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" The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability... "
Annual Report of the Illinois State Bar Association - Side 117
av Illinois State Bar Association - 1899
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - 1900 - 396 sider
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1901 - 1022 sider
...does not obtain an unqualified acceptance he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken the drawer and indorsers...assent thereto. When the drawer or an endorser receives notice of a qualified acceptance he must, within a reasonable time, express his dissent to the holder,...
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Supplement to the Revised Statutes of the United States ..., Volum 2,Del 2

United States - 1901 - 934 sider
...obtain an unqualified tiesas to. acceptance he may treat the bill as dishonored by nonacceptance. Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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The Law of Promissory Notes, Drafts, Checks, Etc

Leslie Jay Tompkins - 1901 - 220 sider
...not obtain an unqualified acceptance, he may treat the draft as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...holder to take a qualified acceptance, or subsequently assented thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must,...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

District of Columbia - 1902 - 400 sider
...does not obtain an unqualified acceptance he may treat the bill a,s dishonored by nonacceptunce. Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1902 - 220 sider
...obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance (a). Where a qualified acceptance is taken, the drawer and indorsers...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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Acts of the State of Ohio, Volum 95

Ohio - 1902 - 1050 sider
...iionaocept-ance-. Where a quaJified acceptance is. taken', the drawer and inclorserp are diseharged'. from liability on the bill, unless- they have expressly...acceptance or subsequently assent thereto. When the 'Irawer or an indorser receives^ notice of a qualified . acceptance, he must, within a reasonable time,...
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Acts of the State of Ohio, Volum 95

Ohio - 1902 - 1048 sider
...drawer and indorsers andischarged from liability on the hill, unless they have expressly or impliedlv authorized the holder to take a qualified acceptance or subsequently assent thereto, \Vhen the drawer or an indorser receives notice of a qualified acceptance, he must, within a reasonable...
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A Manual for Notaries Public, Justices of the Peace and Their Employers in ...

James Tower Keen - 1903 - 288 sider
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken the drawer and indorsers...holder to take a qualified acceptance, or subsequently assented thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must...
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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - 1903 - 646 sider
..."Eng. 4 Can. B. of E. Acts. Sec. 19(2); « 14 QB (Eng.) 891 (1850). NYNIL, Sec. 229; Pa. NIL, Sec. 141. and indorsers are discharged from liability on the...subsequently assent thereto." When the drawer or an indorser of a bill receives notice of a qualified acceptance, he must, within a reasonable time, express...
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