The Law of Bills Notes And Checks Being the Full Text of the Negotiable Instru

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The Law of Bills Notes And Checks Being the Full Text of the Negotiable Instru
James Lucius Whitley
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Jones, 219 N. Y. 312.
FORM OF GUARANTY 19 For and in consideration of the sum of $i, the receipt whereof is hereby acknowledged, the advancement of moneys, the giving and extending of credit by the ^^«^ of io. ...
and of other valuable considerations, I hereby agree to pay or cause to be paid to the Bank all loans, drafts, over- drafts, endorsements, accounts, checks, notes, interests, demands and liabilities of every kind or description now owing or which may hereafter become due or owing by s
...aid to it whenever the same or any part thereof shall be due. All proceedings to collect from the principal debtor, or any one else, are expressly waived and I waive demand, notice and proceedings of every kind, and agree that the said bank may, without notice, surrender or release securities held by it and grant extensions of time to, and from time to time renew any obligations of said principal debtor without notice. This is a continuing guarantee.
(Seal) § 145. Time of maturity. Every negotiable instrument is payable at the time fixed therein without grace.


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