 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
 | Minnesota Bankers Association. Negotiable Instrument Law Committee - 1907 - 24 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... | |
 | Virginia. Supreme Court of Appeals, Benjamin Watkins Leigh, Conway Robinson, Peachy Ridgway Grattan, James Muscoe Matthews, George W. Hansbrough, Martin Parks Burks - Law reports, digests, etc - 1907 - 1020 pages
...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... | |
 | Law reports, digests, etc - 1907 - 1262 pages
...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... | |
 | West Virginia - Law - 1907 - 710 pages
...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... | |
 | William Payson Richardson - Commercial law - 1907 - 204 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... | |
 | Alabama - Law - 1907 - 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 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... | |
 | Law - 1907 - 606 pages
...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... | |
 | Ontario - Law reports, digests, etc - 1907 - 1204 pages
...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... | |
 | Alfred Nixon - Commercial law - 1907 - 336 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... | |
 | Joseph Asbury Joyce - 1907 - 1244 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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