Except as herein otherwise provided, when a negotiable instrument has been dishonored by nonacceptance or nonpayment, notice of dishonor must be given to the drawer and to each indorser, and any drawer or indorser to whom such notice is not given is discharged. Annual Report of the Illinois State Bar Association - Page 110by Illinois State Bar Association - 1899Full view - About this book
| Michigan - Session laws - 1905 - 754 pages
...without notice that his title is defective. Article VII. Notice of Dishonor. To whom given. SEC. 91. Except as herein otherwise provided, when a negotiable...indorser to whom such notice is not given is discharged. By whom given. SEC. 92. The notice may be given by or on behalf of the holder or by or on behalf of... | |
| Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 pages
...When protest need not be made; when must be made. Sec. 91. Notice of dishonor; to whom must be given. —Except as herein otherwise provided, when a negotiable...drawer or indorser to whom such notice is not given is discharged.1 1 — This section follows the Bills been dishonored Is not enough to of Exchange Act,... | |
| David Armel Keister - Accounting - 1905 - 608 pages
...dishonor be given? A. When a negotiable instrument has been dishonored by nonpayment or non-acceptance, notice of dishonor must be given to the drawer and to each indorscr. Any drawer or indorser not notified of dishonor is discharged of his liability. 132. Where... | |
| Ohio. Circuit Court - Law reports, digests, etc - 1906 - 676 pages
...subdivision on dishonor of paper. Section 3174(7, reads : " [To Whom Notice of Dishonor Must be Given.] Except as herein otherwise provided, when a negotiable...indorser to whom such notice is not given is discharged." It is true that the words there are general ; any indorser or drawer shall be given notice. We think... | |
| Emilius Oviatt Randall - Negotiable instruments - 1906 - 238 pages
...Re-Subdivision 7. NOTICE OF DISHONOE. 3174gr (4986) [To Whom Notice of Dishonor Must be Given.] Except»as herein otherwise provided, when a negotiable instrument...indorser to whom such notice is not given is discharged. A waiver of demand of payment at the maturity of a note is also a waiver of notice of nonpayment. Dye... | |
| District of Columbia - Law - 1906 - 442 pages
...Except as herein otherwise pro vided, when a negotiable instrument has been dishonored by nor.acceptance or nonpayment, notice of dishonor must be given to...whom such notice is not given is discharged. Sec. 1394. The notice may be given by or on behalf of the holder, or by or'on behalf of any party to the... | |
| Sir Frank Tillyard - Banking law - 1906 - 412 pages
...non-acceptance or non-payment, as a general rule notice of dishonour must be given to the drawer and each indorser, and any drawer or indorser to whom such notice is not given is discharged. But if a bill is dishonoured by non-acceptance, the rights of a holder in due course, who has taken... | |
| New York (State). Board of Statutory Consolidation - Law - 1907 - 1252 pages
...Whenpi-otest need not be made; when must be made. § 160. To whom notice of dishonor must be given. Except as herein otherwise provided, when a negotiable...indorser to whom such notice is not given is discharged. 8 161. By whom given. The notice may be given by or on behalf of the holder, or by or on behalf of... | |
| Illinois - Law - 1907 - 644 pages
...time is to begin to run, and by including the date of payment. ARTICLE VII. NOTICE OF DISHONOR. § 88. Except as herein otherwise provided, when a negotiable...indorser to whom such notice is not given is discharged. § 89. The notice may be given by or on behalf of the holder, or by or on behalf of any party to the... | |
| William John Tossell - Law reports, digests, etc - 1907 - 870 pages
...subsequent indorser who may be compelled to pay it." Summit Common Pleas. Revised Statute 3174g (Lan. 4986). "Except as herein otherwise provided, when a negotiable...indorser to whom such notice is not given is discharged." Clearly here the language "each indorser" and "any indorser" is as generic as language is capable of;... | |
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