 | North Carolina. Supreme Court - 1905 - 922 страница
...settled distinction between persons primarily liable and those secondarily liable on commercial paper. "The person primarily liable on an instrument is the...to pay the same. All other parties are secondarily liable." Section 2342. A surety comes squarely within the definition of a person whose liability is... | |
 | Ohio. Supreme Court - 1910 - 748 страница
...discharge a simple contract for the payment of money, etc., and defining a person primarily liable as one who by the terms of the instrument is absolutely required to pay the same, etc., an accommodation maker of a note is not relieved from liability by an extension of time of payment... | |
 | 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 страница
...unless the instrument was discharged. Section 192 makes a person primarily liable on the instrument •who by the terms of the instrument is absolutely required to pay it. And by section 29 an accommodation party in fact is liable on the instrument to the holder notwithstanding... | |
 | 1910 - 1168 страница
...other sections and give effect only to section 58. Our conclusion Is further fortified by section 192: "The person 'primarily' liable on an instrument is...terms of the Instrument Is absolutely required to pay same. All other persons are 'secondarily' liable." Page 373. This section not only fixes an absolute... | |
 | 1908 - 1168 страница
...negotiable instrument must be in writing, and signed by the maker or drawer. The person primarily liable Is the person who, by the terms of the Instrument, is absolutely required to pay the same, all others being secondarily liable. A person placing his signature upon an instrument otherwise than as... | |
 | 1908 - 1134 страница
...BILLS AND NOTES— WHO ABE INDORSEES. Nee. Inst. Act (Pub. Laws 189C-1900, p. 84, c. 674) art. 1, § 3. provides that the person "primarily" liable on an instrument is the person who, by the terms thereof, is absolutely required to pay the same, and that all other parties are "secondarily" liable.... | |
 | 1917 - 914 страница
...official edition, prepared and recommended by the Conference of Commissioners on Uniform State Laws.) "The person 'primarily' liable on an instrument is...pay the same. All other parties are 'secondarily' liable." 21 And following are the provisions (sections 119 and 120 of the Act) for discharge of negotiable... | |
 | Virginia - 1899 - 724 страница
..." includes printed, and "writing" includes print. §192. PERSON PRIMARILY LIABLE ON INSTRUMENT.— The person "primarily" liable on an instrument is...to pay the same. All other parties are "secondarily " liable. §193. REASONABLE TIME; WHAT CONSTITUTES. — In determining what is a " reasonable time... | |
 | 1918 - 1036 страница
...primarily to the payee in solido with the maker. Section 192 of the Negotiable Instrument Law declares that the person "primarily" liable on an instrument...terms of the instrument, is absolutely required to pay it, and that all other parties are secondarily liable. Under sections 119 and 120 of tne statute it... | |
 | 1917 - 1328 страница
...concerned. The Negotiable Instruments Act provides that the person "primarily" liable to the holder on an instrument is the person who by the terms of...instrument is absolutely required to pay the same. See, also, sections 119 and 120, and Graham v. Shephard, 136 Tenn. — , 189 SW 807. And their attitude... | |
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primarily" liable on an instrument is the person who, by the terms of the instrument, is absolutely required to pay the same. All other parties are "secondarily 
