 | William Frothingham Bradbury - Arithmetic - 1879 - 446 pages
...Payee, is the person to whom, or to whose order, the money is to be paid. 361. The Indorser of a Note is the person who writes his name on the back of a note, and thus becomes responsible for its payment. 362. Statements on the back of the note of the payments... | |
 | Emerson Elbridge White - Arithmetic - 1883 - 368 pages
...signs a note is its Maker; the person to whom it is payable is the Payee; and the owner is the Holder. The person who writes his name on the back of a note as security for its payment, is an Indorser. A note signed by two or more persons who are jointly liable... | |
 | Education - 1886 - 636 pages
...promised to pay me or order five huudred dollars The words or order makes this note negotiable The one who writes his name on the back of a note is called the signée he assumes the liability of transferring it in the bans of som one else to whom he sells it.... | |
 | Edward Brooks - Arithmetic - 1895 - 424 pages
...transfer it to a second party the payee writes his name on the back of it, which is called indorsing the note. The person who writes his name on the back of a note as security for its payment is called the Indorser. 2. The words "without defalcation" are required... | |
 | William Frothingham Bradbury - Arithmetic - 1895 - 398 pages
...Payee, is the person to whom, or to whose order, the money is to be paid. 36L The Indorser of a Note is the person who writes his name on the back of a note, and thus becomes responsible for its payment. 362. Statements on the back of the note of the payments... | |
 | E. Virgil Neal, C. T. Cragin - Accounting - 1900 - 172 pages
...the note, about one and one-half inches from the upper end. The effect of an indorsement is to make the person who writes his name on the back of a note responsible for its payment in case the maker fails to pay the note when it is due. If the note is... | |
 | E. Virgil Neal, C. T. Cragin - Bookkeeping - 1901 - 284 pages
...the note, about one and one-half inches from the upper end. The effect of an indorsement is to make the person who writes his name on the back of a note responsible for its payment in case the maker fails to pay the note when it is due. If the note is... | |
 | Frank Joseph Schneck - Business mathematics - 1902 - 312 pages
...writes on the back of the note, above his name, a statement of the amount received in payment. 348. The person who writes his name on the back of a note is an Indorser. 349. A note may be indorsed in one of three ways: 1. The payee may write only his name... | |
 | Lorenzo Dow Harvey - Arithmetic - 1909 - 412 pages
...and the holder o' each note. What is the face of each note ? When does it mature ? The indorser is the person who writes his name on the back of a note to transfer it, if it is made payable to his order, or to guarantee its payment in case the maker fails... | |
 | E. Virgil Neal, Charles Thompson Cragin - Banks and banking - 1909 - 168 pages
...be written about one and one-half inches from the upper end. The effect of an indorsement is to make the person who writes his name on the back of a note responsible for its payment in case the maker fails to pay the note when it is due. The indorsement... | |
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... about one and one-half inches from the upper end. The effect of an indorsement is to make the person who writes his name on the back of a note responsible for its payment in case the maker fails to pay the note when it is due. 