 An instrument which contains an order or promise to do any act in addition to the payment of money is not negotiable. But the negotiable character of an instrument otherwise negotiable is not affected by a provision which: 1. Authorizes the sale of collateral...  Public Accounting and Auditing... - Page 77by John F. Sherwood - 1920Full view - About this book
 | 1918 - 498 pages
...authorizes the sale of collateral securities in case the instrument be not paid at maturity; second, authorizes a confession of judgment if the instrument be not paid at maturity; third, waives the benefit of any law intended for the advantage or protection of the obligor; fourth,... | |
 | American Bar Association - 1905 - 980 pages
...2 (Crawf., s. 24), the negotiable character of an instrument is not affected by a provision that " authorizes a confession of judgment if the instrument be not paid at maturity." The effect of a provision authorizing confession of judgment before maturity of the instrument is to... | |
 | 1911 - 1168 pages
...affected by a provision which: (1) Authorizes the sale of collateral securities in case the instrument be not paid at maturity ; or (2) authorizes a confession...the benefit of any law intended for the advantage or jrrotection of the obligor; or (4) gives the holder an election to require something to he done in... | |
 | Virginia - 1899 - 724 pages
...by a provision which — 1. Authorizes the sale of collateral securities in case the instrument be not paid at maturity ; or 2. Authorizes a confession...judgment if the instrument be not paid at maturity ; or Ii. Waives the benefit of any law intended for the advantage or protection of the obligor ; or 4. Gives... | |
 | New York (State) - 1897 - 996 pages
...affected by a provision which: 1. Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2. Authorizes a confession...for the advantage or protection of the obligor; or -1. Gives the holder an election to require something to be done in lieu of payment of money. But nothing... | |
 | Colorado - 1897 - 434 pages
...Authorizes a confession of judgment if the judgment. instrument be not paid at maturity; or waiver. 3. Waives the benefit of any law intended for the advantage or protection of the obligor; or Election. 4- Gives the holder an election to require something to be done in lieu of payment of money.... | |
 | Massachusetts - 1898 - 48 pages
...^ iL , f instrument not or promise to do any act in addition to the payment of tafnCperdovbisioCnJ; money is not negotiable. But the negotiable character...Authorizes a confession of judgment if the instrument is not paid at maturity ; or 3. Waives the benefit of any law intended for the advantage or protection... | |
 | Massachusetts - 1898 - 1194 pages
...which contains an order Negotiable or promise to do any act in addition to the payment of in^mfoHnu not money is not negotiable. But the negotiable character...Authorizes a confession of judgment if the instrument is not paid at maturity ; or 3. Waives the benefit of any law intended for the advantage or protection... | |
 | Utah - 1899 - 206 pages
...Authorizes the sale of collateral securities in case the instrument be not paid at maturity ; or II. Authorizes a confession of judgment if the instrument be not paid at maturity; or III. Waives the benefit of any law intended for the advantage or protection of obligor; or IV. Gives... | |
 | Melville Madison Bigelow - 1900 - 396 pages
...affected by a provision which: 1. Authorizes the sale of collateral securities in case the instrument be not paid at maturity; or 2. Authorizes a confession...Gives the holder an election to require something to b« done in lieu of payment of money. But nothing in this section shall validate any provision or stipulation... | |
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