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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. "
The Pacific Reporter - Page 71
1925
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American Business Law: With Legal Forms

John James Sullivan - Commercial law - 1920 - 433 pages
...accommodation of the payee, he is liable to all parties subsequent to the payee. 208. Negotiation. — Every person negotiating an instrument by delivery or by a qualified indorsement warrants. 2. That he has a good title to it. 3. That all prior parties had capacity to contract. 4. That he has...
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Business Law: A Working Manual of Every-day Law, Volume 1

Thomas Conyngton - Commercial law - 1920
...for the accommodation of the payee he is liable to all parties subsequent to the payee. 65. — Every person negotiating an instrument by delivery or by a qualified indorsement, warrants: i. That the instrument is genuine and in all respects what it purports to be; 2. That he has a good...
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Reports of Cases Decided in the Supreme Court of the State of Oregon, Volume 95

Oregon. Supreme Court, William Wallace Thayer, Joseph Gardner Wilson, Thomas Benton Odeneal, Julius Augustus Stratton, William Henry Holmes, Reuben S. Strahan, George Henry Burnett, Robert Graves Morrow, James W. Crawford, Frank A. Turner, Bellinger, Charles Byron - Law reports, digests, etc - 1920
...statute actually couples them in the same phrase, and makes exactly the same warranty apply to both. Every person negotiating an instrument "by delivery or by a qualified indorsement," warrants, etc. Whether or not Judge WOLVERTON, in writing the opinion in Carroll v. Nodine, 41 Or. 412 (69 Pac....
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Business Man's Commercial Law Library, Volume 3

Albert Sidney Bolles - Business law - 1920
..."Every person negotiating an instrument by delivery or by a qualified indorsement warrants: That tie instrument is genuine and in all respects what it purports to be; that he has a good title to it; that all prior parties had capacity to contract; that he has no knowledge...
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The Law in Business Problems: Cases and Other Materials for the Study of ...

Lincoln Frederick Schaub, Nathan Isaacs - Commercial law - 1921 - 821 pages
...is what it purports to be. The provision of the Negotiable Instruments Law (Sec. 65) is as follows: "Every person negotiating an instrument by delivery or by a qualified indorsement [as when there is added to the indorser's signature the words "without recourse" or any words of similar...
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The Law of Negotiable Instruments: Including Promissory Notes, Bills of ...

James Matlock Ogden - Negotiable instruments - 1922 - 848 pages
...Bank, 234 Fed. Rep. 481, 148 C. C A. 247. 65. Warranty; where negotiation by delivery, et cetera. Every person negotiating an instrument by delivery...genuine and in all respects what it purports to be, and 3. That all prior parties had capacity to contract ; and 4. That he has no knowledge of any fact...
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Digest of Legal Opinions of Thomas B. Paton: General Counsel of the American ...

Thomas Bugard Paton - Banking law - 1922 - 760 pages
...forgery? Opinion: The indoreer is not relieved from liability. By this indorsement the indorser warrants that the instrument is genuine and in all respects what it purports to be. (Inquiry from Mich., Jan., 1912, Jl.) Holder in due course can recover from maker 1850. B gave his...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 197

New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1922
...person under whom he claims acquired the title as a holder in due course." Section 115 provides: " Every person negotiating an instrument by delivery or by a qualified indorsement, warrants: * * * 2. That he has a good title to it; * * * 4. That he has no knowledge of any fact which would...
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Commercial Banking: A Treatise Covering the Practical Operation of ..., Volume 1

William Henry Kniffin - Banks and banking - 1923
...form. Warranties of Indorsers.—A general indorser warrants to all subsequent holders in due course: 1. That the instrument is genuine and in all respects what it purports to be. 2. That he has good title to it. 3. That all prior parties had capacity to contract. 4. That the instrument at the...
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The Civil Code of the State of California: In Four Divisions, Compiled from ...

California - Civil law - 1923 - 562 pages
...accommodation of the payee, he is liable to all parties subsequent to the payee. 1917 — 1542. 3146. Every person negotiating an instrument by delivery or by a qualified indorsement, warrants — (2) That he has a good title to it; (3) That all prior parties had capacity to contract; (4) That...
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