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" Where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferor had therein, and the transferee acquires, in addition, the right to have the indorsement... "
A Handy Book on the Law of Bills, Cheques, Notes and IOU's - Page 32
by James Walter Smith - 1884 - 156 pages
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Session laws - 1904 - 378 pages
...him, are thereby relieved from liability on the instrument. § 49. Where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferor had therein, and the transferee acquires, in addition,...
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The Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...relieved from liability on the instrument. Transfer without indorsement.-Where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferor had therein, and the transferee acquires, in addition,...
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Proceedings of the ... Annual Conference of Commissioners on ..., Volume 18

Commissioners on Uniform State Laws (U.S.). Conference - Uniform state laws - 1908 - 178 pages
...Pac. 1078 (Wash.), 1908. Under Laws 1899, c. 149, § 49 (Cr. § 79), where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the holder had therein. Matlock vs. Scheuerman, 93 Pac. 823 (Oregon),...
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Cases Determined in the Supreme Court of Washington, Volume 36

Washington (State). Supreme Court, Arthur Remington, Solon Dickerson Williams - Law reports, digests, etc - 1904 - 824 pages
...however, provides aa follows : Dec. 1904] Opinion Per HADLEY, J. "Where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferer had therein, and the transferee acquires, in addition,...
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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - Law - 1904 - 1280 pages
...to him, are hereby relieved from liability on the instrument. 68. Where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferor had therein ; and the transferee acquires, in...
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Acts of the General Assembly of the Commonwealth of Kentucky, Passed

Kentucky - Law - 1904 - 384 pages
...instrument. Transfer without § 49. where the holder of an instrument payable endorsement — effect * *of to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the trausferrer had therein, and the transferee acquires, in...
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Keister's Business Manual: A Hand Book for Everybody

David Armel Keister - Business - 1904 - 168 pages
...the payee, he is liable to all parties subsequent to the payee. 14. If the holder 01 an instrument payable to his order, transfers it for value without indorsing it, the transferee acquires such title as the transferer had therein, and is entitled to have the indorsement...
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The Company and Commercial Laws of the Transvaal: With Explanatory Notes and ...

Manfred Nathan - Corporation law - 1905 - 462 pages
...transferee the holder of the bill. (2) A bill payable to bearer is negotiated by delivery. (4) When the holder of a bill payable to his order transfers it for value without endorsing it the transfer gives the transferee such title as the transferor had in the bill, and the...
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The Negotiable Instruments Law

Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 pages
...section 82 NEGOTIABLE INSTRUMENTS IN GENERAL. 51, which provides that "where the holder of an instrument payable to his order transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferer had therein." In Day v. Longhurst (1893) 41 WR...
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The Home Library of Law ...

Albert Sidney Bolles - Law - 1905 - 224 pages
...restrictively indorsed, or discharged by payment or otherwise. SEC. 49. Where the holder of an instrument, payable to his order, transfers it for value without indorsing it, the transfer vests in the transferee such title as the transferer had therein; and the transferee acquires, in addition,...
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