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" 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 391
by Idaho - 1903
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Laws of the State of Delaware

Delaware - Law - 1911 - 862 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. OF NEGOTIABLE INSTRUMENTS. But when the negotiation is by delivery only, the warranty extends in favor...
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Lectures on Commercial Law and the Law of Negotiable Instruments

Samuel Williston - Commercial law - 1911 - 326 pages
...to it; that all prior parties had capacity to contract ; that the negotiator has no knowledge of any fact which would impair the validity of the instrument or render it valueless. That is, almost everything is warranted, except that the parties to it will pay the instrument. That...
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Lectures on Business Law and the Negotiable Instruments Law

Samuel Williston - Commercial law - 1911 - 322 pages
...to it; that all prior parties had capacity to contract; that the negotiator has no knowledge of any fact which would impair the validity of the instrument or render it valueless. That is, almost everything is warranted, except that the parties to it will pay the instrument. That...
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The Negotiable Instruments Law Annotated: With References to the English ...

Joseph Doddridge Brannan - Bills of exchange - 1911 - 372 pages
...title to it, and the capacity of prior parties, but also, by 65-4, " that he has no knowledge of any fact which would impair the validity of the instrument or render it valueless." Why should the knowledge of the transferor be irrelevant in the case of forgery, or capacity of prior...
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Annual Reports of the War Department, Volume 4

United States. War Department - 1912 - 814 pages
...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 of the instrument...immediate transferee. The provisions of subdivision (c) of this section do not apply to persons negotiating public or corporation securities other than...
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Annual Reports of the Secretary of War, Volume 4

United States. War Department - 1912 - 810 pages
...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 of the instrument...immediate transferee. The provisions of subdivision (c) of this section do not apply to persons negotiating public or corporation securities other than...
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Cyclopedia of Law ...

Charles Erehart Chadman - Law - 1912 - 666 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...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...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - Law - 1913 - 804 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. 1. The matter and things mentioned in subdivision one, two, three and font- of the next preceding section;...
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volume 4

William Frederick Elliott - Contracts - 1913 - 1180 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...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,...
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Session Laws

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...
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