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 311925Full view - About this book
| John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...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 (a). But when an instrument has been materially altered and is in the hands of a holder in due course,... | |
| Eric Russell Watson - Banking law - 1902 - 182 pages
...altered without the assent of all parties liable on the cheque, the cheque is avoided, except as against a party who has himself made, authorized, or assented to the alteration, and subsequent indorsers. Provided that where a cheque has been materially altered, but the alteration is not apparent, and the... | |
| Idaho - Electronic journals - 1903 - 494 pages
...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...enforce payment thereof according to its original tenor. SEC. 125. Any alteration which changes: First. The date. Second. The sum payable, either for principal... | |
| John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...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...enforce payment thereof according to its original tenor. § 206. What constitutes a material alteration. — Any alteration which changes: 1. The date; 2. The... | |
| International Correspondence Schools - Banks and banking - 1903 - 646 pages
...instrument is materially altered without the assent of all parties liable, it is avoided, except as against a party who has himself made, authorized, or assented,...to the alteration, and subsequent indorsers; but, where a material alteration is not apparent, and the instrument is in the hands of a holder in due... | |
| Québec (Province). - Bills of exchange - 1903 - 964 pages
...altered without the assent of all parties liable on the bill, the bill !s voided, except as against a party who has himself made, authorized, or assented to the alteration, and subsequent iudorsers : Provided, that where a bill has been materially altered, but the alteration is not apparent,... | |
| Kentucky - Law - 1904 - 384 pages
...material altered -without the assent of all parties liable thereon, it is avoided, except as against a party who has himself made, authorized or assented...enforce payment thereof according to its original tenor. § 125. Any alteration which changes: Material aitw». (1) The date. (2) The sum payable, either for... | |
| Kentucky - Session laws - 1904 - 378 pages
...material altered without the assent of all parties liable thereon, it is a'voided, except as against a party who has himself made, authorized or assented...enforce payment thereof according to its original tenor. § 125. Any alteration which changes: Material aite«(1) The date. (2) The sum payable, either for... | |
| Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...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...enforce payment thereof according to its original tenor. Eaton and Gilbert, Com. Paper, 556. Norton, B. & N., 246, 248, 295. (a) As to authority to fill blanks,... | |
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