The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable Instruments Act with Questions, Problems and FormsCallaghan, 1911 - 208ÆäÀÌÁö |
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22 ÆäÀÌÁö
... unless put in a certain form . If put in that form , they may be negotiated simply because the law has so established it for the conveniences of trade . When one makes a contract with another whereby he secures , or seems to have ...
... unless put in a certain form . If put in that form , they may be negotiated simply because the law has so established it for the conveniences of trade . When one makes a contract with another whereby he secures , or seems to have ...
26 ÆäÀÌÁö
... unless drawn according to the rules established -containing all of the elements of negotiability hereinafter discussed . Yet it does not follow that because they may be non - negotiable , that they are for that reason ineffective as ...
... unless drawn according to the rules established -containing all of the elements of negotiability hereinafter discussed . Yet it does not follow that because they may be non - negotiable , that they are for that reason ineffective as ...
28 ÆäÀÌÁö
... unless a defense is made denying con- sideration . Forms of negotiable promissory notes are set out in Appendix B. Sec . 3. BILLS OF EXCHANGE . " A bill of exchange is an unconditional order in writing , addressed by one person to ...
... unless a defense is made denying con- sideration . Forms of negotiable promissory notes are set out in Appendix B. Sec . 3. BILLS OF EXCHANGE . " A bill of exchange is an unconditional order in writing , addressed by one person to ...
34 ÆäÀÌÁö
... unless specially made so by statute , and even then it is not governed by the peculiar rules of the law merchant but is negotiable only in a limited way . A bill of lading is transferable to effect the trans- fer of the title of the ...
... unless specially made so by statute , and even then it is not governed by the peculiar rules of the law merchant but is negotiable only in a limited way . A bill of lading is transferable to effect the trans- fer of the title of the ...
35 ÆäÀÌÁö
... unless it has received notice from the assignee of such bill that such bill has been assigned to him , and such assignee may then obtain the goods upon his production of the bill of lading as evidence that he is the assignee thereof ...
... unless it has received notice from the assignee of such bill that such bill has been assigned to him , and such assignee may then obtain the goods upon his production of the bill of lading as evidence that he is the assignee thereof ...
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acceptance for honor acceptor accommodated party agent amount assignment bank bill of exchange bill of lading blank indorsement certificate of deposit certification CHAPTER Chicago commercial paper confession of judgment consideration contract corporation deemed defense delivery discharged dishonored by non-acceptance dorsers drawer and indorsers due course fixed or determinable foreign bill fraud funds given holder in due Illinois instrument is payable law merchant maturity ment negotiable character Negotiable Instruments Act Negotiable Instruments Law negotiable paper notary Notary Public notice of dishonor otherwise overdue paid party primarily liable party secondarily liable payable on demand payable to bearer payable to order payee person place of payment presentment for acceptance Presentment for payment prior party promise or order promise to pay promissory note reasonable diligence secured signature signed special indorsement statute strument sum certain sum payable terest thereof thereto tiable transfer Uniform Negotiable Instruments unless usury waived
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145 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.
144 ÆäÀÌÁö - When a signature is forged or made without the authority of the person whose signature it purports to be, it is wholly inoperative, and no right to retain the instrument, or to give a discharge therefor, or to enforce payment thereof against any party thereto, can be acquired through or under such signature, unless the party, against whom it is sought to enforce such right, is precluded from setting up the forgery or want of authority.
150 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 holder in due course.
165 ÆäÀÌÁö - Partial; that is to say, an acceptance to pay part only of the amount for which the bill is drawn.
139 ÆäÀÌÁö - But nothing in this section shall alter or repeal any statute requiring in certain cases the nature of the consideration to be stated in the instrument.
168 ÆäÀÌÁö - A bill must be protested at the place where it is dishonored, except that when a bill drawn payable at the place of business, or residence of some person other than the drawee, has been dishonored by non-acceptance, it must be protested for non-payment at the place where it is expressed to be payable, and no further presentment for payment to, or demand on, the drawee is necessary.
141 ÆäÀÌÁö - When it is payable to the order of a fictitious or nonexisting person, and such fact was known to the person making it so payable; or 4. When the name of the payee does not purport to be the name of any person; or 5. When the only or last indorsement is an indorsement in blank.
161 ÆäÀÌÁö - By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time of payment, or to postpone the holder's right to enforce the instrument unless made with the assent of the party secondarily liable, or unless the right of recourse against such party is expressly reserved.
142 ÆäÀÌÁö - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.
152 ÆäÀÌÁö - As respects one another, indorsers are liable prima facie in the order in which they indorse; but evidence is admissible to show that as between or among themselves they have agreed otherwise. Joint payees or joint indorsees who indorse are deemed to indorse jointly and severally.