A Treatise on Commercial Paper and the Negotiable Instruments Law: Including the Law Relating to Promissory Notes, Bills of Exchange, Checks, Municipal Bonds, and Other Negotiable and Nonnegotiable Instruments : Commonly Classed as Commercial Paper : with an Appendix Containing the Negotiable Instrumennts Law and the English Bills of Exchange Act
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...
James Webster Eaton,Frank Bixby Gilbert
Obegränsad förhandsgranskning - 1903
acceptance action agent agreement amount appear assignment authority Bank bearer become bill of exchange bind blank bona fide Brown cited City condition consideration constitute contained contract corporation County course court debt defendant delivery demand drawer drawn effect English evidence executed existence express face fact firm funds give given hands held hold holder implied indorsement Inst intended interest Iowa issued Johns knowledge liable maker Mass maturity ment Merchants necessary Negotiable Instruments notice obligation officer Ohio paid parties partnership payable payee payment person plaintiff principal promise to pay promissory note purchaser question reason received rule signature signed Smith statute Statutory sufficient takes thereof third tion transfer Trust valid Wend writing written York
Sida 716 - A cheque is a Bill of Exchange drawn on a banker payable on demand. Promissory Note. — A Promissory Note 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 determinable future time, a sum certain in money...
Sida 659 - In order, however, that any such instrument, when completed, may be enforced against any person who became a party thereto prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time...
Sida 253 - But if any such instrument, after completion, is negotiated to a holder in due course, it is valid and effectual for all purposes in his hands, and he...
Sida 666 - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
Sida 577 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Sida 693 - mean any part of the United Kingdom of Great Britain and Ireland, the islands of Man, Guernsey, Jersey, Alderney, and Sark, and the islands adjacent to any of them being part of the dominions of Her Majesty. (2.) Unless the contrary appear on the face of the bill the holder may treat it as an inland bill.
Sida 161 - 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 ; 3. Must be payable on demand, or at a fixed or determinable future time; 4. Must be payable to order or to bearer; and, 5. Where the instrument is addressed to a drawee, he must be named or otherwise indicated therein with reasonable certainty.
Sida 666 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
Sida 531 - A negotiable instrument is discharged : 1. By payment in due course by or on behalf of the principal debtor ; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation; 3. By the intentional cancellation thereof by the holder; 4. By any other act which will discharge a simple contract for the payment of money; • 6.