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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... "
American law reports annotated - Halaman 487
1921
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 300

Illinois. Supreme Court - 1922
...acceptor of a negotiable instrument under section 62 of the Negotiable Instruments law, which provides: "The acceptor by accepting the instrument engages...genuineness of his signature, and his capacity and anthority to draw the instrument; and, 2. the existence of the payee and his then capacity to endorse."...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 288 halaman
...exchange by Acceptor's the fact of acceptance conclusively admits and warrants to a bond fide holder — (1.) The existence of the drawer, the genuineness...of his signature, and his capacity and authority to draw.0 ILLUSTRATIONS. 1. A bill purporting to be drawn by A. on B. in favour of C. is accepted by B....
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Report of the ... Annual Meeting of the American Bar ..., Volume 10,Bagian 1887

American Bar Association - 1887
...the bill is presented to the drawee. SEC. 54. That the acceptor of a bill, by accepting it — (1) Engages that he will pay it 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...
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The Federal Reporter: Cases Argued and Determined in the ..., Volume 273-274

1921
...equivalent to acceptance, so far as the rights of the drawee or acceptor are concerned. Section 62 provides the acceptor, by accepting the instrument, engages...according to the tenor of his acceptance and admits: "The existence of the drawer, the genuineness of his signature and his capacity and authority to draw...
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The Canadian Law Times, Volume 28

1908
...— " The acceptor of a bill, by accepting it, is precluded from denying to a holder in due course, the existence of the drawer, the genuineness of his...signature, and his capacity and authority to draw the bill." We thus arrive at the substantial difference between the two cases. When the forgery is in the...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 332 halaman
...exchange by ^ef ac ^. Q . acce pt ance conclusively admits and warrants to a bond Ji de holder — s. (1.) The existence of the drawer, the genuineness...signature, and his capacity and authority to draw. 10 ILLUSTRATIONS. 1. A bill purporting to be drawn by A. on B. in favour of C., is 3 Moryan v. f.aririere...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 88 halaman
...general and qualified acceptances. (2.) Is precluded from denying to a holder in due course — (#.) The existence of the drawer, the genuineness of his...signature, and his capacity and authority to draw the bill : (.) In the case of a bill payable to drawer's order, the then capacity of the drawer to indorse,...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 314 halaman
...time when the bill is presented to the drawer. 54. The acceptor of a bill, by accepting it — (1.) Engages that he will pay it 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...
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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - 1882
...presented to the drawee. Liability of Acceptor. 54. The acceptor of a bill, by accepting it — (1.) Engages that he will pay it 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...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 283 halaman
...Mor. 1465. 54. The acceptor of a bill, by accepting it — • Liability of 1 J ' acceptor. (1.) Engages that he will pay it according to the tenor of his acceptance (a) : (2.) Is precluded from denying to a holder in due course (6) : (a.) The existence of the drawer,...
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