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
| West Virginia - Law - 1907 - 710 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... | |
| Albert Hutchinson Putney - Law - 1908 - 396 pages
...which payment is to be made.) [PAYABLE ON DEMAND.] § 7. An instrument is payable on demand : 1 . Where it is expressed to be payable on demand, or at sight,...an instrument is issued, accepted or indorsed when over due, it is, as regards the person so issuing, accepting or indorsing it, payable on demand. VoUHL—... | |
| Albert H. Putney - Law - 1908 - 394 pages
...which payment is to be made.) [PAYABLE ON DEMAND.] § 7. An instrument is payable on demand : 1 . Where it is expressed to be payable on demand, or at sight,...an instrument is issued, accepted or indorsed when over due, it is, as regards the person so issuing, accepting or indorsing it, payable on demand. VoL... | |
| Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 276 pages
...consideration to be stated in the instrument. 1 Sec. 7. An instrument is payable on demand — 1. Where it is expressed to be payable on demand, or at sight,...payment is expressed. Where an instrument is issued, 2 accepted, or indorsed when overdue, it is, as regards the person so issuing, 2 accepting, or indorsing... | |
| Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 pages
...consideration to be stated in the instrument.1 Sec. 7. An instrument is payable on demand — . 1. Where it is expressed to be payable on demand, or at sight,...time for payment is expressed. Where an instrument is issued,2 accepted, or indorsed when overdue, it is, as regards the person so issuing,2 accepting, or... | |
| John Jay Crawford - Negotiable instruments - 1908 - 276 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). (a) By the law merchant there are some distinctions between instruments payable on demand and... | |
| John Jay Crawford - Negotiable instruments - 1908 - 366 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). (a) By the law merchant there are some distinctions between instruments payable on demand and... | |
| Nigeria. Compilations - 1908 - 880 pages
...from the issue thereof. Bill payable on demand. 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... | |
| New York (State) - Law - 1909 - 926 pages
...Interpretation. Art. 3 § 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. Formerly L. 1897, ch. 612, § 26. § 27. When payable to order. The instrument is payable to order... | |
| John James MacLaren - Bills of exchange - 1909 - 658 pages
...payment is to be made. 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. 27. 'When payable to order. — The instrument is payable to order where it ie drawn payable to the... | |
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