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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) That he has a good title to it; (3) That all prior parties had capacity to contract;... "
General Laws of the State of Idaho ... - Page 391
by Idaho - 1903
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Session laws - 1904 - 378 pages
...negotiation is by delivery only, the ^ warranty extend? in favor of no holder other than the timmedia te transferee. The provisions of subdivision three of...corporate securities, other than bills and notes. qu^ufl°c" e ion-war 0ut ' § 66. Every indorsee who indorses without quali1 fication, warrants to...
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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., Volume 1

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...title to it; (3) that all prior parties had capacity to contract; (4) that he has no knowledge of any fact which would impair the validity of the instrument...or corporate securities other than bills and notes. 1899, c. 733, s. 65. 2215. Indorser without qualification warrants what. Every indorser who indorses...
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Acts of the Legislature of the State of Michigan, Part 2

Michigan - Session laws - 1905 - 754 pages
...it; Third, That all prior parties had capacity to contract; Fourth, That he has no knowledge of any fact which would impair the validity of the instrument...The provisions of subdivision three of this section subdivi do not apply to persons negotiating public or corporate ^"J^y™* securities, other than bills...
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The Negotiable Instruments Law

Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 pages
...it;8 Third, That all prior parties had capacity to contract;4 Fourth, That he has no knowledge of any fact which would impair the validity of the instrument or render it valueless.5 But when the negotiation is by delivery only, the warranty extends in favor of no holder...
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The Home Library of Law ...

Albert Sidney Bolles - Law - 1905 - 224 pages
...or render it valueless. "But when the negotiation is by delivery only the warranty extends in favour of no holder other than the immediate transferee. " The provisions of subdivision 3 of this section do not apply to persons negotiating public or corporation securities, other than...
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The Negotiable Instruments Law as Enacted by the State of Ohio and Other ...

Emilius Oviatt Randall - Negotiable instruments - 1906 - 238 pages
...title to it. 3. That all prior parties had capacity to contract. 4. That he has no knowledge of any fact which would impair the validity of the instrument...other than the immediate transferee. The provisions of paragraph numbered three of this section do not apply to persons negotiating public or corporate securities,...
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The Code of Law for the District of Columbia: Enacted March 3, 1901, Amended ...

District of Columbia - Law - 1906 - 442 pages
...prior parties had capacity to contract. Fourth. That he has no knowledge of any fact which would imp; the validity of the instrument or render it valueless....when the negotiation is by delivery only the warranty exten in favor of no holder other than the immediate transferee. The provisions of subdivision three...
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Acts of the General Assembly of the State of Alabama

Alabama - Law - 1907 - 1034 pages
...title to it. 3. That all prior parties had capacity to contract. 4. That he has no knowledge of any fact which would impair the validity of the instrument...corporate securities, other than bills and notes. Section 66. Every indorser who indorses with- indorser war out qualification, warrants to all subsequent...
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Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - Law - 1907 - 1252 pages
...title to it; 3. That all prior parties had capacity to contract; 4. That he has no knowledge of any fact which would impair the validity of the instrument...provisions of subdivision three of this section do not applyto persons negotiating public or corporate securities, other than bills and notes. § 116. Liability...
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Laws

Illinois - Law - 1907 - 644 pages
...contract. 4. That he has no knowledge of any fact which would impair the validity of the instrument. But when the negotiation is by delivery only, the...corporate securities, other than bills and notes. § 66. Every indorser not an accommodating party who indorses without qualification, warrants to all...
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