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" The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance; and admits, — 1. The existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the instrument, and... "
Trust Companies - Página 160
1922
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - 1900 - 349 páginas
...liability to the holdev. '• § 69. The acceptor, by accepting the instrument, engages that he will pay it according to the tenor of his acceptance, 'and admits:...the instrument; •and 2. The existence of the payee and his then capacity to indorse. § 70. A person placing his signature upon an instrument •Otherwise...
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Keister's Wall Street Business Manual: A Hand Book for Everybody

David Armel Keister - 1900 - 155 páginas
...acceptor of a bill is liable for the payment of it according to the tenor of his acceptance, which admits the existence of the drawer, the genuineness of his signature, and his capacity and his authority to draw the instrument, also the existence of the payee and his then capacity to indorse....
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Laws enacted in the general assembly of the commonwealth

1901
...Section (52. The acceptor, by accepting the instru- xh» acceptor. ment, engages that he will pay it according to the tenor of his acceptance, and admits:...the instrument; and, 2. The existence of the payee and his then capacity to indorse. Section 63. A person placing his signature upon an An indorwr. instrument...
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One Thousand Questions and Answers in Business Law: A Plain, Practical and ...

1901 - 236 páginas
...will pay it according to the tenor of his acceptance : he becomes the principal debtor. 2. He admits the existence of the drawer, the genuineness of his...his capacity and authority to draw the instrument. 3. He admits the existence of the payee and his then capacity to endorse. 95. For what is he not responsible?...
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The Law of Promissory Notes, Drafts, Checks, Etc

Leslie Jay Tompkins - 1901 - 188 páginas
...note (see above). To this liability there is added what are known as warranties, namely, the acceptor admits (1) the existence of the drawer, the genuineness of his signature, and his (the drawer's) capacity and authority to draw the instrument, and (2) the existence of the payee and...
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Acts of the State of Ohio

Ohio - 1902
...insert in the instrument an express stipiiiat'01 negativing or limiting his own liability to the holder. 1. The existence of the drawer, the genuineness of...the instrument, and, 2. The existence of the payee and his then capacity to indorse. Sec. 3173/1. [When person deemed indorser.] A person placing his...
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Acts of the State of Ohio

Ohio - 1902
...in the instrument an express stipulation negativing or limiting his own liability to the holder. T. The existence of the drawer, the genuineness of his...the instrument, and, 2. The existence of the payee and his then capacity to indorse. Sec. 3173/1. [When person deemed indorser.] A person placing his...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

District of Columbia - 1902 - 386 páginas
...instrument, engages that he will pay it according to the tenor of his acceptance, and admits — First. The existence of the drawer, the genuineness of his...capacity and authority to draw the instrument; and Second. The existence of the payee and his then capacity to indorse. Sec. 1367. IRREGULAR INDORSEMENT....
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The Scots Statutes Revised ...: The Public General Statutes Affecting ...

Scotland - 1900
...according to the tenor of his acceptance : (2.) Is precluded from denying to a holder in due course : (a.) The existence of the drawer, the genuineness of his...signature, and his capacity and authority to draw the bill ; (b.) In the case of a bill payable to drawer's order, the then capacity of the drawer to indorse,...
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A Treatise on the Law of Negotiable Instruments, Volumen2

John Warwick Daniel, Charles Alexander Douglass - 1903
...ii3. Liability of acceptor. — The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance; and admits:...the drawer, the genuineness of his signature, and bis capacity and authority to draw the instrument; and 2. The existence of the payee and his then capacity...
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