 And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof...  Session Laws - Seite 452von South Dakota - 1913Vollansicht - Über dieses Buch
 | Illinois. Supreme Court - 1919 - 716 Seiten
...The Negotiable Instrument law, which merely declares the rules of the common law, provides that 'he engages that on due presentment it shall be accepted...subsequent indorser who may be compelled to pay it.' The indorser's liability as such becomes fixed when demand of payment of the note is made of the principal... | |
 | Illinois. Supreme Court - 1917 - 720 Seiten
...presentment the bill will be accepted or paid, or both, according to its tenor, and if it be presented and the necessary proceedings on dishonor be duly taken he will pay the amount to the holder or to any indorser who may be compelled to pay it. Therefore, in the absence of any stipulation... | |
 | 1913 - 1348 Seiten
...without qualification, warrants to all subsequent holders In due course, • • • and, In addition, he engages that on due presentment, It shall be accepted...according to its tenor, and that if it be dishonored, and If the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder,... | |
 | Virginia - 1899 - 724 Seiten
...according to its tenor and admits the existence of the payee and his then capacity to endorse. sary proceedings on dishonor be duly taken he will pay...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability... | |
 | Maryland - 1898 - 700 Seiten
...2. That the instrument is at the time of his indorsement valid and subsisting. And, in addition, he engages that, on due presentment, it shall be accepted...subsequent indorser who may be compelled to pay it. 86. Where a person places his indorsement on an instrument negotiable by delivery, he incurs all the... | |
 | Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1916 - 776 Seiten
...instrument is at the time of his indorsement valid and subsisting, and providing that, in addition, he engages that on due presentment it shall be accepted...if it be dishonored and the necessary proceedings duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be... | |
 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1918 - 832 Seiten
...115, and that the instrument is at the time of his indorsement valid and subsisting, and in addition " engages that on due presentment it shall be accepted...subsequent indorser who may be compelled to pay it." The provision of section 324 that " Where the holder of a check procures it to be accepted or certified... | |
 | New York (State). Supreme Court. Appellate Division - 1910 - 1076 Seiten
...by drawing the instrument engages that on due presentation the instrument will be accepted and paid, and that if it be dishonored and the necessary proceedings...taken he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set the bill itself is discharged and, therefore,... | |
 | Colorado - 1897 - 434 Seiten
...2. That the instrument is at the time of his indorsement valid and subsisting. And, in addition, he engages that on due presentment, it shall be accepted...subsequent indorser who may be compelled to pay it. Sec. 67. Where a person places his indorse- Liability of ment on an instrument negotiable by delivery... | |
 | Florida - 1897 - 426 Seiten
...mentioned in su bdivisions one, two and three of the next preceding section; and And, in addition, he engages that on due presentment, it shall be accepted...subsequent indorser who may be compelled to pay it. 2. That the instrument is at the time of his indorsement valid and subsisting. SEC. 67. Where a person... | |
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