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
| John Jay Crawford - Negotiable instruments - 1916 - 382 pages
...Bank of X and not to B. § 65. Warranty where negotiation by delivery or qualified indorsement. — Every person negotiating an instrument by delivery...purports to be; 2. That he has a good title to it; 4. That he has no knowledge of any fact which would impair the validity of the instrument or render... | |
| John Jay Crawford - Negotiable instruments - 1916 - 376 pages
...of X and not to B. § 65. Warranty where negotiation by delivery or qualified indorsement.—Every person negotiating an instrument by delivery or by...purports to be; 2. That he has a good title to it; 4. That he has no knowledge of any fact which would impair the validity of the instrument or render... | |
| Electronic journals - 1918 - 508 pages
...knowledge of any facts which would tend to prove the instrument worthless.72 They now guarantee in addition that the instrument is genuine and in all respects what it purports to be and that all prior parties had capacity to contract.7* The implied warranty of the indorser without... | |
| William Underhill Moore - Negotiable instruments - 1918 - 342 pages
...things mentioned in subdivisions one, two, and three of the next preceding section." (1) The warranty that "the instrument is genuine and in all respects what it purports to be." Under this warranty the indorser or transferor is liable if for any reasons the paper never had an... | |
| Albert Sidney Bolles - Business law - 1918 - 256 pages
...If he signs for the accommodation of the payee he is liable to all parties subsequent to the payee. "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... | |
| Law reports, digests, etc - 1919 - 1884 pages
...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,... | |
| Law reports, digests, etc - 1919 - 1894 pages
...Й«Й£Л£* 411o, Revised Laws 1910, defines the warranties implied by a qualified indorsement as follows: "Every person negotiating an instrument by delivery or by a qualified indorsement warrants : First. That the instrument is genuine and in all respects what it purports to be. Second. That he... | |
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