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$129. Admissions of maker, drawer, and acceptor as to payee..123
$130. Same: Illustrations
..124
§131. Admissions of acceptor.
...125
§132. Acceptor's admission of drawer's existence, capacity and
$140. Warranty of no knowledge of facts rendering instrument
valueless
.128
..129
.129
..131
.131
§143. When demand instruments must be presented..
§144. What is a reasonable time for presentment...
.134
.135
$145. When delay in making presentment is excused.
..136
$146. Place of presentment: When place specified..
$147. Same: When no place specified....
..137
§148. Hour of presentment.....
.138
$149. Hours of presentment at bank.....
.140
§150. Presentment must be by holder or his agent..
§151. To whom presentment must be made......
.141
§152. Presentment is demand of payment accompanied by exhibi-
tion of instrument.....
.142
SECTION 2.
Presentment for Acceptance.
$153. When presentment for acceptance necessary.
§154. Dishonor by non-acceptance....
.143
$162. Time within which notice must be given...
.148
$163. Successive notices....
..150
§167. When notice dispensed with or delay excused...
$173. Time within which checks must be presented: To hold
....157
.157
..158
.159
CHAPTER IX.
Discharge of Instrument.
§175. Payment
....160
§176. Payment must be to the holder....
$177. Payment must be at or after maturity.
..160
..161
$178. Payment by drawer or indorser..
$179. Same: Illustrations.....
§180. Cancellation and alteration.
$181. Discharge of indorsers...
...161
..162
.163
.164
7.
When is a debt within the statute of frauds.............
...170
§ 8.
Necessity of principal debtor and promise to creditor.....171
§ 21. Absence of liability of principal to creditor...
...181
22. Payment of debt discharges surety...
...182
§ 23. Fraud and duress by creditor in securing contract......183
§ 24. Creditor not bound to press his claim against principal
debtor
.....
...184
§ 25. Effect of acts of creditor due to fraud or judicial error...185
§ 26. Discharge of surety by affirmative act of creditor... ..186
§ 27. Extending time of payment......
..187
§ 28. When surety relation is created by agreement among
obligors
..188
..189
§ 30.
Principal's set-off or counter claim against creditor as a
defence to surety................
..190
§ 34.
§ 35.
§ 36.
§ 37.
Tender of payment by principal debtor discharges surety..194
Failure of creditor to apply money in his control to debt..195
Effect of creditor's failure to sue at surety's request......195
Notice to guarantor of default of principal.....
..196
§ 38. Notice to guarantor of acceptance of guaranty...
...197
§ 39. Alteration of principal's contract....
...198
cascos cos.
40. Same: By agreement between creditor and principal.....199
41. Non-closure of facts creditor should reveal to surety..
42. Creditor not bound to discover facts.....
...200
..201
.202
43. Information requested by surety..
§ 44. Retention of principal in employment after knowledge of
dishonesty .....
.....202
45. Negligence in not discovering dishonesty. Collateral mis-
conduct
§ 49. Dealings or relations between creditor and co-surety.....206
§ 50. Release of co-surety with reservation of rights against the
others
...207
§ 51.
Effect of discharge of co-surety in bankruptcy.
§ 52.
Effect of accident and mistake.....
....208
§ 53. Assurance or promise of creditor that he will look to
principal only
.209
§ 54. Creditor informing surety that debt is paid..
§ 61.
CHAPTER III.
Remedies of Surety.
SECTION 1.
Subrogation.
§ 58. Subrogation of surety to creditor's rights..
§ 59. Securities to which surety is entitled.........
§ 60. When surety can enforce securities...
When stranger pays debt......
....214
...215
...216
..217
62. When surety is not entitled to subrogation...
...217
§ 63. When subrogation may be allowed before debt fully paid..218
Surety must be under legal obligation to pay..
..231
79. Surety to one of two or more partners...
.232
§ 83.
§ 84.
§ 85.
When surety's right of action is complete...
Principal liable for surety's costs and interest..
Amount surety can collect......
.234
.235
§ 86. When principal is not liable..
.236
§ 87.
§ 88.
Waiver of statute of limitations by principal...
Payment of judgment by surety....
.237
.238
SECTION 3.
Contribution.
§ 89. Right to contribution....
§ 90. When the right arises..
.239