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" And, in addition, he engages that on due presentment, it shall be accepted or paid, or both, as the case may 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... "
Miscellaneous Reports. Cases Decided in the Courts of Record of the State of ... - Side 69
av 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) - 1918
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volum 3

Joseph Fitz Randolph - 1899 - 1068 sider
...capacity to indorse; and engages that on duipresentment the instrument will be accepted and paid, or both, according to its tenor, and that if it be dishonored,...on dishonor be duly taken, he will pay the amount there of to the holder, or to any subsequent indorser who may be compelled to pay it. But the drawer...
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Keister's Wall Street Business Manual: A Hand Book for Everybody

David Armel Keister - 1900 - 166 sider
...warrants to all subsequent holders, that at the time of his indorsement the instrument was valid, and that on due presentment, it shall be accepted or paid, or both as the case may be and that if it be dishonored, he will pay the amount to the holder, or to any subsequent indorser,...
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Supplement to the Revised Statutes of the United States ..., Volum 2,Del 2

United States - 1901 - 934 sider
...Second. That the instrument is at the time of his indorsement valid and subsisting. And, in addition, he engages that on due presentment it shall be accepted...dishonored and the necessary proceedings on dishonor l>e duly taken, he will pay the amount thereof to the holder or to any subsequent indorser who may...
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One Thousand Questions and Answers in Business Law: A Plain, Practical and ...

1901 - 242 sider
...the extent of the drawer's liability? The drawer warrants that the bank will pay the check on demand and that, if it be dishonored and the necessary proceedings...taken, he will pay the amount thereof to the holder. 149. When should the holder present a check for payment? When the payee and the drawee bank are in...
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Report of the Commissioners for Consolidating and Arranging the ..., Deler 1-74

Massachusetts. Commissioners for Consolidating and Arranging the Public Statutes - 1901 - 692 sider
...MS. 144 Mass. soe. 7 And, in addition, he engages that on due presentment it shall be i pick. 401. 8 accepted or paid, or both, as the case may be, according to its tenor, 'f Mctl'sif"' 9 and that if it is dishonored, and the necessary proceedings on dis- )4(i Mass- 48flhonor...
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Official Gazette, Volum 87,Utgave 43

Philippines - 1991 - 496 sider
...is at the time of his indorsement valid and subsisting; (e) That on due presentment, the instrument shall be accepted or paid or both, as the case may be, according to its tenor; and OFFICIAL GAZETTE VOL. 87, No. 43 (f) That if the instrument be diehorrn-ed. and the necessary proceedings...
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Acts of the State of Ohio, Volum 95

Ohio - 1902 - 1048 sider
...instrument will be accepted and paid, or both, according to its tenor, and that if it be dishonoredand the necessary proceedings on dishonor be duly taken he will pay the amount thereof to tlfe holder, or to any subsequent indorser who may be compelled to pay it. But ] drawer may insert...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1902 - 220 sider
...indorsement valid and subsisting (&). And, in addition, he engages that on due presentment, it shall l>e accepted or paid, or both, as the case may be, according to its tenor (c), and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will...
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General Laws of the State of Idaho ...

Idaho - 1903 - 494 sider
...to indorse, and engages that in due presentment the. instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored,...amount thereof to the holder, or to any subsequent endorser who may he compelled to pay it. But the drawer may insert in the instrument an express stipulation...
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A Treatise on the Law of Negotiable Instruments, Volum 2

John Warwick Daniel, Charles Alexander Douglass - 1903 - 1034 sider
...to indorse: and engages that on due presentment the instrument will be accepted and* paid, or both, according to its tenor, and that if it be dishonored...necessary proceedings on dishonor be duly taken, he will pav the amount thereof to the holder, or to any subsequent indorser who may be compelled to pay it....
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