 | Illinois. Supreme Court - 1922 - 700 sidor
...acceptor of a negotiable instrument under section 62 of the Negotiable Instruments law, which provides: "The acceptor by accepting the instrument engages...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... | |
 | American Bar Association - 1887 - 460 sidor
...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... | |
 | 1921 - 2116 sidor
...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...will pay it according to the tenor of his acceptance and admits: "The existence of the drawer, the genuineness of his signature and his capacity and authority... | |
 | W. D. Thorburn - 1882 - 316 sidor
...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,... | |
 | India, Patrick Dunlop Shaw - 1882 - 362 sidor
...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... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 sidor
...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... | |
 | Great Britain - 1882 - 574 sidor
...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... | |
 | Oscar Borchardt - 1883 - 392 sidor
...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... | |
 | John Frederick Haynes - 1884 - 736 sidor
...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... | |
 | Henry Roscoe - 1884 - 834 sidor
...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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But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability to the holder. 
