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 391by Idaho - 1903Full view - About this book
| John James MacLaren - Bills of exchange - 1909 - 658 pages
...respects what it 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...render it valueless. But when the negotiation is by uelivery only, the warranty extends in favor of no holder other than the immediate transferee. The... | |
| James Parker Hall, James De Witt Andrews - Law - 1910 - 484 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...who indorses without qualification, warrants to all subseqent holders in due course: 1. The matters and things mentioned in subdivisions one, two and three... | |
| James Parker Hall, James De Witt Andrews - Law - 1910 - 484 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...who indorses without qualification, warrants to all subseqent holders in due course: 1. The matters and things mentioned in subdivisions one, two and three... | |
| Willis Seaver Paine - Banking law - 1910 - 874 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. Meyer v. Richards, 163 US 385, 41 L. ed. 199, 16 Sup. Ct. Rep. 1148; Meriden Nat. Bank v. Gallandet,... | |
| Ernest Wilson Huffcut - Negotiable instruments - 1910 - 914 pages
...prior parties had capacity to contract; 4. That he has no knowledge of any fact which would iinpaii the validity of the instrument or render it valueless....corporate securities, other than bills and notes. [NOTE. — Where there is a latent defect, as for example, usury, it is not covered by the implied... | |
| Louis Applebome - Admission to the bar - 1910 - 468 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...of no holder other than the immediate transferee." Q. A delivered to B, an infant, his certain promissory note for $500. B indorses and transfers the... | |
| Fred William Weitzel - Bank deposits - 1910 - 156 pages
...title to it ; that all prior parties had capacity to contract ; and that he has no knowledge of any fact which would impair the validity of the instrument or render it valueless." When he endorses, however, he also warrants to all subsequent holders in due course, that the instrument... | |
| Alfred William Bays - Negotiable instruments - 1911 - 216 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 bills and notes. Sec. 66. Every indorser not an accommodating party who indorses without qualification, warrants to all subsequent holders in... | |
| Alfred William Bays - Negotiable instruments - 1911 - 216 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 bills and notes. Sec. 66. Every indorser not an accommodating party who indorses without qualification, warrants to all subsequent holders in... | |
| District of Columbia - Law - 1911 - 552 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...or corporate securities other than bills and notes. c ^ipp326^3- ?i ^ec> 1370. WHAT INDORSER WARRANTS TO SUBSEQUENT D. c. Ap'p., 190. HOLDERS. — Every... | |
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