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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... "
A General Act Relative to Negotiable Instruments: (being an Act to Establish ... - Page 15
by Massachusetts - 1898 - 38 pages
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Southern Law Review and Chart of the Southern Law and Collection Union, Volume 1

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...
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Report of the ... Annual Meeting of the American Bar ..., Volume 10, Part 1887

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...
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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...indorsement of the entire bill. A partial indorsement, that is to say, an indorsement which purports to 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...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...indorsement of the entire bill. A partial indorsement — that is to say, an indorsement which purports to 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.)...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...indorsement of the entire bill. A partial indorsement, that is to say, an indorsement which purports to 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...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...indorsement of the entire bill. A partial indorsement, that is to say, an indorsement which purports to 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...
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Statutes at Large ...

Great Britain - 1882 - 574 pages
...of the entire bill. A partial indorsement, that is to say, an indorsement which purports 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...
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - Banking law - 1883 - 392 pages
...indorsement of the entire bill. A partial indorsement, that is to say, an indorsement which purports to 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...
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The Student's Statutes: Being the Principal Provisions of Some ..., Volume 424

John Frederick Haynes - English law - 1884 - 736 pages
...indorsement of the entire bill. A partial indorsement, that is to say, an indorsement which purports to 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...
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Roscoe's Digest of the Law of Evidence on the Trial of Actions ..., Volumes 1-2

Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...indorsement of the entire bill. A partial indorsement, that is to say, an indorsement which purports to transfer to the indorsee a part only of the amount payable, or which purports to transfer the bill to t\vo or more indorsees severally, does not operate as a negotiation of the bill." " (4.) Where,...
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