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" A negotiable instrument is discharged : 1. By payment in due course by or on behalf of the principal debtor ; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation; 3. By the intentional cancellation... "
A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ... - Σελίδα 531
των James Webster Eaton, Frank Bixby Gilbert - 1903 - 767 σελίδες
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Τόμος 81

Ohio. Supreme Court - 1910 - 748 σελίδες
...provision of the fourth paragraph of section 3175; to the effect that the instrument may be discharged "by any other act which will discharge a simple contract for the payment of money," affect the present issue. As before stated, if the instrument itself is discharged all parties are...

Reports of Cases Determined in the Supreme Court of the Territory ..., Τόμος 34

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 - 588 σελίδες
...Intention to be bound in some other capacity." Section 119: "A negotiable instrument is discharged: I. By payment in due course by or on behalf of the principal debtor. II. By payment in due course by the party accommodated where the instrument is made or accepted for...

Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 316 σελίδες
...order," is now negotiable in England as well as in Scotland, vide § 8 (4). (6.) Vide §35. (c.) A bill is discharged (1) by payment in due course by or on behalf of the drawee or acceptor, or, in the case of an accommodation bill, by the person accommodated, vide § 59...

The Lancaster Law Review, Τόμος 36

1919 - 310 σελίδες
...This position is, in my judgment, untenable. It is true that a negotiable instrument is discharged by payment in due course by or on behalf of the principal debtor. Act of May 16. 1001, PL 194, sec. 119. But this provision has no application when considering the rights...

The South Western Reporter, Τόμος 150

1913 - 1356 σελίδες
...of the discharge of negotiable Instruments. They are as follows : "Sec. 119. A negotiable Instrument Is discharged : "1. By payment In due course, by or...discharge a simple contract for the payment of money ; "6. When the principal debtor becomes the bolder of the Instrument at or after maturity In his own...

The Southwestern Reporter, Τόμος 175

1915 - 1328 σελίδες
...119, 120, providing that a negotiable instrument is discharged by payment by the principal debtor, by the party accommodated where the instrument is made or accepted for accommodation, etc., and declaring thut a person secondarily liable on the instrument is discharged by an act which...

Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 σελίδες
...VIII. Discharge of Negotiable Instruments. Sec. 119. A negotiable instrument is dis- when Charged : discharged. 1. By payment in due course by or on behalf...accepted for accommodation; 3. By the intentional cancelation thereof by the holder; 4. By any other act which will discharge a simple contract for the...

Acts and Resolutions Adopted by the Legislature of Florida

Florida - 1897 - 426 σελίδες
...Discharge of Negotiable Instruments. SEC. 119. A negotiable instrument is discharged: 1. By payment m due course by or on behalf of the principal debtor;...By payment in due course by the party accommodated, ^hen diawhere the instrument is made or accepted for accommoda- charged, tion; 3. By the intentional...

The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 σελίδες
...DISCHARGE OF NEGOTIABLE INSTRUMENTS. SECTION 1679. A negotiable instrument is discharged : 1. By the payment in due course by or on behalf of the principal...discharge a simple contract for the payment of money; 5. Where the principal debtor becomes the holder of the instrument at or after maturity in his own right....

Laws of the State of Wisconsin

Wisconsin - 1899 - 856 σελίδες
...DISCIIABGE OF NEGOTIABLE INSTRUMENTS. • SECTION 1679. A negotiable instrument is discharged : 1. By the payment in due course by or on behalf of the principal...accommodation; 3. By the intentional cancellation thereof bj the holder; 4. By any other act which will discharge a si m ] ile contract for the payment of money;...




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