Selected Cases on the Law of Negotiable Instruments |
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Page 34
... instrument produced , that it was placed there by competent authority ; the rule being , that , when the common seal of a corporation appears to be affixed to an instrument and the signature of a proper officer is proved or admitted ...
... instrument produced , that it was placed there by competent authority ; the rule being , that , when the common seal of a corporation appears to be affixed to an instrument and the signature of a proper officer is proved or admitted ...
Page 35
... instrument by saying " In testimony whereof the common seal of the said corporation is hereunto affixed . " But this is not necessary to the validity of the instru- Nor is it necessary to name or refer to the seal at all . Mill Dam ...
... instrument by saying " In testimony whereof the common seal of the said corporation is hereunto affixed . " But this is not necessary to the validity of the instru- Nor is it necessary to name or refer to the seal at all . Mill Dam ...
Page 41
... instrument in the words and figures following : £ 300 Four months after date pay to my order the sum of three hundred pounds for value received . To Captain Taylor , Ship Jasper . There was no date to this instrument nor the signature ...
... instrument in the words and figures following : £ 300 Four months after date pay to my order the sum of three hundred pounds for value received . To Captain Taylor , Ship Jasper . There was no date to this instrument nor the signature ...
Page 42
... instrument could not be declared on either as a bill of exchange or promissory note , and a verdict was accordingly entered for the defendant ; but leave was reserved to the plaintiff to move to enter a verdict on either the first or ...
... instrument could not be declared on either as a bill of exchange or promissory note , and a verdict was accordingly entered for the defendant ; but leave was reserved to the plaintiff to move to enter a verdict on either the first or ...
Page 43
... instrument . real question presented is whether the instrument declared on is negotiable , so that an action may be maintained upon it in the name of the indorsee . To constitute a negotiable draft or order , it must be a written order ...
... instrument . real question presented is whether the instrument declared on is negotiable , so that an action may be maintained upon it in the name of the indorsee . To constitute a negotiable draft or order , it must be a written order ...
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Selected Cases on the Law of Negotiable Instruments (Classic Reprint) Robert E. Bunker No preview available - 2016 |
Common terms and phrases
acceptance acceptor action affirmed agent alleged amount appellant appellee assignment assumpsit authority bill of exchange bill or note blank bona fide holder bonds certificate certificate of deposit charge cited commercial paper common law consideration contract court Curtis Bros custom of merchants debt decision declaration defendant defendant's delivered delivery demand demurrer deposit dishonor draft drawer drawn entitled error estoppel evidence fact fraud fund given held holder for value indorsement inland bills instru interest judgment jury law merchant liable Lord maker maturity ment National Bank negotiable instrument negotiable paper non-payment notice obligation opinion paid parties payable to bearer payee person plaintiff plaintiff in error principle promise to pay promissory note protest purchaser question reason recover rule says scrip seal signature statute stipulation sufficient thereof tion transaction transfer trial usage usury value received verdict words
Popular passages
Page 161 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.
Page 532 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
Page 189 - 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 190 - 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 164 - 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. But...
Page 181 - that the laws of the several states, except where the constitution, treaties or statutes of the United States shall otherwise require or provide, shall be regarded as rules of decision. In trials at common law, in the courts of the United States, In cases where they apply.
Page 190 - 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 561 - Act.) In any case not provided for in this act, the rules of law and equity, including the law merchant...
Page 400 - ... 1. Where the drawer and drawee are the same person. 2. Where the drawee is a fictitious person or a person not having capacity to contract. 3. Where the drawer is the person to whom the instrument is presented for payment. 4. Where the drawer has no right to expect or require that the drawee or acceptor will honor the instrument. 5. Where the drawer has countermanded payment.
Page 189 - Where value has at any time been given for the instrument, the holder is deemed a holder for value in respect to all parties who became such prior to that time.