 | 1916 - 506 strani
...maker of a negotiable instrument, by making it engages that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse." This statutory provision has been so construed by the courts of several jurisdictions. Young v. Gaus,... | |
 | 1910 - 1168 strani
...maker of a negotiable instrument by making it engages that he will pay It according to its tenor, and admits the existence of the payee and his then capacity to indorse." Page 351. When construed in the light of these sections, section 58 cannot be made to bear the construction... | |
 | Edmund Powell, John Cutler, Edmund Fuller Griffin - 1885 - 772 strani
...indorsement." By sect. 55, the drawer of a bill " is precluded from denying to a holder in due course the existence of the payee and his then capacity to indorse;" and the indorser of a bill, by indorsing it, " is precluded from denying to a holder in due course the... | |
 | Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - 1916 - 776 strani
...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 duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be... | |
 | Maryland - 1898 - 700 strani
...of a negotiable instrument, by making it, engages that he will pay it according to its tenor ; and admits the existence of the payee and his then capacity to indorse. 80. The drawer by drawing the instrument admits the exist- , ence of the payee and his then capacity... | |
 | Colorado - 1897 - 394 strani
...of the payee and his then capacity to indorse. Sec. 61. The drawer by drawing the instru- same, ment admits the existence of the payee and his then capacity...on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored, and the necessary proceedings... | |
 | Colorado - 1897 - 434 strani
...negotiable instrument Liability of by making it engages that he will pay it according makerto its tenor; and admits the existence of the payee and his then capacity to indorse. Sec. 61. The drawer by drawing the instru- same. ment admits the existence of the payee and his then... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1164 strani
...maker of a negotiable instrument by making it engages that he will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. Sec. 68. The drawer by drawing the instrument admits the existence of the payee and his then capacity... | |
 | New York (State) - 1897 - 996 strani
...maker of a negotiable instrument by making it engages that h» will pay it according to its tenor; and admits the existence of the payee and his then capacity to indorse. § 111. Liability of drawer. — The drawer by drawing the instrument admits the existence of the payee... | |
| |
The maker of a negotiable instrument by making it engages that he will pay it according to its tenor, and admits the existence of the payee and his then capacity to indorse. 
