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" 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 Passed at the First- Session of the State ... - Page 400
by Idaho - 1903
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 11

James Smith McMaster - 1908
...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...
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Lawyers' Reports Annotated, Book 46

Law reports, digests, etc - 1913
...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...
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Massachusetts Reports: Cases Argued and Determined in the ..., Volume 212

Massachusetts. Supreme Judicial Court - Law reports, digests, etc - 1913
...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...
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Wisconsin Reports: Cases Determined in the Supreme Court of ..., Volume 152

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
...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...
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volume 4

William Frederick Elliott - Contracts - 1913
...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. —...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 10

James Smith McMaster - 1907
...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...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 12

James Smith McMaster - 1909
...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...
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Acts and Joint Resolutions of the General Assembly of the State of South ...

South Carolina - Law - 1914
...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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Handbook of the Law of Bills and Notes

Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - Negotiable instruments - 1914 - 732 pages
...unless the holder's right of recourse against the party secondarily liable is expressly reserved ; 84 6. By any agreement binding upon the holder to extend...right of recourse against such party is expressly reserved.88 Sec. 121. 88 Where the instrument is paid by a party secondarily liable thereon, it is...
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Leading Cases of the Court of Civil Appeals of the State of ..., Volume 4

Tennessee. Court of Civil Appeals, Joseph Carrigan Higgins - Law reports, digests, etc - 1914
...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." In the case of Bank v. Hood, 18 Gates, 443, it was held that, by the language of the general provisions...
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