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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... "
Laws - Side 414
av Illinois - 1907
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 276 sider
...That the instrument is at the time of his indorsement valid a'id subsisting (d). And, in addition, he engages that on due presentment, it shall be accepted...or both, as the case may be, according to its tenor (e), and that if it be dishonored, and the necessary proceedings on dishonor be duly taken, he will...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 sider
...2. 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...subsequent indorser who may be compelled to pay it. 117. Liability of indorser where paper negotiable by delivery. — Where a person places his indorsement...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 sider
...2. 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...duly taken, he will pay the amount thereof to the Arts. 7, 8 Presentment for Payment. §§ 117-119 holder, or to any subsequent indorser who may be compelled...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 sider
...indorsement valid and subsisting. And, in addition, he engages that on due presentment, it shall bo accepted or paid, or both, as the case may be, according...subsequent indorser who may be compelled to pay it. Nat. Park Bank v. Seaboard Nat. Bank, 114 NY 28, 11 Am. St. Rep. 612, 20 NE 632; US v. Amer. Exeh....
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The Law of Deposits

Fred William Weitzel - 1910 - 156 sider
...endorsement valid and subsisting and that it will be accepted or paid, or both, on due presentment, according to its tenor, and that if it be dishonored,...amount thereof to the holder, or to any subsequent endorser who may be compelled to pay it. The "necessary proceedings on dishonor" are protest, and notice...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 sider
...That the instrument is at the time of his indorsement valid and subsisting.14 And, in addition, he engages that on due presentment, it shall be accepted...the case may be, according to its tenor, and that if ii be dishonored, and the necessary proceedings on dishonor be duly taken, he will pay the amount thereof...
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The New York Supplement, Volum 123

1910 - 1320 sider
...by drawing the instrument engages that on due presentation the instrument will be accepted and paid, and that if it be dishonored, and the necessary proceedings...taken, he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set, the bill itself is discharged, and therefore...
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American Law and Procedure, Volum 7

James Parker Hall, James De Witt Andrews - 1910 - 484 sider
...the instrument . . . engages that on due presentment the instrument will be accepted or paid or botn, according to its tenor, and that if it be dishonored,...on dishonor be duly taken, he will pay the amount (2) Sec. 70. (3) Sec. 70. thereof to the holder, or to any subsequent indorser who may be compelled...
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The New York Supplement, Volum 123

1910 - 1318 sider
...by drawing the instrument engages that on due presentation the instrument will be accepted and paid, and that if it be dishonored, and the necessary proceedings...taken, he will pay the amount thereof to the holder. If the drawee pays one part of a bill drawn in a set, the bill itself is discharged, and therefore...
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American Law and Procedure, Volum 7

James Parker Hall, James De Witt Andrews - 1910 - 484 sider
...the instrument . . . engages that on due presentment the instrument will be accepted or paid or botn, according to its tenor, and that if it be dishonored,...on dishonor be duly taken, he will pay the amount (2) Sec. 70. (3) Sec. 70. (3a) Hills v. Place, 48 NY 520. thereof to the holder, or to any subsequent...
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