 The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the...  The Pacific Reporter - Page 2951911Full view - About this book
 | John James MacLaren - 1892 - 646 pages
...duties " as regards himself." oeptnnce. 17. The acceptance of a bill is the signification "*""oep0-" by the drawee of his assent to the order of the drawer: Imp. Act, s. 17 (1).When the drawee writes his name on the bill and delivers it or gives notice he... | |
 | Barbados - 1893 - 462 pages
...signed by the drawee. The mere signature of the drawee without additional words is sufficient. (6) It must not express that the drawee will perform his...promise by any other means than the payment of money. 18. A bill may bo accepted — Time for acceptance (1.) Before it has been signed by the drawer, or... | |
 | Melville Madison Bigelow - 1893 - 360 pages
...liability to the holder; (2) Waiving as regards himself some or all of the holder's duties. 17. (1) The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. (2) An acceptance is invalid unless it complies with the following conditions, namely : — (a) It... | |
 | South Dakota. Supreme Court - 1917 - 794 pages
...under Sec. 186, "payment" is not "acceptance;" since acceptance is defined by Sec. 131, providing that acceptance of a bill is the signification by the drawee of his assent, to the drawer, and that it must not express that drawee will perform his promise by any other means than payment... | |
 | Herbert Priestley - 1894 - 130 pages
...83 (i). BANKRUPTS ACCOUNTS. Accept. Drawer. indorner. Acceptor Proof by holder of ACCEPTANCES. — The acceptance of a Bill is the signification by the drawee of his assent to the order of the drawer (4). " Acceptance " means an acceptance completed by delivery or notification (5). DRAWER. — The... | |
 | Joshua Williams, Thomas Cyprian Williams - 1894 - 720 pages
...then called the acceptor. By the Bills of Exchange Act, 1882, the acceptance of a bill is defined as the signification by the drawee of his assent to the order of the drawer. And by the same Act, an acceptance is invalid unless it complies with the following conditions, namely:... | |
 | Institute of Bankers (Great Britain) - 1895 - 782 pages
...otherwise requires." As to Acceptance, the definition must be read with sections 17 (1) and 21 (1). " The acceptance of a bill " is the signification by...drawee of his assent to the order of " the drawer." Section 17 (1). Every contract on a bill, including acceptance, is incomplete and revocable, until... | |
 | Joseph Chitty - 1896 - 906 pages
...reason only that it is ante-dated or post-dated, or that it bears date on a Sunday. S. 17. — (1) The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. (2) An acceptance is invalid unless it complies with the following conditions, namely : (a) It must... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1896 - 530 pages
...an interpretation. Definition and 17. (l) The acceptance of a bill is the significaacceptance. tion by the drawee of his assent to the order of the drawer. ILLUSTRATIONS. 1. Bill addressed to BX writes an acceptance on it. X. is not liable as acceptor.4 1... | |
 | New York (State) - 1897 - 996 pages
...230. Rights of parties as to qualified acceptance. Section 220. Acceptance; how made, et cetera. — The acceptance of a bill is the signification by the...drawer. The acceptance must be in writing and signed by the drawer. It must not express that the drawee will perform his promise by any other means than the... | |
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