Law of Defenses in Actions on Commercial Paper: Including the Defenses at Common Law and Under the Negotiable Instruments Acts, Volume 21924 - 1091 pages |
From inside the book
Results 1-5 of 100
Page 945
... payee intended , and a purchaser who takes the check from him in good faith , believing him to be the payee , is not called upon to inquire any further than may be necessary to establish the identity of the indorser and the party to ...
... payee intended , and a purchaser who takes the check from him in good faith , believing him to be the payee , is not called upon to inquire any further than may be necessary to establish the identity of the indorser and the party to ...
Page 946
... payee , he is presumed to be the payee , and entitled to receive the pro- ceeds . Appellant was required to do no more in this instance . He was re- quired to determine whether the party presenting the check to him was the person to ...
... payee , he is presumed to be the payee , and entitled to receive the pro- ceeds . Appellant was required to do no more in this instance . He was re- quired to determine whether the party presenting the check to him was the person to ...
Page 947
... payee stamps the note paid , cancels it and returns it to the maker , the presump- tion is that the debt is paid . Boulter v . Joliet Nat . Bank , 217 Ill . App . 330 . 48 Bothell v . Fletcher & Stobaugh , 94 Ark . 100 , 125 S. W. 645 ...
... payee stamps the note paid , cancels it and returns it to the maker , the presump- tion is that the debt is paid . Boulter v . Joliet Nat . Bank , 217 Ill . App . 330 . 48 Bothell v . Fletcher & Stobaugh , 94 Ark . 100 , 125 S. W. 645 ...
Page 971
... payee because of the latter's fraud . The payee , for valuable consideration , transferred the check to the plaintiff , who brought suit thereon against the drawer . The trial court found that when the plaintiff took the check its ...
... payee because of the latter's fraud . The payee , for valuable consideration , transferred the check to the plaintiff , who brought suit thereon against the drawer . The trial court found that when the plaintiff took the check its ...
Page 1221
... payee , indorser or assignor which was acquired subsequent to the notice of assign- ment or transfer.30 So , in an action upon a note brought by the payee , for the use of his assignee against the maker - the note having been assigned ...
... payee , indorser or assignor which was acquired subsequent to the notice of assign- ment or transfer.30 So , in an action upon a note brought by the payee , for the use of his assignee against the maker - the note having been assigned ...
Contents
939 | |
940 | |
941 | |
942 | |
944 | |
946 | |
947 | |
953 | |
960 | |
962 | |
966 | |
971 | |
973 | |
975 | |
979 | |
985 | |
991 | |
993 | |
995 | |
997 | |
1000 | |
1001 | |
1007 | |
1016 | |
1022 | |
1047 | |
1055 | |
1059 | |
1060 | |
1065 | |
1073 | |
1075 | |
1102 | |
1105 | |
1108 | |
1111 | |
1117 | |
1126 | |
1150 | |
1152 | |
1174 | |
1178 | |
1201 | |
1212 | |
1215 | |
1219 | |
1223 | |
1244 | |
1252 | |
1266 | |
1275 | |
1284 | |
1448 | |
1475 | |
1484 | |
1504 | |
1526 | |
1535 | |
1549 | |
1560 | |
1566 | |
1572 | |
1578 | |
1587 | |
1598 | |
1652 | |
1753 | |
1760 | |
1772 | |
1779 | |
1795 | |
1801 | |
1808 | |
1814 | |
1823 | |
1829 | |
1830 | |
1837 | |
1875 | |
1892 | |
1911 | |
1913 | |
1918 | |
1925 | |
1929 | |
1931 | |
1934 | |
1940 | |
1945 | |
1948 | |
1962 | |
1973 | |
1985 | |
2020 | |
2105 | |
Common terms and phrases
acceptance acceptor accommodation indorser action agent agreement American Nat amount bad faith bill of exchange bona fide holder bona fide purchaser burden certificate of deposit collateral security comaker commercial paper Conn contract corporation debt defect defense delivered delivery demand note deposit discharge dorser draft drawer due course entitled estopped evidence executed fact failure of consideration fraud held holder for value holder in due infirmity Inst Iowa Kans knowledge law merchant liable Mass maturity ment Minn Misc mortgage Nebr Negotiable Instruments Act negotiable paper nonnegotiable nonpayment note given note payable notice of dishonor Okla paid party payee person plaintiff presented for payment promissory note prove provision purchaser received recover set-off signature signed statute sufficient suit surety Tenn thereof tion transfer Trust usury waiver Wash
Popular passages
Page 1327 - Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided, except as against a party who has himself made, authorized or assented to the alteration, and subsequent indorsers.
Page 1476 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
Page 1028 - 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 1169 - 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 1410 - An instrument to be negotiable must conform to the following requirements: 1. It must be in writing and signed by the maker or drawer. 2. Must contain an unconditional promise or order to pay a sum certain in money.
Page 1056 - A bill of itself does not operate as an assignment of the funds in the hands of the drawee available for the payment thereof, and the drawee is not liable on the bill unless and until he accepts the same.
Page 1042 - Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the instrument; 2.
Page 1327 - When the acceptor of a bill drawn in a set pays it without requiring the part bearing his acceptance to be delivered up to him, and that part at maturity is outstanding in the hands of a holder in due course, he is liable to the holder thereon. SEC. 183. Except as herein otherwise provided where any one part of a bill drawn in a set is discharged by payment or otherwise the whole bill is discharged.
Page 1431 - An instrument is payable at a determinable future time, within the meaning of this act, which is expressed to be payable: 1. At a fixed period after date or sight; or 2. On or before a fixed or determinable future time specified therein; or 3.
Page 1156 - If given at the place of business of the person to receive notice, it must be given before the close of business hours on the day following; 2.