 An instrument which contains an order or promise to do any act in addition to the payment of money is not negotiable. But the negotiable character of an instrument otherwise negotiable is not affected by a provision which: (1) Authorizes the sale of collateral...  The Law of Contracts - Page 2061by Samuel Williston - 1920Full view - About this book
 | Law - 1918 - 498 pages
...which contains an order or promise to do any act In addition to the payment of money is not negotiable. But the negotiable character of an instrument otherwise negotiable is not affected by a provision which, first, authorizes the sale of collateral securities in case the instrument be not paid at maturity;... | |
 | American Bar Association - Law - 1905 - 980 pages
...2 (Crawf., s. 24), the negotiable character of an instrument is not affected by a provision that " authorizes a confession of judgment if the instrument be not paid at maturity." The effect of a provision authorizing confession of judgment before maturity of the instrument is to... | |
 | Law - 1919 - 310 pages
...Under the authorities, however. I do not think it does. Section 5 of the Act of 1901 provides that " the negotiable character of an instrument otherwise negotiable is not affected by a provision which * * (2} authorizes a confession of judgment if the instrument be not paid at maturity." In Milton National... | |
 | Virginia - Law - 1899 - 724 pages
...which contains an order or promise to do any act in addition to the payment of money is not negotiable. But the negotiable character of an instrument otherwise...judgment if the instrument be not paid at maturity ; or Ii. Waives the benefit of any law intended for the advantage or protection of the obligor ; or 4. Gives... | |
 | Law reports, digests, etc - 1918 - 1036 pages
...order or promise to do any act in addition to the payment of money is not negotiable, nevertheless the negotiable character of an Instrument otherwise negotiable is not affected by a provision which gives the holder an election to require something to be done In lieu of payment of money. The stipulation... | |
 | Law - 1931 - 274 pages
[ Sorry, this page's content is restricted ] | |
 | Colorado - Electronic journals - 1897 - 434 pages
...order afr^t^o- or Promise to do any act in addition to the payment tiabie. of money is not negotiable. But the negotiable character of an instrument otherwise negotiable is not affected by a provision which: May seii coiiat- 1. Authorizes the sale of collateral securities eral- in case the instrument be not... | |
 | Massachusetts - 1898 - 48 pages
...or promise to do any act in addition to the payment of tafnCperdovbisioCnJ; money is not negotiable. But the negotiable character of an instrument otherwise...sale of collateral securities in case the instrument is not paid at maturity ; or 2. Authorizes a confession of judgment if the instrument is not paid at... | |
 | Massachusetts - Law - 1898 - 1194 pages
...Negotiable or promise to do any act in addition to the payment of in^mfoHnu not money is not negotiable. But the negotiable character of an instrument otherwise...sale of collateral securities in case the instrument is not paid at maturity ; or 2. Authorizes a confession of judgment if the instrument is not paid at... | |
| |
