 By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time...  General Laws of the State of Idaho ... - Page 400by Idaho - 1903Full view - About this book
 | James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...the holder's " right of recourse against the party secondarily liable is expressly " reserved; " 6. By any agreement binding upon the holder to extend...holder's right to enforce the " instrument, unless the right of recourse against such party is " expressly reserved." 78 b. In general.— The person... | |
 | Kentucky - Session laws - 1904 - 378 pages
...unless the holders 1 right of recourse against the party secondarily liable i« expressly reserved. (6) By any agreement binding upon the holder to extend...recourse against such party is expressly reserved in the original instrument. i Party who pays § 121. Where the instrument is paid bv a party — wh... | |
 | Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By an agreement binding upon the holder to extend the time...enforce the instrument unless made with the assent, prior or subsequent, of the party secondarily liable, unless the right of recourse against such party... | |
 | Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...rule that the discharge *In the Wisconsin Act, the following is substituted for subdivision 6, "by an agreement binding upon the holder to extend the time...enforce the instrument unless made with the assent, prior or subsequent, of the party secondarily liable, unless the right of recourse against such party... | |
 | Maryland - Law - 1904 - 1280 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 6. By any agreement binding upon the holder to extend...the holder's right to enforce the instrument, unless the right of recourse against such party is expressly reserved. 140. Where the instrument is paid by... | |
 | Kentucky - Law - 1904 - 384 pages
...the holders' right of recourse against the party secondarily liable is expressly reserved. (6) P>y any agreement binding upon the holder to extend the...postpone the holder's right to enforce the instrument, nnless made 'with the assent of the party secondarily liable, or nnless the right of recourse against... | |
 | Michigan - Session laws - 1905 - 754 pages
...on the instrument is when , . , , ' J secondarily liable discharged : is discharged. First, By any act which discharges the instrument; Second, By the...recourse against such party is expressly reserved. SEC. 123. Where the instrument is paid by a party secon- instrument paid darily liable thereon it is not... | |
 | North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; (6) city within the same, or at any sale for taxes authorized by the law of this state, sha 1899, c. 733, s. 120. 2271. Payment by party secondarily liable is not. When the instrument is paid... | |
 | Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved;5 Sixth, By any agreement binding upon the holder to...payment, or to postpone the holder's right to enforce the instrument,6 unless made with the assent of the party secondarily liable,7 or unless the right of recourse... | |
 | District of Columbia - Law - 1906 - 442 pages
...holder's right of recourse against the party secondarily liable is expressly reserved. Sixth. By an agreement binding upon the holder to extend the time...recourse against such party is expressly reserved. Sec. 1425. PAYMENT BY PARTY SECONDARILY LIABLE NOT A DISCHARGE. — Where the instrument is paid by a party... | |
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