 | International Correspondence Schools - Bookkeeping - 1899 - 650 pages
...attime of settlement ? Answers.— (1) $957.67; (2) $1,193.60; (3) $1,401.41. PROMISSORY XOTES. 64. A promissory note is a written promise to pay a certain sum at a certain time. 65. The maker or drawer of a note is the person that promises to pay; the payee... | |
 | Burritt Hamilton - Commercial law - 1900 - 352 pages
...Negotiable Paper. — The most common kinds of negotiable paper are Promissory Notes and Bills of Kxchange. A Promissory Note is a written promise to pay a certain sum of money to a certain person, at a certain time and place therein specified. Illustration. $1000 Battle Creek,... | |
 | Samuel Wesley Baird - Arithmetic - 1901 - 388 pages
...kept till it amounted to $ 472.77. How long did I keep it ? NOTES 518. A Note is a written or printed promise to pay a certain sum of money on demand, or at a specified time. 519. To every note there must be two parties, the maker and the payee. The party who promises to pay... | |
 | Eugene L. Dubbs - Arithmetic - 1901 - 462 pages
...paid for its use for one year. 5. The time is the period during which the principal bears interest. 6. A promissory note is a written promise to pay a certain sum of money at a specified time. 7. The sum specified in the note is its face or the principal. REMARK. It is customary... | |
 | Joseph Ray - Arithmetic - 1903 - 366 pages
...for the use of which interest is paid. The amount is the sum of the principal and interest. A note or a promissory note is a written promise to pay a certain sum of money on demand or at a specified time. NOTE. — The borrower always gives the lender his note for the money. The following is a common form... | |
 | Education - 1919 - 826 pages
...draft In usual form except It designates some definite time in the future for the payment to be made. A promissory note Is a written promise to pay a certain sum of money to a designated party at a definite, place at some designated time in the future. Notes frequently... | |
 | Hugh Mortimer Spalding - Commercial law - 1903 - 718 pages
...with us dollars, pay»ble to PE (<" himself) or order (un return of this certificate;. B- R- S. & Co. A PROMISSORY NOTE is a written promise to pay a certain sum of money at a future time unconditionally.* A holder of a promissory note is one to whom a promissory note is... | |
 | Jacob Henry Minick, Clement Carrington Gaines - Business mathematics - 1904 - 412 pages
...negotiable notes, drafts, checks, and other written or printed evidences of indebtedness. 610. A Note (Promissory Note) is a written promise to pay a certain sum of money on demand, or at a specified time, for value received, signed by the party making the promise. 611. A Draft is an order in writing signed... | |
 | Bookkeeping - 1905 - 136 pages
...the transactions for the month of February. Three transactions are given as models. PKOMISSOKY NOTES A Promissory Note is a written promise to pay a certain sum of money at a specified time or on demand. Promissory notes are very extensively used in business, and serve... | |
 | Business - 1905 - 168 pages
...of an innocent holder the law assumes that there was a valuable consideration. Promissory Notes. — A promissory note is a written promise to pay a certain sum of money at a specified time. There are three kinds, individual promissory notes, or those made by one party... | |
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A Promissory Note is a written promise to pay a certain sum of money, on demand or at a specified time. 
