 | New York (State). Board of Statutory Consolidation - Law - 1907 - 1252 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. ยง 117. Liability of indorser where paper negotiable by delivery. Where a person places his indorsement... | |
 | William John Tossell - Law reports, digests, etc - 1907 - 870 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." Revised Statute 31731 (Lan. 4964). "Liability of indorser where paper negotiable by delivery. "Where... | |
 | New Mexico - 1907 - 406 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... | |
 | Illinois - Law - 1907 - 644 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... | |
 | Alabama - Law - 1907 - 1034 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 any subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument... | |
 | John Jay Crawford - Negotiable instruments - 1908 - 276 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... | |
 | Albert H. Putney - Law - 1908 - 394 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... | |
 | Albert Hutchinson Putney - Law - 1908 - 396 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... | |
 | Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 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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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... 
