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
| Ohio - Session laws - 1911 - 812 pages
...warrants : (a) That the certificate is genuine, (b) That he has a legal right to transfer it, and (e) 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... | |
| Pennsylvania. Laws, statutes, etc - Law - 1911 - 1396 pages
...warrants — (a.) That the certificate is genuine, (b.) That he has a legal right to transfer it, and (c.) 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... | |
| United States. War Department - 1912 - 814 pages
...That he has a good title to it ; (c) That all prior parties had capacity to contract; (d) That he nas no knowledge of any fact which would impair the validity...immediate transferee. The provisions of subdivision (c) of this section do not apply to persons negotiating public or corporation securities other than... | |
| United States. War Department - 1912 - 810 pages
...That he has a good title to it ; (c) That all prior parties had capacity to contract; (d) That he nas no knowledge of any fact which would impair the validity...immediate transferee. The provisions of subdivision (c) of this section do not apply to persons negotiating public or corporation securities other than... | |
| Charles Erehart Chadman - Law - 1912 - 666 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...But when the negotiation is by delivery only, the warnanty extends in favor of no holder other than the immediate transferee. The provisions of paragraph... | |
| South Dakota - Law - 1913 - 804 pages
...purports to be. 2. That he has 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. 1. The matter and things mentioned in subdivision one, two, three and font- of the next preceding section;... | |
| William Frederick Elliott - Contracts - 1913 - 1180 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...extends in favor of no holder other than the immediate transferee."88 Thus we see that the warranties of the qualified indorser extend to all subsequent holders,... | |
| South Dakota - Session laws - 1913 - 796 pages
...3. That all prior parties had capacity to contract. 4. That he has no knowledge of any fact whicli would impair the validity of the instrument, or render...the negotiation is by delivery only, the warranty extend,'; in favor of no holder other than the immediate transferee. The provisions of subdivision... | |
| New York (State). Courts - Law reports, digests, etc - 1913 - 744 pages
...it 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. Nego. Inst. Law, §§ 115, 116. Where, however, these words are used in the assignment of a chose in... | |
| Samuel Williston - Commercial law - 1913 - 264 pages
...to contract. If the instrument is simply transferred without indorsement, the seller also warrants that he has no knowledge of any fact which would impair the validity of the instrument and render it valueless. The provision as to capacity to contract does not apply to the sale of bonds... | |
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