Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided except as against a party who has himself made, authorized or assented to the alteration and subsequent indorsers. But when an instrument... General Laws of the State of Idaho ... - Page 400by Idaho - 1903Full view - About this book
| Emilius Oviatt Randall - Negotiable instruments - 1906 - 238 pages
...Bank v. Burger, 9 Dec. 824 (41 Bull. 2). (1889.) 3175o (5021) [Alteration of Instrument; Effect of.J Where a negotiable instrument is materially altered...enforce payment thereof according to its original tenor. The date borne by a promissory note is a material part thereof; and if the payee, without knowledge... | |
| American Bar Association - Bar associations - 1906 - 474 pages
...of release, it must be in writing. Colonial Nat. Bk. vs. Duerr, 95 NY Supp. 810 (November 10, 1905). When an instrument has been materially altered .and...enforce payment thereof according to its original tenor (ch. 612, § 205, p. 745, Laws 1897). A note made in Ohio and indorsed in New York is decided under... | |
| Law reports, digests, etc - 1906 - 1178 pages
...2841a, it is provided that where an instrument has been materially altered, and is in the hands of я holder in due course, not a party to the alteration,...enforce payment thereof according to Its original tenor. The contention of tbe defendant Is that such trustees are not holders in due course under the law merchant,... | |
| New Mexico - 1907 - 406 pages
...of a holder in due course without notice. A renunciation must be in writing, unless the insfrument is delivered up to the person primarily liable thereon....alteration, he may enforce payment thereof according to its tenor. Sec. 125. Any alteration which changes: I. The date; " II. The sum payable, either for principal... | |
| New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1907 - 1078 pages
...which reads : " Alteration of instrument ; effect of. — Where a negotiable instrument i»materially altered without the assent of all parties liable thereon,...payment thereof according to its original tenor." I do not think this section has changed the rule. It is not necessary to say that a party who leaves... | |
| Illinois - Law - 1907 - 644 pages
...negotiable instrument is fraudulently or materially altered by the holder without the assent of all the parties liable thereon, it is avoided except as against...enforce payment thereof according to its original tenor. § 124. Any alteration which changes: i. The date. 2. The sum payable, either for principal or interest.... | |
| West Virginia - Law - 1907 - 710 pages
...subsequent indorsers; but when an instrument has been materially altered and is in the hands of the holder in due course, not a party to the alteration,...Third, the time or place of payment; Fourth, the number or the relations of the parties; Fifth, the medium or currency in which payment is to be jnade; or... | |
| Rhode Island - 1907 - 1310 pages
...of release, it must be in writing. COLONIAL NAT. Вк. v. DUERR, 95 NY SUPP. 810, NOVEMBER 10, 1905. When an instrument has been materially altered and...enforce payment thereof according to its original tenor (ch. 612, § 205, p. 745, Laws 1897). A note made in Ohio and indorsed in New York is decided under... | |
| Joseph Asbury Joyce - 1907 - 1244 pages
...in many states by the adoption of the provision of the negotiable-instruments law to the effect that when an instrument has been materially altered and...enforce payment thereof according to its original tenor. 20 Under such a provision in New York 21 it has been decided that an innocent holder of a check which... | |
| Minnesota Bankers Association. Negotiable Instrument Law Committee - 1907 - 24 pages
...drawer by releasing or giving time to accommodation maker or acceptor. 20. Section 124 provides that "When an instrument has been materially altered and...payment thereof according to its original tenor." It was held in 76 Minn. 131, that a material alteration renders a note void even in the hands of an... | |
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