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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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A Treatise on the Law of Defenses in Actions on Commercial Paper ..., Volume 1

Joseph Asbury Joyce, Howard Clifford Joyce - Actions and defenses - 1924 - 2158 pages
...Liability of transferrer without indorsement — Warranty. — The Negotiable Instruments Act provides that every person negotiating an instrument by delivery or by a qualified indorsement, warrants that the instrument is genuine, and in all respects what it purports to be ; that he has a good title...
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C.P.A. Law Questions (of the Board of Examiners, American Institute of ...

American Institute of Certified Public Accountants. Board of Examiners, John Charles Teevan - Commercial law - 1925 - 190 pages
...endorser. Could he recover? Answer: Section 65 of the Negotiable Instruments Law provides as follows: "Every person negotiating an instrument by delivery or by a qualified indorsement warrants ... 4. That he has no knowledge of any fact which would impair the validity of the instrument or render...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 293

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Law reports, digests, etc - 1935
...time of his endorsement valid and subsisting. The " matters and things " in 115 so referred to are: (1) That the instrument is genuine and in all respects...(3) That all prior parties had capacity to contract. ' Treasury Department Circular No. 176. December 31, 1919. 1 Reserve Bank Circular No. 258. March 1,...
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McKinney's Consolidated Laws of New York Annotated: With ..., Book 37

New York (State) - Law - 1917
...Div. 273, 72 NYS 691. 115. Warranty; where negotiation by delivery or by a qualified indorsement. Every person negotiating an instrument by delivery...genuine and in all respects what it purports to be ; li. 1909, ch. 43 Liabilities of Parties 115 3. That all prior parties had capacity to contract...
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Illinois Banking Situation, Hearings Before ..., 84:2- ....

United States. Congress. Senate. Committee on Banking and Currency - 1956
...Corporation of notes or other negotiable instruments Selling Bank expressly warrants that each such instrument is genuine and in all respects what it purports to be ; that it has good title to each such instrument ; that all prior parties hart capacity to contract;...
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American Law Reports Annotated, Volume 1

Law reports, digests, etc - 1919
...warrants to all subsequent holders in due course: (1) That the instrument is genuine; (2) that he has good title to it; (3) that all prior parties had capacity to contract; (4) that the instrument is valid and subsisting; and, in addition, he engages that it will be paid on presentation,...
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Reports of Cases Determined in the Courts of Appeal of the State ..., Volume 64

Law reports, digests, etc - 1924
...indorsement "without recourse" still leaves the indorser liable as a vendor, with the following warranties that the instrument is genuine and in all respects what it purports to be; that the indorser has a good title to it; that all prior parties had capacity to contract; and that...
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Proceedings ..., Volume 21

New York State Bar Association - Bar associations - 1898
...Richmond, 59 NY 478.) Section 115, as to warranty where negotiations is by delivery, is as follows: " 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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Pittsburgh Legal Journal, Volume 63

Law - 1915
...66, read as follows: "Every person negotiating an instrument by delivery or by qualified endorsement warrants: 1. That the instrument is genuine and in...That all prior parties had capacity to contract." The particular words on which defendant relies for relief from liability arc, "he will pay the amount...
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Report

California Board of Bank Commissioners - Banks and banking - 1888
...qualified, warrants to every subsequent holder thereof, who is not liable thereon to him: 1. That it is in all respects what it purports to be; 2. That he has a good title to it; 3. That the signatures of all prior parties are binding upon them : 4. That if the instrument is dishonored,...
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