 | Albert Hutchinson Putney - 1908 - 396 pages
...capacity to indorse, and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored,...will pay the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation... | |
 | Albert H. Putney - 1908 - 394 pages
...capacity to indorse, and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored,...will pay the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation... | |
 | John Jay Crawford - 1908 - 276 pages
...That the instrument is at the time of his indorsement valid a'id subsisting (d). And, in addition, he engages that on due presentment, it shall be accepted...or both, as the case may be, according to its tenor (e), and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will... | |
 | John Jay Crawford - 1908 - 366 pages
...That the instrument is at the time of his indorsement valid and subsisting (d). And, in addition, he engages that on due presentment, it shall be accepted...or both, as the case may be, according to its tenor (e), and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will... | |
 | John James MacLaren - 1909 - 658 pages
...2. That the instrument is at the time of his indorsement valid and subsisting. And in addition, he engages that on due presentment, it shall be accepted...subsequent indorser who may be compelled to pay it. 117. Liability of indorser where paper negotiable by delivery. — Where a person places his indorsement... | |
 | New York (State) - 1909 - 926 pages
...2. That the instrument is at the time of his indorsement valid and subsisting. And, in addition, he engages that on due presentment, it shall be accepted...duly taken, he will pay the amount thereof to the Arts. 7, 8 Presentment for Payment. §§ 117-119 holder, or to any subsequent indorser who may be compelled... | |
 | Willis Seaver Paine - 1910 - 874 pages
...indorsement valid and subsisting. And, in addition, he engages that on due presentment, it shall bo accepted or paid, or both, as the case may be, according...subsequent indorser who may be compelled to pay it. Nat. Park Bank v. Seaboard Nat. Bank, 114 NY 28, 11 Am. St. Rep. 612, 20 NE 632; US v. Amer. Exeh.... | |
 | Fred William Weitzel - 1910 - 156 pages
...endorsement valid and subsisting and that it will be accepted or paid, or both, on due presentment, according to its tenor, and that if it be dishonored,...amount thereof to the holder, or to any subsequent endorser who may be compelled to pay it. The "necessary proceedings on dishonor" are protest, and notice... | |
 | Ernest Wilson Huffcut - 1910 - 914 pages
...That the instrument is at the time of his indorsement valid and subsisting.14 And, in addition, he engages that on due presentment, it shall be accepted...the case may be, according to its tenor, and that if ii be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof... | |
 | 1910 - 1318 pages
...by drawing the instrument engages that on due presentation the instrument will be accepted and paid, and that if it be dishonored, and the necessary proceedings...taken, he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set, the bill itself is discharged, and therefore... | |
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And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof... 
