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 711925Full view - About this book
| Joseph Doddridge Brannan, Zechariah Chafee (Jr.) - Bills of exchange - 1926 - 1202 pages
...Meyers Co. v. Battle, 170 NC 168, 86 SE 1034. Sec. 65. Warranty Where Negotiation By Delivery, Etc. Every person negotiating an instrument by delivery...is genuine and in all respects what it purports to be;(a) 2. That he has a good title to it ; (&) 3. That all prior parties had capacity to contract ;... | |
| Thomas Bugard Paton - Banking law - 1926 - 1408 pages
...led to believe that under paragraph 65 of the Negotiable Instruments Law, the indorsements warrant that the instrument is genuine and in all respects what it purports to be, and, therefore, that the indorsers are liable without regard to whether the maker had the authority... | |
| John Abrum Powelson - Accounting - 1926 - 760 pages
...does not undertake that the instrument will be paid, but he does undertake certain warranties such as that the instrument is genuine and in all respects what it purports to be, that all prior parties had capacity to contract, that he has a good title to the instrument, and that... | |
| John Edson Brady - Banking law - 1926 - 588 pages
..."Every indorser who indorses without qualification warrants to all subsequent holders in due course: "That the 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 the instrument... | |
| Electronic journals - 1926 - 1180 pages
...BRANNAN, NEGOTIABLE INSTRUMENTS LAW, 3 ed., 472. 15 NEGOTIABLE INSTRUMENTS LAW, § 65, provides: " Every person negotiating an instrument by delivery or by a qualified indorsement, warrants: — 3. That all prior parties had capacity to contract. . . . The provisions of subdivision three of... | |
| Henry Winthrop Ballantine - Bar examinations - 1927 - 1166 pages
...recourse. As now phrased in section 65 of the Negotiable Instruments Law, the qualified indorser warrants "that the 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, and that he lias no... | |
| Electronic journals - 1927 - 574 pages
...— The general indorser of a negotiable instrument warrants to all subsequent holders in due course that the 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; and that the instrument... | |
| Clem Wetzell Collins - Accounting - 1928 - 976 pages
....._ Problem 6 (June 1917) In a qualified endorsement or an endorsement without recourse, the endorser warrants: (1) that the instrument is genuine and in all respects what it purports to be; (2) that ho had a good title to it; (3) that all prior parties had the capacity to contract; (4) that he has... | |
| Accounting - 1928 - 498 pages
...negotiable-instruments act provides that every person negotiating an instrument by qualified endorsement warrants that the instrument is genuine and in all respects what it purports to be. It would appear that this instrument is not what it purports to be in that it is not signed by John... | |
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