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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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The New York Supplement, Volume 123

Law reports, digests, etc - 1910 - 1318 pages
...presentation the instrument will be accepted and paid, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set, the bill itself is discharged, and therefore...
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Laws of the State of Delaware

Delaware - Law - 1911 - 862 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. Liability Section 67. Where a person places his indorsement on an instrument nego ties of an indorser....
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The Negotiable Instruments Law Annotated: With References to the English ...

Joseph Doddridge Brannan - Bills of exchange - 1911 - 372 pages
...accepted or51 paid, or both,82 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. Eut the drawer may insert in the instrument an express stipulation negativing or limiting his own liability...
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The Code of Law for the District of Columbia: Enacted March 3, 1901 ...

District of Columbia - Law - 1911 - 552 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. Hensey* VD c' ^6Cl 1371. INDORSING PAPER NEGOTIABLE BY DEApp.,28e. ' LIVERY. — Where a person places...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - Negotiable instruments - 1911 - 216 pages
...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 Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - Negotiable instruments - 1911 - 216 pages
...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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Lawyers' Reports Annotated, Book 34

Law reports, digests, etc - 1911 - 1332 pages
...on" due presentment a note or bill will be paid, and that if it be dishonored, and if the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder; by § ДЗО presentment for payment is necessary in order to charge the indorser; by § 132 presentment,...
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Annual Reports of the Secretary of War, Volume 4

United States. War Department - 1912 - 810 pages
...at the time of his indorsement valid and subsisting. 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. LIABILITY OF INDORSER WHERE PAPER NEGOTIABLE BY DELIVERY. — Where a person places his indorsement...
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Cyclopedia of Law ...

Charles Erehart Chadman - Law - 1912 - 666 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. 3173l. {Liability of indorser where paper negotiable by delivery.] Where a person places his indorsement...
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Annual Reports of the War Department, Volume 4

United States. War Department - 1912 - 814 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...thereof to the holder, or to any subsequent indorser wno may be compelled to pay it. SEC. 67. LIABILITY OF INDORSEE WHERE PAPER NEGOTIABLE BY DELIVERY....
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