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act shall take addition amended amount annually application appointed appropriated Assembly auditor authorized board of education bonds building CARL cause cent certificate charge clerk collected commissioners compensation contract corporation cost council county commissioners court deemed duties effect election enacted entitled examination exceed exceeding expenses F. B. ARCHER fees filed fire five force fund grade hereby hereby authorized hereby repealed House Bill House of Representatives hundred dollars improvement interest issue judge lands less levy manner March ment municipal necessary NIPPERT notice paid party passage Passed April payable payment person police President printed read as follows receive record repair Revised Statutes road salary secretary Senate Speaker Statutes of Ohio stenographer take effect term thence thereof tion township treasurer trustees village vote W. S. MCKINNON
Página 195 - A negotiable promissory note within the meaning of this, act is an unconditional promise in writing made by one person to another signed by the maker engaging to pay on demand, or at a fixed or determined future time, a sum certain- in money to order, or to bearer.
Página 196 - Holder" means the payee or indorsee of a bill or note, who is in possession of it, or the bearer thereof...
Página 170 - An unqualified order or promise to pay is unconditional within the meaning of this act, though coupled with — 1. An indication of a particular fund out of which reimbursement is to be made, or a particular account to be debited with the amount; or 2. A statement of the transaction which gives rise to the instrument. But an order or promise to pay out of a particular fund is not unconditional.
Página 172 - ... the delivery may be shown to have been conditional, or for a special purpose only, and not for the purpose of transferring the property in the instrument.
Página 169 - An instrument to be negotiable must conform to the following requirements : 1. It must be in writing and signed by the maker or drawer. 2. Must contain an unconditional promise or order to pay a sum certain in money.
Página 191 - Presentment for acceptance is excused, and a bill may be treated as dishonored by nonacceptance, in either of the following cases: 1. Where the drawee is dead, or has absconded or is a fictitious person or a person not having capacity to contract by bill. 2. Where, after the exercise of reasonable diligence, presentment cannot be made. 3. Where, although presentment has been irregular, acceptance has been refused on some other ground.
Página 188 - The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money.
Página 171 - An instrument is payable on demand: 1. Where it is expressed to be payable on demand, or at sight, or on presentation; or 2. In which no time for payment is expressed. Where an instrument is issued, accepted, or indorsed when overdue, it is, as regards the person so issuing, accepting, or indorsing it, payable on demand.
Página 180 - Presentment for payment, to be sufficient, must be made — 1. By the holder, or by some person authorized to receive payment on his behalf; 2. At a reasonable hour on a business day ; 3. At a proper place as herein defined ; 4. To the person primarily liable on the instrument, or if he is absent or inaccessible, to any person found at the place where the presentment is made.