A Treatise on the Law of Commercial Paper: Containing a Full Statement of Existing American and Foreign Statutes, Together with the Text of the Commercial Codes of Great Britain, France, Germany and Spain, Volume 1F. D. Linn & Company, 1888 - Commercial law |
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Page 8
... ment , " Story on Prom . Notes , & 487 . CHALMERS .- " A bill drawn by a customer on his banker payable on de- mand , " Benj . Chalm . Dig . , Art . 254 . COWEN , J. , in Harker v . Anderson , 21 Wend . 372 , " a bill payable on de ...
... ment , " Story on Prom . Notes , & 487 . CHALMERS .- " A bill drawn by a customer on his banker payable on de- mand , " Benj . Chalm . Dig . , Art . 254 . COWEN , J. , in Harker v . Anderson , 21 Wend . 372 , " a bill payable on de ...
Page 10
... ment in some States by statute . • § 12. Corporation Bonds - Coupons . - A corporation bond is an obligation to pay money given under its corporate seal . It is often made negotiable in form by drawing it payable " to the bearer " or to ...
... ment in some States by statute . • § 12. Corporation Bonds - Coupons . - A corporation bond is an obligation to pay money given under its corporate seal . It is often made negotiable in form by drawing it payable " to the bearer " or to ...
Page 12
... ment on the happening of a certain event ; absolute , obliging the indorser to pay without regard to presentment or protest , e . g . " protest waived ; " qualified as to the indorser's obliga- tion , e . g . " without recourse ; " or ...
... ment on the happening of a certain event ; absolute , obliging the indorser to pay without regard to presentment or protest , e . g . " protest waived ; " qualified as to the indorser's obliga- tion , e . g . " without recourse ; " or ...
Page 25
... ment , and the maker's contract with the payee by the law of the place where the note was made . * In general , the contract of the maker of a note or the drawer of a bill of exchange is governed by the place where it is made payable ...
... ment , and the maker's contract with the payee by the law of the place where the note was made . * In general , the contract of the maker of a note or the drawer of a bill of exchange is governed by the place where it is made payable ...
Page 26
... ment , this will not be the rule.1 § 29. Lex Loci Solutionis Governs Indorsement . In like manner , an indorsement made in accordance with English law will be held sufficient there , if the bill of exchange is payable in England . So ...
... ment , this will not be the rule.1 § 29. Lex Loci Solutionis Governs Indorsement . In like manner , an indorsement made in accordance with English law will be held sufficient there , if the bill of exchange is payable in England . So ...
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Common terms and phrases
acceptance acceptor agent Allen amount authority Bank Bank of United Barb bill drawn bill of exchange bill or note bind blank bona fide holder bond Branch Bank Byles Campb Chitty Clark Code Napoleon commercial paper common law Conn contract corporation County Daniel debt defense delivery drafts drawee drawer Edwards Exch executed firm name Gratt held holder for value husband indorsement instrument intention Iowa Jones Law Art lex fori lex loci contractus lex loci solutionis liable maker Mass ment Metc Minn negotiable negotiable instruments note given note or bill note payable Ohio St parol evidence parties partner partnership payable to bearer payee payee's Penna person place of payment principal promissory note seal separate estate signature Smith stamp statute Story on Bills Story on Prom supra surety transfer trustees usurious valid void Wend wife words York
Popular passages
Page 7 - Act is an unconditional promise in writing made by one person to another signed by the maker engaging to pay on demand, or at a fixed or determinable future time, a sum certain in money to order or to bearer.
Page 2 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Page 388 - ... by infants for the repayment of money lent or to be lent, or for goods supplied or to be supplied (other than contracts for necessaries), and all accounts stated with infants, shall be absolutely void : provided always, that this enactment shall not invalidate any contract into which an infant may, by any existing or future statute, or by the rules of common law or equity, enter, except such as now by law are voidable.
Page 169 - August, 1821, if any person shall accept a bill of exchange payable at the house of a banker or other place, without further expression in his acceptance, such acceptance shall be deemed and taken to be, to all intents and purposes, a general acceptance of such bill. But if the acceptor shall, in his acceptance, express, that he accepts the bill payable at a banker's house or other place...
Page 123 - States the quality of being a legal tender in payment of private debts is an appropriate means, conducive and plainly adapted to the execution of the undoubted powers of congress, consistent with the letter and spirit of the constitution, and therefore within the meaning of that instrument, "necessary and proper for carrying into execution the powers vested by this constitution in the government of the United States.
Page 122 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Page 8 - Is generally defined as a draft or order upon a bank or banking house, purporting to be drawn upon a deposit of funds, for the payment at all events of a certain sum of money...
Page 8 - A check is a written order or request, addressed to a bank or to persons carrying on the business of bankers, by a party having money in their hands, requesting them to pay on presentment, to another person, or to him or bearer, or to him or order, a certain sum of money specified in the instrument.
Page 123 - ... bills; and the power to make the notes of the government a legal tender in payment of private debts being one of the powers belonging to sovereignty in other civilized nations and not expressly withheld from congress by the constitution: we are irresistibly impelled to the conclusion that the impressing upon the treasury notes of the United States...
Page 65 - ... person" includes a corporation as well as a natural person; writing includes printing and typewriting; oath includes affirmation or declaration; and every mode of oral statement, under oath or affirmation, is embraced by the term "testify...