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" By a valid tender of payment made by a prior party; 5. By a release of the principal debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend the time... "
The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ... - Side 161
av Alfred William Bays - 1911 - 208 sider
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volum 81

Ohio. Supreme Court - 1910 - 748 sider
...debtor, unless the holder's right of recourse against the party secondarily liable is expressly reserved; 6. By any agreement binding upon the holder to extend...the instrument, unless made with the assent of the person secondarily liable, or unless the right of recourse against such party is expressly reserved."...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volum 34

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1909 - 588 sider
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. VI. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved." Section 192: 'The person 'primarily' liable on an Instrument Is a person who by the terms of the instrument...
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Atlantic Reporter, Volum 92

1915 - 1138 sider
...provides inter alia that: "A person secondarily liable on the instrument is discharged: * * * Ну any agreement binding upon the holder to extend the...recourse against such party is expressly reserved." This was simply declaratory of the existing law. It is settled that, if after maturity and for a considération...
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Atlantic Reporter, Volum 67

1908 - 1134 sider
...Instruments act (section 128, subd. 6): "A person secondarily liable on the instrument is discharged: * * * (6) By any agreement binding upon the holder to extend...secondarily liable, or unless the right of recourse against said party Is expressly reserved." We agree with the superior court that the promise not to press the...
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Atlantic Reporter, Volum 66

1907 - 1166 sider
...holder's right of recourse against the party secondarily liable Is expressly reserved; (6) by aiiy agreement binding upon the holder to extend the time...the holder's right to enforce the Instrument unless the right of recourse against such party Is expressly reserved." Since the passage of the negotiable...
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The Southwestern Reporter, Volum 179

1916 - 1404 sider
...Instruments Laws provides that a person secondarily liable on the Instrument Is discharged (subsection 6) by any agreement binding upon the holder to extend...recourse against such party is expressly reserved in the original instrument. A guarantor Is secondarily liable. Section 191, Negotiable Instruments...
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The Southwestern Reporter, Volum 175

1915 - 1328 sider
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. "(0) By any agreement binding upon the holder to extend...recourse against such party is expressly reserved in the original instrument." The act thus specifies how the Instrument, and consequently the parties...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 sider
...unless the holder's right of recourse against the party secondarily liable is expressly reserved. (5. By any agreement binding upon the holder to extend...recourse against such party is expressly reserved. $121. RIGHT OF PARTY WHO DISCHARGED INSTRUMENT. — Where the instrument is paid by a party secondarily...
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Harvard Law Review, Volum 30

1917 - 914 sider
...the Negotiable Instruments Law provides for the discharge of an indorser "by any agreement binding on the holder to extend the time of payment or to postpone the holder's right to enforce the instrument." The holder later sues an accommodation indorser. Held, that he may recover. Brosemer v. Brosemer, 162...
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The Southwestern Reporter, Volum 171

1915 - 1336 sider
...Instruments Law (Acts 189У, c. 94) § 1120, subd. 0, providing that a party secondarily liable is discharged by any agreement binding upon the holder to extend the time of payment, unless made with the assent of the party secondarily liable, or unless the right of recourse against...
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