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" 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. "
C.P.A. Law Questions (of the Board of Examiners, American Institute of ... - Page 144
by American Institute of Certified Public Accountants. Board of Examiners, John Charles Teevan - 1925 - 190 pages
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Draft of a Civil Code for the State of New York

New York (State). Commissioners of the Code - Civil law - 1862 - 550 pages
...warrants to every subsequent ° holder of the instrument, who is not liable thereon to him : 1. That it is in all respects what it purports to be ;' 2. That he has a good title to it ;* 3. That his indorsement is binding upon him ;' 4. That the signatures of all prior parties are binding upon...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volume 9

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1894 - 588 pages
...qualified, warrants to every subsequent holder thereof, who is not liable thereon to him: 1, that it is in all respects what it purports to be; 2, that he has a good title to it; 3, that the signatures of all prior parties are binding upon them; 4. that if the instrument is dishonored,...
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Pacific Coast Law Journal: Containing All the Decisions of the ..., Volume 6

Law - 1881 - 1116 pages
...warrants to every subsequent holder, who is not liable, thereon to him: 1. That the instrument is, in all respects, what it purports to be. 2. That he has a good title to it. 3. That the signatures of all prior parties are binding upon them ; and 4. That if the instrument is dishonored,...
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The Pacific Reporter, Volume 117

Law reports, digests, etc - 1911 - 1174 pages
...course (1) the matters and things mentioned in subdivisions 1, 2, and 3 of the next preceding section [that the instrument is genuine and in all respects what it purports to be] ; and (2) that the instrument is at the time of his indorsement valid and subsisting. And, in addition,...
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An Act to Establish a Civil Code: Jan. 14, 1885

New York (State). - Civil law - 1885 - 422 pages
...qualified, warrants to every subsequent holder thereof, who is not liable thereon to him : 1. That it is in all respects what it purports to be ; 2. That he has a good title to it ; 3. That the signatures of all prior parties are binding upon them ; 4. That if the instrument is dishonored,...
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Atlantic Reporter, Volume 83

Law reports, digests, etc - 1912 - 1148 pages
...Its origin back in October, 1903, when the East End Savings & Trust Company, appellee, disinstrument Is genuine and in all respects what it purports to be; (2) that the indorser has a good title to it; and (3) that all prior parties had capacity to contract. The effect...
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The New York Supplement, Volume 140

Law reports, digests, etc - 1913 - 1288 pages
...will not be liable for payment in case of dishonor; he being still liable only on an implied warranty that the instrument is genuine, and in all respects what it purports to be, that he had good title, that all prior parties had capacity to contract, and that he had no knowledge...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 102

New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1918 - 832 pages
...Instruments Law provides: " Every person negotiating an instrument by delivery or by a qualified indorsement, warrants: (1) That the instrument is genuine and in...That all prior parties had capacity to contract." Section 116 of the act provides that every indorser who indorses without qualification warrants to...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 38

South Dakota. Supreme Court - Court rules - 1917 - 794 pages
...providing that every person negotiating an instrument by delivery or by qualified endorsement warrants that instrument is genuine and in all respects what it purports to be, held, that the original payee, who endorses the instrument, impliedly warrants to the drawee bank that...
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Reports of Cases Argued and Determined in the Ohio Circuit Courts...: Ohio ...

William John Tossell - Law reports, digests, etc - 1922 - 744 pages
...Nos. 1, 2 and 3 of the next preceding section." These provisions, which have already been read, are : "1. That the instrument is genuine and in all respects what it purports to be; that he has a good title to it, and that all prior parties had capacity to contract; and then, further...
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