An instrument is payable on demand: 1. Where it is expressed to be payable on demand, or at sight, or on presentation; or 2. In which no time for payment is expressed. Where an instrument is issued, accepted, or indorsed when overdue, it is, as regards... Acts of the State of Ohio - Page 171by Ohio - 1902Full view - About this book
| Virginia - Law - 1899 - 724 pages
...in the instrument. $ 7. WHEN PAYABLE ON DEMAND. — An instrument is payable on demand — 1. Where it is expressed to be payable on demand or at sight...; or 2. In which no time for payment is expressed. §8. WHEN PAYABLE TO ORDER. — The instrument is payable to order where it is drawn payable to the... | |
| Law reports, digests, etc - 1920 - 1116 pages
...Section 26 reads as follows: "When payable on demand. — An Instrument is payable on demand: 1. Where it is expressed to be payable on demand, or at sight,...issuing, accepting or indorsing it, payable on demand." The sole question involved, therefore, is whether a note reading, -after date I promise to pay," etc.,... | |
| Maryland - Law - 1898 - 700 pages
...the consideration to be stated in the instrument. 26. An instrument is payable on demand : 1. Where it is expressed to be payable on demand, or at sight,...issuing, accepting, or indorsing it, payable on demand. 27. The instrument is payable to order where it is drawn payable to the order of a specified person,... | |
| Law reports, digests, etc - 1918 - 1258 pages
...a fixed or determinnble future time." "Sec. 26. * * * An instrument is payable on demand: (1) When it Is expressed to be payable on demand, or at sight,...or (2) in which no time for payment is expressed. • * * " "Sec. 23. * * * An instrument is payable at a detenninable future time, within the meaning... | |
| Great Britain - Bills of exchange - 1892 - 98 pages
...the issue thereof. [v.,Q.,\VAH] 10. (1.) A bill is payable on demand— demand yable on (a.) Which is expressed to be payable on demand, or at sight, or on presentation; or (6.) In which no time for payment is expressed. (2.) Where a bill is accepted or indorsed when it is... | |
| Joshua Williams, Thomas Cyprian Williams - Conveyancing - 1894 - 720 pages
...are payable on demand. By the Bills of Exchange Act, 1882, a bill or note is payable on demand, which is expressed to be payable on demand, or at sight, or on presentation, or in which no time for payment is expressed (z). Securities for Securities for money won at play or any... | |
| New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1920 - 1130 pages
...payable on demand as follows: " When payable on demand. An instrument is payable on demand: "1. Where it is expressed to be payable on demand, or at sight, or on presentation; or, " 2. In which no tune for payment is expressed." The note in suit clearly satisfies all of said statutory requirements... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 530 pages
...See "bill of exchange" defined by sect. 3, ante, p. 8. By sect. 10 a bill is payable on demand wbich is expressed to be payable on demand, or at sight, or on presentation, or in which no time for payment is expressed. See '' banker" defined by sect. 2, ante, p. 3. The Act is... | |
| Joseph Chitty - Contracts - 1896 - 906 pages
...the bill is undated from the issue thereof. S. 10. — (1) A bill is payable on demand — (a) Which is expressed to be payable on demand, or at sight, or on presentation ; or (b) In which no time for payment is expressed. (2) Where a bill is accepted or indorsed when it is... | |
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