One Thousand Questions and Answers in Business Law: A Plain, Practical and Concise Presentation of Business Law in the Form of Questions and Answers, Specially Adapted to the Requirements of Students in Public and Private Commercial Schools

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Carnell & Hoit, 1901 - Commercial law - 236 pages
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Page 235 - ... giving and granting unto my said attorney full power and authority to do and perform all and every act and thing whatsoever requisite and necessary to be done in and about the premises, as fully, to all intents and purposes, as I might or could do if personally present, with full power of substitution and revocation; hereby ratifying and confirming all that my said attorney or his substitute shall lawfully do, or cause to be done, by virtue hereof.
Page 82 - But a holder who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter.
Page 51 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authority given and within a reasonable time.
Page 227 - ... together with the appurtenances and all the estate and rights of the party of the first part in and to said premises.
Page 56 - reasonable time" or an "unreasonable time," regard is to be had to the nature of the instrument, the usage of trade or business (if any) with respect to such instruments, and the facts of the particular case.
Page 140 - No stockholder shall be personally liable for any debt of the corporation not payable within two years from the time it is contracted, nor unless an action for Its collection shall be brought against the corporation within two years after the debt becomes due...
Page 67 - Notice of dishonor may be waived, either before the time of giving notice has arrived, or after the omission to give due notice, and the waiver may be express or implied.
Page 231 - Expressly Agreed, That should any default be made in the payment of the said interest, or of any part thereof, on any day whereon the same is made payable, as above expressed, and should the same remain unpaid and in arrear for the space of...
Page 227 - And the said party of the first part doth covenant with said party of the second part as follows: First. That the party of the first part Is seized of said premises in fee simple, and has good right to convey the same. Second. That the party of the second part shall quietly enjoy the said premises.
Page 55 - When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling due on Saturday are to be presented for payment on the next succeeding business day, except that instruments payable on demand may, at the option of the holder, be presented for payment before twelve o'clock noon on Saturday when that entire day is not a holiday.

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