 ... 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 - 1914 - 1270 pages
...is provided as follows: "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." According to the claim of defendant by its original tenor, the note bore date in April. Interest began... | |
 | Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - Negotiable instruments - 1914 - 800 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.88 Sec. 125.88 Any alteration which changes: 1. The date;81 2. The sum payable, either for principal... | |
 | Commercial law - 1928 - 516 pages
...course not a party to the alteration, he may enforce payment thereof according to its original tenor.' " 'Any alteration which changes : "'First. The date;...of the parties; " 'Fifth. The medium or currency in wthich payment is to be made ; " 'Or which adds a place of payment where no place is specified, or... | |
 | Alfred William Bays - Commercial law - 1923 - 1612 pages
...and subsequent indorsers. But when an instrument has been materially altered and is in the hands of a mply that he is not satisfied. DANFOBTH, J. : "* *...and was completed ; * * * If there was full perfo 1. The date. 2. The sum payable, either for principal or interest. 3. The time or place of payment.... | |
 | James Dysart Magee - Banks and banking - 1923 - 794 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. § 206. What constitutes a material alteration. — Any alteration which changes: 1. The date; 2. The... | |
 | California - Civil law - 1923 - 588 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. 1917 —1550. 3206. Any alteration which changes — (1) The date; (2) The sum payable, either for... | |
 | William Henry Kniffin - Banks and banking - 1923 - 416 pages
...Instruments Law 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,...payment thereof according to its original tenor." Where, however, the alteration is apparent on the face of the check, the indorsee is not a holder in... | |
 | Commercial law - 1925 - 516 pages
...indorsers. But when an instrument has been materially altered and is in the hands of a holder indue course, not a party to the alteration, he may enforce...payment thereof according to its original tenor." This section changes the law. Prior to its enactment the rule in. many jurisdictions was that where... | |
 | Joseph Asbury Joyce, Howard Clifford Joyce - Actions and defenses - 1924 - 1184 pages
...Instruments Law to the effect 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,...enforce payment thereof according to its original tenor. Under such a provision in New York41 it has been decided that an innocent holder of a check which has... | |
 | Law reports, digests, etc - 1924 - 1216 pages
...subsequent indorsers. But where an instrument has been materially altered and is in the hands of a bolder in due course, not a party to the alteration, he may...enforce payment thereof, according to its original term [tenor]." Thompson's Shannon's Code, § 3516al23. Under the law, therefore, as it is now written,... | |
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