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... The Pacific Reporter - Página 2881914Vista completa - Acerca de este libro
| Virginia - 1899 - 724 páginas
...recourse against such party is expressly reserved. $121. RIGHT OF PARTY WHO DISCHARGED INSTRUMENT. — Where the instrument is paid by a party secondarily...again negotiate the instrument, except — 1. Where it is payable to the order of a third person and has been paid by the drawer ; and 2. Where it was made... | |
| 1915 - 880 páginas
...due course, and sued the maker. The Uniform Negotiable Instruments Law, section 121, provides that, "where the instrument is paid by a party secondarily...to his former rights as regards all prior parties." Held, that the plaintiff can recover on the note, and that section 121 of the Uniform Negotiable Instruments... | |
| Maryland - 1898 - 700 páginas
...enforce the instrument, unless the right of recourse against such party is expressly reserved. 140. Where the instrument is paid by a party secondarily...again negotiate the instrument, except : 1. Where it is payable to the order of a third person, and has been paid by the drawer ; and 2. Where it was made... | |
| 1921 - 1048 páginas
...(Consol. Laws, c. 38) it is provided that, with certain exceptions which are not pertinent to this case, where the instrument is paid by a party secondarily...subsequent indorsements and again negotiate the instrument. Here the drawer and indorser, a party secondarily liable, after payment of the amount of the acceptance... | |
| New York (State). Supreme Court. Appellate Division - 1901 - 774 páginas
...averred in the complaint. It is provided by the Negotiable Instruments Law (Laws of 1897, chap. 612) that where the instrument is paid by a. party secondarily liable thereon, it is not discharged (§ 202), and in other sections of the act it is provided how and when such instruments are discharged.... | |
| Iowa. General Assembly. House of Representatives - 1897 - 1164 páginas
...secondarily liable, or unless the right of recourse against such party is expressly reserved. Sec. 128. Where the instrument is paid by a party secondarily...again negotiate the instrument, except: 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where it was made... | |
| Florida - 1897 - 426 páginas
...secondarily liable, or unless the right of recourse against such party is expressly reserved. SEC. 121. Where the instrument is paid by a party secondarily...again negotiate the instrument, except: 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where it was made... | |
| New York (State) - 1897 - 996 páginas
...recourse against such party is expressly reserved; § 202. Eight of party who discharges instrument. — Where the instrument is paid by a party secondarily...again negotiate the instrument, except : 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where it was made... | |
| Colorado - 1897 - 394 páginas
...is paid by a dorser no dis- party secondarily liable thereon, it is not discharged; charge. j^t. ^e party so paying it is remitted to his former rights...again negotiate the instrument, except: 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where it was made... | |
| Colorado - 1897 - 434 páginas
...a dorser no dis- party secondarily liable thereon, it is not discharged; charge. jj^ ^Qe parj;y go paying it is remitted to his former rights as regards...again negotiate the instrument, except: 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where it was made... | |
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