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" The drawer by drawing the instrument admits the existence of the payee and his then capacity to indorse; and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored, and the... "
Reports of Cases Argued and Determined in the Supreme Court of the State of ... - Side 669
av Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Frank A. Turner, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Bellinger, Charles Byron - 1916
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Cyclopedia of Law ...

Charles Erehart Chadman - 1912 - 666 sider
...be, according to its tenor, and that if it be dishonored and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. Sec. 3173l. {Liability of indorser where paper negotiable by delivery.] Where a person places his indorsement...
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Annual Reports of the War Department, Volum 4

United States. War Department - 1912 - 814 sider
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser wno may be compelled to pay it. SEC. 67. LIABILITY OF INDORSEE WHERE PAPER NEGOTIABLE BY DELIVERY....
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Handbook of the Law of Banks and Banking

Francis Buchanan Tiffany - 1912 - 732 sider
...thereby. Ante, p. 115. See "Limitation of Actions," Dec. Dig. (Key No.) § 66; Cent. Dig. § 3C6. er, or to any subsequent indorser who may be compelled to pay it. The check must be presented within a reasonable time after his indorsement (or, in states which have...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1913 - 804 sider
...according to its tenor, and that if it be dishonored^ and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volum 11

James Smith McMaster - 1908 - 800 sider
...both, as the case may be, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. Presentment for payment must be made at a reasonable hour on a business day at a proper place to the...
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Session Laws

South Dakota - 1913 - 796 sider
...according to its tenor, and that if it be dishonored,, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. But (he drawer may insert in the instrument an express stipulation negativing or limiting his own liability...
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volum 4

William Frederick Elliott - 1913 - 1180 sider
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...any subsequent indorser who may be compelled to pay it."87 "Edie v. East India Co., 2 Burr. "Castle v. Candee, 16 Conn. 223; 1216; Fawsett v. US National...
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Everyday Law: A Plain Statement of the Elementary Principles of Law ...

Frederick Hampden Bacon - 1913 - 226 sider
...and that if it be dishonored, and the necessary proceedings on dishonor taken, he will pay the amount to the holder, or to any subsequent indorser who may be compelled to pay it. A person who accepts the instrument, such as a draft, engages to pay it and admits the existence of...
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Acts and Joint Resolutions of the General Assembly of the State of South ...

South Carolina - 1914 - 734 sider
...according to its tenor; and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability...
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Handbook of the Law of Bills and Notes

Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - 1914 - 800 sider
...according to its tenor, and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof to the...any subsequent indorser who may be compelled to pay it.14 Sec. 67. Where a person places his indorsement on an instrument negotiable by delivery he incurs...
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