 | John Jay Crawford - Negotiable instruments - 1908 - 366 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... | |
 | Harry Clark Bentley - Corporation law - 1908 - 534 pages
...according to its tenor and that if it is not and the necessary proceedings on dishonor are duly observed, he will pay the amount thereof to the holder or to any subsequent endorser who may have been compelled to pay the instrument. (§ 116.) Where a holder places his endorsement... | |
 | John James MacLaren - Bills of exchange - 1909 - 658 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. 117. Liability of indorser where paper negotiable by delivery. — Where a person places his indorsement... | |
 | New York (State) - Law - 1909 - 926 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 the amount thereof to the Arts. 7, 8 Presentment for Payment. §§ 117-119 holder, or to any subsequent indorser who may be compelled... | |
 | James Parker Hall, James De Witt Andrews - Law - 1910 - 484 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. Obviously the contracts of the drawer and indorser are alike in that they are conditional, and in that... | |
 | James Parker Hall, James De Witt Andrews - Law - 1910 - 484 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. Obviously the contracts of the drawer and indorser are alike in that they are conditional, and in that... | |
 | Willis Seaver Paine - Banking law - 1910 - 874 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. Nat. Park Bank v. Seaboard Nat. Bank, 114 NY 28, 11 Am. St. Rep. 612, 20 NE 632; US v. Amer. Exeh.... | |
 | Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 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...any subsequent indorser who may be compelled to pay it.4 2 Page 400. " The maker of a note corresponds with the acceptor of promissory note is the principal... | |
 | Fred William Weitzel - Bank deposits - 1910 - 156 pages
...or both, on due presentment, 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 endorser who may be compelled to pay it. The "necessary proceedings on dishonor" are protest, and notice... | |
 | Law reports, digests, etc - 1910 - 1320 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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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... 
