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 AnnotationsBaker, Voorhis, 1916 - 290ÆäÀÌÁö |
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... Common Law " or " Source of the Section . " The English cases constru- ing the Bills of Exchange Act are not cited , for the rea- son that , so far as they are important , the language which the English courts were called upon to ...
... Common Law " or " Source of the Section . " The English cases constru- ing the Bills of Exchange Act are not cited , for the rea- son that , so far as they are important , the language which the English courts were called upon to ...
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... common - law rules which before its adoption applied equally to both classes of in- struments . In other words , a negotiable instrument is governed by the statute and a non - negotiable instrument by the rules of the common law ...
... common - law rules which before its adoption applied equally to both classes of in- struments . In other words , a negotiable instrument is governed by the statute and a non - negotiable instrument by the rules of the common law ...
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... common law , which is the same as the statutory rule in some of the States , but different in others . This distinction must be carefully borne in mind , or much con- fusion will result . See Windsor Cement Co. v . Thompson , 86 Conn ...
... common law , which is the same as the statutory rule in some of the States , but different in others . This distinction must be carefully borne in mind , or much con- fusion will result . See Windsor Cement Co. v . Thompson , 86 Conn ...
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... common law of the state , so to speak , the law merchant generally as recognized here , with such changes or modifications and additions as to make a system harmonizing , so far as practicable , with that prevailing in other states ...
... common law of the state , so to speak , the law merchant generally as recognized here , with such changes or modifications and additions as to make a system harmonizing , so far as practicable , with that prevailing in other states ...
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... common law before the enactment . Demelman v . Brazier , 193 Mass . 589. Hence , the adoption of the statute in the state where the cause of action arose must , where the action is brought in another state , be proved as a fact . But ...
... common law before the enactment . Demelman v . Brazier , 193 Mass . 589. Hence , the adoption of the statute in the state where the cause of action arose must , where the action is brought in another state , be proved as a fact . But ...
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acceptance acceptor accommodation agent amount apply authority bill of exchange Cayuga County commercial paper common law Conn contract corporation court deemed defense delivery deposit discharged dorser drawer drawn due course fact Fourth Nat give notice given Gratt held holder for value holder in due indorsed in blank indorser instru instrument payable intended Iowa law merchant maker Mass maturity ment Misc N. J. Law N. W. Rep National Bank negotiable instrument non-negotiable Northampton Brewing Co note payable note to section notice of dishonor Ohio St Oregon payable on demand payable to bearer payable to order payee person plaintiff presented for payment presumption prior parties promissory note protest provision Rule at common Savings Bank signature Smith statute strument subdivision sufficient Tenn thereof tion transfer Trust usury Variant readings.-In Illinois waiver warranty Wisconsin words York
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115 ÆäÀÌÁö - 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 ÆäÀÌÁö - 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.
11 ÆäÀÌÁö - 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.
216 ÆäÀÌÁö - The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money.
238 ÆäÀÌÁö - 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.
84 ÆäÀÌÁö - Where an instrument is drawn or indorsed to a person as "Cashier" or other fiscal officer of a bank or corporation, it is deemed prima facie to be payable to the bank or corporation of which he is such officer; and may be negotiated by either the indorsement of the bank or corporation or the indorsement of the officer.
229 ÆäÀÌÁö - 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...
52 ÆäÀÌÁö - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
223 ÆäÀÌÁö - When it is overdue, or after it has been dishonored by a previous refusal to accept, or by non-payment: (3) When a bill payable after sight is dishonored by non-acceptance, and the drawee subsequently accepts it, the holder, in the absence of...
130 ÆäÀÌÁö - And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it.