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
| New York (State). Courts - Law reports, digests, etc - 1913 - 744 pages
...good 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. Nego. Inst. Law, §§ 115, 116. Where, however, these words are used in the assignment of a chose in... | |
| South Carolina - Law - 1914 - 734 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. § 66. Every indorser who indorses without qualification, warrants to all subsequent holders in due... | |
| Law reports, digests, etc - 1914 - 1320 pages
...Рас. 942. It is also clear that this is a case where the clause of § 6367, Rev. Codes 1905, that, "when the negotiation is by delivery only, the warranty...of no holder other than the immediate transferee," would apply. There ¡s no liability, in short, under § 6367, for the simple reason that the transfer... | |
| Louisiana, Robert Hardin Marr - Law - 1915 - 960 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. What Indorser Without Qualification Warrants. 505. [Sec. 66.] Every indorser who indorses without qualification,... | |
| John Cochran Miller - Negotiable instruments - 1915 - 268 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." See note to Section 66 and note to Section 57 on void instruments. The first three subsections seem... | |
| Marshall Davis Ewell - Law - 1915 - 1178 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...section do not apply to persons negotiating public or corporation securities, other than bills and notes.7 Sec. 66. Every indorser who indorses without qualification,... | |
| John Jay Crawford - Negotiable instruments - 1916 - 376 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...corporate securities, other than bills and notes. Express warranty.—This section refers, of course, only to the implied warranty. An express warranty... | |
| Mississippi - Law - 1916 - 790 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. But when negotiation is by delivery only, the warranty extends in favor of no holder other than the immediate... | |
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