 | Law - 1916 - 506 pages
...maker of a negotiable instrument, by making it engages that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse." This statutory provision has been so construed by the courts of several jurisdictions. Young v. Gaus,... | |
 | Law reports, digests, etc - 1910 - 1168 pages
...maker of a negotiable instrument by making it engages that he will pay It according to its tenor, and admits the existence of the payee and his then capacity to indorse." Page 351. When construed in the light of these sections, section 58 cannot be made to bear the construction... | |
 | Edmund Powell, John Cutler, Edmund Fuller Griffin - Evidence (Law) - 1885 - 772 pages
...indorsement." By sect. 55, the drawer of a bill " is precluded from denying to a holder in due course the existence of the payee and his then capacity to indorse;" and the indorser of a bill, by indorsing it, " is precluded from denying to a holder in due course the... | |
 | Maryland - Law - 1898 - 700 pages
...of a negotiable instrument, by making it, engages that he will pay it according to its tenor ; and admits the existence of the payee and his then capacity to indorse. 80. The drawer by drawing the instrument admits the exist- , ence of the payee and his then capacity... | |
 | Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - Law reports, digests, etc - 1916 - 880 pages
...maker of a negotiable instrument by making it agrees that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse." "Sec. 4067. * * * Sixth. Where a signature is so placed upon an instrument that it is not clear in... | |
 | Colorado - Electronic journals - 1897 - 394 pages
...of the payee and his then capacity to indorse. Sec. 61. The drawer by drawing the instru- same, ment admits the existence of the payee and his then capacity...on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored, and the necessary proceedings... | |
 | New York (State) - Law - 1897 - 996 pages
...maker of a negotiable instrument by making it engages that h» will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. § 111. Liability of drawer. — The drawer by drawing the instrument admits the existence of the payee... | |
 | Colorado - Electronic journals - 1897 - 434 pages
...negotiable instrument Liability of by making it engages that he will pay it according makerto its tenor; and admits the existence of the payee and his then capacity to indorse. Sec. 61. The drawer by drawing the instru- same. ment admits the existence of the payee and his then... | |
 | Florida - Law - 1897 - 426 pages
...maker of a negotiable instrument by making it engages that he will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. SEC. 61. The drawer by drawing the instrument admits the existence of the payee and his then capacity... | |
 | Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...maker of a negotiable instrument by making it engages that he will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. Sec. 68. The drawer by drawing the instrument admits the existence of the payee and his then capacity... | |
| |
The drawer by drawing the instrument admits the existence of the payee and his then capacity to indorse ; and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored, and the... 
