| Joseph Doddridge Brannan - Bills of exchange - 1911 - 372 pages
...for value.7 The Illinois Act omits the words "to whom it is shown and" in the third line. SEC. 135. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill... | |
| United States. War Department - 1912 - 814 pages
...thereof, receives the bill for value. SEC. 135. PROMISE TO ACCEPT; WHEN EQUIVALENT TO ACCEPTANCE. — An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill... | |
| Charles Erehart Chadman - Law - 1912 - 666 pages
...thereof, receives the bill for value. Sec. 3175z. [Promise to accept; when equivalent to acceptance.] An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill... | |
| United States. War Department - 1912 - 810 pages
...thereof, receives the bill for value. SEC. 135. PROMISE TO ACCEPT; WHEN EQUIVALENT TO ACCEPTANCE. — An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill... | |
| William Frederick Elliott - Contracts - 1913 - 1180 pages
...unless, however, he has previously agreed to pay the bill.81 The Negotiable Instruments Law provides that, "An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill... | |
| Lawyers - 1907 - 1848 pages
...to notice of the assignment or transfer. Acceptances of bills of exchange must be in writing ; but an unconditional promise in writing to accept a bill...before it is drawn amounts to an actual acceptance ; and any person upon whom a bill of exchange is drawn and to whom it is delivered for acceptance,... | |
| Lawyers - 1906 - 1874 pages
...to notice of the assignment or transfer. Acceptances of bills of exchange must be in writing ; but an unconditional promise in writing to accept a bill...before it is drawn amounts to an actual acceptance ; and any person upon whom a bill of exchange is drawn and to whom it in delivered for acceptance,... | |
| Court calendars - 1896 - 1644 pages
...assignment or transfer. Acceptances of bills of exchange must be in writing; but an unconditional promisein writing to accept a bill before it is drawn amounts to an actual acceptance ; and any pcr»n upon whom a bill of exchange is drawn and to whom it is delivered for acceptance,... | |
| Thomas Johnson Michie - Law reports, digests, etc - 1914 - 854 pages
...informed of the price, "Will advance cost if you buy strict good ordinarily at sixte»n," constitute "an unconditional promise in writing to accept a bill before it is drawn," and under a statute "amount to actual acceptance." Whilden v. Merchants' & Planters' Nat. Bank, 64... | |
| South Carolina - Law - 1914 - 734 pages
...of a person to whom it is shown and who, on the faith thereof, receives the bill for value. § 135. An unconditional promise in writing to accept a bill before it is drawn is deemed an actual acceptance in favor of every person who, upon the faith thereof, receives the bill... | |
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