 | Wisconsin - Bills, Private - 1899 - 856 pages
...accepted or certified the drawer and all indorsers are discharged from liability thereon. SECTION 1684-5. A check of itself does not operate as an assignment...any part of the funds to the credit of the drawer .wi Ih the lunik, and the bank is not liable to the holder, unless and until it accepts or certifies... | |
 | New York (State) - Law - 1900 - 862 pages
...all indorsers are discharged from liability thereon. § 325. When check operates as an assignment — A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. ARTICLE XVIII. NOTES GIVEN FOR A PATENT RIGHTS AND FOR A SPECULATIVE CONSIDERATION. SECTION 330. Negotiable... | |
 | Melville Madison Bigelow - Checks - 1900 - 396 pages
...or certified, the drawer and all indorsers are discharged from liability thereon. § 196. A cheque of itself does not operate as an assignment of any...holder unless and until it accepts or certifies the cheque. •• [In the Xew York Statute, an article follows concerning Notes given for Patent Rights... | |
 | Edward Avery Harriman - Contracts - 1901 - 456 pages
...as tending to embarrass the administration of publice affairs.3 § 385. Checks as Assignments. — "A check of itself does not operate as an assignment...unless and until it accepts or certifies the check." 1 This is the rule of the law merchant, enacted in the Uniform Act concerning Negotiable Instruments.... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 pages
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. Section 189. A check, of itself, does not operate as an assignment of any part of the funds to the credit of mentthe drawer with the bank, and the bank is not liable to the holder unless and until it accepts... | |
 | United States - Law - 1901 - 934 pages
...liability thereon. SEC. 1493. CHECK NOT AN ASSIGNMENT OF FUNDS. — A check of . Check not an asitself does not operate as an assignment of any part of the funds to HÍenmeut of funds. the credit of the drawer with the bank, and the bank is not liable to the holder... | |
 | Leslie Jay Tompkins - Checks - 1901 - 220 pages
...unless the bank has previously certified or accepted the check for payment. A check (unless certified) does not operate as an assignment of any part of the funds of the drawer, and the bank is not liable to the holder. (Sec. 325.) Forged Checks. The contract between... | |
 | Ohio - Session laws - 1902 - 1050 pages
...indorsers are discharged from liability thereon. Sec. 3177". [Where check operates as an assignment.] A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SUBDIVISION 4. General Provisions. Sec. 31/8. [Definitions and meaning of terms.] In this chapter,... | |
 | John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...Lafayette Bank, 51 Ohio St. 100; Bank v. Carter, supra. §325. When check operates as an assignment.— A check of itself does not operate as an assignment...unless and until it accepts or certifies the check (a). (a) As to this there is considerable conflict in the authorities. The rule adopted in the act... | |
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A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check. 
