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" On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect. "
The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ... - Σελίδα 7
των Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 88 σελίδες
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Banking and Negotiable Instruments: A Manual of Practical Law

Sir Frank Tillyard - 1906 - 412 σελίδες
...payable at a determinable future time which is payable (1) at a fixed period after date or sight, (2) on or at a fixed period after the occurrence of a...expressed to be payable on a contingency is not a bill. For bills not payable on demand, three days of grace are allowed. If the last day of grace is a Sunday,...

Encyclopædia of Accounting, Τόμος 7

George Lisle - 1906 - 508 σελίδες
...Companies Act, 1862. 5. It must be made payable on demand, or at a, fixed or determinable future time. An instrument expressed to be payable on a contingency...the happening of the event does not cure the defect (sec. 11(2)). 6. The order must be to pay or perform an act equivalent to paying, a sum certain in...

The Code of Law for the District of Columbia: Enacted March 3, 1901, Amended ...

District of Columbia - 1906 - 442 σελίδες
...or sight; or, Second. On or before a fixed or determinable future time specified therein; or, Third. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...

The Negotiable Instruments Law as Enacted by the State of Ohio and Other ...

Emilius Oviatt Randall - 1906 - 238 σελίδες
...after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...

Encyclopaedia of the laws of England: with forms and precedents by the most ...

Alexander Wood Renton, Maxwell Alexander Robertson - 1907 - 726 σελίδες
...Exchange Act, 1882, "which is expressed to be payable (1) at a fixed period after date or sight; (2) on or at a fixed period after the occurrence of a...happen though the time of happening may be uncertain" (s. 11). See BILLS OF EXCHANGE, Vol. II. p. 204. Determinable Life Estate.— An estate which may by...

Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 σελίδες
...after date or sight; or II. On or before a fixed or determinable future time specified therein; or III. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...

Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - 1907 - 1252 σελίδες
...after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable,, and the happening of the...

Acts of the General Assembly of the State of Alabama

Alabama - 1907 - 1034 σελίδες
...date or sight ; or, 2. On or before a fixed or determinable future time specified therein ; cr, 3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...

Acts of the Legislature of West Virginia

West Virginia - 1907 - 710 σελίδες
...or sight ; or Second, on or before a fixed or determinable future time specified therein ; or Third, on or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...

Laws

Illinois - 1907 - 644 σελίδες
...after date or sight ; or 2. On or before a fixed or determinable future time specified therein; or 3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the...




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