 The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability...  Annual Report of the Illinois State Bar Association - Page 117by Illinois State Bar Association - 1899Full view - About this book
 | New York (State) - Law - 1897 - 996 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored br non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...liability on the bill, unless they have expressly or inipliedly authorized the holder to take a qualified acceptance, or subsequently assent thereto. When... | |
 | James Cockcroft, David Shephard Garland, Lucius Polk McGehee, Charles Porterfield - Law - 1897 - 1218 pages
...dishonored by nonacceptance, and where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorser is discharged from his liability on the... | |
 | Massachusetts - 1898 - 48 pages
...place ; 4. Qualified as to time ; 5. The acceptance of some one or more of the drawees, but not of all. bill, unless they have expressly or impliedly authorized...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance he must within a reasonable time express his dissent... | |
 | Gold Coast, Sir William Brandford Griffith - Law - 1898 - 714 pages
...by non-acceptance. (2) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorser is discharged from his liability on the... | |
 | Utah - 1899 - 206 pages
...he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. When a qualified acceptance is taken, the drawer and...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent... | |
 | Washington (State) - Law - 1899 - 476 pages
...does not obtain an unqualified acceptance, he may treat the bill as dishonored by nonacceptance. Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must, within a reasonable time, express his... | |
 | Wisconsin - 1899 - 88 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...or subsequently assent thereto. When the drawer or indorser receive notice of a qualified acceptance, he must within a reasonable time express his dissent... | |
 | Wisconsin - Bills, Private - 1899 - 856 pages
...not obtain an unqualified acceptance, he may treat the lull as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...or subsequently assent thereto. When the drawer or indorser receive notice of a qualified accept aiice, he must within a reasonable time exprc^ his dissent... | |
 | Joseph Fitz Randolph - Commercial law - 1899 - 1068 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...holder to take a qualified acceptance, or subsequently assented thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must... | |
 | New York (State) - Law - 1900 - 862 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent... | |
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