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 43
... bind the firm , as stated . A signature should never be typewritten or printed . B. " Must Contain an Unconditional Promise or Order to Pay a Sum Certain in Money . " Sec . 17. UNCONDITIONAL PROMISE OR ORDER . A negotiable Instrument ...
... bind the firm , as stated . A signature should never be typewritten or printed . B. " Must Contain an Unconditional Promise or Order to Pay a Sum Certain in Money . " Sec . 17. UNCONDITIONAL PROMISE OR ORDER . A negotiable Instrument ...
Página 51
... bind , you to do . " The court said in part : " The true test would seem to be whether the drawee is confined to the particular fund , or whether though a specified fund is mentioned , he would have the power to charge the bill up to ...
... bind , you to do . " The court said in part : " The true test would seem to be whether the drawee is confined to the particular fund , or whether though a specified fund is mentioned , he would have the power to charge the bill up to ...
Página 69
... bind his principal only by executing In the principal's name . By sign- ing his own name and describing himself as agent , he binds himself ; except when acting in capacity of pub- Ile official . The authority , real and apparent , of ...
... bind his principal only by executing In the principal's name . By sign- ing his own name and describing himself as agent , he binds himself ; except when acting in capacity of pub- Ile official . The authority , real and apparent , of ...
Página 70
... binds Wm . Smith , personally , though he had author- ity to sign for the principal and intended to bind him or it . Illustration : " John Jones promises to pay , etc. John Jones , By William Smith , Agent . " or " I promise to pay ...
... binds Wm . Smith , personally , though he had author- ity to sign for the principal and intended to bind him or it . Illustration : " John Jones promises to pay , etc. John Jones , By William Smith , Agent . " or " I promise to pay ...
Página 74
... binding only in favor of one who received the bill for value . So an absolute promise to accept a bill thereafter to ... bind B in favor of C or any one else who for value receives the bill on the faith of the acceptance . So also of B's ...
... binding only in favor of one who received the bill for value . So an absolute promise to accept a bill thereafter to ... bind B in favor of C or any one else who for value receives the bill on the faith of the acceptance . So also of B's ...
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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.