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
| Illinois - Law - 1907 - 644 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 receives notice of a qualified acceptance, he must within a reasonable time express his dissent... | |
| Alabama - Law - 1907 - 1034 pages
...quahuiKtualified acceptance, he, may treat the bill asfi«i dishonored by nou-accptance. Where a qualified ance, acceptance is taken, the drawer and indorsers are...subsequently assent thereto. When the drawer or an indorser receives notices of a qualified acceptance, be must within a reasonable time express his dissent... | |
| West Virginia - Law - 1907 - 710 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...liability on the bill, unless they have expressly or implieclly authorized the holder to take a qualified acceptance, or subsequently assent thereto; when... | |
| New York (State). Board of Statutory Consolidation - Law - 1907 - 1252 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 are discharged from liability on the bill, imless they have expressly or impliedly authorized the holder to take a qualified acceptance, or subsequently... | |
| New Mexico - 1907 - 406 pages
...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 hability on the bill, unless they have expressly or impliedly authorized the holder to take a qualified... | |
| John Jay Crawford - Negotiable instruments - 1908 - 366 pages
...obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance (a). 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... | |
| John Jay Crawford - Negotiable instruments - 1908 - 276 pages
...obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance (a). 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... | |
| Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 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...take a qualified acceptance, or subsequently assent thereto.1 When the drawer or an indorser receives notice of a qualified acceptance, he must, within... | |
| Albert Hutchinson Putney - Law - 1908 - 396 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...authorized the holder to take a qualified acceptance, or -ubsequently assent thereto. When the drawer or indorser receives notice of a qualified acceptance,... | |
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