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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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Higher Accountancy, Principles and Practice: Business law, by S. D. Hirschl

William Arthur Chase - 1911 - 542 sider
...refusal as an absolute refusal to accept, and proceed accordingly. §60a. Effect of taJring qualified acceptance. "When a qualified acceptance is taken,...take a qualified acceptance, or subsequently assent thereto."03 For example, if A draws a bill on B, payable to C, who indorses and transfers the bill...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 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...liability on the bill, unless they have expressly or implicitly authorized the holder to take a qualified acceptance, or subsequently assent thereto. When...
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United States Congressional Serial Set, Utgave 5915

1911 - 536 sider
...by nonacceptance. (2) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorser is discharged from his liability on the...
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Annual Reports of the War Department, Volum 4

United States. War Department - 1912 - 814 sider
...does not obtain an unqualified 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...
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Cyclopedia of Law ...

Charles Erehart Chadman - 1912 - 666 sider
...does not obtain an unqualified 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...
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Annual Reports of the Secretary of War, Volum 4

United States. War Department - 1912 - 810 sider
...bill as dishonored by nonacceptance. Where a qualified acceptance is taken, the drawer and mdorsers are discharged from liability on the bill, unless...subsequently assent thereto. When the drawer or an indorser receives notice of a qualified acceptance, he must, within a reasonable time, express his...
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Session Laws

South Dakota - 1913 - 796 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...or subsequently assent thereto. "When the drawer or endorser receives notice of a qualified acceptance, he must within a reasonable time express his dissent...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1913 - 804 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...expressly or impliedly authorized the holder to take ;i qualified acceptance, or subsequently assent thereto. When the drawer or endorser receives notice...
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Acts and Joint Resolutions of the General Assembly of the State of South ...

South Carolina - 1914 - 734 sider
...does not obtain an unqualified 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 Kentucky Negotiable Instruments Law: Annotated

John Cochran Miller - 1915 - 268 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...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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