An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by delivery ; if payable to order it is negotiated by the indorsement... Journal of the Institute of Bankers - Page 460by Institute of Bankers (Great Britain) - 1882Full view - About this book
| John Jay Crawford - Negotiable instruments - 1908 - 366 pages
...80. When prior party may negotiate instrument. § 60. What constitutes negotiation. — An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer (a) it is negotiated... | |
| Albert Hutchinson Putney - Law - 1908 - 396 pages
...after maturity. ARTICLE III. — NEGOTIATION. [NEGOTIATION — HOW COMPLETED.] § 30. An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof; if payable to bearer, it is negotiated by... | |
| Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 pages
...instrument knew him to be only an accommodation party. ARTICLE III. t NEGOTIATION. Sec. 30. An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by... | |
| New York (State) - Law - 1909 - 926 pages
...of. 80. When prior party may negotiate instrument. § 60. What constitutes negotiation. An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by... | |
| John James MacLaren - Bills of exchange - 1909 - 658 pages
...accommodation party. ARTICLE IV.— NEGOTIATION. 60. What constitutes negotiation. — An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by... | |
| Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...it apply also to the original operation of transferring the bill to the payee. It lays down that " a bill is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder of the bill." It carefully abstains from prescribing... | |
| Willis Seaver Paine - Banking law - 1910 - 874 pages
...80. When prior party may negotiate instrument. § 60. What constitutes negotiation. — An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by... | |
| Australia - Session laws - 1910 - 480 pages
...illegality, value has in good faith been given for the bill. DIVISION 4. — NEGOTIATION OF BILLS. 36. — (1.) A bill is negotiated when it is transferred from one person Negotiation or to another in such a manner as to constitute the transferee the holder ^ ',_ S1 of the... | |
| United States - 1911 - 536 pages
...the payer, and payment to the indorsee is valid whether the condition has been fulfilled or not. SEC. 31. (1) A bill Is negotiated when it is transferred...manner as to constitute the transferee the holder of th« bill. <2) A bill payable to bearer is negotiated by delivery. (3) A bill payable to order is negotiated... | |
| Law reports, digests, etc - 1916 - 1090 pages
...of the country. And the term is used in precisely the same sense in the act. Section 31 shows that a bill is negotiated when it is "transferred from one person to another" in a certain manner. The negotiation of an instrument is distinguished from the delivery of it to the... | |
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