 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
 | Maryland - Law - 1904 - 1280 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,... | |
 | Kentucky - Session laws - 1904 - 378 pages
...Where it is expressed to be payable on demand, dem!u "' or at sight, or on presentation; or (2 s ! In which no time for payment is expressed. Where an...issuing, accepting, or indorsing it, payable on demand. § 8. The instrument is pavable to order where it when payable to • order. is drawn payable to the... | |
 | Charles Monfort Lindsay - Negotiable instruments - 1904 - 204 pages
...demand, or at sight (a), or on presentation; or 2. In which no time for payment is expressed ( 6 ) . Where an instrument is issued, accepted or indorsed...issuing, accepting, or indorsing it, payable on demand. Eaton and Gilbert, Com. Paper, 209. Norton, B. & N., 40, 41, 209, 341, 345. (a) The distinctions formerly... | |
 | David Armel Keister - Business - 1904 - 168 pages
...is payable on demand when it is expressed to be payable on demand, at sight or on presentation. If an instrument is issued, accepted or indorsed when...issuing, accepting or indorsing it, payable on demand. 39 . The holder of a negotiable instrument has the right to sue thereon in his own name. Payment to... | |
 | Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...stated in the instrument. Payable on demand, when.— An instrument is payable on demand:— 1. Where it is expressed to be payable on demand, or at sight,...presentation; or 2. In which no time for payment is expressed. 3. Where an instrument is issued, accepted, or indorsed, when overdue, it is, as regards the person... | |
 | Kentucky - Law - 1904 - 384 pages
...which no time for payment is expressed. \\7here an instrument is issued, accepted or indorsed wben overdue, it is, as regards the person so issuing, accepting, or indorsing it, payable on demand. § 8. The instrument is pavable to order where it when payable to order. is drawn payable to the order... | |
 | Transvaal (Colony) - Law - 1904 - 552 pages
...if the bill is undated from the issue thereof — 8. (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... | |
 | North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...defect. 1899, c. 733, s. 4. 2157. When payable On demand. An instrument is payable on demand (1) when it is expressed to be payable on demand, or at sight...issuing, accepting or indorsing it, payable on demand. 1899, c. 733, s. 7. 2158. What are payable to order. The instrument is payable to order when it is... | |
 | Michigan - Session laws - 1905 - 754 pages
...at »nd™a"d. sight, or on presentation; or When payable to order. When payable to bearer. Second, In which no time for payment is expressed. Where an...accepting, or indorsing it, payable on demand. SEC. 10. The instrument is payable to order where it is drawn payable to the order of a specified person... | |
 | David Armel Keister - Accounting - 1905 - 608 pages
...is payable on demand when it is expressed to be payable on demand, at sight or on presentation. If an instrument is issued, accepted or indorsed when...issuing, accepting or indorsing it, payable on demand. 39. What are the rights of a holder? A. The holder of a negotiable instrument has the right to sue... | |
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