 | 1916 - 506 pages
...maker of a negotiable instrument, by making it engages that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse." This statutory provision has been so construed by the courts of several jurisdictions. Young... | |
 | 1921 - 2116 pages
...concerned. Section 62 provides the acceptor, by accepting the instrument, engages that he 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 to draw the instrument." Prof.... | |
 | 1910 - 1168 pages
...The maker of a negotiable instrument by making it engages that he will pay It according to its tenor, and admits the existence of the payee and his then capacity to indorse." Page 351. When construed in the light of these sections, section 58 cannot be made to bear... | |
 | Virginia - 1899 - 724 pages
...The maker of a negotiable instrument by making it engages that he will pay it according to its tenor and admits the existence of the payee and his then capacity to endorse. sary proceedings on dishonor be duly taken he will pay the amount thereof to the holder or to any subsequent... | |
 | Maryland - 1898 - 700 pages
...maker of a negotiable instrument, by making it, engages that he will pay it according to its tenor ; and admits the existence of the payee and his then capacity to indorse. 80. The drawer by drawing the instrument admits the exist- , ence of the payee and his then... | |
 | New York (State). Supreme Court. Appellate Division - 1921 - 1108 pages
...to an acceptance. Section 112 provides that the acceptor engages that he will pay the instrument " according to the tenor of his acceptance " and admits the existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the instrument, and... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1162 pages
...The maker of a negotiable instrument by making it engages that he will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. Sec. 68. The drawer by drawing the instrument admits the existence of the payee and his then... | |
 | New York (State) - 1897 - 996 pages
...maker of a negotiable instrument by making it engages that h» will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. § 111. Liability of drawer. — The drawer by drawing the instrument admits the existence... | |
 | Colorado - 1897 - 434 pages
...negotiable instrument Liability of by making it engages that he will pay it according makerto its tenor; and admits the existence of the payee and his then capacity to indorse. Sec. 61. The drawer by drawing the instru- same. ment admits the existence of the payee and... | |
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The maker of a negotiable instrument by making it engages that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse. 
