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A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest. A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financing instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or ...
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A mortgage note comes with a promissory note, which is the borrower's promise to repay the loan. ... are valid until the borrower pays off the mortgage and owns the property free and clear. Show ...
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Huber brought a claim against Steiner in England on a promissory note which had been issued in France. Under French law, the relevant limitation period had expired. The court accepted that the proper law of the promissory note was French law, but the issue was whether the limitation bar was a substantive rule or a procedural one.
This note is a legal tender for all debts, public and private, except duties on imports and interest on the public debt, and is exchangeable for the U.S. six percent twenty-year bonds, redeemable at the pleasure of the United States after five years.
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