 | William Mark McKinney, Burdett Alberto Rich - 1914 - 1200 σελίδες
...be mistaken, and promising to accept it, is, if shown to the person who afterwards takes the check on the credit of the letter, a virtual acceptance, binding the person who makes the promise.19 This rule has been constantly followed by the courts of this country, the only point of... | |
 | Washington (State). Supreme Court, Arthur Remington, Solon Dickerson Williams - 1920 - 828 σελίδες
...letter. The rule, as stated in 3 RCL, page 1305, is: "The result of the authorities may be stated to be, that a letter written within a reasonable time before...acceptance binding the person who makes the promise." This is substantiallv the rule of the statute. CITIZENS BANK v. WILLING. Jan. 1920] Opinion Per MAIN,... | |
 | Howard Leslie Smith, William Underhill Moore - 1922 - 874 σελίδες
...that this question should be at rest. Upon a review of the cases which are reported, this court is of opinion that a letter written within a reasonable...acceptance binding the person who makes the promise. This is such a case. There is, therefore, no error in the judgment of the Circuit Court, and it is... | |
 | James Hinton Pou - 1922 - 1032 σελίδες
...whom it is shown and who, on the faith thereof, receives the bill for value. Bills and Notes § 85. A letter written within a reasonable time before or...acceptance, binding the person who makes the promise. — Bank of Morganton v. Hay, 143 NC 326, 55 SE 811. Nimocks v. Woody, 97 NC 1. 453. When promise to... | |
 | 1922 - 1032 σελίδες
...collateral acceptance is to be found in the opinion of Chief Justice Marshall in Coolidge v. Payson:m "A letter written within a reasonable time before...acceptance binding the person who makes the promise." Whether the purchaser of a draft drawn under a letter of credit proceeds upon the theory of an actual... | |
 | 1926 - 512 σελίδες
...185, the Supreme Court said this: 'Upon a review of the cases which are reported, this court is of opinion that a letter written within a reasonable...acceptance binding the person who makes the promise.' The doctrine thus announced has been followed in numerous cases, and we regard it as the law applicable... | |
 | Joseph Asbury Joyce, Howard Clifford Joyce - 1924 - 1260 σελίδες
...rule is then declared in these words : 'Upon a review of the cases which are reported, the court is of opinion, that a letter written within a reasonable...acceptance, binding the person who makes the promise.' The same doctrine is laid down in Townsley v. Sumrall, 2 Peters 170-185 [7 L. ed, 386], by Justice... | |
 | 1925 - 1182 σελίδες
...definiteness is found in Marshall's statement: "A letter of credit written a reasonable time before the date of a bill of exchange, describing it in terms...virtual acceptance binding the person who makes the promise."1"' This statement has 'received varied treatment in the different courts. The liberal construction... | |
 | Henry Winthrop Ballantine - 1927 - 1166 σελίδες
...it in terms not to be mistaken, and promising to accept it, is, if shown to the person who afterward takes the bill on the credit of the letter, a virtual...acceptance, binding the person who makes the promise." This rule has been codified substantially in sections 134 and 135 of the Negotiable Instruments Law.... | |
 | 1889 - 538 σελίδες
...be mistaken, and promising to accept it, is, if shown to the person who afterwards lakes the bill.on the credit of the letter, a virtual acceptance, binding the person who makes the promise." While in the subsequent case of Boyce v. Edwards, 4 Pet. Ill, the ruling in Coolidge v. Payson, was... | |
| |
Upon a review of the cases which are reported, this court is of opinion that a letter written within a reasonable time before or after the date of a bill of exchange, describing it in terms not to be mistaken, and promising to accept it, is, if shown... 
