Page images
PDF
EPUB

INDORSEMENT-Continued.

when two or more on bill, the order in which they

are deemed to have been made.....
may be a blank or special or restrictive.

what is blank..

what is special...

what is restrictive..

when conditional the conditions may be disre-
garded and payment be valid......

prima facie deemed to be before bill overdue, ex-
cept where it bears date after maturity of bill..

INDORSER may insert in bill name of person to whom
holder may resort in case of need........
may insert express stipulation, negativing or
limiting his own liability, etc., etc.....
may waive some or all of holder's duties..
signature on blank paper delivered by signer to
be filled up as bill, may be used as signature of
indorser...

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]

contract of, in bill incomplete and revocable until
delivered

[blocks in formation]
[merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small]
[blocks in formation]

INDORSER-Continued.

notice of dishonor to be valid must at time given
be on behalf of indorser...
when notice of dishonor given by, or on behalf of
indorser it enures to benefit of others, and when
when dead, notice of dishonor must be given to
personal representative....

[blocks in formation]

as regards him, when notice of dishonor by non-
payment may be dispensed with....

[blocks in formation]
[blocks in formation]

....

who pays bill, does not thereby discharge it..
who pays bill, his rights as against acceptor and
prior parties may strike out his own indorse-
ment, etc., and again negotiate bill..
having right of recourse against party discharged
by cancellation of signature is also discharged.
subsequent to alteration of bill, is not discharged
who indorses part only of bill drawn in a set
liable only on that part..

on a demand note discharged, unless presented
for payment within reasonable time..........
INDORSERS when not discharged though bill not pre-
sented for payment without delay...
discharged on sight bill when holder does not
present for acceptance, or negotiate within
reasonable time......

56

35

57 (a)

35

57 (1)

35

[blocks in formation]

INDORSING, omission to indorse by holder transfer-
ing bill for value, his title nevertheless rests in
transferer...

[blocks in formation]

person indorsing in representative capacity may
negative personal liability....

....

31 (5)

17

INFANT, bill drawn by, effect of, in hands of, holder as

against other parties...

22 (2)

12

INLAND BILL indorsed in a foreign country, the law

......

of Canada governs as to indorsement..
drawn upon any one in Quebec, or payable or ac-
cepted therein, all parties on, except acceptor
are discharged in default of protest, etc., and of
notice thereof, etc.....

may be noted and protested when dishonored for
non-acceptance or non-payment as holder
thinks fit.....

except in province of Quebec not necessary to
note and protest such to preserve recourse
against drawer or indorser..
definition of.....

when holder may treat bill as an inland bill.....

INLAND NOTE, what is such...

INSTALMENT, when sum required to be paid in in-
stalment, sum still a sum certain....

INSTRUMENT, signature to blank paper, delivered to
be filled up as a bill, when enforceable against
party thereto prior to its completion....
after completion, if negotiated to "holder in due
course "valid for all purposes in his hands..
payable on a contingency, not a bill, and happen-
ing of event does not cure defect......
INTENTION indicated that bill be not transferred

makes it non-negotiable....

if no such intention, and payable to particular
person, bill is payable to order....

INTEREST, when sum required to be paid in, sum

still a sum certain.....

from when it runs in dated and undated bills..
INTERPRETATION OF LAW, when bill drawn in
one country payable, accepted or indorsed in
another....

INTERVENING party, cannot be made pay bill when
negotiated back to drawer, prior indorser or
acceptor....

[merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small]
[blocks in formation]

INTERVENTION of payer for honor, who it is, and

when it can be and for whom...

effect of, on all parties...

INVALID, bill not invalid because antedated, or post
dated, or dated on Sunday or non-juridical day

IRREGULAR, when presentment is irregular and ac-
ceptance refused on some other ground, pre-
sentment excused..

"ISSUE," meaning of expression...

date of, in a bill, may be filled in by holder, when
JOINT NOTES, there may be joint makers of notes,
so as to be jointly liable and not severally.....
JUSTICE OF PEACE, when he may act as notary
public...

his powers and privileges..

LAWS, conflict of.....

LEGAL HOLIDAY, when last day of grace falls on
such, then next following juridical day last day
of grace....

12

[ocr errors][ocr errors]

what are legal holidays..

LENDING, person lending his name, without receiving
value, the bill is an accommodation bill.......
LIABILITIES of any party may be renounced by

holder...

LIABILITY of drawer or indorser may be negotiated
or limited... . . . .

is sufficient to constitute a valuable consideration
for a bill..

of parties..

of "transferrer by delivery"

LIEN, holder becoming such on a bill, is holder for
value to extent of lien.....

LIQUIDATION damages, measure of damages re-
coverable when bill dishonored shall be liqui-
dated damages, and what they are........

84

48

93

52

[merged small][ocr errors]
[blocks in formation]

LOST BILL, before overdue holder may demand an-

other bill from drawer....

in action on, court may order loss not to be set
up upon getting indemnity....

MAKER of note payable at a particular place, not

discharged, because note not presented there..

[blocks in formation]

a note made by, payable to his own order, not a
note until indorsed..

82

[merged small][merged small][merged small][merged small][ocr errors][subsumed][subsumed][subsumed][merged small]
[ocr errors]

48

48

MATERIAL ALTERATION in bill, effect of, and re-

sult from.....

63

37

[blocks in formation]

which is not apparent, holder in due course may
avail himself as if no alteration....
what are material alterations in particular.

MATURITY of bill calculated on sight, bill accepted
for honor from date of protest, not from date
of accepting for honor.......

before bill matures holder may protest for better
security if acceptor becomes bankrupt or
suspends....

if bill stating place of payment is not presented
on day of maturity, acceptor not thereby dis-
charged........

if holder becomes holder of bill in his own right
at or after maturity, bill is discharged....
if at or after maturity holder renounces his
rights against acceptor, bill discharged......
renunciation must be in writing or bill delivered
up..

[blocks in formation]

at or after maturity holder may renounce his
right against any party to bill....

[blocks in formation]
[blocks in formation]
« PreviousContinue »