| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1919 - 800 páginas
...order or promise to pay is unconditional within the meaning of this act, though coupled with : "First. An indication of a particular fund out of which reimbursement...particular account to be debited with the amount." * * * The rule applicable to this situation is thus stated in 8 Corpus Juris, p. 123: ' "The true test... | |
| North Carolina. Supreme Court - 1909 - 1058 páginas
...one of the sections defining what constitutes negotiability of notes, prorides: "2153. What Promise Unconditional. An unqualified order or promise to...particular account to be debited with the amount, or (2)-a statement of the transaction which gives rise to the instrument. But an order or promise to pay... | |
| Virginia - 1899 - 724 páginas
...UNCONDITIONAL. — An unqualified order or promise to pay is unconditional within the meaning of this act though coupled with— 1. An indication of a particular...pay out of a particular fund is not unconditional. S4. OF/TERMINABLE FUTURE TIME; WHAT CONSTITUTES. — An instrument is payable at a determinable future... | |
| 1915 - 1336 páginas
...chapter though coupled with : (1) An indication of a particular fund out of which reimbursements are to be made, or a particular account to be debited...the transaction which gives rise to the instrument. Hut an order or a promise to pay out of a particular fund is not unconditional." We need not consider... | |
| 1918 - 1036 páginas
...an unconditional promise to pay, nevertheless an unqualified promise to pay, although coupled with an indication of a particular fund out of which reimbursement...particular account to be debited with the amount, is an unconditional promise to pay, within the meaning of the act. Our conclusion is that the instrument... | |
| 1915 - 1346 páginas
...though coupled with : (1) An indication of a particular fund out of which reimbursements are to be mnde, or a particular account to be debited with the amount;...the transaction which gives rise to the instrument. I !nt an order or a promise to pay out of a particular fund is not unconditional." We need not consider... | |
| Arkansas. Supreme Court - 1918 - 672 páginas
...follows : ' ' An unqualified order or promise to pay is unconditional within the meaning of this act, though coupled with : "(1) An indication of a particular...pay out of a particular fund is not unconditional." So here the money is not promised to be paid unconditionally; for it is only payable out of the proceeds... | |
| Maryland - 1898 - 700 páginas
...maturity. 22- An unqualified order or promise to pay is unconditional within the meaning of this act, though coupled with : 1. An indication of a particular...pay out of a particular fund is not unconditional. 23. An instrument is payable at a determinable future time, within the meaning of this act, which is... | |
| 1906 - 1270 páginas
...indication of a particular fund out of which reimhursement is to be made or a particular account to he debited with the amount; or (2) a statement of the...pay out of a particular fund is not unconditional." The quoted sections are merely declaratory of existing law and simply succinctly summarize recognized... | |
| 1906 - 1408 páginas
...follows : "An'unqunlifled promise or order to pay Is unconditional within the meaning of this act, though coupled with : (1) An indication of a particular fund out of which reimbursement Is to be made, in a particular account to be debitod with the amount; or (2) a statement of the transaction which... | |
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