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" Authorizes a confession of judgment if the instrument be not paid at maturity; or 3. Waives the benefit of any law intended for the advantage or protection of the obligor; or 4. Gives the holder an election to require something to be done in lieu of payment... "
McKinney's Consolidated Laws of New York Annotated: With Annotations from ... - Side 20
av New York (State) - 1917
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The Negotiable Instruments Law

Robert Emmet Bunker, Michigan - 1905 - 392 sider
...or Second, Authorizes a confession of judgment if the instrument be not paid at maturity;8 or Third, Waives the benefit of any law intended for the advantage or protection of the obligor;4 or Fourth, Gives the holder an election to require something to be done in lieu of payment...
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The Elements of Business Law: With Illustrative Examples and Problems

Ernest Wilson Huffcut - 1905 - 360 sider
...are in use the Negotiable Instruments Law regards them as negotiable. (d) The instrument may waive the benefit of any law intended for the advantage or protection of the maker unless such waiver is forbidden by the statute creating the exemption. In some states it is allowable...
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The Negotiable Instruments Law as Enacted by the State of Ohio and Other ...

Emilius Oviatt Randall - 1906 - 238 sider
...at maturity; or 2. Authorizes a confession of judgment if the instrument be not paid at maturity; or 3. Waives the benefit of any law intended for the...the holder an election to require something to be clone in lieu of payment of money. But nothing in this section shall validate any provision or stipulation...
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The Code of Law for the District of Columbia: Enacted March 3, 1901, Amended ...

District of Columbia - 1906 - 442 sider
...Second. Authorizes a confession of judgment if the instrument be not paid at maturity ; or, Third. Waives the benefit of any law intended for the advantage or protection of the obligor; or, Fourth. Gives the holder an election to require something to be done in lieu of payment of money. But...
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Selected Cases on the Law of Negotiable Instruments

Robert Emmet Bunker - 1906 - 716 sider
...Must be Payable to Order or to Bearer. Drawee Must be Named or Otherwise Indicated. Provision Giving the Holder an Election to Require Something to be Done in Lieu of Payment of Money. Presence of Seal On Instrument. Indorsement After Dishonor Makes Instrument Payable on Demand as to...
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Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - 1907 - 1252 sider
...benot paid at maturity; or 3. Waives the benefit of any law intended for the advantage orprotection of the obligor; or 4. Gives the holder an election...validate any provision or stipulation otherwise illegal. § 25. Omissions; seal; particular money. The validity and negotiable character of an instrument are...
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Acts of the Legislature of West Virginia

West Virginia - 1907 - 710 sider
...which, Second, authorizes a confession of judgment if the instrument be not paid at maturity ; or Third, waives the benefit of any law intended for the advantage or protection of the obligor ; or Fourth, gives the holder an election to require something to be done in lieu of payment of money. But...
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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 sider
...maturity; or II. Authorizes a confession of judgment if the instrument be not paid at maturity; or III. Waives the benefit of any law intended for the advantage or protection of the obligor; or IV. Gives the holder an election to require something to be done in lieu of payment of money. But nothing...
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Richardson's Commercial Law: A Text-book for Schools, Colleges and Private ...

William Payson Richardson - 1907 - 204 sider
...maturity; or, 2. Authorizes a confession of judgment if the instrument be not paid at maturity; or, 3. Waives the benefit of any law intended for the advantage or protection of the obligor (one obligated); or, 4. Gives the holder an election to require something to be done in lieu of payment...
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Laws

Illinois - 1907 - 644 sider
...securities in case the instrument be not paid at maturity; or 2. Authorizes a confession of judgment; or 3. Waives the benefit of any law intended for the advantage or protection of the obligator; or 4. Gives the holder an election to require something to be done in lieu of payment of...
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