Making Use of a BankH. Holt, 1923 - 371 sider |
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Side 18
... knows , valid ; but if the seller did not indorse , the warranty extends only to his immediate purchaser . Who- ever makes an unqualified indorsement absolutely guar- antees the validity of the instrument and obliges himself to pay it ...
... knows , valid ; but if the seller did not indorse , the warranty extends only to his immediate purchaser . Who- ever makes an unqualified indorsement absolutely guar- antees the validity of the instrument and obliges himself to pay it ...
Side 19
... know whether they executed the instrument as partners , or jointly . Presentation to any one of several partners is sufficient , but no dishonor is complete until after presentation to each of those parties who are to be held primarily ...
... know whether they executed the instrument as partners , or jointly . Presentation to any one of several partners is sufficient , but no dishonor is complete until after presentation to each of those parties who are to be held primarily ...
Side 20
... knows or might have ascertained by reasonable diligence that the maker resides elsewhere , this presumption is destroyed . " 2 Due diligence to find the party must be used ; not until then does the law excuse presentment . Death also ...
... knows or might have ascertained by reasonable diligence that the maker resides elsewhere , this presumption is destroyed . " 2 Due diligence to find the party must be used ; not until then does the law excuse presentment . Death also ...
Side 27
... knows nothing of such defects and can exact full payment from the maker or drawer , or the indorsers . The following instances will illustrate how the law works out . It is assumed that a party is a holder in due course unless it is ...
... knows nothing of such defects and can exact full payment from the maker or drawer , or the indorsers . The following instances will illustrate how the law works out . It is assumed that a party is a holder in due course unless it is ...
Side 28
... knows something of previous fraud . 30. Other negotiable instruments . -- Warehouse receipts , documents of title , bills of lading , and certificates of shares of stock are often spoken of as negotiable instruments . Strictly speaking ...
... knows something of previous fraud . 30. Other negotiable instruments . -- Warehouse receipts , documents of title , bills of lading , and certificates of shares of stock are often spoken of as negotiable instruments . Strictly speaking ...
Innhold
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Vanlige uttrykk og setninger
acceptance agent amount assets balance bank's banker bill of exchange bill of lading bonds borrower broker buyer capital and surplus cash cent certificate certificate of deposit charge City clearing house collateral collection Columbus corporation coupons Currency David Davis demand depositor directors discount documents dollars draft drawee drawer drawn farm loan Federal land bank Federal reserve act Federal reserve bank Federal Reserve Board Federal reserve system foreign funds guarantee hereby holder indorsement interest investment issue lend lender liability maturity member banks ment months mortgage national bank NATIONAL TRADERS BANK Negotiable Instruments notes notice officers owner paid paper pass book payable payment person presented profits protest purchase real estate received rediscount renter safe deposit savings sell seller signature signed statement trade Trust Company undersigned United unless withdrawal
Populære avsnitt
Side 12 - A bill of exchange is an unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand or at a fixed or determinable future time a sum certain in money to or to the order of a specified person, or to bearer.
Side 20 - ... 3. Where no place of payment is specified and no address is given and the instrument is presented at the usual place of business or residence of the person to make payment; 4.
Side 30 - A person to whom a negotiable receipt has been ' duly negotiated acquires thereby (a) such title to the goods as the person negotiating the receipt to him had or had ability to convey to a purchaser in good faith for value, and also such title to the goods as the depositor or person to whose order the goods were to be delivered by the terms of the receipt had or had ability to convey to a purchaser in good faith for value...
Side 306 - And the same shall be received at par in all parts of the United States in payment of taxes, excises, public lands and all other dues to the United States, except duties on imports ; and also for all salaries and other debts and demands owing by the United States to individuals, corporations, and associations within the United States, except interest on the public debt, and in redemption of the national currency.
Side 318 - To buy and sell, at home or abroad, bonds and notes of the United States, and bills, notes, revenue bonds, and warrants with a maturity from date of purchase of not exceeding six months, issued in anticipation of the collection of taxes or in...
Side 25 - A holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face. (2) That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact. (3) That he took it in good faith and for value. (4) That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.
Side 305 - Every person, firm, association other than national bank associations, and every corporation, State bank, or State banking association, shall pay a tax of 10 per centum on the amount of their own notes used for circulation and paid out by them.
Side 168 - But the discount of bills of exchange drawn in good faith against actually existing values, and the discount of commercial or business paper actually owned by the person negotiating the same, shall not be considered as money borrowed.
Side 309 - Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta. Chicago, St. Louis, Minneapolis, Kansas City, Dallas and San Francisco.
Side 318 - ... bills, notes, revenue bonds, and warrants with a maturity from date of purchase of not exceeding six months, issued in anticipation of the collection of taxes or in anticipation of the receipt of assured revenues by any State, county, district, political subdivision, or municipality in the continental United States, including irrigation, drainage and reclamation districts...