The Negotiable Instruments Law: From the Draft Prepared for the Commissioners on Uniformity of Laws ... The Full Text of the Law as Enacted, with Copious Annotations
Baker, Voorhis, 1916 - 290페이지
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acceptance accommodation action adopted agent agreement amount apply authority become bill blank bound Brown charge City collateral common Company condition Conn consideration constitutes contract corporation County court debt deemed defense delivered delivery demand deposit discharged dishonor draft drawer drawn due course effect evidence exchange expressed fact give given hands held holder in due Illinois indorser intended Iowa issued liable maker Mass maturity meaning ment Merchants Misc N. J. Law National Bank necessary negotiable instrument notice Ohio paid paper party payable payee payment person Pick presentment principal prior promissory note provision question reasonable received rule signature signed Smith statute subsequent sufficient takes Tenn thereof tion transfer Trust unless Variant Wash written York
115 페이지 - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
67 페이지 - 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.
95 페이지 - 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.
128 페이지 - Every person negotiating an instrument by delivery or by a qualified indorsement, warrants — 1. That the instrument is genuine and in all respects what it purports to be; 2. That he has a good title to it; 3. That all prior" parties had capacity to contract; 4. That he has no knowledge of any fact which would impair the validity of the instrument or render it valueless.
206 페이지 - Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided except as against a party who has himself made, authorized or assented to the alteration and subsequent indorsers.
11 페이지 - An instrument to be negotiable must conform to the following requirements: 1. It must be in writing and signed by the maker or drawer. 2. Must contain an unconditional promise or order to pay a sum certain in money.
238 페이지 - Where a dishonored bill has been accepted for honor supra protest or contains a reference in case of need, it must be protested for non-payment before it is presented for payment to the acceptor for honor or referee in case of need.
102 페이지 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
46 페이지 - Where the sum payable is expressed in words and also in figures and there is a discrepancy between the two, the sum denoted by the words is the sum payable ; but if the words are ambiguous or uncertain, reference may be had to the figures to fix the amount...
229 페이지 - Where the holder of a bill, drawn payable elsewhere than at the place of business or residence of the drawee, has not time, with the exercise of reasonable diligence, to present the bill for acceptance before presenting it for payment on 'the day that it falls due, the delay caused by presenting the bill for acceptance before presenting it for payment is excused, and does not discharge...