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 13
... acceptance must or may be made . Acceptance presumed from retention . Acceptance of incomplete bill . Sec . 43 . Sec . 44 . Acceptance after non - acceptance or after maturity . Kinds of acceptance . ( 1 ) What constitutes general ...
... acceptance must or may be made . Acceptance presumed from retention . Acceptance of incomplete bill . Sec . 43 . Sec . 44 . Acceptance after non - acceptance or after maturity . Kinds of acceptance . ( 1 ) What constitutes general ...
Página 75
... accepted , or non - accepted to the holder , he will be deemed to have accepted the same . " 30 A case 31 stating the law in this regard and con- struing the above provision of the Negotiable In- struments Act , reads in part as follows ...
... accepted , or non - accepted to the holder , he will be deemed to have accepted the same . " 30 A case 31 stating the law in this regard and con- struing the above provision of the Negotiable In- struments Act , reads in part as follows ...
Página 76
... acceptance ; the other where the conduct of the drawee , is substantially tortious , and amounts to a conversion of ... NON - ACCEPTANCE OR AFTER MATURITY . A drawee may accept a bill after maturity , or after dishonor by non ...
... acceptance ; the other where the conduct of the drawee , is substantially tortious , and amounts to a conversion of ... NON - ACCEPTANCE OR AFTER MATURITY . A drawee may accept a bill after maturity , or after dishonor by non ...
Página 81
... acceptance is made . The bill so accepted must be presented to the drawee when due for payment and protested for non- payment before the acceptor for honor can be made to pay it . This is true although there may be small hope that the ...
... acceptance is made . The bill so accepted must be presented to the drawee when due for payment and protested for non- payment before the acceptor for honor can be made to pay it . This is true although there may be small hope that the ...
Página 82
... non - payment has been made . A bill might be protested for non - payment where it had been accepted or where it had not been accepted , for we shall find that it is not always necessary to present a bill for acceptance , but sometimes ...
... non - payment has been made . A bill might be protested for non - payment where it had been accepted or where it had not been accepted , for we shall find that it is not always necessary to present a bill for acceptance , but sometimes ...
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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.