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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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The Law of Commercial Paper: Prepared in the Extension Division of the ...

William Underhill Moore - Negotiable instruments - 1918 - 309 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. Warranty of indorser without qualification. — Section 1677 — 6. Every indorser who indorses without...
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Business Man's Commercial Law Library, Volume 3

Albert Sidney Bolles - Business law - 1918
...good title to it; that all prior parties had capacity to contract; that he has no knowledge of any fact which would impair the validity of the instrument...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...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

District of Columbia - Law - 1919 - 545 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...corporate securities other than bills and notes. Sec. 1370. WHAT INDORSER WARRANTS TO SUBSEQUENT 21 App D r HOLDERS. — Every indorser who indorses without...
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Business Law for Engineers

Calvin Frank Allen - Business law - 1919 - 460 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. 116. Liability of general indorser. — Every indorser who indorses without qualification, warrants...
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Banking Laws of the State of Missouri: Revision 1919

Banking law - 1919 - 302 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...negotiating public or corporate securities, other than bills or notes. (RS 1909, 10035.) Section cited and applied and held a promissory note, negotiable in...
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McKinney's Consolidated Laws of New York Annotated: With ..., Book 37

New York (State) - Law - 1917
...Parties 115 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. This section 'was derived from the Negotiable Instruments Law of 1897, 115. Proof of original defenses...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 24

North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1914
...9 Pac. 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 is no, liability, in short, under 6367, for the simple reason that the transfer...
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Illinois Banking Situation, Hearings Before ..., 84:2- ....

United States. Congress. Senate. Committee on Banking and Currency - 1956
...such instrument ; that all prior parties hart capacity to contract; that it has no knowledge of any fact which would impair the validity of the instrument or render it valueless and that the balance due on each such instrument is as shown by such instrument. Selling Bank agrees...
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Reports of Cases Determined in the Courts of Appeal of the State ..., Volume 64

Law reports, digests, etc - 1924
...it; that all prior parties had capacity to contract; and that the indorser has no knowledge of any fact which would impair the validity of the instrument or render it valueless; and under such an indorsement the party is not relieved from liability in case the instrument or any...
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Proceedings ..., Volume 21

New York State Bar Association - Bar associations - 1898
...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...immediate transferee. The provisions of subdivision 3 of this section do not apply to persons negotiating public or corporate securities, other than bills...
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