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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... "
The Code of Virginia: With the Declaration of Independence and the ... - Page 296
by Virginia - 1899 - 1177 pages
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Ohio Decisions

William John Tossell, Ohio. Superior Courts - Law reports, digests, etc - 1907
...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." Revised Statute 31731 (Lan. 4964). "Liability of indorser where paper negotiable by delivery. "Where...
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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 459 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. 67. Where a person1 places his indorsement on an instrument negotiable by delivery he incurs all...
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Laws

Illinois - Law - 1907
...accepted or 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 the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation...
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Acts of the General Assembly of the State of Alabama

Alabama - Law - 1907
...accepted or 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 the amount thereof to the holder, or any subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 250 pages
...both, 3 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. 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs all...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 212 pages
...both, as the case may be, according to its tenor (e), 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 (/). (a) As this and the preceding section include the case of every indorser, the warranty as to genuineness...
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Popular Law Library, Putney...

Albert Hutchinson Putney - Law - 1908
...accepted or 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 the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908
...accepted or 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 the amount thereof to the holder, or to any indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation...
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The Negotiable Instruments Law: With Comments and Criticisms

James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 250 pages
...to indorse." BEA s. 55 (1) (b). 7 The English Act reads " and " instead of "or " BEA s. 55 (1) (a). insert in the instrument an express stipulation negativing or limiting his own liability to the holder. Sec. 62. The acceptor by accepting the instrument engages that he will pay it according to the tenor...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 206 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 the amount thereof to the holder, cr to any subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument...
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