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" That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the assignor upon such warranty shall not exceed the amount of the claim. "
McKinney's Consolidated Laws of New York Annotated: With Annotations from ... - Page 93
by New York (State) - 1917
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The New York Supplement, Volume 189

Law reports, digests, etc - 1921 - 1162 pages
...delivery or by a qualified indorsement warrants : * * * 2. That he has a good title to It. * • • 4. That he has no knowledge of any fact which would...validity of the instrument or render it valueless." [3] It follows that, when the appellant had presented sufficient evidence of fraud or wrongful purpose...
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The New York Supplement, Volume 140

Law reports, digests, etc - 1913 - 1288 pages
...purports to be ; that he has good title to it ; that all prior parties had capacity to contract ; and that he has no knowledge of any fact which would impair...validity of the instrument or render it valueless. Negotiable Instruments Law (Consol. Laws 1909, c. 38) §§ 115, 116. Where, however, these words are...
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The New York Supplement, Volume 98

Law reports, digests, etc - 1906 - 1408 pages
...that the instrument is genuine; that nil prior parties had capacity to contract; that the Indorser has no knowledge of any fact which would Impair the validity of the Instrument ; that the instrument Is valid and subsisting ; and that on due presentment it shall be paid according...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...the payee, he is liable to all parties subsequent to the payee. 2. That he has a good title to it; 4. That he has no knowledge of any fact which would...validity of the instrument or render it valueless. 3. That all prior parties had capacity to contracl; But when the negotiation is by delivery only, the...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...by by delivery or by qualified indorsement warrants : deRveryor 2. That he has a good title to it ; 3. That all prior parties had capacity to contract...validity of the instrument or render it valueless. instrument But when the negotiation is by delivery only the wardeSver^eodni7. ranty extends in favor...
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Laws of the State of Wisconsin

Wisconsin - Bills, Private - 1899 - 856 pages
...purports to be. 2. That he has good title to it. 3. That all prior parties had capacity to ("*1B" tract ; 4. That he has no knowledge of any fact which would...validity of the instrument or render it valueless. lint when the negotiation is by delivery only, the warranty extends in favor of no holder other than...
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - Checks - 1900 - 396 pages
...be; (2) that he has a good title to it ; 3 (3) that all prior par* ties had capacity to contract ; 4 (4) that he has no knowledge of any fact which would...impair the validity of the instrument or render it valueless.6 1 Meyer v. Richards, 163 U. 8. 385. * Littaner v. Goldman, 72 NY 506 ; Bell v. Dagg, 60...
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Supplement to the Revised Statutes of the United States ..., Volume 2, Part 2

United States - Law - 1901 - 934 pages
...Second. That he has a good title to it. Third. That all prior parties had capacity to contract. Fourth. That he has no knowledge of any fact which would impair...of no holder other than the immediate transferee. persons negotiating public or corporate securities other than bills and notes. Liability of gen- ^ECi...
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The Law of Promissory Notes, Drafts, Checks, Etc

Leslie Jay Tompkins - Checks - 1901 - 220 pages
...instrument is genuine, and in all respects what it purports to be; (2) that he has good title to it; (3) that all prior parties had capacity to contract;...validity of the instrument or render it valueless. (Sec. 115.) This covers transfers by delivery where there is no indorsement. Any and every person who...
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One Thousand Questions and Answers in Business Law: A Plain, Practical and ...

Commercial law - 1901 - 242 pages
...genuine and is in all respects what it purports to be ; 2. That he has a good title to it ; 3. That prior parties had capacity to contract ; 4. That he has no knowledge of any fact that would impair the validity of the instrument. 97. To whom does he give this warranty? To the immediate...
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