 By a valid tender of payment made by a prior party. 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved. 6. By any agreement binding upon the holder to extend the time...  The Southeastern Reporter - Sida 3621916Obegränsad förhandsgranskning - Om den här boken
 | Ohio. Supreme Court - 1910 - 748 sidor
...to postpone the holder's right to enforce the instrument, unless made with the assent of the person secondarily liable, or unless the right of recourse against such party is expressly reserved." The entire field of discharge appears to Lie here covered, and unless some controlling reason can be adduced... | |
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1909 - 588 sidor
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. VI. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved." Section 192: 'The person 'primarily' liable on an Instrument Is a person who by the terms of the instrument... | |
 | 1915 - 1138 sidor
...provides inter alia that: "A person secondarily liable on the instrument is discharged: * * * Ну any agreement binding upon the holder to extend the...recourse against such party is expressly reserved." This was simply declaratory of the existing law. It is settled that, if after maturity and for a considération... | |
 | 1908 - 1134 sidor
...that a person secondarily liable on a negotiable instrument is discharged by any agreement binding on the holder to extend the time of payment or to postpone...recourse against such party is expressly reserved, where the holder of a note agreed with the maker not to press the suit commenced thereon while certain... | |
 | Virginia - 1899 - 724 sidor
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. (5. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved. $121. RIGHT OF PARTY WHO DISCHARGED INSTRUMENT. — Where the instrument is paid by a party secondarily... | |
 | 1917 - 914 sidor
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; " (6) By any agreement binding upon the holder to extend...recourse against such party is expressly reserved." 22 The first effect of these provisions, without going into the reasons for it, has been to make the... | |
 | 1915 - 1328 sidor
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. "(0) By any agreement binding upon the holder to extend...recourse against such party is expressly reserved in the original instrument." The act thus specifies how the Instrument, and consequently the parties... | |
 | 1915 - 1336 sidor
...instrument is discharged: "By an agreement binding upon the holder to extend the time of payment, or Fo postpone the holder's right to enforce the instrument,...recourse against such party is expressly reserved." We think the fundamental error in the contention of the surety, Cook, touching the transaction on maturity... | |
 | Florida - 1897 - 426 sidor
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved. SEC. 121. Where the instrument is paid by a party secondarily liable thereon, it is not discharged;... | |
 | Colorado - 1897 - 394 sidor
...unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved. Payment by ln- Sec. 121. Where the instrument is paid by a dorser no dis- party secondarily liable... | |
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