| North Carolina. Supreme Court - 1905 - 922 sider
...distinction between persons primarily liable and those secondarily liable on commercial paper. "The person primarily liable on an instrument is the person...the same. All other parties are secondarily liable." Section 2342. A surety comes squarely within the definition of a person whose liability is ROUSE v.... | |
| Ohio. Supreme Court - 1910 - 748 sider
...discharge a simple contract for the payment of money, etc., and defining a person primarily liable as one who by the terms of the instrument is absolutely required to pay the same, etc., an accommodation maker of a note is not relieved from liability by an extension of time of payment... | |
| 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 instrument was discharged. Section 192 makes a person primarily liable on the instrument •who by the terms of the instrument is absolutely required to pay it. And by section 29 an accommodation party in fact is liable on the instrument to the holder notwithstanding... | |
| 1908 - 1282 sider
...section 3000al92, Code Supp. 1907, the negotiable Instruments act. It Is In the following language: "The person 'primarily' liable on an Instrument is the...the same. All other parties are secondarily liable." Section 3060al20 of the same act provides that a person "secondarily liable" on a note Is discharged... | |
| 1910 - 1168 sider
...sections and give effect only to section 58. Our conclusion Is further fortified by section 192: "The person 'primarily' liable on an instrument is the...terms of the Instrument Is absolutely required to pay same. All other persons are 'secondarily' liable." Page 373. This section not only fixes an absolute... | |
| 1917 - 1232 sider
...PURCHASKR — PERSONAL LIABILITY. Under Rem. Code, § 3409, as to negotiable instruments, providing that no person is liable on the instrument whose signature does not appear thereon, one who has orally contracted to assume a mortgage as part of the purchase price of land is not liable... | |
| 1908 - 1168 sider
...negotiable instrument must be in writing, and signed by the maker or drawer. The person primarily liable Is the person who, by the terms of the Instrument, is absolutely required to pay the same, all others being secondarily liable. A person placing his signature upon an instrument otherwise than as... | |
| 1908 - 1134 sider
...ABE INDORSEES. Nee. Inst. Act (Pub. Laws 189C-1900, p. 84, c. 674) art. 1, § 3. provides that the person "primarily" liable on an instrument is the person who, by the terms thereof, is absolutely required to pay the same, and that all other parties are "secondarily" liable.... | |
| 1917 - 914 sider
...official edition, prepared and recommended by the Conference of Commissioners on Uniform State Laws.) "The person 'primarily' liable on an instrument is the...same. All other parties are 'secondarily' liable." 21 And following are the provisions (sections 119 and 120 of the Act) for discharge of negotiable instruments:... | |
| Virginia - 1899 - 724 sider
...includes printed, and "writing" includes print. §192. PERSON PRIMARILY LIABLE ON INSTRUMENT.— The person "primarily" liable on an instrument is the...same. All other parties are "secondarily " liable. §193. REASONABLE TIME; WHAT CONSTITUTES. — In determining what is a " reasonable time " or an "unreasonable... | |
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