The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable Instruments Act with Questions, Problems and FormsCallaghan, 1911 - 208 páginas |
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Página 26
... becomes of age is non - negotiable , but it may well be the expression of a good contract be- tween the parties . B. Negotiability of Various Instruments Considered . ( a ) The instruments which are negotiable by and subject to the ...
... becomes of age is non - negotiable , but it may well be the expression of a good contract be- tween the parties . B. Negotiability of Various Instruments Considered . ( a ) The instruments which are negotiable by and subject to the ...
Página 29
... becoming liable on all parts by the fact that each refers to the others , and their outstanding existence is thereby ... become thereby liable to pay the bill to purchasers of the various parts . So in paying the bill he should take up ...
... becoming liable on all parts by the fact that each refers to the others , and their outstanding existence is thereby ... become thereby liable to pay the bill to purchasers of the various parts . So in paying the bill he should take up ...
Página 42
... become well known , and it is highly advisable that recognized forms be used , if the inten- tion is to create a negotiable instrument . For it is highly important that the negotiability of a docu- ment be easily determinable . Such ...
... become well known , and it is highly advisable that recognized forms be used , if the inten- tion is to create a negotiable instrument . For it is highly important that the negotiability of a docu- ment be easily determinable . Such ...
Página 45
... becomes the transferee of negotiable paper knowing that there is no consideration to sup- port the paper , or that it has failed or that the con- tract has been broken , is subject to these defenses . One of the main purposes , however ...
... becomes the transferee of negotiable paper knowing that there is no consideration to sup- port the paper , or that it has failed or that the con- tract has been broken , is subject to these defenses . One of the main purposes , however ...
Página 46
... becomes conditional . The mere recital , then , of the consideration does not affect the negotiability of the instrument . But a provision that in any way makes the instrument subject to the performance of the consideration destroys ...
... becomes conditional . The mere recital , then , of the consideration does not affect the negotiability of the instrument . But a provision that in any way makes the instrument subject to the performance of the consideration destroys ...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ... Alfred William Bays Sin vista previa disponible - 2015 |
Términos y frases comunes
acceptance for honor acceptor agent amount assignment bank bill of exchange bill of lading blank indorsement certificate of deposit certification CHAPTER Chicago commercial paper confession of judgment consideration contract corporation deemed defense delivery discharged dishonored by non-acceptance dorsers drawer and indorsers due course fixed or determinable foreign bill fraud funds given holder in due Illinois instrument is payable law merchant liable thereon maturity ment negotiable character Negotiable Instruments Act Negotiable Instruments Law negotiable paper notary Notary Public notice of dishonor otherwise overdue paid party liable party primarily liable party secondarily liable payable on demand payable to bearer payable to order payee person place of payment presentment for acceptance Presentment for payment prior party promise or order promise to pay promissory note reasonable diligence signature signed special indorsement strument sum certain terest thereof thereto transfer Uniform Negotiable Instruments unless usury waived words of negotiability
Pasajes populares
Página 162 - 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.
Página 144 - When a signature is forged or made without the authority of the person whose signature it purports to be, it is wholly inoperative, and no right to retain the instrument, or to give a discharge therefor, or to enforce payment thereof against any party thereto, can be acquired through or under such signature, unless the party, against whom it is sought to enforce such right, is precluded from setting up the forgery or want of authority.
Página 149 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
Página 165 - An acceptance is qualified, which is: 1. Conditional, that is to say, which makes payment by the acceptor dependent on the fulfillment of a condition therein stated; 2. Partial, that is to say, an acceptance to pay part only of the amount for which the bill is drawn ; 3.
Página 141 - In order, however, that any such instrument when completed may be enforced against any person who became a party thereto prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time. But if any such instrument, after completion, is negotiated to a holder in due course it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authoritjgiven and within a reasonable...
Página 139 - But nothing in this section shall alter or repeal any statute requiring in certain cases the nature of the consideration to be stated in the instrument.
Página 168 - Where the drawee has been adjudged a bankrupt or an insolvent or has made an assignment for the benefit of creditors, presentment may be made to him or to his trustee or assignee.
Página 150 - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title Of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
Página 141 - When it is payable to the order of a fictitious or nonexisting person, and such fact was known to the person making it so payable; or 4. When the name of the payee does not purport to be the name of any person; or 5. When the only or last indorsement is an indorsement in blank.
Página 161 - By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time of payment, or to postpone the holder's right to enforce the instrument unless made with the assent of the party secondarily liable, or unless the right of recourse against such party is expressly reserved.