... 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 when an instrument... Acts of the Legislature of West Virginia - Page 398by West Virginia - 1907Full view - About this book
| Law reports, digests, etc - 1913 - 1236 pages
...and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration,...payment thereof according to its original tenor." Section 4587, Rev. Stat. 1908. The statute likewise provides that any alteration as to date, rate of... | |
| South Dakota - Session laws - 1913 - 796 pages
...subsequent indorsers. But \vhen an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration,...enforce payment thereof according to its original tenor. § 121. Any alteration which changes: 1. The date. 2. The sum payable, either principal or interest,... | |
| South Dakota - Law - 1913 - 804 pages
...and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration,...enforce payment thereof according to its original tenor. § 124. Any alteration which changes: 1. The date. 2. The sum payable, either principal or interest.... | |
| Accounting - 1913 - 498 pages
...and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration...enforce payment thereof according to its original tenor. A change in date is specified under the act as a material alteration. The case stated, however, does... | |
| James Smith McMaster - 1905 - 966 pages
...141, it is provided that ' when an instrument has been materially altered, and is in the hands of a holder in due course, not a party to the alteration,...payment thereof according to its original tenor.' This language is directly applicable to the present case. See Scholfield v. Earl of Londesborough (1894),... | |
| William Frederick Elliott - Contracts - 1913 - 1180 pages
...and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration,...enforce payment thereof according to its original tenor."18 In those states which have not adopted the Negotiable Instruments Law, the general rule is... | |
| Samuel Williston - Commercial law - 1913 - 264 pages
...however, further provides: "but when an instrument has been materially altered and is in the hands of a holder in due course not a party to the alteration, he may enforce payment thereof according to the original tenor." It may seem that this would avoid all difficulties, but consider this case: a... | |
| James Smith McMaster - 1906 - 832 pages
...York Stale, provides that : " When an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration, he may enforce payment according to its original tenor." Laws of XY, 1897, ch. 612, § 205. Plaintiff's judgment was affirmed.... | |
| South Carolina - Law - 1914 - 734 pages
...and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a holder in due course, not a party to the alteration,...enforce payment thereof according to its original tenor. § 125. Any alteration which changes: (1) The date; (2) The sum payable, either for principal or interest... | |
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