 A negotiable instrument is discharged: 1. By payment in due course by or on behalf of the principal debtor; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation ; 3. By the intentional cancellation...  Acts of the State of Ohio - Side 186av Ohio - 1902Uten tilgangsbegrensning - Om denne boken
 | Ohio. Supreme Court - 1910 - 748 sider
...provision of the fourth paragraph of section 3175; to the effect that the instrument may be discharged "by any other act which will discharge a simple contract for the payment of money," affect the present issue. As before stated, if the instrument itself is discharged all parties are... | |
 | 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
...discharged: I. By payment in due course by or on behalf of the principal debtor. II. By payment in due course by the party accommodated where the instrument is made or accepted for accommodation. III. By the intentional cancellation thereof by the holder. IV. By any other act which will discharge... | |
 | 1918 - 1214 sider
...section 3509, Rem. & Bal. Code, which provides that a negotiable instrument is discharged when the debtor becomes the holder of the instrument at or after maturity, in his own right. This statutory provision Is only intended for the protection of parties to the Instrument, as to a... | |
 | 1907 - 1166 sider
...discharged : (1) By payment in due course by or on behalf of the principal debtor; (2) by payment in due course by the party accommodated, where the Instrument...instrument at or after maturity in his own right." Section 139: "A person secondarily liable on the instrument Is discharged: (1) By any act which discharges... | |
 | 1915 - 1328 sider
...discharged : "(1) By payment in due course by or on behalf of the principal debtor. "(2) By payment in due course by the party accommodated, where the instrument...instrument at or after maturity in his own right. "Sec. 120. A person secondarily liable on the instrument is discharged: "(1) By an act which discharges the... | |
 | 1917 - 914 sider
...discharged: " (i) By payment in due course by or in behalf of the principal debtor; " (2) By payment in due course by the party accommodated, where the instrument...instrument at or after maturity in his own right. "A person secondarily liable on the instrument is discharged: " (i) By any act which discharges the... | |
 | Virginia - 1899 - 724 sider
...discharged — 1. By payment in due course by or on behalf of the principal debtor. 2. By payment in due course by the party accommodated where the instrument...instrument at or after maturity in his own right. § 120. WHEN PERSON SECONDARILY LIABLE ON DISCHARGED. — A person secondarily liable on the instrument... | |
 | 1913 - 1356 sider
...discharged : "1. By payment In due course, by or on behalf of the principal debtor; "2. By payment in due course, by the party accommodated, where the Instrument...discharge a simple contract for the payment of money ; "6. When the principal debtor becomes the bolder of the Instrument at or after maturity In his own... | |
 | Maryland - 1898 - 700 sider
...discharged : 1. By payment in due course by or on behalf of the principal debtor : 2. By payment in due course by the party accommodated, where the instrument...instrument at or after maturity in his own right. 139. A person secondarily liable on the instrument is discharged : 1. By any act which discharges the... | |
 | 1906 - 1408 sider
...the negotiable instruments law provides, by subdivision 5, that a negotiable instrument is discharged "when the principal debtor becomes the holder of the...instrument at or after maturity in his own right," and it was the rule at common law that, in the absence of fraud or mistake alleged and proven, a cancellation... | |
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