 A negotiable instrument is discharged : 1. By payment in due course by or on behalf of the principal debtor ; 2. By payment in due course by the party accommodated, where the instrument is made or accepted for accommodation; 3. By the intentional cancellation...  Harvard Law Review - Page 1501917Full view - About this book
 | Ohio. Supreme Court - 1910 - 748 pages
...provision of the fourth paragraph of section 3175; to the effect that the instrument may be discharged "by any other act which will discharge a simple contract for the payment of money," affect the present issue. As before stated, if the instrument itself is discharged all parties are... | |
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1909 - 588 pages
...instrument is discharged: I. By payment in due course by or on behalf of the principal debtor. II. By payment in due course by the party accommodated...instrument is made or accepted for accommodation. III. By the intentional cancellation thereof by the holder. IV. By any other act which will discharge... | |
 | 1913 - 1356 pages
...follows : "Sec. 119. A negotiable Instrument Is discharged : "1. By payment In due course, by or on behalf of the principal debtor; "2. By payment in...discharge a simple contract for the payment of money ; "6. When the principal debtor becomes the bolder of the Instrument at or after maturity In his own... | |
 | 1915 - 1328 pages
...119, 120, providing that a negotiable instrument is discharged by payment by the principal debtor, by the party accommodated where the instrument is made or accepted for accommodation, etc., and declaring thut a person secondarily liable on the instrument is discharged by an act which... | |
 | Colorado - 1897 - 434 pages
...119. A negotiable instrument is dis- when Charged : discharged. 1. By payment in due course by or on behalf of the principal debtor; 2. By payment in due...accepted for accommodation; 3. By the intentional cancelation thereof by the holder; 4. By any other act which will discharge a simple contract for the... | |
 | Florida - 1897 - 426 pages
...Negotiable Instruments. SEC. 119. A negotiable instrument is discharged: 1. By payment m due course by or on behalf of the principal debtor; 2. By payment in due course by the party accommodated, ^hen diawhere the instrument is made or accepted for accommoda- charged, tion; 3. By the intentional... | |
 | Wisconsin - 1899 - 88 pages
...INSTRUMENTS. SECTION 1679. A negotiable instrument is discharged : 1. By the payment in due course by or on behalf of the principal debtor; 2. By payment in due...discharge a simple contract for the payment of money; 5. Where the principal debtor becomes the holder of the instrument at or after maturity in his own right.... | |
 | Wisconsin - 1899 - 856 pages
...• SECTION 1679. A negotiable instrument is discharged : 1. By the payment in due course by or on behalf of the principal debtor; 2. By payment in due...accommodation; 3. By the intentional cancellation thereof bj the holder; 4. By any other act which will discharge a si m ] ile contract for the payment of money;... | |
 | Utah - 1899 - 206 pages
...INSTRUMENTS. Sec. 119. Negotiable Instrument Discharged. A negotiable instrument is discharged: II. By payment in due course by the party accommodated,...instrument is made or accepted for accommodation. III. By the intentional cancellation thereof by the holder. IV. By any other act which will discharge... | |
 | Melville Madison Bigelow - 1900 - 396 pages
...the general rule thus : A negotiable instrument is discharged (1) by payment in due course by or on behalf of the principal debtor ; (2) by payment in...discharge a simple contract for the payment of money; (5) by the 1 Taking a bill, note, or cheque for debt should not be confused with the present subject. To... | |
| |
