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- Negotiable Instruments Law (2)
- "stale" date (1)
- Agreed cash price (1)
- Authorized agent (1)
- Bona fide sale (1)
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- Brown v. Crandall (1)
- California Mill Supply Corp. v. Bank of America National Trust and Savings Association (1)
- Charged (1)
- Chattel mortgage (1)
- Checks (1)
- Complete and regular (1)
- Contractual obligation (1)
- Conversion of the instrument (1)
- Date of dishonor (1)
- Demand instrument (1)
- Easy payment plans (1)
- Farrell v. City of New York (1)
- First National Bank of Springfield v. Di Taranto (1)
- Fraudulent (1)
- Future delivery of money (1)
- Indorsement (1)
- Installment payments (1)
- Section 14 (1)
- Section 52 (1)
- Statutory period (1)
- Time price differential (1)
- Unpaid balance (1)
- Usurious interest (1)
Articles 1 - 4 of 4
Full-Text Articles in Entire DC Network
Bills And Notes-Indorsements-Liability Of Collecting Bank To Drawer For Payment On Forged Indorsement, Richard Darger
Bills And Notes-Indorsements-Liability Of Collecting Bank To Drawer For Payment On Forged Indorsement, Richard Darger
Michigan Law Review
Plaintiff was the drawer of a series of checks which were signed by, an authorized agent because of the fraudulent representation of one of its employees. These checks were never delivered to the payees but were cashed by defendant bank for the guilty employee upon indorsements forged by him. Defendant indorsed the checks and collected thereon from the drawee bank which, in turn, charged the checks to plaintiff's account. Plaintiff discovered the fraud after the statute of limitations had run on any action by plaintiff against the drawee bank. Plaintiff brought this action seeking recovery on the basis of (1) …
Usury And Purchases On Credit, Harold G. Christensen S.Ed.
Usury And Purchases On Credit, Harold G. Christensen S.Ed.
Michigan Law Review
Defendant purchased goods of the plaintiff on credit, giving his note, secured by a chattel mortgage, for the balance of the purchase price. The total price included a "time price differential" which exceeded the lawful rate of interest computed on the unpaid balance. Defendant defaulted in payment of the note and plaintiff sued to recover the goods. Defendant pleaded that the mortgage and note included usurious interest. Held, there was a bona fide sale on credit and the note was not usurious. Brown v. Crandall, (S.C. 1950) 61 S.E. (2d) 761.
Bills And Notes-Indorsee Taking An Incomplete Instrument As A Holder In Due Course, Cleaveland J. Rice S.Ed.
Bills And Notes-Indorsee Taking An Incomplete Instrument As A Holder In Due Course, Cleaveland J. Rice S.Ed.
Michigan Law Review
Plaintiff purchased from the payee defendant's note which was blank as to amount, date, and provisions for installment payments. Plaintiff immediately filled up the blanks in accordance with actual authority given by defendant. Held, plaintiff took free of an agreement between defendant and payee that the note was not to be negotiated until completion of work for which note was given, plaintiff having no knowledge of such agreement. First National Bank of Springfield v. Di Taranto, (N.J. Super. Ct., App. Div. 1950) 75 A. (2d) 907.
Bills And Notes-Limitation Of Actions-Running Of The Statute Of Limitations Against The Holder Of A Check, Gordon I. Ginsberg
Bills And Notes-Limitation Of Actions-Running Of The Statute Of Limitations Against The Holder Of A Check, Gordon I. Ginsberg
Michigan Law Review
Defendant issued a check to plaintiff's intestate on July 1, 1942 for services rendered. On April 21, 1943, the payee deposited the check in her bank, but it was returned to her uncollected because the bank on which it was drawn refused to make payment on account of its "stale" date. Nothing further was done to enforce payment of the check during the payee's lifetime, and she died on September 20, 1948. This action on the check was brought by her administrator on July 28, 1949. On appeal from a judgment for plaintiff, held, the action is barred by …