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" A check of itself does not operate as an assignment of any part of the funds to the credit of the drawer with the bank, and the bank is not liable to the holder, unless and until it accepts or certifies the check. "
American law reports annotated - Page 181
1925
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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - 1903 - 1034 pages
...all indorsers are discharged from liability thereon. §325. When check operates as an assignment. — A check of itself does not operate as an assignment...and until it accepts or certifies the check. * The numbers of the sections of this article in other States than New York are as follows: Arizona. 3487-3491;...
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General Laws of the State of Idaho ...

Idaho - 1903 - 494 pages
...accepted or certified, the drawer and all indorsers are discharged from liability thereon. SEC. 189. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SEC. 190. This act shall be known as the Negotiable Instrument Law. SEC. 191. In this act unless the...
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The Budget Report of the State Board of Finance and ..., Volume 1, Part 1

Connecticut. Board of Finance and Control - 1903 - 1150 pages
...all indorsers are discharged from liability thereon. i*?, ch.74, sm § 4359 Check pot an assignment. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. CHAPTER 235. General Provisions. § 4360. Negotiable instruments delivered prior to April 5th, 1897....
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 42

New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - 1904 - 778 pages
...accepted or certified the drawer and all indorsees are discharged from liability thereon. Section 325. A check of itself does not operate as an assignment...and until it accepts or certifies the check." The bank claims that its certification, while it concedes it was an acceptance, was an acceptance to pay...
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The Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - 1904 - 836 pages
...the drawer and all indorsers are discharged from liability thereon. Check not assignment of funds.— A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. SECTION XXI. NOTES FOR PATENTS, LIGHTNING RODS, ETC. Words to be printed on faee of note.— All promissory...
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North Carolina Journal of Law, Volume 1

1904 - 700 pages
...drawee is not liable on the bill unless and until he accepts the same; and Section 189 provides that a check of itself does not operate as an assignment...unless and until it accepts or certifies the check. In Kahnweiler vs. Anderson, 78 NC, 133, at p. 137; Hawes vs. Black well, 107 NC, at pp. 200-201; Bank...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 94

New York (State). Supreme Court. Appellate Division - 1904 - 770 pages
...certified, the drawer and all indorsers are discharged from liability thereon." Section 325 provides that " a check of itself does not operate as an assignment...unless and until it accepts or certifies the check." Section 79 provides that " where the holder of an instrument payable to his order transfers it for...
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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - 1904 - 1280 pages
...be accepted or certified, the drawer and all indorsers are discharged from liability thereon. 208. A check of itself does not operate as an assignment...unless and until it accepts or certifies the check. ARTICLE XIV. BILLS OF LADING, STORAGE AND ELEVATOR RECEIPTS. 1. Bills of lading to be negotiable instruments....
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Report

Connecticut. Office of Bank Commissioner - 1904 - 450 pages
...discharged from liability thereon. §4359. Check not an assignment. A check of itself ""•,i*.«, si«. does not operate as an assignment of any part of the...unless and until it accepts or certifies the check. [General Statutes, Chapter'235.] General Provisions. § 4360. Negotiable instruments delivered prior...
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The Budget Report of the State Board of Finance and ..., Volume 1, Part 1

Connecticut. Board of Finance and Control - 1904 - 836 pages
...discharged from liability thereon. § 4359. Check not an assignment. A check of itself ww, ch.74, {«». does not operate as an assignment of any part of the...unless and until it accepts or certifies the check. [General Statutes, Chapter 235.] General Provisions. § 4360. Negotiable instruments delivered prior...
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