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" The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by nonacceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability... "
Acts and Resolutions Adopted by the Legislature of Florida - Page 47
by Florida - 1897
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Report of the ... Annual Meeting of the American Bar ..., Volume 10, Part 1887

American Bar Association - Law - 1887 - 460 pages
...by non-acceptance. (2) Where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer oriudorser is discharged from his liability on the...
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The Bills of Exchange Act, 1882: (45 & 46 Vict. C. 61). With Explanatory ...

Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...lnd. Act, s. 86. (2.) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or inJorser is discharged from his liability on the...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...acceptance of some one or more of the drawees but not of all. CH. 133 u.] NEGOTIABLE INSTRUMENTS LAW. authorized the holder to take a qualified acceptance...thereto. ARTICLE III. PRESENTMENT FOR ACCEPTANCE. § 143. WHEN PRESENTMENT FOR ACCEPTANCE MUST BE MADE. — Presentment for acceptance must be made —...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...drawer and indorsers are discharged from liability on the bill, unless they have expressly or implied ly authorized the holder to take a qualified acceptance,...holder, or he will be deemed to have assented thereto. CHAPTER XII— Presentment of Bills of Exchange for Acceptance. 162. Presentment for acceptance must...
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Digest of the Law of Evidence on the Trial of Actions at Nisi Prius, Volume 1

Henry Roscoe, Maurice Powell - Evidence (Law) - 1891 - 924 pages
...necessary." accepted. "(2.) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorsor is discharged from his liability on the...
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Laws of Barbados

Barbados - Session laws - 1893 - 462 pages
...by non-acceptance. (2.) Where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance or does not subsequently assent thereto such drawer or indorser is discharged frr.m his liability on the...
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A Digest of the Law of Bills of Exchange, Promissory Notes, Cheques, and ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 530 pages
...as to the balance. (2) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorser is discharged from his liability on the...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Electronic journals - 1897 - 434 pages
...non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability on the bill, unless they have expressly...Sec. 143. Presentment for acceptance must be made: 2. Where the bill expressly stipulates that it shall be presented for acceptance; or 3. Where the bill...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...by non-acceptance Where a qualified acceptance is taken the drawer and indorsers are discharged from liability on the bill, unless they have expressly...holder, or he will be deemed to have assented thereto. PRESENTMENT FOR ACCEPTANCE. Sec. 150. Presentment for acceptance must be made; 1. Where the bill is...
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Laws of the State of New York, Volume 2

New York (State) - Law - 1897 - 996 pages
...drawer and indorsers are discharged from liability on the bill, unless they have expressly or inipliedly authorized the holder to take a qualified acceptance,...he will be deemed to have assented thereto. ARTICLE XII. PRESENTMENT OF BILLS OF EXCHANGE FOR ACCEPTANCE. Section 240. When presentment for acceptance...
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