Lyons' Commercial Law: A Text Book for Schools and Colleges and a Book of Reference |
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Page 47
... presented . 121. Part Payment . - As a general rule when the exact amount of the indebtedness is known and admitted , a part payment will not operate as a discharge of the whole , even though the creditor agrees to accept the part in ...
... presented . 121. Part Payment . - As a general rule when the exact amount of the indebtedness is known and admitted , a part payment will not operate as a discharge of the whole , even though the creditor agrees to accept the part in ...
Page 62
... presenting $ 50000 Chicago ? Aug 16 , 1924 Payto At ten days sight . the order of X Smith Five Hundred Value received and charge the same to account of To LK . Young . S A Buffalo NY N Dollars With Exchange C. W Robbins In the above ...
... presenting $ 50000 Chicago ? Aug 16 , 1924 Payto At ten days sight . the order of X Smith Five Hundred Value received and charge the same to account of To LK . Young . S A Buffalo NY N Dollars With Exchange C. W Robbins In the above ...
Page 63
... presented for acceptance . The conditions of a proper presentation will be explained in a later chapter . If in the above draft we suppose that Smith , instead of transferring the draft , retains it , he should at an early date present ...
... presented for acceptance . The conditions of a proper presentation will be explained in a later chapter . If in the above draft we suppose that Smith , instead of transferring the draft , retains it , he should at an early date present ...
Page 69
... presented within a reason- able time after its issue or the drawer will be discharged to the extent of the loss caused by the delay . 172. Parties to a Check . - As in a draft , of which this is a species , there are three parties to a ...
... presented within a reason- able time after its issue or the drawer will be discharged to the extent of the loss caused by the delay . 172. Parties to a Check . - As in a draft , of which this is a species , there are three parties to a ...
Page 72
... presented for payment the bank would fail it would not be the drawer's loss . N. I. - If the holder of a check procures it to be certified the drawer and all endorsers are released . 179. Checks Operate as Receipts . - When a debtor is ...
... presented for payment the bank would fail it would not be the drawer's loss . N. I. - If the holder of a check procures it to be certified the drawer and all endorsers are released . 179. Checks Operate as Receipts . - When a debtor is ...
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Lyons' Commercial Law: A Text Book for Schools and Colleges and a Book of ... James A. Lyons No preview available - 2016 |
Common terms and phrases
acceptance agent agreement agrees amount of claim assigns bailee bailment bill bill of lading Bond required buyer carrier chattels Chicago common carrier common law condition consideration contract corporation court covenant creditors debt debtor deed delivered delivery Dollars draft drawee drawer duties emblements endorsement estate law fee simple Fee Tail firm Forfeiture fraud guaranty held holder Illinois implied insolvent interest joint tenancy Law Merchant lease liable loss maturity ment months mortgage mortgagor NATIONAL BANK negotiable instrument negotiable paper notice paid partner partnership party payable payment personal property pledge possession premium presented principal Priority promise to pay purchase real estate receipt required in double rule seal secure sell seller Specified articles statute Statute of Frauds surety tenant thereof thing third persons tion transfer usually usurious valid Value received void warranty warranty deed
Popular passages
Page 10 - First, and which are of a general nature and not local to that kingdom, shall be the rule of decision, and shall be considered as of full force until repealed by legislative authority."— Act of the General Convention of Delegates of the Colony of Virginia, held at Williamsburg, Monday, May 6, 1776.
Page 219 - TOGETHER with all and singular the hereditaments and appurtenances thereunto belonging, or in anywise appertaining and the reversion and reversions, remainder and remainders, rents, issues and profits thereof...
Page 218 - America, to him in hand paid by the said party of the second part, the receipt whereof is hereby acknowledged, does by these presents grant, bargain, sell, convey, and confirm unto the said party of the second part, and to his heirs and assigns forever, [here give description of property].
Page 220 - Rodman, who are personally known to me to be the same persons whose names are subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that they signed, sealed, and delivered the said instrument as their free and voluntary act for the uses and purposes therein set forth.
Page 10 - That the common law of England so far as the same is applicable and of a general nature...
Page 222 - Belle, his wife, party of the first part, for themselves and their heirs, executors, and administrators, do covenant, grant, bargain, and agree, to and with the said party of the second part, his...
Page 7 - Municipal law, thus understood, is properly defined to be a 'rule of civil conduct prescribed by the supreme power in a state, commanding what is right and prohibiting what is wrong.
Page 108 - For value received I hereby guarantee the payment of the within note.
Page 224 - In witness whereof the said party of the first part has hereunto set his hand and seal the day and year first above written.
Page 222 - ... whatsoever of the said party of the first part, either in law or equity of, in and to the above bargained premises with the said hereditaments and appurtenances.