 | William Mack, William Benjamin Hale - Law - 1916 - 1200 pages
...accepted "* and paid,1" 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."70 This is the language of the Negotiable Instruments Law and is merely declaratory of the common... | |
 | Law reports, digests, etc - 1920 - 1092 pages
...shall be paid according to its .tenor, and that, If dishonored, and the necessary steps on dishonor are duly taken, he will pay the amount thereof to the holder or to any subsequent indorser who has been compelled, to pay it. This is the contract which was Implied by law before the statute, and,... | |
 | Law reports, digests, etc - 1923 - 1008 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 assume, of course without deciding, that the facts are, In substance, as claimed by the plaintiff.... | |
 | New York (State) - Law - 1917 - 224 pages
...at the time of his indorsement valid and subsisting. L. 1909, ch. 43 Liabilities of Parties § 116 on dishonor be duly taken, he will pay the amount...subsequent indorser who may be compelled to pay it. This section was derived from the Negotiable Instruments Law of 1897, § 116. When person deemed indorser:... | |
 | Law - 1912 - 314 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 section 130 presentment for payment is necessary in order to charge the indorser; by section 132... | |
 | North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1922 - 716 pages
...be 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 holder or to any subsequent indorser who may be held to pay it. Comp. Laws 1913, §§ 6951, 6946. The fact that a postdated check is negotiable prior... | |
 | Comparative law - 1927 - 896 pages
...both, as the case may be, according to its tenor, and that if it be dishonoured, 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... | |
 | Law reports, digests, etc - 1919 - 1826 pages
...engages that it will be paid on presentation, and if it be dishonored, and the necessary proceedings be duly taken, he will pay the amount thereof to the holder, or any subsequent indorser. The fundamental error in our former opinion was the holding that the indorsement... | |
 | New York State Bar Association - Bar associations - 1898 - 404 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 116 apparently makes a change in the law. Mr. Crawford avows that this is the case. I quote... | |
 | Pennsylvania Bar Association - Bar associations - 1899 - 410 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...amount thereof to the holder, or to any subsequent indorfer who may be compelled to pay it. instrument negotiable by delivery he incurs all the liabilities... | |
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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... 
