ALBERT H. PUTNEY, A. B., D. C. L., LL. D.
DEAN OF THE ILLINOIS COLLEGE OF LAW,

AUTHOR OF "GOVERNMENT IN THE UNITED STATES," "COLONIAL GOVERNMENTS
OF EUROPEAN STATES," "LANDMARK CASES IN UNITED STATES
CONSTITUTIONAL LAW," ETC., MEMBER OF THE BAR

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Copyright, 1908, by
CREE PUBLISHING CO.

Minneapolis, Minn.

All rights reserved.

3/22/41

Brethren Publishing House, Elgin, Ill.

CHAPTER VI.

TRANSFER OF NEGOTIABLE INSTRUMENTS AND THE RIGHTS OF BONA FIDE

HOLDERS FOR VALUE..

45

Section 28

Transfers....

45

Validity of Bills or Notes Between Immediate Parties..

Bona Fide Purchasers for Value...

46

46

When the Maker of a Note or an Acceptor of a Bill is Dead..

54

Effect of Failure to Present a Bill or Note for Payment....

55

42

Protest.

57

....

66 43 Excuses for Failure to Present or to Give Notice..

"" 54 Presentment, Protest and Notice as to Checks.

73

73

73

73

SUBJECT GUARANTY AND SURETYSHIP,

Pledging or Mortgaging Property to Secure Debt of Another. 139

Section 12 Who May Become a Surety or a Guarantor.

143

28 Surety not Liable Beyond Penalty of his Bond.

158

30 When Surety May Terminate his Liability by Notice.

160

31 In General, what Things will Discharge the Surety.

160

35 Rights and Remedies of a Surety Against the Creditor.

167

....

36 Rights and Remedies of Surety Against the Principal.. 168

37 The Rights and Remedies of a Surety as to Co-Surety.... 171

38 When Surety's Act Discharges Co-Surety from Contribution. 172

"6 39 In what Proportion Co-Surety Bound to Make Contribution. 172

66 40 The Equitable Right of Subrogation..

173

41 Surety Subrogated to Lien of Judgment Against Principal.... 175