American Jurisprudence: A Comprehensive Text Statement of American Case Law as Developed in the Cases and Annotations in the Annotated Reports System, Being a Rewriting of Ruling Case Law to Reflect the Modern Developments of the Law, Volume 8Bancroft-Whitney Company, 1936 - Law |
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Page 237
... drawer until he actually has paid the bill.19 By thus paying , he becomes entitled to recover the amount from the drawer on an implied contract of indemnity , but he has no remedy on the bill because its vitality is destroyed by the ...
... drawer until he actually has paid the bill.19 By thus paying , he becomes entitled to recover the amount from the drawer on an implied contract of indemnity , but he has no remedy on the bill because its vitality is destroyed by the ...
Page 391
... drawer thereof.19 However , ac- cording to the Uniform Act 20 and decided cases , notice of dishonor is not required to be given to the drawer in the following instances : ( 1 ) Where the drawer and drawee are the same person ; ( 2 ) ...
... drawer thereof.19 However , ac- cording to the Uniform Act 20 and decided cases , notice of dishonor is not required to be given to the drawer in the following instances : ( 1 ) Where the drawer and drawee are the same person ; ( 2 ) ...
Page 402
... drawer has withdrawn or intercepted funds which were intended to meet the bill , or its payment was dependent upon conditions which he must have known he had not preformed , he cannot claim to be entitled to notice of nonpayment.19 On ...
... drawer has withdrawn or intercepted funds which were intended to meet the bill , or its payment was dependent upon conditions which he must have known he had not preformed , he cannot claim to be entitled to notice of nonpayment.19 On ...
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Common terms and phrases
acceptance acceptor action agent agreement American Nat amount Annotation assignment authority Bank of United bill of exchange bill or note blank bona fide holder citing R. C. L. collateral commercial paper Conn consideration contract corporation court debt defense delivery demand deposit discharge draft drawer due course entitled equities estoppel fact fraud held holder for value holder in due indorser infra Inst instru Iowa law merchant maker Mass maturity ment Merchants Minn negotiable instrument negotiable paper non-negotiable nonpayment notice of dishonor Ohio St Okla paid payee person plaintiff presentment for payment primarily liable principal promissory note protest purchaser recover rule secondarily liable signature Smith statute supra surety taking Tenn thereon tion transfer Trust Uniform Act provides Uniform Neg usury waiver