 | Thomas Peake - Evidence (Law) - 1824 - 838 pages
...i it seems, that a promise to accept a bill not in ene, will not amount to a legal acceptance. Und. A letter written within a reasonable time before or...exchange, describing it in terms not to be mistaken, anil promising to accept it, if she" n to the person, who afterwards takes the bill on the credit of... | |
 | Samuel Hazard - Pennsylvania - 1828 - 434 pages
...strangers. of the Supreme Court, in the case of Coolidge i«. Payson, [2 Wheaton, 66] "that the letter within a reasonable time before or after the date...accept it, is, if shown to the person who afterwards Jakes the bill on the credit of the letter, a virtual acceptance, binding the person who makes the... | |
 | James Kent - 1826-1830 - 1828 - 432 pages
...bill on the credit of it.* In Coolidge v. Payson,' all the cases were reviewed, and it was held, that a letter, written within a reasonable time before or after the date of the bill, describing it, and promising to accept of it, is, if shown to the person who afterwards takes... | |
 | Joshua Montefiore - Commercial law - 1830 - 528 pages
...dishonored, this will amount to an absolute acceptance as will also an agreement to pay at a future day. A letter written within a reasonable time before or...terms not to be mistaken, and promising to accept it if shown to a person who afterwards takes the bill on the credit of the letter, is a virtual acceptance,... | |
 | Pennsylvania - 1830 - 522 pages
...language of the Supreme Court, in the case of Coolidge vs. Payson, [2 Wheaton, 66] "that the letter within a reasonable time before or after the date...bill of Exchange, describing it in terms not to be mistaken.and promising to accept it, is, if shown to the person who afterwards takes tl«! bill on... | |
 | William Grimshaw - Commercial law - 1831 - 354 pages
...should be special, founded on the agreement. It has been determined in the Supreme Court of the US that a letter, written within a reasonable time before...after the date of a bill of exchange, describing it in intelligible terms, and promising to. accept it, if shown to a person, who afterwards takes the bill... | |
 | United States. Circuit Court (1st Circuit), William Wetmore Story - Law reports, digests, etc - 1842 - 668 pages
...(2 Wheat. R. 66) ; and upon the footing of the cases before Lord Mansfield, it was then held, that a letter, written within a reasonable time before...accept it, is, if shown to the person, who afterwards lakes the bill upon the credit of the letter, a virtual acceptance, binding the person, who makes the... | |
 | Law - 1844 - 510 pages
...other negotiable instrument, the words value received are not necessary. Ib. 15. (Acceptance of bills.) A letter written within a reasonable time before,...after, the date of a bill of exchange, describing it, and promising to accept it, is a virtual acceptance. An authority to draw several bills of exchange,... | |
 | Asa Kinne - Courts - 1853 - 538 pages
...falsehood, or the suppression of truth. — Green v. Thompson, 2 North Carolina Rep , 365. (1843.) A letter written within a reasonable time before,...after, the date of a bill of exchange, describing it, and promising to accept it, is a virtual acceptance. An authority to draw several bills of exchange,... | |
 | John Barnard Byles - Negotiable instruments - 1853 - 664 pages
...not be apprised of such letter and thereby induced to receive the bill. Read v. Marsh, 5 Mnnroe, 8. A letter written within a reasonable time before or after the date of a bill, intelligibly describing it, and promising ID accept it, is, if shown to one who takes it on the credit... | |
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Upon a review of the cases which are reported, this court is of opinion that a letter written within a reasonable time before or after the date of a bill of exchange, describing it in terms not to be mistaken, and promising to accept it, is, if shown... 
