 | International Correspondence Schools - 1903 - 646 pages
...negotiable instrument laws, the corresponding section to the foregoing reads: The instrument is payable to order where it is drawn payable to the order of a specified person or to him or his order.''" So, it seems, in such states at least, all instruments intended to be made payable to order must have... | |
 | James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 pages
...tainty." a This section of the act has preserved the old rule that an instrument is payable to order when it is drawn payable to the order of a specified person or to him or his order. The English Bills of Exchange Act x provides in accordance with Scotch law that " a bill is payable... | |
 | Edward Voigt, Charles Voigt - 1904 - 836 pages
...suit may be immediately brought without demand. Payable to order, when.— The instrument is payable to order where it is drawn payable to the order of...order. It may be drawn payable to the order of:— 1. A payee who is not maker, drawer, or drawee; or 2. The drawer or maker; or 3. The drawee; or 4.... | |
 | Charles Monfort Lindsay - 1904 - 204 pages
...Rep., 558. § 8. When Payable to Order; to Whose Order it May be Drawn. — The instrument is payable to order where it is drawn payable to the order of...his order. It may be drawn payable to the order of: 1. A payee who is not maker, drawer, or drawee ; or 2. The drawer or maker (a) ; or 3. The drawee;... | |
 | Maryland - 1904 - 1280 pages
...the person so issuing, accepting, or indorsing it, payable on demand. 27. The instrument is payable to order where it is drawn payable to the order of...his order. It may be drawn payable to the order of : 1. A payee who is not maker, drawer or drawee ; or 2. The drawer or maker ; or 3. The drawee ; or... | |
 | Kentucky - 1904 - 378 pages
...it, payable on demand. § 8. The instrument is pavable to order where it when payable to • order. is drawn payable to the order of a specified person...his order. It may be drawn payable to the order of: (1) A payee who is not maker, drawer, or drawee; or (2) The drawer or maker; or (3) The drawee; or... | |
 | Kentucky - 1904 - 384 pages
...indorsing it, payable on demand. § 8. The instrument is pavable to order where it when payable to order. is drawn payable to the order of a specified person...his order. It may be drawn payable to the order of: ( 1 ") A payee who is not maker, drawer, or drawee; or <2> The drawer or maker; or < 3 ) The drawee... | |
 | David Armel Keister - 1904 - 168 pages
...examining the account and vouchers returned to him by his bank. 36 . An instrument is payable to order when it is drawn payable to the order of a specified person or to him or his order. The payee must be named or indicated with certainty. 37 . "An instrument is payable to bearer when... | |
 | Michigan - 1905 - 754 pages
...person so issuing, accepting, or indorsing it, payable on demand. SEC. 10. The instrument is payable to order where it is drawn payable to the order of...It may be drawn payable to the order of: First, A payeo who is not maker, drawer, or drawee; or Second, The drawer or maker; or Third, The drawee; or... | |
 | North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 pages
...demand. 1899, c. 733, s. 7. 2158. What are payable to order. The instrument is payable to order when it is drawn payable to the order of a specified person,...his order. It may be drawn payable to the order of (1) a payee who is not maker, drawer or drawee; or (2) the drawer or maker; or (3) the drawee; or (4)... | |
| |
The instrument is payable to order where it is drawn payable to the order of a specified person or to him or his order. It may be drawn payable to the order of — 1. A payee who is not maker, drawer, or drawee; or 2. The drawer or maker; or 3. 
