 A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check.  Miscellaneous Reports. Cases Decided in the Courts of Record of the State of ... - Side 69av New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1918Uten tilgangsbegrensning - Om denne boken
 | West Virginia - 1907 - 710 sider
...is certified by the bank on which it is drawn, the certification is equivalent to an acceptance. ed or certified, the drawer and all indorsers are discharged from liability thereon. Sec. 189. A check of itself does not operate as an assignment of any part of the funds to the credit... | |
 | Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance. 2 Sec. 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. 2 Sec. 189. A check of itself does not operate as an assignment of any part of the funds to the credit... | |
 | Albert Hutchinson Putney - 1908 - 396 sider
...certification is equivalent to an acceptance. [CERTIFICATION DISCHARGES ALL DRAWERS AND INDORSERS.] § 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. [CHECK DOES NOT OPERATE AS ASSIGNMENT OF FUND UNTIL ACCEPTANCE.] § 189. A check of *Noto. — As per... | |
 | John Jay Crawford - 1908 - 276 sider
...Bank, 94 App. Div. (NY) 331. § 324. Effect where the holder of check procures it to be certified.— Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon (a). (a) See Minot v. Russ, 156 Mass. 458; Metropolitan Bank v. Jones, 137 1ll. 634; Meridian Nat.... | |
 | John Jay Crawford - 1908 - 366 sider
...Bank, 94 App. Div. (NY) 331. § 324. Effect where the holder of check procures it to be certified. — Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon (a). (a) See Minot v. Rues, 156 Mass. 458; Metropolitan Bank v. Jones, 137 I11. 634 ; Meridian Nat.... | |
 | Albert H. Putney - 1908 - 394 sider
...certification is equivalent to an acceptance. [CERTIFICATION DISCHARGES ALL DRAWERS AND INDORSERS.] § 188. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. [CHECK DOES NOT OPERATE AS ASSIGNMENT OF FUND UNTIL ACCEPTANCE.] § 189. A check of *Note. — A«... | |
 | Joseph Doddridge Brannan - 1908 - 276 sider
...certified by the bank on which it is drawn, the certification is equivalent to an acceptance.2 Sec. 1 88. Where the holder of a check procures it to be accepted...drawer and all indorsers are discharged from liability thereon.2 Sec. 189. A check of itself does not operate as an assignment of any part of the funds to... | |
 | Connecticut. Bank Commissioners - 1908 - 500 sider
...equivalent to an acceptance. § 4358. Discharge Of liability. Where the holder of a i897, ch.74, sm check procures it to be accepted or certified, the...all indorsers are discharged from liability thereon. § 4359. Check not an assignment. A check of itself м does not operate as an assignment of any part... | |
 | New York (State) - 1909 - 926 sider
...am'd by L. 1898, ch. 336, § 29. § 324. Effect where holder of check procures it to be certified. Where the holder of a check procures it to be accepted...all indorsers are discharged from liability thereon. Formerly L. 1897, ch. 612, § 324. § 325. When check operates as an assignment. -A check of itself... | |
 | Institute of Bankers (Great Britain) - 1909 - 718 sider
...is drawn, the certification is equivalent to accept" ance." Sec. 324. "Where the holder of a cheque procures it to be '' accepted or certified the drawer...indorsers are "discharged from liability thereon." As you are aware, the effect of marking cheques for payment in England is by no means clear, as will... | |
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