When a check is made payable to John Smith or order, John Smith must sign his name on the back of the check--left-hand end and about an inch from the top.
A GOOD PLAN When you buy a draft which you mean to send off in payment of a debt, a good plan is to have it made payable to yourself.
Quite often, even though the paper has been made payable at a bank, the notary sends a messenger with the note to the maker to make a formal demand for payment.
The maker is the person who signs or promises to pay the note; the payee is the person to whom or to whose order the note is made payable.
If a check is made payable to John Smith or bearer, and if John Smith desires to transfer it to John Jones, he merely hands John Jones the check.
If a negotiable instrument is made payable to bearer, it is transferable by delivery.
A negotiable instrument payable to the order of a designated person is payable upon the indorsement and delivery of the person to whose order it is made payable.
The division of the loan conforms to my recommendation in the report, and it provides that the interest may be made payable abroad.
It was further provided that the principal and interest of the bonds bearing the lowest rate should be made payable either in the United States, or at Frankfort, Paris, or London, as the takers might prefer.
This change I overcame or avoided ultimately by a rule of the department by which interest on registered bonds could be made payable in checks of the Treasurer.
By another form of insurance the insurance may be made payable at a fixed time, or before, should the insured die before that period.
The price may be fixed by the contract or in such a manner as the parties may agree, and may be made payable in personal or real property.
And where a note ismade payable at a bank it is equivalent to an order to the bank to pay it for the account of the principal debtor thereon.
But you say they are never made payable to him as well as by him, so that he has really the control over them, if they are handed to him?
Several young men, who had no wives to receive their allotment notes, asked at the Shipping Office if they could be made payable in my own name and the shipping master said it was quite legitimate.
Every check should be endorsed exactly as it ismade payable on its face.
When a check is undoubtedly intended for you, and your name is not stated correctly on its face, endorse it exactly as it is made payable, and then endorse as you generally do.
Give him a full description of the check, the name of the party to whom it is made payable, the number, the date, and the amount.
Before going to the paying teller's window you should endorse any check you are collecting; even though it is made payable to "Cash" or to "Bearer.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "made payable" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
