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" Provided that, where a bill has been materially altered, but the alteration is not apparent, and the bill is in the hands of a holder in due course, such holder may avail himself of the bill as if it had not been altered, and may enforce payment of it... "
A Handy Book on the Law of Bills, Cheques, Notes and IOU's - Pągina 78
per James Walter Smith - 1884 - 156 pągines
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Manual for Accountants. Canada. Volume I. Being the Questions Set by the ...

Wilton C. Eddis - 1899 - 302 pągines
...altered without his consent, but if the alteration is not apparent on its face and the Note in the hands of a holder in due course, such holder may avail...himself of the Bill as if it had not been altered. (6) By Non-presentment of the Note for Payment. Question 9. — What is meant by Stoppage in Transitu,...
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Journal of the Canadian Bankers' Association, Volum 6

Canadian Bankers' Association - 1899 - 504 pągines
...to the alteration, and subsequent endorsers ; but if the alteration is not apparent and the cheque is in the hands of a holder in due course, such holder may avail himself of the cheque as if the crossing had not been altered, and may enforce payment of it according to its original...
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The Ontario Law Reports: Cases Determined in the Court of Appeal ..., Volum 15

1908 - 796 pągines
...ch. 119, sec. 145.] — By the proviso to sec. 145 of the Bills of Exchange Act, RSC 1906, ch. 119, "where a bill has been materially altered, but the...if it had not been altered, and may enforce payment according to its original tenor." The defendant gave N. a promissory note intended as a renewal of...
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The New South Wales Lawyer: A Hand-book of the Every-day Laws of this State ...

H. V. Edwards - 1901 - 330 pągines
...is defective. ALTERATION OF BILL, EFFECT OF. of a holder in due course, he may avail himself of it as if it had not been altered, and may enforce payment of it according to its original tenor. The following alterations (eg) are material ; viz, alteration of date, sum payable, time or place of...
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One Thousand Questions and Answers in Business Law: A Plain, Practical and ...

1901 - 242 pągines
...forged cannot be compelled to pay the instrument. Where an alteration has been made and the instrument is in the hands of a holder in due course, such holder can enforce payment of the instrument according to its original tenor. 234. Can a title be acquired...
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The Scots Statutes Revised ...: The Public General Statutes Affecting ...

Scotland - 1900 - 594 pągines
...a party who has himself made, authorised, or assented to the alteration, and subsequent indorsera. Provided that, Where a bill has been materially altered,...enforce payment of it according to its original tenor. (2.) In particular the following alterations are material, namely, any alteration of the date, the...
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The Law Relating to Cheques

Eric Russell Watson - 1902 - 182 pągines
...made, authorized, or assented to the alteration, and subsequent indorsers. Provided that where a cheque has been materially altered, but the alteration is not apparent, and the cheque is in the hands of a holder in due course, such holder may avail himself of the cheque as if...
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The Civil Code of Lower Canada and the Bills of Exchange Act, 1890: With All ...

Québec (Province). - 1903 - 964 pągines
...bill, the bill !s voided, except as against a party who has himself made, authorized, or assented to the alteration, and subsequent iudorsers : Provided,...enforce payment of it according to its original tenor : 2. In particular, the following alterations are material, namely, any alteration of the date, the...
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 pągines
...a party who has himself made, authorised, or assented to the alteration, and subsequent indorsers. Provided that, Where a bill has been materially altered,...may enforce payment of it according to its original tenour. (2) In particular the following alterations are material, namely, any alteration of the date,...
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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - 1903 - 646 pągines
...alteration, and subsequent indorsers; but, where a material alteration is not apparent, and the instrument is in the hands of a holder in due course, such holder...enforce payment of it according to its original tenor." As, where a bill is accepted for 500 pounds and, after acceptance, the drawer fraudulently alters the...
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