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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... "
Laws Passed at the 1st- Session of the Legislature of the State of South ... - Page 468
by South Dakota - 1913
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - 1910 - 484 pages
...the instrument . . . engages that on due presentment the instrument will be accepted or paid or botn, according to its tenor, and that if it be dishonored,...on dishonor be duly taken, he will pay the amount (2) Sec. 70. (3) Sec. 70. (3a) Hills v. Place, 48 NY 520. thereof to the holder, or to any subsequent...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - 1910 - 484 pages
...the instrument . . . engages that on due presentment the instrument will be accepted or paid or botn, according to its tenor, and that if it be dishonored,...on dishonor be duly taken, he will pay the amount (2) Sec. 70. (3) Sec. 70. thereof to the holder, or to any subsequent indorser who may be compelled...
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The New York Supplement, Volume 123

1910 - 1320 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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The Code of Law for the District of Columbia: Enacted March 3, 1901 ...

District of Columbia - 1911 - 552 pages
...Second. 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. Hensey* VD c' ^6Cl 1371. INDORSING PAPER NEGOTIABLE BY DEApp.,28e. ' LIVERY. — Where a person places...
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Laws of the State of Delaware

Delaware - 1911 - 862 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. Liability Section 67. Where a person places his indorsement on an instrument nego ties of an indorser....
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 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...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 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...
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The Negotiable Instruments Law Annotated: With References to the English ...

Joseph Doddridge Brannan - 1911 - 372 pages
...subsisting.58 And, in addition, he engages that on due presentment, it shall be accepted or 59 paid, or both,59 as the case may be, according to its tenor, and that...necessary proceedings on dishonor be duly taken, he will Bs"The indorser of a bill by indorsing it . . (b) Is precluded from denying to a holder in due course...
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The Pacific Reporter, Volume 117

1911 - 1168 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...both, as the case may be, according to its tenor, nnd that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...
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The Southern Reporter, Volume 55

1911 - 1068 pages
...its tenor. An indorser without qualification engages that on due presentment the note shall be paid, and that if it be dishonored, and the necessary proceedings...on dishonor be duly taken, he will pay the amount. Sections 2993, 2999, General Statutes of 1906. [1] The obligations of a maker and of a mere Indorser...
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