 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
 | United States. War Department - 1912 - 814 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; (/) By any agreement binding upon the holder to extend the time of payment, or to postpone the nolder's right to enforce the instrument, unless made with the assent of the party secondarily liable,... | |
 | Law reports, digests, etc - 1913 - 1356 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...recourse against such party Is expressly reserved." We are of the opinion that the paragraph quoted from the general provisions has reference to the face... | |
 | James Smith McMaster - 1908 - 800 pages
...the maker. (section 128, subd. 6). 'A person secondarily liable on the instrument is discharged. ... By any agreement binding upon the holder to extend...secondarily liable, or unless the right of recourse against said party is expressly reserved.' We agree with the Superior Court that the promise not to press the... | |
 | Law reports, digests, etc - 1913 - 1390 pages
...person secondarily liable on the instrument is discharged: . . . "(6) By an agreement binding upou the holder to extend the time of payment, or to postpone...recourse against such party is expressly reserved." The court of civil appeals was of opinion that reservation of the right of recourse against a surety... | |
 | Massachusetts. Supreme Judicial Court - Law reports, digests, etc - 1913 - 758 pages
...discharged is (§ 137) an agreement by the holder to extend the time of payment or to postpone his right to enforce the instrument " unless made with...recourse against such party is expressly reserved." Whatever force might attach to the enumeration of ways in which the instrument and consequently parties... | |
 | Wisconsin. Supreme Court, Philip Loring Spooner, Abram Daniel Smith, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - Law reports, digests, etc - 1913 - 782 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... | |
 | William Frederick Elliott - Contracts - 1913 - 1180 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."" § 3477. Dishonor and protest. —... | |
 | James Smith McMaster - 1907 - 750 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. Since the passage of the Negotiable... | |
 | James Smith McMaster - 1909 - 824 pages
...Negotiable Instruments Law provides: "A person secondarily liable on the instrument is discharged: VI. By any agreement binding upon the holder to extend the time of payment, or to postpone1 the holder's right to enforce the instrument, unless made with the assent of the party secondarily... | |
 | South Carolina - Law - 1914 - 734 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...recourse against such party is expressly reserved. § 121. Where the instrument is paid by a party secondarily liable thereon, it is not discharged ;... | |
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