 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...  Southern Reporter - Page 1861925Full view - About this book
 | Illinois. Supreme Court - Law reports, digests, etc - 1919 - 716 pages
...presentment it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings...be duly taken he will pay the amount thereof to the holder or to any subsequent indorser who may be compelled to pay it.' The indorser's liability as such... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1917 - 720 pages
...presentment the bill will be accepted or paid, or both, according to its tenor, and if it be presented and the necessary proceedings on dishonor be duly taken he will pay the amount to the holder or to any indorser who may be compelled to pay it. Therefore, in the absence of any stipulation... | |
 | Law reports, digests, etc - 1908 - 1168 pages
...on due presentment, the instrument shall be accepted or paid or both, as the case . may be, and that If it be dishonored, and the necessary proceedings...duly taken, he will pay the amount thereof to the holder or to any subsequent indorser who may be compelled to pay It. Presentment for payment must be... | |
 | Virginia - Law - 1899 - 724 pages
...presentment it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings...be duly taken he will pay the amount thereof to the holder or to any subsequent indorser who may be compelled to pay it. §67. LIABILITY OF INDORSER WHERE... | |
 | Law reports, digests, etc - 1913 - 1348 pages
...or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and If the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it;" and in subsection 89 that "except... | |
 | Maryland - Law - 1898 - 700 pages
...presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings...duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it. 86. Where a person places his... | |
 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1918 - 832 pages
...presentment it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings...duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it." The provision of section 324... | |
 | New York (State) - Law - 1897 - 996 pages
...presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings...duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it. § 117. Liability of indorser... | |
 | Colorado - Electronic journals - 1897 - 394 pages
...presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings...duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it. Sec. 67. Where a person places... | |
 | Florida - Law - 1897 - 426 pages
...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...duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it. But the drawer may insert in... | |
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