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" On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect. "
The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ... - Page 7
by Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 88 pages
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Commercial Law

Alfred Nixon - Commercial law - 1907 - 336 pages
...expressed to be so payable, ie at a fixed time after date or sight, or at a fixed period after date or the occurrence of a specified event, which is certain to happen, though the time of happening is uncertain ; but time cannot be calculated in respect of events which may or may not happen, eg the...
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The Canadian Law of Banks and Banking: The Clearing House, Currency and ...

John Delatre Falconbridge - Banking law - 1907 - 736 pages
...expressed to be payable,— ttme*" 11'1 * (a) at sight or at a fixed period after date or sight; Sight. (6) on or at a fixed period after the occurrence of a specified specified event which is certain to happen, though the time of hap- event pening is uncertain. 53 V.,...
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Report of the ... Annual Meeting of the American Bar Association, Volume 10

American Bar Association - Bar associations - 1887 - 464 pages
...meaning of this act which is expressed to be payable — (1) At a fixed period after date or sight. (2) On or at a fixed period after the occurrence of a...the happening of the event does not cure the defect. A privilege of paying the bill before maturity shall not invalidate it. SEC. 12. That where a bill...
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United States Statutes at Large, Volume 76, Part 1

United States - Law - 1962 - 810 pages
...after date or sight ; or (2) on or before a fixed or determinate future time specified therein ; or (3) on or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...
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Corpus Juris: Being a Complete and Systematic Statement of the ..., Volume 8

William Mack, William Benjamin Hale - Law - 1916 - 1200 pages
...after date or sight; (2) on or before a fixed or determinable future time specified therein; or (3) on or at a fixed period after the occurrence of a specified event vhieh is certain to happen, although the time of happening is uncertain. It further provides that an...
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Trade Information Bulletin, Issues 451-475

1927 - 1042 pages
...contained in the bills of exchange aft of lS*i paragraph 11, subheading 2, which reads as follows: "An instrument expressed to be payable on a contingency...happening of the event does not cure the defect." Refusal to pay a sight bill, or a time bill, or an accepted bill. pending arrival and inspection of...
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Annual Report of the Illinois State Bar Association

Illinois State Bar Association - Bar associations - 1899 - 650 pages
...after date or sight; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...
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McKinney's Consolidated Laws of New York Annotated: With ..., Book 37

New York (State) - Law - 1917 - 224 pages
...and Interpretation f 24 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...
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Reports of Commercial Cases: V. I-XLVI, 1895/96-1940/41, Volume 5

Great Britain. Commercial Court - Commercial law - 1900 - 500 pages
...orders any act to be done in addition to the payment of money, is not a bill of exchange. s. 11 (2). An instrument expressed to be payable on a contingency...the happening of the event does not cure the defect. 1S09 _ of money in payment of a debt subject to the proviso of a stamped receipt being given, it has...
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American law reports annotated, Volume 11

1921 - 1542 pages
...after date or sight ; or (2) on or before a fixed or determinable future time specified therein; cr (3) on or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...
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