The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the... Statutes at Large ... - Page 369by Great Britain - 1882Full view - About this book
| Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...assent to the order of the drawer. (2) An acceptance is invalid unless it complies with Che following conditions, namely : (a) It must be written on the...the drawee without additional words is sufficient. (b) It must not express that the drawee will perform his promise by any other means than the payment... | |
| Willis Seaver Paine - Banking law - 1910 - 874 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his...promise by any other means than the payment of money. Validity of oral promise to accept, see editorial note to Allen v. Leavena, 26 LRA 620. § 221. Holder... | |
| California - Civil law - 1923 - 588 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his...promise by any other means than the payment of money. 1917 — 1552. 3214. The holder of a bill presenting the same for acceptance may require that the acceptance... | |
| Alfred William Bays - Commercial law - 1923 - 1612 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his...promise by any other means than the payment of money.' "It is contended by the plaintiffs that, as they were informed, by the defendant's cashier,1 that the... | |
| John Arthur Slater - Business - 1924 - 640 pages
...the drawer. An acceptance is invalid unless it complies with the following conditions, namely— (0} It must be written on the bill and be signed by the drawee. The mere signature of the drawee without adliitional words is sufficient. V>) It must not express that the drawee will perform his promise by... | |
| Joseph A[sbury]. Joyce - 1924 - 1262 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money."52 And under such act, "The holder of a bill presenting the same for acceptance may require... | |
| Joseph Asbury Joyce, Howard Clifford Joyce - Actions and defenses - 1924 - 1260 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money."52 And under such act, "The holder of a bill presenting the same for acceptance may require... | |
| Law - 1925 - 1126 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money."10 In addition to the requirement of writing and signature by the drawee,11 the acceptance should... | |
| John Edson Brady - Banking law - 1926 - 588 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his...promise by any other means than the payment of money." "Sec. 133. Holder Entitled to Acceptance on Face of Bill. The holder of a bill presenting the same... | |
| Thomas Bugard Paton - Banking law - 1926 - 1408 pages
...his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his...promise by any other means than the payment of money." ''133. The holder of a bill presenting the same for acceptance may require that the acceptance be written... | |
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