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" primarily" liable on an instrument is the person who, by the terms of the instrument, is absolutely required to pay the same. All other parties are "secondarily "
Reports of Cases Determined in the Supreme Court of the Territory of Utah - Σελίδα 304
των Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1909
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Laws, Joint Resolutions, and Memorials, Passed at the ... Session of the ...

Nebraska - 1905 - 920 σελίδες
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North Carolina Reports: Cases Argued and Determined in the ..., Τόμος 140

North Carolina. Supreme Court - 1905 - 922 σελίδες
...secondarily liable on commercial paper. "The person primarily liable on an instrument is the person who by the terms of the instrument is absolutely required to pay the same. All other parties are secondarily liable." Section 2342. A surety comes squarely within the definition...

Reports of Cases Argued and Determined in the Supreme Court of Ohio, Τόμος 81

Ohio. Supreme Court - 1910 - 748 σελίδες
...discharge a simple contract for the payment of money, etc., and defining a person primarily liable as one who by the terms of the instrument is absolutely required to pay the same, etc., an accommodation maker of a note is not relieved from liability by an extension of time of payment...

The Northwestern Reporter, Τόμος 117

1908 - 1282 σελίδες
...act. It Is In the following language: "The person 'primarily' liable on an Instrument is the person who by the terms of the Instrument Is absolutely required to pay the same. All other parties are secondarily liable." Section 3060al20 of the same act provides that a person "secondarily...

The Federal Reporter, Τόμος 281

1880 - 1092 σελίδες
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Atlantic Reporter, Τόμος 67

1908 - 1134 σελίδες
...(chapter 674, Pub. Laws), provides that: "The person 'primarily' liable on an Instrument is the person who by the terms of the instrument Is absolutely required to pay the same. All other parties are 'secondarily' liable." Article 6 section 71, of the same act provides that: "A person...

The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 σελίδες
...PERSON PRIMARILY LIABLE ON INSTRUMENT.— The person "primarily" liable on an instrument is the person who by the terms of the instrument is absolutely required to pay the same. All other parties are "secondarily " liable. §193. REASONABLE TIME; WHAT CONSTITUTES. — In determining...

Harvard Law Review, Τόμος 30

1917 - 914 σελίδες
...Commissioners on Uniform State Laws.) "The person 'primarily' liable on an instrument is the person who by the terms of the instrument is absolutely required to pay the same. All other parties are 'secondarily' liable." 21 And following are the provisions (sections 119 and 120...

The Southwestern Reporter, Τόμος 191

1917 - 1328 σελίδες
...Instruments Act provides that the person "primarily" liable to the holder on an instrument is the person who by the terms of the instrument is absolutely required to pay the same. See, also, sections 119 and 120, and Graham v. Shephard, 136 Tenn. — , 189 SW 807. And their attitude...

The Southern Reporter, Τόμος 76

1918 - 1036 σελίδες
...Negotiable Instrument Law declares that the person "primarily" liable on an instrument is the person who, by the terms of the instrument, is absolutely required to pay it, and that all other parties are secondarily liable. Under sections 119 and 120 of tne statute it...




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