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 348
... hands , nor has established a credit . It is also excused if the drawer , having funds in the hands of the drawee during the currency of the bill , has with- drawn the same before the bill matured . On the other hand , even though the ...
... hands , nor has established a credit . It is also excused if the drawer , having funds in the hands of the drawee during the currency of the bill , has with- drawn the same before the bill matured . On the other hand , even though the ...
Page 402
... hands are attached before presentment . It has been held that notice of protest for nonpayment must be given to a drawer , who has funds in the drawee's hands at the maturity of the bill , even if the funds are insufficient to cover the ...
... hands are attached before presentment . It has been held that notice of protest for nonpayment must be given to a drawer , who has funds in the drawee's hands at the maturity of the bill , even if the funds are insufficient to cover the ...
Page 522
... hands , and his acceptance binds him , although it is known to the holder he has no funds of the drawer in his hands ; it is sufficient if the holder trusts to such acceptance . A fortiori , a written promise to accept may be enforced ...
... hands , and his acceptance binds him , although it is known to the holder he has no funds of the drawer in his hands ; it is sufficient if the holder trusts to such acceptance . A fortiori , a written promise to accept may be enforced ...
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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