Bills and notes. Guaranty and suretyship. Insurance. BankruptcyCree Publishing Company, 1908 |
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Страница 21
... payee ( in whose favor the order is drawn ) , and the drawee ( on whom the order is drawn ) . SECTION 4. THE ORDER . The most essential characteristic of a bill of exchange is the order to pay . No particular words are necessary , but ...
... payee ( in whose favor the order is drawn ) , and the drawee ( on whom the order is drawn ) . SECTION 4. THE ORDER . The most essential characteristic of a bill of exchange is the order to pay . No particular words are necessary , but ...
Страница 22
... payee are involved in a promis- sory note ; when , however , the payee transfers the note to an indorsee the similarity of the note to an accepted bill is perfected ; it is then an order from the payee upon the maker for the payment of ...
... payee are involved in a promis- sory note ; when , however , the payee transfers the note to an indorsee the similarity of the note to an accepted bill is perfected ; it is then an order from the payee upon the maker for the payment of ...
Страница 25
... payee becomes liable to the questioned in England . The other phrase belongs to bills go- ing into foreign parts or drawn in a foreign language . ' cannot , independently of statute , sue the maker or. 23 " Another equally striking ...
... payee becomes liable to the questioned in England . The other phrase belongs to bills go- ing into foreign parts or drawn in a foreign language . ' cannot , independently of statute , sue the maker or. 23 " Another equally striking ...
Страница 27
... payee would be entitled to recover on the face of the paper . This note was trans- ferred , as admitted , after maturity . If it had been transferred for value , to an innocent party , before maturity , the defenses that are submitted ...
... payee would be entitled to recover on the face of the paper . This note was trans- ferred , as admitted , after maturity . If it had been transferred for value , to an innocent party , before maturity , the defenses that are submitted ...
Страница 28
... payee , or for any other than valid reasons . If so , it being the nature of a gift , the mere voluntary act from one to another , there is no obligation in law , if he chooses not to pay the note , for him so to do , by judicial ...
... payee , or for any other than valid reasons . If so , it being the nature of a gift , the mere voluntary act from one to another , there is no obligation in law , if he chooses not to pay the note , for him so to do , by judicial ...
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Чести термини и фразе
acceptance supra protest acceptor for honor adjudged agent amount application assignment bank bankrupt bill of exchange bill or note Bills and Notes bona fide holder bond claim co-sureties common law consideration contract of insurance court of bankruptcy creditor debt deemed default defense delivery discharge dishonored by non-acceptance drawer and indorsers due course duties equity filed fraud give notice given guarantor guaranty holder for value holder in due instru instrument is payable insurable interest jurisdiction law merchant lex mercatoria maker maturity ment merchants negotiable instrument non-payment notice of dishonor obligation paid paper payable on demand payee person petition plaintiff presentment for acceptance presentment for payment principal debtor proceedings promissory note reasonable referee rule secondarily liable SECTION signature specified statute subrogated subsequent sum certain surety suretyship thereof tion transfer trustee unless valid void Wend
Популарни одломци
Страница 98 - That it is complete and regular upon its face; 2. That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact; 3. That he took it in good faith and for value; 4. That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Страница 27 - A promissory note is defined as " 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 to, or to the order of, a specified person or to bearer
Страница 93 - An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or indorser, without receiving value therefor, and for the purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the time of taking the instrument knew him to be only an accommodation party.
Страница 89 - 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. 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 may enforce it as if it had been filled up strictly in accordance with the authoritjgiven and within a reasonable...
Страница 283 - If a bankrupt shall have given a preference within four months before the filing of a petition, or after the filing of the petition and before the adjudication, and the person receiving it, or to be benefited thereby, or his agent acting therein, shall have had reasonable cause to believe that it was intended thereby to give a preference, it shall be voidable by the trustee, and he may recover the property or its value from such person.
Страница 107 - When the day of maturity falls upon Sunday, or a holiday, the instrument is payable on the next succeeding business day. Instruments falling due on Saturday are to be presented for payment on the next succeeding business day, except that instruments payable on demand may, at the option of the holder, be presented for payment before twelve o'clock noon on Saturday when that entire day is not a holiday.
Страница 336 - Deceased, do make or cause to be made a true and perfect Inventory...
Страница 294 - The trustee may avoid any transfer by the bankrupt of his property which any creditor of such bankrupt might have avoided, and may recover the property so transferred, or its value, from the person to whom it was transferred, unless he was a bona fide holder for value prior to the date of the adjudication.
Страница 88 - Where an instrument expressed to be payable at a fixed period after date is issued undated, or where the acceptance of an instrument payable at a fixed period after sight is undated, any holder may insert therein the true date of issue or acceptance, and the instrument shall be payable accordingly.
Страница 247 - ... a schedule of his property, showing the amount and kind of property, the location thereof, its money value in detail, and a list of his creditors, showing their residences, if known (if unknown that fact to be stated...