 Where the instrument is paid by a party secondarily liable thereon it is not discharged; but the party so paying it is remitted to his former rights as regards all prior parties, and he may strike out his own and all subsequent indorsements, and again...  Session Laws - Página 399por West Virginia - 1907Vista completa - Acerca de este libro
 | 1914 - 1246 páginas
...payment by a party secondarily liable. Turning to section 3511, Rem. ft Bal. Code, we read: "Where the instrument is paid by a party secondarily liable...Indorsements, and again negotiate the Instrument, except: (1) Where it is payable to the order of a third person, and has been paid by the drawer; and (2) where... | |
 | 1914 - 1230 páginas
...prejudicially reduced. [2] Section 128 of the negotiable Instruments law reads as follows: "\Vliere the instrument is paid by a party secondarily liable thereon, it is not discharged, but the parly so paying it is remitted to his former rights, as regards all prior partios, and he may strike... | |
 | Virginia - 1899 - 724 páginas
...against such party is expressly reserved. $121. RIGHT OF PARTY WHO DISCHARGED INSTRUMENT. — Where the instrument is paid by a party secondarily liable...indorsements and again negotiate the instrument, except — 1. Where it is payable to the order of a third person and has been paid by the drawer ; and 2.... | |
 | 1915 - 880 páginas
...course, and sued the maker. The Uniform Negotiable Instruments Law, section 121, provides that, "where the instrument is paid by a party secondarily liable...to his former rights as regards all prior parties." Held, that the plaintiff can recover on the note, and that section 121 of the Uniform Negotiable Instruments... | |
 | Maryland - 1898 - 700 páginas
...enforce the instrument, unless the right of recourse against such party is expressly reserved. 140. Where the instrument is paid by a party secondarily liable...indorsements, and again negotiate the instrument, except : 1. Where it is payable to the order of a third person, and has been paid by the drawer ; and 2. Where... | |
 | 1921 - 1048 páginas
...Laws, c. 38) it is provided that, with certain exceptions which are not pertinent to this case, where the instrument is paid by a party secondarily liable...subsequent indorsements and again negotiate the instrument. Here the drawer and indorser, a party secondarily liable, after payment of the amount of the acceptance... | |
 | New York (State). Supreme Court. Appellate Division - 1901 - 774 páginas
...the complaint. It is provided by the Negotiable Instruments Law (Laws of 1897, chap. 612) that where the instrument is paid by a. party secondarily liable thereon, it is not discharged (§ 202), and in other sections of the act it is provided how and when such instruments are discharged.... | |
 | New York (State) - 1897 - 996 páginas
...against such party is expressly reserved; § 202. Eight of party who discharges instrument. — Where the instrument is paid by a party secondarily liable...indorsements, and again negotiate the instrument, except : 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where... | |
 | Florida - 1897 - 426 páginas
...secondarily liable, or unless the right of recourse against such party is expressly reserved. SEC. 121. Where the instrument is paid by a party secondarily liable...indorsements, and again negotiate the instrument, except: 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1164 páginas
...secondarily liable, or unless the right of recourse against such party is expressly reserved. Sec. 128. Where the instrument is paid by a party secondarily liable...indorsements, and again negotiate the instrument, except: 1. Where it is payable to the order of a third person, and has been paid by the drawer; and 2. Where... | |
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