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...99.) Obligations of acceptor of bill or check. Case 515. Uniform Negotiable Instruments Law, Sec. 62. "The acceptor by accepting- the instrument engages...his acceptance, and admits : "1. The existence of tie drawer, the genuineness of his signature, and his capacity and authority to draw the instrument...

...actual representations.2 § 922. By acceptance — Generally. — Under the Negotiable Instruments Act, "The acceptor by accepting the instrument engages...the existence of the payee and his then capacity to indorse."3 Thus, one who accepts a bill is by his act estopped, as against a bona fide endorsee for...

...actual representations.3 § 922. By acceptance — Generally. — Under the Negotiable Instruments Act, ̘ W )b ~ d RtJ 6 u}ڇ R jRs j h q ''_ D indorse."3 Thus, one who accepts a bill is by his act estopped, as against a bona fide endorsee for...

...forgery recover the money paid.74 So, under the Uniform Negotiable Instruments Law,75 which provides that the acceptor, by accepting the instrument, engages...according to the tenor of his acceptance, and admits "the existence of the drawer, the genuineness of his signature, his capacity and authority to draw...

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...negotiable instrument engages that he will pay it according to the tenor of his acceptance; and he admits " (1) The existence of the drawer, the genuineness...The existence of the payee and his then capacity to indorse."2 The drawee of a bill is presumed to know the signature of the drawer and his acceptance...

...Rep. 471. The Uniform Negotiable Instruments Act provides as follows: "Sec. 62. Liability of acceptor. The acceptor by accepting the instrument engages that...existence of the payee and his then capacity to indorse." A bank teller, upon the presentment of a certified check, wrote across the face the words "Payment...

...the existing section being placed in brackets and the new words inserted being in italics : Sec. 62. The acceptor by accepting the instrument engages that...pay it according to the tenor of [his acceptance] the instrument as draicn by the maker от drawer: and admits 1. The existence of the drawer, the genuineness...

...negotiable or nonnegotiable. [1] It is settled law that the acceptor of a negotiable instrument admits "the existence of the drawer, the genuineness of his...his capacity and authority to draw the instrument." Section 62, c. 94, Acts of 1809 (Thompson's-Shannon's Code, § 3516aGl) ; Figuers v. Fly, 193 SW 117,...