 Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2. Authorizes a confession of judgment if the instrument be not paid at maturity ; or 3. Waives the benefit of any law intended for the advantage or protection...  American Law Reports Annotated - Page 1311919Full view - About this book
 | Law - 1918 - 498 pages
...collection or an attorney's fee, in case payment shall not be made at maturity. Section 4052, Rev. L. Section. 4055 provides that an instrument which contains...money. It is also provided that nothing contained in section 4055 shall validate any provision or stipulation otherwise illegal. An examination of these... | |
 | Law reports, digests, etc - 1922 - 1184 pages
...Instruments Law (St. 1!)17, p. 1533, § 30SO), providing that negotiability is not affected by giving the holder an election to require something to be done in lieu of payment of money. Appeal from Superior Court, Sacramento County; Peter J. Shields, Judge. Action by the People's Bank... | |
 | Law reports, digests, etc - 1918 - 1036 pages
...the negotiable character of an Instrument otherwise negotiable is not affected by a provision which gives the holder an election to require something to be done In lieu of payment of money. The stipulation complained of In the case before us did not go so far as to give the holder of the... | |
 | Virginia - Law - 1899 - 724 pages
...or Ii. Waives the benefit of any law intended for the advantage or protection of the obligor ; or 4. Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal. §O. OMISSIONS;... | |
 | Maryland - Law - 1898 - 700 pages
...or 3. Waives the benefit of any law intended for the advantage or protection of the obligor ; or 4. Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal. 25. The... | |
 | Colorado - Electronic journals - 1897 - 434 pages
...Waives the benefit of any law intended for the advantage or protection of the obligor; or Election. 4- Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal. validity... | |
 | Florida - Law - 1897 - 426 pages
...or 3. Waives the benefit of any law intended for the advantage or protection of the obligor; or 4. Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal. SEC. 6.... | |
 | New York (State) - Law - 1897 - 996 pages
...or 3. Waives the benefit of any law intended for the advantage or protection of the obligor; or -1. Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal. § 25. Omissions;... | |
 | Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...or 3. Waives the benefit of any law intended for the advantage or protection of the obligor; or 4. Gives the holder an election to require something to be done in lien of payment of money. But nothing in this sectien shall validate any provision or stipulation otherwise... | |
 | Massachusetts - 1898 - 48 pages
...or 3. Waives the benefit of any law intended for the advantage or protection of the obligor ; or 4. Gives the holder an election to require something to be done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation otherwise illegal. same subject.... | |
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