A Manual for Notaries Public in the State of Ohio; Containing the Laws Relating to Their Powers and Duties, and Giving the Various Steps Which an Applicant to Such Office Must Take in Order to Be Appointed and Qualified; Together with a

A Manual for Notaries Public in the State of Ohio; Containing the Laws Relating to Their Powers and Duties, and Giving the Various Steps Which an Applicant to Such Office Must Take in Order to Be Appointed and Qualified; Together with a

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1884 edition. Excerpt: ... presumption that it is a joint obligation, but words of severance must be used to produce a several responsibility. Where suit is brought upon joint commercial paper, it must be brought against the makers jointly. In a note both joint and several, the action must be brought jointly against all, or severally against each. The following is an example of a joint promissory note: CINCINNATI, June 1, 1883. Sixty days after date, we promise to pay John Carr, or order, one hundred dollars, value received. $100.00. ARTHUR KING, J AMES SMITH. The following is an example of a joint and several note: ' CINCINNATI, June 1, 1883. Sixty days after date, I promise to pay John Carr, or order, one hundred dollars, value recived. $100 00. ARTHUR KING, J AMES SMITH. Or, as follows: Sixty days after date, we jointly and severally promise to pay John Carr, or order, one hundred dollars, value received. $100.00. A'RTHUR KING, J AMEs SMITH. 9. BLANKs TO BE FILLEn.--Commercial paper may be signed, leaving a blank for the name of the payee, and any bonafide holder may fill it up by inserting his name as payee. Frequently when some one wishes to borrow money on a note or bill, he procures the signature of others to a blank paper, which is afterward filled up with a note or bill, and such instrument is valid and binding on the persons who have signed the blank.. The persons whose names are signed to the instrument can not escape liability by proving that their signatures were placed there for a particular purpose, or that the person to whom it had been intrusted had fraudulently converted the bill or note to a purpose different from the one for which it was made, in a case where it is taken for value by the holder without notice as to its real characterfy...show more

Product details

  • Paperback
  • 188.98 x 246.13 x 1.27mm | 68.04g
  • Rarebooksclub.com
  • English
  • Illustrations, black and white
  • 1236754719
  • 9781236754714