Richardson's Commercial Law: A Text-book for Schools, Colleges and Private Reference |
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Richardson's Commercial Law: A Text-Book for Schools, Colleges and Private ... William Payson Richardson No preview available - 2015 |
Common terms and phrases
acceptance acceptor Accounts-6 adopted agent agreement amount authority bailee Bailment bank bill bind blank endorsement bona fide holder cent certificate CHAPTER CHATTEL MORTGAGES Commercial Paper-6 common law consideration contract corporation court of equity Courts of record creditor damages debt debtor discharged Distributive Share Dower drawee drawer endorser essential features EXECUTION EXEMPTIONS feiture femme sole firm fixtures guarantor guaranty insured interest Judgments justice of peace Legal rate liable loss maker MARRIED WOMEN maturity months mortgagor resides N. O. Burnap NEGOTIABLE INSTRUMENTS LAW paid parties without notice partner payable payee payment Personal Property-Specified articles principal promise to pay promissory note property is located purchase rate by statute real property reasons for answers recover refused register of deeds RIGHTS OF MARRIED seal Share of Husband's sold STATUTE OF FRAUDS STATUTE OF LIMITATIONS subsequent parties sued surety third persons Usury void wares and merchandise writing
Popular passages
Page 115 - A man is presumed to intend the natural and probable consequences of his acts.
Page 62 - Where the instrument is payable at a fixed period after date, after sight, or after the happening of a specified event, the time of payment is determined by excluding the day from which the time is to begin to run, and by including the date of payment.
Page 75 - But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration, he may enforce payment thereof according to its original tenor.
Page 54 - But the negotiable character of an instrument otherwise negotiable is not affected by a provision which 1. Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2. Authorizes a confession of judgment if the instrument be not paid at maturity ; or 3. Waives the benefit of any law intended for the advantage or protection of the obligor ; or 4.
Page 160 - ... the said party of the first part, in consideration of the sum of...
Page 81 - If sent by mail, it must be deposited in the postoffice in time to go by mail the day following the day of dishonor, or if there be no mail at a convenient hour on that day by the next mail thereafter.
Page 75 - Any alteration which changes: 1. The date. 2. The sum payable, either for principal or interest. 3. The time or place of payment. 4. The number and the relations of the parties. 5. The medium or currency in which payment is to be made. Or which adds a place of payment where no place of payment is specified, or any other change or addition which alters the effect of the instrument in any respect, is a material alteration.
Page 133 - A corporation is an artificial being, invisible, intangible, and existing only in contemplation of law. Being the mere creature of law, it possesses only those properties which the charter of its creation confers upon it, either expressly or as incidental to its very existence.
Page 51 - The sum payable is a sum certain within the meaning of this act, although it is to be paid — 1. With interest; or 2. By stated instalments; or 3. By stated instalments, with a provision that upon default in payment of any instalment or of interest the whole shall become due; or 4.
Page 144 - It is in obedience to this requirement, that stock certificates of all kinds have been constructed in a way to invite the confidence of business men, so that they have become the basis of commercial transactions in all the large cities of the country, and are sold in open market the same as other securities. Although neither in form or character negotiable paper, they approximate to it as nearly as practicable.