On or at a fixed period after the occurrence of a specified event, which is certain to happen, though the time of happening be uncertain. An instrument payable upon a contingency is not negotiable, and the happening of the event does not cure the defect. Principles of Mercantile Law - Page 326by Ernest Washington Chance - 1922 - 518 lehteFull view - About this book
| 1916 - 502 lehte
...date or sight; or, "2. On or before a fixed or determinable future time specified therein; or, "3. On or at a fixed period after the occurrence of a...is certain to happen, though the time of happening be uncertain. fixed or determinable future time specified therein." If thus expressed, negotiability... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 lehte
...At a fixed future time. (2.) At a fixed period after date. (3.) At a fixed period after sight. (4.) On, or at a fixed period after, the occurrence of...certain to happen, though the time of happening may be uncertain.3 Explanation \. — An instrument expressed to be payable on a contingency does not constitute... | |
| American Bar Association - 1887 - 460 lehte
...meaning of this act which is expressed to be payable — (1^ At a fixed period after date or sight. (2) On or at a fixed period after the occurrence of...the happening of the event does not cure the defect. A privilege of paying the bill before maturity shall not invalidate it. SEC. 12. That where a bill... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 418 lehte
...At a fixed future time. (2.) At a fixed period after date. (3.) At a fixed period after sight. (4.) On, or at a fixed period after, the occurrence of...happen, though the time of happening may be uncertain. 5 Explanation 1.—An instrument expressed to bo payable on a contingency docs not constitute a bill;... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 lehte
...•ayable — .) At a fixed period after date or sight. :e sect. 14 (2) (3) and sect. 65 (5). '• ) On or at a fixed period after the occurrence of a...the happening of the event does not cure the defect. An instrument running " Pay C or order ^100 on the arrival of the " ship Sarah in London " would not... | |
| W. D. Thorburn - 1882 - 316 lehte
...this Act (a) which is expressed timeto be payable — (1.) At a fixed period (6) after date or sight. (2.) On or at a fixed period after the occurrence...happen, though the time of happening may be uncertain (c). An instrument expressed to be payable on a contingency is not a bill, and the happening of the... | |
| Institute of Bankers (Great Britain) - 1882 - 726 lehte
...to be payable — (1.) At a fixed period after date or sight. (2.) On or at a fixed period after tho occurrence of a specified event which is certain to...happening may be uncertain. An instrument expressed to bo payable on a contingency VA not a bill, and the happening of the event does not cure the defect.^.... | |
| Oscar Borchardt - 1883 - 392 lehte
...Act which is expressed to be payable — " a future (1.) At a fixed period after date or sight. ttn"' (2.) On or at a fixed period after the occurrence of a specified event which is certain to happen, thougt the time of happening may be uncertain. An instrument expressed to be payable on a contingency... | |
| John Frederick Haynes - 1884 - 736 lehte
...this Act which is expressed to be payable — uture tlme' (1.) At a fixed period after date or sight. (2.) On or at a fixed period after the occurrence...bill expressed to be payable at a fixed period after Omission of date date is issued undated, or where the acceptance of a bill payable '^n^r fa$Ma at a... | |
| James Walter Smith - 1884 - 164 lehte
...meaning of this Act, which is expressed to be payable — (1.) At a fixed period after date or sight. (2.) On or at a fixed period after the occurrence...the happening of the event does not cure the defect. 23. S. 12. Where a bill expressed to be payable at a fixed period after date is issued undated, or... | |
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