 The instrument is payable to bearer — 1. When it is expressed to be so payable; or 2. When it is payable to a person named therein or bearer; or 3. When it is payable to the order of a fictitious or nonexisting person, and such fact was known to the...  Harvard law review - Page 371902Full view - About this book
 | Joseph Doddridge Brannan - Bills of exchange - 1911 - 330 pages
...point of form, but in substance. SECTION 9-3 declares an instrument to be payable to bearer, although it is " payable to the order of a fictitious or non-existing person." Such a rule ignores the tenor of the instrument ; nor is 1 Third Bank v. Spring, 28 NY Misc. Rep. 9.... | |
 | Wisconsin - Session laws - 1945
...assembly, do enact as follows: SECTION 1. 116.13 (3) of the statutes is amended to read: 116.13 (3) When it is payable to the order of a fictitious or nonexisting or living person not intended to have any interest in it, and such fact was known to the person making... | |
 | Francis Buchanan Tiffany - Banking law - 1912 - 669 pages
...check or as to defects in his title.88 The Negotiable Instruments Law provides that an instrument is payable to bearer "when it is payable to the order...fact was known to the person making it so payable." 70 The bank must observe the order in respect to the time of payment.71 If the check be postdated,... | |
 | United States. War Dept - 1912
...is expressed to be so payable; or (6) When it is payable to a person named therein or bearer; or (c) When it is payable to the order of a fictitious or...fact was known to the person making it so payable; or (d) When the name of the payee does not purport to be the name of any person; or (e) When the only... | |
 | Charles Erehart Chadman - Law - 1912
...is expressed to be so payable; or 2. When it is payable to a person named therein or bearer; or 3. When it is payable to the order of a fictitious or...fact was known to the person making it so payable; or 4. When the name of the payee does not purport to be the name of any person ; or 5. When the only... | |
 | United States. War Department - 1912
...person named therein or bearer; or (c) When it is payable to the order of a fictitious or npnexisting person, and such fact was known to the person making it so payable; or (d) When the name of the payee does not purport to be the name of any person; or (e) When the only... | |
 | James Smith McMaster - 1907
...draft. An instrument is payable to bearer not only when it is so expressed on its face, but also ' when it is payable to the order of a fictitious or...fact was known to the person making it so payable.' Neg. Inst. Law, Laws 1897, p. 724, c. 612, par. 28, subd. 3. To bring the draft within the provisions... | |
 | William Frederick Elliott - Contracts - 1913
...is expressed to be so payable; or (2) when it is payable to a person named therein or bearer; or (3) when it is payable to the order of a fictitious or...fact was known to the person making it so payable; or (4) when the name of the payee does not purport to be the name of any person; or (5) when the only... | |
 | South Dakota - Session laws - 1913
...is expressed to be so payable; or 2. When it is payable to a person named therein or bearer; or 3. When it is payable to the order of a fictitious or...fact was known to the person making it so payable; or 4. When the name of the payee does not purport to be the name of any person ; or 5. When the only... | |
 | Samuel Williston - Commercial law - 1913 - 250 pages
...provides that an instrument is payable to bearer not only when it is so payable on its face, but also when it is payable to the order of a fictitious or nonexisting person, known by the maker to be such, or when the payee does not purport to be the name of any person, as... | |
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