...the note if any? ANSWER TO QUESTION 5 The Negotiable Instruments Act of May 16, 1901, provides that where a negotiable instrument is materially altered...enforce payment thereof according to its original tenor. A change in date is specified under the act as a material alteration. The case stated, however, does...

...drawn. 48 This rule has been incorporated into the Negotiable Instruments Law, which provides that "when an instrument has been materially altered and...payment thereof according to its original tenor." " § 144. Effect of bank's statement that check is "good." In some cases a person, to whom a check...

...the note as originally drawn, since the Xegotiable Instruments Law, I 124, specifically provides that "when an instrument has been materially altered and...enforce payment thereof according to its original t*nor." (Munroe v. Stanley, 220 Mass. 438, 107 XE 1010; Broadway Xat. Bank v. Heflernan, 220 Mass....

...that the cancellation was made unintentionally, or under a mistake or without authority. SECTION 3205. Where a negotiable instrument is materially altered...enforce payment thereof according to its original tenor. SECTION 3206. Any alteration which changes, — (1) The date; (2) The sum payable, either for principal...

...cancellation was made unintentionally, or under a mistake or without authority. 1917—1550. 3205. Where a negotiable instrument is materially altered...enforce payment thereof according to its original tenor. 1917 —1550. 3206. Any alteration which changes — (1) The date; (2) The sum payable, either for...

...underlying debt. The Negotiable Instruments Law has changed some of the above rules by enacting that, "when an instrument has been materially altered, and...payment thereof according to its original tenor." Under the act, then, whether the instrument was fraudulently or innocently altered, the holder in due...

...righj to collect it. The court held that the section of Negotiable Instruments Law which provides that: "When an instrument has been materially altered and...enforce payment thereof according to its original tenor" applied to alterations in a note not yet due. We think, however, this is not so very evident. "Due...

...who has himself made, authorized or assented to the alteration, and subsequent indorsers." "But where an instrument has been materially altered and is in...payment thereof according to its original tenor." In Hank v. Bosserman, 32 a note was signed by A and payable to В or order. В added these words to...

...person, and has been paid by the drawer ; and 2. Where it was made or accepted for accommodation, and has been paid by the party accommodated. SEC. 122....original tenor. SEC. 125. Any alteration which changes : — 1. The date; 2. The sum payable, either for principal or interest ; 3. The time or place of payment...

...alteration, and subsequent indorsers. : . ." NIL § 124. See ante, Indorser's Contract; NIL § 65. 1 "But when an instrument has been materially altered...enforce payment thereof according to its original tenor" — NIL § 124. See Arnold v. Wood, 127 Ark. 234, 191 SW 960; Commercial Bank v. Arden, 177 Ky. 520,...