 The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance ; and admits — 1. The existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the instrument; and...  The Southwestern Reporter - Seite 981919Vollansicht - Über dieses Buch
 | Illinois. Supreme Court - 1922 - 700 Seiten
...acceptor of a negotiable instrument under section 62 of the Negotiable Instruments law, which provides: "The acceptor by accepting the instrument engages...genuineness of his signature, and his capacity and anthority to draw the instrument; and, 2. the existence of the payee and his then capacity to endorse."... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 Seiten
...exchange by Acceptor's the fact of acceptance conclusively admits and warrants to a bond fide holder — (1.) The existence of the drawer, the genuineness...of his signature, and his capacity and authority to draw.0 ILLUSTRATIONS. 1. A bill purporting to be drawn by A. on B. in favour of C. is accepted by B.... | |
 | American Bar Association - 1887 - 460 Seiten
...the bill is presented to the drawee. SEC. 54. That the acceptor of a bill, by accepting it — (1) Engages that he will pay it according to the tenor of his acceptance. (2) Is precluded from denying to a holder in due course — (a) The existence of the drawer, the genuineness... | |
 | 1921 - 2116 Seiten
...equivalent to acceptance, so far as the rights of the drawee or acceptor are concerned. Section 62 provides the acceptor, by accepting the instrument, engages...according to the tenor of his acceptance and admits: "The existence of the drawer, the genuineness of his signature and his capacity and authority to draw... | |
 | 1908 - 1082 Seiten
...— " The acceptor of a bill, by accepting it, is precluded from denying to a holder in due course, the existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the bill." We thus arrive at the substantial difference between the two cases. When the forgery... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 Seiten
...general and qualified acceptances. (2.) Is precluded from denying to a holder in due course — (#.) The existence of the drawer, the genuineness of his signature, and his capacity and authority to draw the bill : (£.) In the case of a bill payable to drawer's order, the then capacity of the drawer... | |
 | W. D. Thorburn - 1882 - 316 Seiten
...Mor. 1465. 54. The acceptor of a bill, by accepting it — • Liability of 1 J ' ° acceptor. (1.) Engages that he will pay it according to the tenor of his acceptance (a) : (2.) Is precluded from denying to a holder in due course (6) : (a.) The existence of the drawer,... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 Seiten
...presented to the drawee. Liability of Acceptor. 54. The acceptor of a bill, by accepting it — (1.) Engages that he will pay it according to the tenor of his acceptance : (2.) Is precluded from denying to a holder in due course : (a.) The existence of the drawer, the... | |
 | India, Patrick Dunlop Shaw - 1882 - 362 Seiten
...time when the bill is presented to the drawer. 54. The acceptor of a bill, by accepting it — (1.) Engages that he will pay it according to the tenor of his acceptance : (2.) Is precluded from denying to a holder in due course : (a.) The existence of the drawer, the... | |
 | Great Britain - 1882 - 574 Seiten
...bill is presented to the drawee. 54. The acceptor of a bill, by accepting it — Liability of (1.) Engages that he will pay it according to the tenor of his acceptor. acceptance : (2.) Is precluded from denying to a holder in due course : (a.) The existence... | |
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