Every person negotiating an instrument by delivery or by a qualified indorsement, warrants: (1) That the instrument is genuine and in all respects what it purports to be; (2) That he has a good title to it; (3) That all prior parties had capacity to contract;... General Laws of the State of Idaho ... - Page 391by Idaho - 1903Full view - About this book
| Law reports, digests, etc - 1921 - 1204 pages
...title to it; (3) that all prior parties had capacity to contract; (4) that he has no knowledge of any fact which would impair the validity of the instrument...corporate securities, other than bills and notes." In Thompson v. McCuUough, 31 Mo. 224, loc. cit. 225, 77 Am. Dec. 644, the court said: "The bill of... | |
| Virginia - Law - 1899 - 724 pages
...title to it. 3. That all prior parties had capacity to contract. 4. That he has no knowledge of any fact which would impair the validity of the instrument...or corporate securities other than bills and notes. § 66. LIABILITY OF GENERAL INDORSERS. — Every indorser who indorses without qualification warrants... | |
| Maryland - Law - 1898 - 700 pages
...title to it ; 3. That all prior parties had capacity to contract ; 4. That he has no knowledge of any fact which would impair the validity of the instrument...corporate securities, other than bills and notes. 85. Every indorser who indorses without qualification, warrants to all subsequent holders in due course... | |
| Law reports, digests, etc - 1913 - 1288 pages
...title to it ; that all prior parties had capacity to contract ; and that he has no knowledge of any fact which would impair the validity of the instrument or render it valueless. Negotiable Instruments Law (Consol. Laws 1909, c. 38) §§ 115, 116. Where, however, these words are... | |
| South Dakota. Supreme Court - Court rules - 1917 - 794 pages
...or by qualified indorsement, warrants : instrument is negotiated by delivery only, the contract of warranty extends in favor of no holder other than the immediate transferee. Section 65, suflxl. 4. The negotiator of the instrument, under the correct interpretation of this section,... | |
| Colorado - Electronic journals - 1897 - 394 pages
...title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair the validity of the instrument...securities, other than bills and notes. Sec. 66. Every inctorser who indorses without qualification, warrants to all subsequent holders in due course: 1.... | |
| Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair the validity of the instrument...corporate securities, other than bills and notes. Sec. 73. Every indorser who indorses without qualification, warrants to all subsequent holders in due course:... | |
| New York (State) - Law - 1897 - 996 pages
...title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair the validity of the instrument...corporate securities, other than bills and notes. § 11G. Liability of general indorser. — Every indorser who indorses without qualification, warrants... | |
| Florida - Law - 1897 - 426 pages
...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 impair the 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... | |
| Massachusetts - 1898 - 48 pages
...title to it ; 3. That all prior parties had capacity to contract ; 4. That he has no knowledge of any fact which would impair the 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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