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" 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... "
Cases on Commercial Law: General Survey, Contracts, Agency, Bailments, Sales ... - Halaman 976
diedit oleh - 1923 - 1536 halaman
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 287

Illinois. Supreme Court - 1919 - 716 halaman
...that '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...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...
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1905 - 920 halaman
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 halaman
...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...subsequent indorser who may be compelled to pay it. ยง67. LIABILITY OF INDORSER WHERE PAPER NEGOTIABLE BY DELIVERY. Where a person places his indorsement...
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The Southwestern Reporter, Volume 153

1913 - 1348 halaman
...or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and If the necessary proceedings on dishonor be duly taken,...subsequent indorser who may be compelled to pay it;" and in subsection 89 that "except as herein otherwise provided, when a negotiable Instrument has been...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 halaman
...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,...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...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 78

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 halaman
...the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it, where defendants indorsed a mortgage note without qualification, they were liable thereon, unless the...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 102

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 halaman
...addition " 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,...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...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 138

New York (State). Supreme Court. Appellate Division - 1910 - 1076 halaman
...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,...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 394 halaman
...capacity to indorse. Sec. 61. The drawer by drawing the instru- same, ment admits the existence of the payee and his then capacity to indorse; and engages...will pay the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 halaman
...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,...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...
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