 Where an instrument is payable to the order of two or more payees, or indorsees who are not partners, all must indorse, unless the one indorsing has authority to indorse for the others. Sec. 42. [Effect of instrument drawn or indorsed to a person as cashier...  American law reports annotated - Page 1611923Full view - About this book
 | American Bar Association - Law - 1887 - 460 pages
...to two or more indorsees severally, does not operate as a negotiation of the bill. (3) AVhere a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. (4) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name is... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. See sect. 97 (d) as to dividend warrants. (4.) Where, in a bill payable to order, the payee or indorsee... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...to two or more indorsees severally does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name is... | |
 | Great Britain - 1882 - 574 pages
...to two or more indorsees severally does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name is... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...or more indorsees severally — does not operate as a negotiation of the bill (c). (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others (d). (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name is... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others (/). (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name... | |
 | Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...parte Sutton, 2 Cox, 84, cited per cur. in the last case. By sect. 32 (3), ante, p. 336, "where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others." A partner has no implied authority to indorse a lull in the name of the partnership as security for... | |
 | John Frederick Haynes - English law - 1884 - 736 pages
...to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name is... | |
 | South Australia - Law - 1884 - 330 pages
...to two or more indorsees severally, does not operate as a negotiation of the bill. (3.) Where a bill is payable to the order of two or more payees or indorsees...indorsing has authority to indorse for the others. (4.) Where, in a bill payable to order, the payee or indorsee is wrongly designated, or his name is... | |
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