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;... Laws of the State of Utah - Page 131by Utah - 1899Full view - About this book
| Law reports, digests, etc - 1921 - 1204 pages
...to be; (2) that he has a good title to it; (3) that all prior parties had capacity to contract; (4) that he has no knowledge of any fact which would impair...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
...purports to be. 2. That he has a good title to it. 3. That all prior parties had capacity to contract. 4. That he has no knowledge of any fact which would impair...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
...to be ; 2. That he has a good title to it ; 3. That all prior parties had capacity to contract ; 4. That he has no knowledge of any fact which would impair...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
...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... | |
| 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... | |
| 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 - 434 pages
...purports to be; 2. That he has a good title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair...corporate securities, other than bills and notes. Sec. 66. Every indorser who indorses without qualification, warrants to all subsequent holders in due course:... | |
| Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...purports to be; 2. That he has a good title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair...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
...purports to be; 2. That he has a good title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair...corporate securities, other than bills and notes. § 11G. Liability of general indorser. — Every indorser who indorses without qualification, warrants... | |
| 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 impair...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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