 The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken the drawer and indorsers are discharged from liability...  Laws of the State of Mississippi - Page 379by Mississippi - 1916Full view - About this book
 | American Bar Association - Law - 1887 - 460 pages
...by non-acceptance. (2) Where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer oriudorser is discharged from his liability on the... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...lnd. Act, s. 86. (2.) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or inJorser is discharged from his liability on the... | |
 | Virginia - Law - 1899 - 724 pages
...acceptance of some one or more of the drawees but not of all. CH. 133 u.] NEGOTIABLE INSTRUMENTS LAW. authorized the holder to take a qualified acceptance...thereto. ARTICLE III. PRESENTMENT FOR ACCEPTANCE. § 143. WHEN PRESENTMENT FOR ACCEPTANCE MUST BE MADE. — Presentment for acceptance must be made —... | |
 | Maryland - Law - 1898 - 700 pages
...bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability on the bill, unless they have expressly or implied ly authorized the holder to take a qualified acceptance, or subsequently assent thereto. "When... | |
 | Henry Roscoe, Maurice Powell - Evidence (Law) - 1891 - 924 pages
...necessary." accepted. "(2.) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorsor is discharged from his liability on the... | |
 | Barbados - Session laws - 1893 - 462 pages
...by non-acceptance. (2.) Where a qualified acceptance is taken and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance or does not subsequently assent thereto such drawer or indorser is discharged frr.m his liability on the... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 530 pages
...as to the balance. (2) Where a qualified acceptance is taken, and the drawer or an indorser has not expressly or impliedly authorized the holder to take a qualified acceptance, or does not subsequently assent thereto, such drawer or indorser is discharged from his liability on the... | |
 | Colorado - Electronic journals - 1897 - 434 pages
...bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers are discharged from liability on the bill, unless...ARTICLE III. Presentment for Acceptance. Sec. 143. Presentment for acceptance must be made: 2. Where the bill expressly stipulates that it shall be presented... | |
 | Florida - Law - 1897 - 426 pages
...Quitted a>Where a qualified acceptance is taken, the drawer and in- cepwnce. dorsers are discharged irom liability on the bill, unless they have expressly...ARTICLE III. Presentment for Acceptance. SEC. 143. Presentment for acceptance must be made: 1. Where the bill is payable after sight, or in any other... | |
 | Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...bill as dishonored by non-acceptance Where a qualified acceptance is taken the drawer and indorsers are discharged from liability on the bill, unless...holder, or he will be deemed to have assented thereto. PRESENTMENT FOR ACCEPTANCE. Sec. 150. Presentment for acceptance must be made; 1. Where the bill is... | |
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