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Banking Laws of the State of Missouri: Revision 1919 - Primary Source Edition
C. F. Enright
Sin vista previa disponible - 2013
acceptance agent amount appointed articles of agreement assets authorized bank commissioner bill of exchange bills of lading board of directors bonds by-laws capital stock carrier cashier centum certificate chapter cited and applied claims consolidation corporation or banker court creditors debt deemed deliver delivery deposit depositor dishonor dividend drawee drawer duly duties election employe entitled examination filed held incorporated indorsement instrument interest Interpleader issued Laws liability lien loan located meeting ment Missouri mortgage negotiable bill negotiable instrument negotiable receipt notary public notice owner paid party payable payee payment person poration possession present president private banker promissory note purchase real estate received recorded recorder of deeds reserve safe or box secretary Section cited securities shareholders specified statement stockholders sureties surplus fund thereof thereto thousand dollars tion transfer trust company vote warehouseman
Página 206 - Notice of dishonor is not required to be given to an indorser in either of the following cases : 1. Where the drawee is a fictitious person or a person not having capacity to contract, and the indorser was aware of the fact at the time he indorsed the instrument; 2.
Página 187 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
Página 179 - Where the instrument contains or a person adds to his signature words indicating that he signs for or on behalf of a principal, or in a representative capacity, he is not liable on the instrument if he was duly authorized; but the mere addition of words describing him as an agent, or as filling a representative character, without disclosing his principal, does not exempt him from personal liability.
Página 178 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.
Página 175 - Does not specify the place where it is drawn or the place where it is payable; or 5.
Página 177 - As between immediate parties, and as regards a remote party other than a holder in due course, the delivery, in order to be effectual, must be made either by or under the authority of the party making, drawing, accepting, or indorsing, as the case may be...
Página 175 - An instrument is payable on demand — 1. Where it is expressed to be payable on demand, or at sight, or on presentation; or 2. In which no time for payment is expressed. Where an instrument is issued, accepted, or indorsed when overdue, it is, as regards the person so issuing, accepting, or indorsing it, payable on demand.
Página 211 - A negotiable promissory note within the meaning of this act is an unconditional promise in writing made by one person to another signed by the maker engaging to pay on demand, or at a fixed or determinable future time, a sum certain in money to order or to bearer.
Página 202 - The acceptance of a bill is the signification by the drawee of his assent to the order of the drawer. The acceptance must be in writing and signed by the drawee. It must not express that the drawee will perform his promise by any other means than the payment of money.