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" The holder may refuse to take a qualified acceptance, and if he does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken the drawer and indorsers are discharged from liability... "
North Carolina Corporation Code, Annotated: Containing the Statutes ... - Page 235
by James Hinton Pou - 1922 - 1021 pages
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 pages
...acceptance of some one or more of the drawees but not of all. CH. 133 u.] NEGOTIABLE INSTRUMENTS LAW. authorized the holder to take a qualified acceptance...holder or he will be deemed to have assented thereto. ARTICLE III. PRESENTMENT FOR ACCEPTANCE. ยง 143. WHEN PRESENTMENT FOR ACCEPTANCE MUST BE MADE. โ€”...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...liability on the bill, unless they have expressly or implied ly authorized the holder to take a qualified acceptance, or subsequently assent thereto. "When...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 pages
...does not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance Where a qualified acceptance is taken the drawer and indorsers...holder, or he will be deemed to have assented thereto. PRESENTMENT FOR ACCEPTANCE. Sec. 150. Presentment for acceptance must be made; 1. Where the bill is...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...holder, or he will be deemed to have assented thereto. ARTICLE III. Presentment for Acceptance. Sec. 143. Presentment for acceptance must be made: 2. Where...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - 1897 - 426 pages
...Quitted a>Where a qualified acceptance is taken, the drawer and in- cepwnce. dorsers are discharged irom liability on the bill, unless they have expressly...holder, or he will be deemed to have assented thereto. ARTICLE III. Presentment for Acceptance. SEC. 143. Presentment for acceptance must be made: 1. Where...
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Laws of the State of New York, Volume 2

New York (State) - 1897 - 996 pages
...not obtain an unqualified acceptance, he may treat the bill as dishonored br non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...liability on the bill, unless they have expressly or inipliedly authorized the holder to take a qualified acceptance, or subsequently assent thereto. When...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...place ; 4. Qualified as to time ; 5. The acceptance of some one or more of the drawees, but not of all. bill, unless they have expressly or impliedly authorized...holder, or he will be deemed to have assented thereto. PRESENTMENT FOR ACCEPTANCE. SECTION 147. Presentment for acceptance must be Presentment , ' for acceptance....
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Laws of the State of Utah

Utah - 1899 - 206 pages
...of some one or more of the drawees, but not of all. Sec. 142. Qualified Acceptance May be Refused. The holder may refuse to take a qualified acceptance,...holder, or he will be deemed to have assented thereto. ARTICLE III. PRESENTMENT FOR ACCEPTANCE. Sec. 143. Presentment for Acceptance, How Made. Presentment...
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Session Laws of the State of Washington

Washington (State) - 1899 - 476 pages
...does not obtain an unqualified acceptance, he may treat the bill as dishonored by nonacceptance. Where a qualified acceptance is taken, the drawer and indorsers...holder, or he will be deemed to have assented thereto. ARTICLE III.โ€” Presentment for Acceptance. SEC. 143. Presentment for acceptance must be made โ€” 1....
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Laws of the State of Wisconsin

Wisconsin - 1899 - 856 pages
...not obtain an unqualified acceptance, he may treat the lull as dishonored by non-acceptance. Where a qualified acceptance is taken, the drawer and indorsers...or subsequently assent thereto. When the drawer or indorser receive notice of a qualified accept aiice, he must within a reasonable time exprc^ his dissent...
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