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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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Statutes at Large ...

Great Britain - 1882 - 574 halaman
...bill is presented to the drawee. 54. The acceptor of a bill, by accepting it — Liability of (1.) Engages that he will pay it according to the tenor of his acceptor. acceptance : (2.) Is precluded from denying to a holder in due course : (a.) The existence...
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - 1883 - 392 halaman
...when the bill is presented to the drawee. 54. The acceptor of a bill, by accepting it — acc (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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A Digest of the Questions Asked at the Final Examination of Articled Clerks ...

Richard Hallilay - 1884 - 678 halaman
...according to the tenour 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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The Student's Statutes: Being the Principal Provisions of Some ..., Volume 424

John Frederick Haynes - 1884 - 736 halaman
...time when the bill is presented to the drawee. 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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The Bills of Exchange Act, 1882: (45 & 46 Vict. C. 61). With Explanatory ...

Aviet Agabeg, William Frederick Barry - 1884 - 286 halaman
...Liability of 54.—The acceptor of a bill, by accepting it— ind. Act} s. ..'-,, s •cceptor. ,j ^ Engages that he will pay it according to the tenor of his acceptance (z) : (2.) Is precluded from denying to a holder in due course: ind. Act, s. 120. («) The existence...
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Acts of the Parliament of South Australia

South Australia - 1884 - 330 halaman
...required by this Act is not liable on the instrument. 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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A Handy Book on the Law of Bills, Cheques, Notes and IOU's

James Walter Smith - 1884 - 164 halaman
...when the bill is presented to the drawee. 2. S. 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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Roscoe's Digest of the Law of Evidence on the Trial of Actions ..., Volume 1-2

Henry Roscoe - 1884 - 834 halaman
...of dishonour should be given to him." Sect. 54. " The acceptor of a bill, by accepting it — (1.) Engages that he will pay it according to the tenor of his acceptance " (vuU sect. 19, supra) : " (2.) Is precluded from denying to a holder in due course " (vide sect....
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Powell's Principles and Practice of the Law of Evidence

Edmund Powell, John Cutler, Edmund Fuller Griffin - 1885 - 772 halaman
...54 of the Bills of Exchange Act, 1883 (j;), 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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Atlantic Reporter, Volume 42

1899 - 1158 halaman
...enacted that "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." 4 Eng. Ruling Cas. 159, 160. The rule stated by Lord Raymond, In 1715, seems to have become...
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