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" Where the instrument is paid by a party secondarily liable thereon it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties, and he may strike out his own and all subsequent indorsements, and again... "
Report of the Board of Statutory Consolidation: Insurance law to Partnership law - Stran 3805
avtor: New York (State). Board of Statutory Consolidation - 1907
Celotni ogled - O knjigi

The Pacific Reporter, Količina 138

1914 - 1246 strani
...by a party secondarily liable thereon, It Is not discharged ; but the party so paying it Is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated." KorUemas v. Macksoud, 131 App. Div. T¿8, 116 NY Hupp. 85, and Braunan's Negotiable Instruments Law,...
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The Pacific Reporter, Količina 142

1914 - 1230 strani
...discharged, but the parly so paying it is remitted to his former rights, as regards all prior partios, and he may strike out his own and all subsequent indorsements...it was made or accepted for accommodation and has beer p:iid bv the party accommodated." Gen. Stat 1909, f 5374. It Is plain that the expression "remitted...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 strani
...by a party secondarily liable thereon it is not discharged, but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation and has been paid by the party accommodated. § 122. RENUNCIATION BY HOLDER. — The holder may expressly renounce his rights against any party...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 strani
...by a party secondarily liable thereon, it is not discharged ; but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. 141. The holder may expressly renounce his rights against any party to the instrument, before, at,...
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The New York Supplement, Količina 188

1921 - 1048 strani
...by a party secondarily liable thereon it is not discharged ; but the party so paying it is remitted to his former rights as regards all prior parties,...subsequent indorsements and again negotiate the instrument. Here the drawer and indorser, a party secondarily liable, after payment of the amount of the acceptance...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 strani
...by a party secondarily liable thereon, it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. Sec. 129. The holder may expressly renounce his rights against any party to the instrument, before,...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 394 strani
...party secondarily liable thereon, it is not discharged; charge. j^t. ^e party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. Sec. 122. The holder may expressly renounce Holder may re- ,._.,, . , I .i • , v, lease his claim...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - 1897 - 426 strani
...by a party secondarily liable thereon, it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties,...it was made or accepted for accommodation, and has beea paid by the party accommodated. SEC. 122. The holder may expressly renounce his rights against...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 strani
...secondarily liable thereon it is not discharged ; but wnenapffddbv the party so paying it is remitted to his former rights as regards all prior parties,...indorsements, and . again negotiate the instrument, except : 27 2. Where it was made or accepted for accommodation, and has been paid by the party accommodated....
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 strani
...secondarily liable thereon, it is par™. ar' not discharged ; but the party so paying it is remitted to his former rights as regards all prior parties,...accommodation, and has been paid by the party accommodated. NOTE — In an action by the iudorser of a bill of exchange (who has been compelled to pay the same)...
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