 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
 | United States - Law - 1901 - 934 pages
...PAYABLE ox DEMAND. — An instrument is When 'payable payable on demand — on demand. First. Where it is expressed to be payable on demand, or at sight, or on presentation ; or, Where an instrument is issued, accepted, or indorsed when overdue, it is, as regards the person so... | |
 | H. V. Edwards - Law - 1901 - 330 pages
...two, the sum denoted by the words is the amount payable. WHEN A BILL IS PAYABLE ON DEMAND. 1. When it is expressed to be payable on demand, or at sight, or on presentation. 2. Where no time for payment is expressed therein. 3. If a bill is accepted or indorsed when it is... | |
 | Ohio - Session laws - 1902 - 1050 pages
...Sec. 3i/i/. [When payable on demand.] An instru- when payable mem is payable on demand : ' ! 1. Where it is expressed to be payable on demand, or at sight,...' Sec. 3171^. [When payable to order.] The instru- wiun payable ment is payable to order where it is drawn payable to the to ('rder' order of a specified... | |
 | John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...on demand, or at sight (a), or on presentation; or 2. In which no time for payment is expressed (&). Where an instrument is issued, accepted or indorsed...issuing, accepting or indorsing it, payable on demand (c). Instruments, §§ 617-619, and authorities there cited. This was also the effect of former statutes... | |
 | District of Columbia - Law - 1902 - 400 pages
...instrument. Sec. 1311. INSTRUMENT PAYABLE ON DEMAND. — An instrument is pa3rable on demand — First. Where it is expressed to be payable on demand, or at sight, or on presentation; or, Second. In which no time for paj'ment is expressed. Where an instrument is issued, accepted, or indorsed... | |
 | Scotland - Law - 1900 - 594 pages
...the issue thereof. 10. BILL PAYABLE ON DEMAND. — (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 was expressed. (2.) Where a bill is accepted or indorsed when it... | |
 | John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...in the instrument. S 26. 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. S 27- When payable to order — The instrument is payable to order where it is drawn payable to the... | |
 | International Correspondence Schools - Banks and banking - 1903 - 646 pages
...payable on demand, or at a fixed or determinable future time. An instrument is payable on demand where it is expressed to be payable on demand, or at sight, or on presentation; or where no time for payment is expressed." An instrument is payable at a determinable future time when... | |
 | Idaho - Electronic journals - 1903 - 494 pages
...consideration to be stated in the instrument. SEC. 7. An instrument is payable on demand : First. Where it is expressed to be payable on demand, or at sight, or on presentation; or Second. In which no time for payment is expressed. Where an instrument is issued, accepted or indorsed... | |
 | James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...from the issue thereof. i0. Bill payable on demand.— d) A bill is payable on demand — (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. n. Bill payable at a future time.— A bill is payable... | |
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