 | Leslie Jay Tompkins - Checks - 1901 - 220 pages
...or both, as the case may be, according to its tenor; and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. The position of the indorser is a double one — that of- transferer of title, and as maker of an entirely... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 pages
...or both, as the case may be, according to its tenor, and that, if it be dishonored and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. Section 67. Where a person places his indorsement on an instrument negotiable by delivery, he incurs... | |
 | United States - Law - 1901 - 934 pages
...according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor l>e duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. Indorsing paper ¡цкг. 1371. INDORSING PAPER NEGOTIABLE BY DELIVERY. — Where a livery person places... | |
 | Commercial law - 1901 - 242 pages
...and that it will be paid when due, and (4) that if it be dishonored in either case and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder. 92. To whom is this warranty given? To the payee and also to every subsequent holder in due course.... | |
 | District of Columbia - Law - 1902 - 400 pages
...or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. Sec. 1371. INDORSING PAPER NEGOTIABLE BY DELIVERY. — Where a person places his indorsement on an... | |
 | Ohio - Session laws - 1902 - 1050 pages
...or both, as the case may be, according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. When person deemed indorser. Liability of irregular Indorser. Warranty where negotiation by delivery,... | |
 | Philippines - Law - 1991 - 496 pages
...tenor; and OFFICIAL GAZETTE VOL. 87, No. 43 (f) That if the instrument be diehorrn-ed. and the necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it. (Annotation on Section (i, Negotiable Instruments Law, Manansala and Ramayrat, page 65). Thus, the... | |
 | John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...accepted and* paid, or both, according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor be duly taken, he will pay...amount thereof to the holder, or to any subsequent (a) indorser who may be compelled to pay it. But the drawer may insert in the instrument an express... | |
 | Ohio - Session laws - 1902 - 1048 pages
...be accepted and paid, or both, according to its tenor, and that if it be dishonoredand the necessary proceedings on dishonor be duly taken he will pay the amount thereof to tlfe holder, or to any subsequent indorser who may be compelled to pay it. But ] drawer may insert... | |
 | International Correspondence Schools - Banks and banking - 1903 - 646 pages
...679(1821). »4 King. (Enir.) 720 (1828). » Big. Law BN & C., p. 97. »«3 Story (US) 393 (1844). necessary proceedings on dishonor be duly taken, he will pay...subsequent indorser who may be compelled to pay it;" but, he may insert in the instrument an express stipulation negativing his own liability to the holder.... | |
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And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may be, according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof... 
