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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 Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 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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International Conference on Bills of Exchange: Message from the President of ...

United States. Delegation to the International conference on bills of exchange, The Hague, 1910 - 1911 - 526 sider
...of view. (2) New York law, section 24 (4), expressly validates instruments which " give the holders an election to require something to be done in lieu of payment of money," eg, to take payment in money or in corporation stock at his option. This seems a lax rule, but it is...
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United States Congressional Serial Set, Utgave 5915

1911 - 536 sider
...of view. (2) New York law, section 24 (4), expressly validates instruments which " give the holders an election to require something to be done in lieu of payment of money," eg, to take payment in money or in corporation stock at his option. This seems a lax rule, but it is...
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Cyclopedia of Law ...

Charles Erehart Chadman - 1912 - 666 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...validate any provision or stipulation otherwise illegal. Sec. 3171e. [Omissions; seal; particular money.] The validity and negotiable character of an instrument...
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Annual Reports of the War Department, Volum 4

United States. War Department - 1912 - 814 sider
...maturity; or (6) Authorizes a confession of judgment if the instrument be not paid at maturity; or (c) Waives the benefit of any law intended for the advantage or protection of the obligor; or (d) Gives the holder an election to require something to be done in lieu of payment of money. But nothing...
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Annual Reports of the Secretary of War, Volum 4

United States. War Department - 1912 - 810 sider
...maturity; or (6) Authorizes a confession of judgment if the instrument be not paid at maturity; or (c) Waives the benefit of any law intended for the advantage or protection of the obligor; or (d) Gives the holder an election to require something to be done in lieu of payment of money. But nothing...
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The Pacific Reporter, Volum 126

1912 - 1172 sider
...the negotiable character of an instrument otherwise negotiable is not affected by a provision which waives the benefit of any law Intended for the advantage or protection of the obligor (section 3308, Revised Stats.), and the sum payable is a sum certain, within the meaning of the law...
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volum 4

William Frederick Elliott - 1913 - 1180 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...shall validate any provision or stipulation otherwise illegal.""0 § 3378. Provision for attorney's fees and costs of collection. — The Negotiable Instruments...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1913 - 804 sider
...Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2. Gives the holder an election to require something...validate any provision or stipulation otherwise illegal. § 6. The validity and negotiable character of an instrument are not affected by the fact that: 1....
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Session Laws

South Dakota - 1913 - 796 sider
...Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2. Gives the holder an election to require something...validate any provision or stipulation otherwise illegal. § 6. The validity and negotiable character of an instrument are not affected by the fact that : 1....
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