 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
 | Willis Seaver Paine - Banking law - 1910 - 874 pages
...on that question. § 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 is drawn payable to the... | |
 | James Parker Hall, James De Witt Andrews - Law - 1910 - 484 pages
...fixed as in (b). § 22. Instruments 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 time of payment is expressed" (38). Thus, a bill or note is sufficient which specifies no day of payment,... | |
 | James Parker Hall, James De Witt Andrews - Law - 1910 - 484 pages
...fixed as in (b). § 22. Instruments 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 time of payment is expressed" (38). Thus, a bill or note is sufficient which specifies no day of payment,... | |
 | Australia - Session laws - 1910 - 480 pages
...issue thereof. BUI payable 15.— (1.) A bill is payable on demand — *n demind. ib. >. 10. (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... | |
 | Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...undated from 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 (6) In which no time for payment is expressed. (2) Where a bill is accepted or indorsed when it is... | |
 | Delaware - Law - 1911 - 862 pages
...stated in the instrument. Section 7. An instrument is payable on demand : 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. LAWS OF DELAWARE. OF NEGOTIABLE INSTRUMENTS. Where an instrument is issued, accepted, or indorsed when... | |
 | William Arthur Chase - Accounting - 1911 - 542 pages
...fixed as in (b). §19. Instruments 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 time of payment is expressed. ' ' 10 Thus, a bill or note is sufficient which specifies no day of payment,... | |
 | Law reports, digests, etc - 1911 - 1172 pages
..."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...issued, accepted or Indorsed -when overdue, It Is, us regards the person so issuing, accepting or indorsing it, payable on demand." Said note therefore... | |
 | Alfred William Bays - Negotiable instruments - 1911 - 216 pages
...is a common practice to make negotiable paper payable on demand. It is payable on demand: "1. Where it is expressed to be payable on demand or at sight, or on presentation ; "2. In which no time for payment is expressed. Where an instrument is issued, accepted, or indorsed... | |
 | United States - 1911 - 536 pages
...corresponding provision. No corresponding provision. SEC. 10. 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. 1 Convention : Article B. — In modification of article... | |
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