The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the... Southern Reporter - Page 3411921Full view - About this book
| James Parker Hall, James De Witt Andrews - Law - 1910 - 484 pages
...by the drawee from which his obligation to pay arises. § 65. Form of acceptance. Oral acceptance. "The acceptance of a bill is the signification by...the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee" (39). An oral acceptance is not binding... | |
| Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...regards himself some or all of the holder's duties. 17. Definition and requisites of acceptance. (1) The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. (2) An acceptance is invalid unless it complies with Che following conditions, namely : (a) It must... | |
| Law - 1926 - 1024 pages
...raised the question of the sufficiency of the acceptance under GL c. 107, § 155, which is as follows : "The acceptance of a bill is the signification by...the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will... | |
| William Mack, William Benjamin Hale - Law - 1916 - 1200 pages
...of the contract of acceptance may provide."1 The Negotiable Instruments Law expressly provides that the acceptance of a bill is the signification by the drawee of his assent to the order of the drawer.82 It is an agreement to pay the bill in money,"3 although it has been held that it may be for... | |
| Illinois State Bar Association - Bar associations - 1899 - 650 pages
...to resort to the referee in case of need or not as he may see fit. ARTICLE II. Acceptance. SEC. 132. The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawer. It must not express that thj drawee will... | |
| New York (State) - Law - 1917 - 224 pages
...Qualified acceptance. 230. Rights of parties as to qualified acceptance. § 220. Acceptance ; how made. The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will... | |
| 1925 - 1628 pages
...according to the tenor of his acceptance." And that portion of § 3522, Rem. Сотр. Stat., reading : "The acceptance of a bill is the signification by...drawee of his assent to the order of the drawer." And § 3579, Rem. Сотр. Stat., as follows : "A check of itself does not operate as an assignment... | |
| Queensland - Session laws - 1884 - 444 pages
...holder; (2.) Waiving as regards himself some or all of the holder's duties. Definition and 18. (1.) The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. (2.) An acceptance is invalid unless it complies with the follow, ing conditions ; namely : — (a.)... | |
| Law reports, digests, etc - 1896 - 830 pages
...defined (s. 72) to be a bill of exchange drawn on a bank, payable on demand, and by section 17, an acceptance of a bill is the signification by the drawee of his assent to the order of the drawer ; and from these provisions Mr. Aikins contends 1894. that these cheques are bills of exchange accepted... | |
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