McMaster's Commercial Decisions Affecting the Banker and Merchant [from the Decisions of the Highest Courts of the Several States], [1879-1913], Vol. 1-12, 15, 16, Volume 6 |
From inside the book
Results 1-5 of 100
Page xiii
... payee before maturity , but not indorsed by payee until after maturity , does not constitute the holder a holder in due course . 137a . Where five persons agreed to form a partnership under the name of A. B. , " and one of them , before ...
... payee before maturity , but not indorsed by payee until after maturity , does not constitute the holder a holder in due course . 137a . Where five persons agreed to form a partnership under the name of A. B. , " and one of them , before ...
Page xvi
... payee's name , a check on another bank , held liable of the drawee bank , regardless of the fact of whether or not ... payee on Friday , after banking hours , and the payee deposited it Sat- urday in another clearing house bank , all of ...
... payee's name , a check on another bank , held liable of the drawee bank , regardless of the fact of whether or not ... payee on Friday , after banking hours , and the payee deposited it Sat- urday in another clearing house bank , all of ...
Page xx
... payee on Friday , after banking hours , and the payee deposited it Saturday in another clearing house bank , all of the parties being in the same city , held , that it was negligence which re- leased the drawer not to have pre- sented ...
... payee on Friday , after banking hours , and the payee deposited it Saturday in another clearing house bank , all of the parties being in the same city , held , that it was negligence which re- leased the drawer not to have pre- sented ...
Page xxi
... payee bank did not disclose the forgeries of collateral by the maker , held to have lost his defense by renewing the notes . 95a . A bank which collected , for a forger of the payee's name , a check on another bank , held liable to the ...
... payee bank did not disclose the forgeries of collateral by the maker , held to have lost his defense by renewing the notes . 95a . A bank which collected , for a forger of the payee's name , a check on another bank , held liable to the ...
Page xxii
... payee , held to be of no effect : Delivery held to be essential to a gift . 128a , No. 647 , p . 219 . Certain gift held ineffectual for lack of proper delivery . 230a , No. 649 , p . 231 . Note given as an endowment for a col- lege ...
... payee , held to be of no effect : Delivery held to be essential to a gift . 128a , No. 647 , p . 219 . Certain gift held ineffectual for lack of proper delivery . 230a , No. 649 , p . 231 . Note given as an endowment for a col- lege ...
Common terms and phrases
acceptance action affirmed agent agreement alleged amount appellant appellee assignment authority bankrupt Baumbaugh bill bill of lading bona fide purchaser bonds cashier cattle certificate chose in action Circuit Court claim commercial paper consideration contract corporation creditors damages debt Decision defendant bank defendant's delivered delivery deposit depositor discounted draft drawee drawer entitled error estopped evidence executed fact firm forged forgery fraud fraudulent funds gift gift causa mortis gift inter vivos Gillett grain Hardinger held indebtedness indorsed instrument interest judgment jury liability maker ment mortgage National Bank negotiable negotiable instrument notice owner paid parties payable payee payment person plaintiff plaintiff in error principal promise promissory note purchaser question reason receipt received recover rule Siegel & Bro sold statute supra Supreme Court surety thereof Thomas Persons tion transaction trust valid
Popular passages
Page 277 - Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value ; and is deemed such whether the instrument is payable on demand or at a future time.
Page 277 - A holder in due course holds the instrument free from any defect of title of prior parties, and free from defenses available to prior parties among themselves, and may enforce payment of the instrument for the full amount thereof against all parties liable thereon.
Page 277 - To exercise by its board of directors, or duly authorized officers or agents, subject to law, all such incidental powers as shall be necessary to carry on the business of banking; by discounting and negotiating promissory notes, drafts, bills of exchange, and other evidences of debt...
Page 277 - Where a signature is forged or made without the authority of the person whose signature it purports to be, it is wholly inoperative, and no right to retain the instrument, or to give a discharge therefor, or to enforce payment thereof against any party thereto, can be acquired through or under such signature, unless the party against whom it is sought to enforce such right is precluded from setting up the forgery or want of authority.
Page 277 - A holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face; (2) That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact; (3) That he took it in good faith and for value; (4) That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Page 277 - The title of a person who negotiates an instrument is defective within the meaning of this act when he obtained the instrument, or any signature thereto, by fraud, duress or force and fear or other unlawful means, or for an illegal consideration or when he negotiates it in breach of faith, or under such circumstances as amount to a fraud.
Page 275 - Every contract for the leasing for*a longer period than one year, or for the sale of any lands, or any interest in lands, shall be void, unless the contract, or some note or memorandum thereof, expressing the consideration, be in writing, and be subscribed by the party by whom the lease or sale is made.
Page 295 - If a creditor has been preferred, and afterwards in good faith gives the debtor further credit without security of any kind for property which becomes a part of the debtor's...
Page 295 - In all cases of mutual debts or mutual credits between the estate of a bankrupt and a creditor the account shall be stated and one debt shall be set off against the other, and the balance only shall be allowed or paid.
Page 261 - Whenever a creditor, whose claim against a bankrupt estate is secured by the individual undertaking of any person, fails to prove such claim, such person may do so in the creditor's name, and if he discharge such undertaking in whole or in part he shall be subrogated to that extent to the rights of the creditor.