 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 of the obligor; or 4. Gives the holder an election to require something to be done in lieu of payment...  Annual Reports of the War Department - Page 39by United States. War Department - 1912Full view - About this book
 | Law - 1918 - 498 pages
...third, waives the benefit of any law intended for the advantage or protection of the obligor; fourth, gives the holder an election to require something to be done in lieu of payment of money. It is also provided that nothing contained in section 4055 shall validate any provision or stipulation... | |
 | Law reports, digests, etc - 1911 - 1168 pages
...advantage or jrrotection of the obligor; or (4) gives the holder an election to require something to he done in lieu of payment of money. But nothing In this...validate any provision or stipulation otherwise illegal." Sections 5254, 5255, 5257, and 5258. Gen. Stat. 1009. The defendant contends that under these provisions... | |
 | Law reports, digests, etc - 1922 - 1184 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." So long as the maker's promise to pay Is unconditional, and absolute it makes no difference that 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...validate any provision or stipulation otherwise illegal. §O. OMISSIONS; SEAL; PAIITICUI An MONEY. — The validity and negotiable character of an instrument... | |
 | 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... | |
 | 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...validate any provision or stipulation otherwise illegal. 25. The validity and negotiable character of an instrument are not affected by the fact that : 1. It... | |
 | 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...provision or stipulation otherwise illegal. SEC. 6. The validity and negotiable character of an instrument are not affected by the fact that: 1. It is... | |
 | 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...validate any provision or stipulation otherwise illegal. validity and ne- Sec. 6. The validity and negotiable character not of an instrument are not affected... | |
 | 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...validate any provision or stipulation otherwise illegal. § 25. Omissions; seal; particular money. — The validity and negotiable character of an instrument... | |
 | 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... | |
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