Printable Format52-204.
History: L. 1905, ch. 310, § 11; R.S. 1923, 52-204; Repealed, L. 1965, ch. 564, § 416; January 1, 1966.
CASE ANNOTATIONS
1. Clause permitting extension of time renders note nonnegotiable. Bank v. Heslet, 84 Kan. 315, 316, 113 P. 1052.
2. Where maturity uncertain note is nonnegotiable. Bank v. Hoffman, 85 Kan. 71, 74, 116 P. 239.
3. Provision for extension without notice to maker renders note negotiable. National Bank v. Hoover, 114 Kan. 394, 401, 218 P. 1003.
4. Certificate not payable within six months nor after one year, upheld. Reserve State Bank v. Bank Commissioner, 117 Kan. 186, 230 P. 1056.
5. Provision authorizing extension by holder, maturity date uncertain; note nonnegotiable. Osborn v. Millikan, 140 Kan. 592, 593, 338 P.2d 104.
6. Cited in holding note for insurance premium containing assignment of losses collected not negotiable. Citizens State Bank v. Pauly, 152 Kan. 152, 155, 102 P.2d 966; First Nat'l Bank v. Zollars, 152 Kan. 542, 106 P.2d 657.
7. Provision accelerating due date at option of holder upon default; note negotiable. United States v. Nagorney, 28 F. Supp. 298.