 | Law - 1872 - 940 pages
...for part of the amount due the holder, and such an indorsement is utterly void as such,4 but when it has been paid in part it may be indorsed as to the residue.* And an indorsement of part of the amount due would give the intended indorsee a lien on the instrument.6... | |
 | American Bar Association - Law - 1887 - 460 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally, does not operate as a negotiation of the bill. (3) AVhere a bill is payable to the order of two or more payees or indorsees who are not partners... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally — does not operate as a negotiation of the bill (c). (3.) Where a bill is payable to the order of two or more payees or indorsees who are not... | |
 | Great Britain - 1882 - 574 pages
...totransfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...transfer to the indorsee a part only of the amount payable (e), or which purports to transfer the bill to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners,... | |
 | South Australia - Law - 1884 - 330 pages
...transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees who are not partners... | |
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The indorsement must be an indorsement of the entire instrument. An indorsement, which purports to transfer to the indorsee a part only of the amount payable, or which purports to transfer the instrument to two or more indorsees severally, does not operate... 
