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" Where a 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. "
The Pacific Reporter - Page 31
1925
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Report on the Negotiable Instrument Law to the Minnesota Bankers Association

Minnesota Bankers Association. Negotiable Instrument Law Committee - 1907 - 15 pages
...drawer by releasing or giving time to accommodation maker or acceptor. 20. Section 124 provides that "When an instrument has been materially altered and...payment thereof according to its original tenor." It was held in 76 Minn. 131, that a material alteration renders a note void even in the hands of an...
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Reports of Cases in the Supreme Court of Appeals of Virginia, Volume 105

Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1907
...1897-'98, pp. 896, 910), which act is found in Va. Code, 1904, as section 2841a, it is provided that where an instrument has been materially altered and is in...enforce payment thereof according to its original tenor. The contention of the defendant is that such trustees are not holders in 'due course under the law...
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The New York Supplement

Law reports, digests, etc - 1907
...materially altered without the consent of the parties liable thereon, it Is avoided except as against a party who has himself made, authorized or assented...materially altered and is in the hands of a holder in due course uot a party to the alteration, he may enforce payment thereof according to its original...
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Acts of the legislature of west virginia

1907
...materially altered without the assent of all parties liable thereon, it is avoided except as against the party who has himself made, authorized or assented...has been materially altered and is in the hands of the holder in due course, not a party to the alteration, he may enforce payment thereof according to...
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Richardson's Commercial Law: A Text-book for Schools, Colleges and Private ...

William Payson Richardson - Commercial law - 1907 - 195 pages
...alteration and subsequent endorsers. 425But when the paper is in the hands of a bo na fide holder, not a party to the alteration, he may enforce payment thereof according to its original tenor. This changes the law. Prior to the statute the rule was that in case of a material alteration there...
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Acts of the General Assembly of the State of Alabama

Alabama - Law - 1907
...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 where an instrument has been materially altered and is in the hands of a holder in due course, not...
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Eastern Law Reporter, Canada, Volume 2

Charles Morse, Walter Edwin Lear, Edward Betley Brown - Law - 1907
...altered without the assent of all parties liable on the bill, the bill is voided, except as against a party who has himself made, authorized or assented to the alteration, and subsequent indorsers." The appellant was not a consenting party to the alteration at the time it was made. But did he acquiesce...
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The Ontario Weekly Reporter and Index-digest, Volume 10

Ontario - Law reports, digests, etc - 1907
...altered without the assent of all parties liable on the bill, the bill is voided, except as against a party who has himself made, authorized, or assented to the alteration, and subsequent indorsers." Xot to press the point that there is no. evidence that this alteration was not proved to have been...
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Commercial Law

Alfred Nixon - Commercial law - 1907 - 310 pages
...altered without the assent of all parties liable on the bill, the bill is discharged except as against a party who has himself made, authorized, or assented to the alteration, and subsequent indorsers. Provided that, where a bill has been materially altered, but the alteration is not apparent, and the...
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Law of Defenses in Actions on Commercial Paper: Including the ..., Volume 1

Joseph A[sbury]. Joyce - 1907 - 1091 pages
...materially altered without the assent of all the parties liable thereon, it is avoided, except as against a party who has himself made, authorized or assented to the alteration and subsequent indorsers;" and the maker of a note to which there are several payees alters it by substituting, without authority,...
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