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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 Passed at the First- Session of the State ... - Page 391
by Idaho - 1903
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Acts of the legislature of west virginia

1907
...; 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...negotiation is by delivery only, the warranty extends m favor of no holder other than the immediate transferee. The provisions of subdivision three of this...
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The Negotiable Instruments Law with Comments and Criticisms

Joseph Doddridge Brannan - Bills of exchange - 1908 - 250 pages
...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...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: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 212 pages
...it (d) ; 3. That all prior parties had capacity to contract (e) ; 4. That he has no knowledge of any fact which would impair the validity of the instrument or render it valueless (f). section do not apply to persons negotiating public or corporate securities, other than bills and...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908
...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 render it valueless. (4. That he has no knowledge of any fact which would impair the validity of the instrument.) But when...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Electronic books - 1908 - 206 pages
...it (d) ; 3. That all prior parties had capacity to contract (e) ; 4. That he has no knowledge of any fact which would impair the validity of the instrument or render it valueless (f). But when the negotiation is by delivery only, the warranty extends in favor of no holder other...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 250 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 render it valueless. 1 " The acceptor of a bill, by accepting it, (1) Engages that he will pay it according to the tenour...
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Popular Law Library, Putney...

Albert Hutchinson Putney - Law - 1908
...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 render it valueless. (4. That he has no knowledge of any fact which would impair the validity of the instrument.) But when...
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Corporate Finance and Accounting: Treating of the Corporate Finances and ...

Harry Clark Bentley - Corporation law - 1908 - 505 pages
...than to his immediate transferee, and the warranty that all prior parties had power to contract does not apply to persons negotiating public or corporate securities, other than bills and notes.25 ( 115.) The general refusal of a transferrer to guarantee the inMNat. Park Bank v. Ninth...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - Law - 1909
...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. Formerly L. 1897, ch. 612, 115. 116. Liability of general indorser. Every indoraer who indorses...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - Law - 1910
...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...who indorses without qualification, warrants to all subseqent holders in due course: 1. The matters and things mentioned in subdivisions one, two and three...
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