페이지 이미지
PDF
ePub

C. PERSONS ACTING IN REPRESENTATIVE CAPACITY.

§ 29. Agents

80

a. In general

80

b. Authority to make notes and accept bills.

81

c. Liability of person signing as agent..

82

(1) Statutory provision

82

(2) Liability in general....

83

(3) How representative capacity to be indicated...

86

(4) Disclosure of name of principal in body of instrument... 89

(5) Parol evidence admissible to show intent.

93

d. Signature by procuration; effect of....

98

e. Liability of agent indorsing negotiable paper, or drawing bill

of exchange

99

f. Negotiable instruments by public agents.

102

§ 30. Partners

104

a. In general; what constitutes a partnership.....

104

b. Authority of one partner to execute commercial paper in name

of firm ...

107

c. Presumption in favor of validity of partnership paper executed

by one partner.....

109

d. Commercial paper of trading and nontrading partnerships... 112

e. Rights of bona fide holder...

115

f. Signing firm name for accommodation or security.....

118

g. Negotiable paper in payment of individual debts of partner.. 123

h. Partnership paper in name of individual member...

124

i. Commercial paper given by partner for use of firm..

126

j. Liability of dormant partner.

128

k. Effect of dissolution.....

129

1. Notice of dishonor; presentment.

132

§ 31. Corporations

132

a. Power to execute commercial paper.

132

b. Defense of ultra vires......

135

c. Power to make or indorse for accommodation......

136

d. Presumption in favor of validity of corporation paper

137

e. Power of officers to issue commercial paper...

138

f. Power of officers to transfer commercial paper.

143

g. Form of notes and bills by corporations; form of indorsement. 145
§ 32. Municipal corporations

$39. Time of payment — (Continued).

f. What constitutes determinable future time; statutory provision. 212

g. Instrument payable at fixed period after date or sight

213

h. Instrument payable on or before a certain date

214

i. Instrument payable at a fixed time after a specified event. 218

j. Instrument payable upon a contingency ..

219

k. Instrument payable on day certain, or on happening of event.. 220

1. Effect of provision for extension of time

220

$ 40. Instrument must be payable to order or bearer

221

a. In general ...

221

b. What are words of negotiability

222

c. When payable to order

223

(1) Statutory provision

223

(2) Instrument payable to drawer or maker

224

(3) Instrument drawn by agent, officer, or partner

225

(4) Instrument payable to order of drawee

226

(5) Instrument payable to joint payees

227

(6) Instrument payable to one or some of several payees

227

(7) Instrument payable to holder of an office for time being.. 228

(8) Payee to be indicated with reasonable certainty

228

d. When payable to bearer

231

(1) Statutory provision

231

(2) Instrument made expressly payable to bearer..

231

(3) Instrument payable to order of fictitious person.

231

(4) When name of payee does not purport to be that of any

person

233

(5) When only a last indorsement is in blank

233

§ 41. Additional provisions not affecting negotiability.

234

a. Statutory provision

234

b. Provision authorizing sale of collaterals

235

c. Provision authorizing confession of judgment

238

d. Waiver of benefits of a law intended for protection of obligor. 239

e. Option with holder requiring something in lieu of money. 240

§ 42. Omissions not affecting validity and negotiability....

241

a. Statutory provision

241

b. Necessity of date

241

c. Use of words “for value received,” or equivalent

242

d. Omission of place of execution or payment

243

$ 43. Instruments bearing seal

244

a. General rule

244

b. Statutory rule

245

§ 44. Date of instrument

245

a. In general ....

245

b. Presumption as to date; statutory provision

246

c. Ante and post-dated instruments....

246

d. When date may be inserted; statutory provision

248

« 이전계속 »