Where a negotiable instrument is materially altered without the assent of all parties liable thereon, it is avoided, except as against a party who has himself made, authorized or assented to the alteration, and subsequent indorsers. But when an instrument... United States Statutes at Large - Page 250by United States - 1962Full view - About this book
| New Jersey. Supreme Court - 1920 - 584 pages
...That question he therefore submitted to the jury, and in connection therewith charged that when a note has been materially altered, and is in the hands of...a party to the alteration, he may enforce payment according to the original tenor. That was correct in law. Comp. Stat., p. 3719, ยง m. Finally, the... | |
| Ohio. Supreme Court - 1910 - 748 pages
...Pertinent provisions of those sections follow: "Sec. 31750. [Alteration of instrument; effect of.] Where a negotiable instrument is materially altered...assented to the alteration and subsequent indorsers." "Sec. 3175/>. [What constitutes a material alteration.] Any alteration which changes: 1. The date;... | |
| American Bar Association - 1887 - 460 pages
...or acceptance is materially altered without the assent of all parties liable on the bill, the bill is avoided except as against a party who has himself...assented to the alteration, and subsequent indorsers : Provided, That where a bill has been materially altered, but the alteration is not apparent, and... | |
| 1915 - 456 pages
...changes . . . the time or place of payment . . . is a material alteration"; and Sec. 124 provides: "Where a negotiable instrument is materially altered...assented to the alteration, and subsequent indorsers." It is conceded that the alteration in the note is material, and that before there could be a recovery... | |
| 1914 - 448 pages
...and, as such, it was considered prior to the passage of that Act. Sec. 124 of the same Act provides, " Where a negotiable instrument is materially altered...himself made, authorized, or assented to the alteration ''. The burden of proving that a party liable on such negotiable instrument made, authorized, or assented... | |
| John Indermaur - 1883 - 604 pages
...has been altered by the Bills of Exchange Act, 1882, which provides that where a bill or acceptance is materially altered without the assent of all parties...avoided except as against a party who has himself made, authorised, or assented to the alteration, and subsequent indorsers, provided, however, that where... | |
| 1918 - 1214 pages
...This rule has been declared in this state by statute. Section 4174, Rev. L. 1010, provides as follows: "Where a negotiable instrument is materially altered...authorized, or assented to the alteration, and subsequent indorsere. But wheu an instrument has been materially altered and is in the hands of a holder in due... | |
| 1917 - 1232 pages
...was correct in overruling said demurrer." Section 6652 of the General Statutes of 1915 In part reads: "Where a negotiable instrument is materially altered...himself made, authorized or assented to the alteration." Authority or assent requires some affirmative action or statement. No such action or statement on the... | |
| 1916 - 1240 pages
...Instrument is materially altered without the consent of all the parties liable thereon, it is void except as against a party who has himself made, authorized,...the alteration and subsequent indorsers, but when the instrument has been materially altered and is in the hands of a holder in due course not a party... | |
| James Lorimer - 1885 - 688 pages
...or acceptance is materially altered without the assent of all parties liable on the bill, the bill is avoided except as against a party who has himself...assented to the alteration, and subsequent indorsers." Alterations are deemed material which are of the date, sum, time, or place of payment, or the addition... | |
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