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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;... "
Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ... - Página 206
por Pennsylvania. Laws, statutes, etc - 1901
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - 1908 - 396 páginas
...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 the negotiation is by delivery only, the warranty extends in favor of no holder other than...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 páginas
...or acceptor, he thereby incurs the liabilities of an indorser to a holder in due course." BEA s. 56. But when the negotiation is by delivery only, the warranty extends in favor of no liolder other than the immediate transferee. The provisions of subdivision three of this section do...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 páginas
...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;...section do not apply to persons negotiating public or corporate securities, other than bills and notes. Formerly L. 1897, ch. 612, § 115. § 116. Liability...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 páginas
...instrument ie genuine and in all 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...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...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - 1910 - 484 páginas
...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...section do not apply to persons negotiating public or corporate securities, other than bills and notes. Sec. 66. Every indorser, who indorses without qualification,...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 páginas
...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...section do not apply to persons negotiating public or corporate securities, other than bills and notes. Meyer v. Richards, 163 US 385, 41 L. ed. 199, 16...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - 1910 - 484 páginas
...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...section do not apply to persons negotiating public or corporate securities, other than bills and notes. Sec. 66. Every indorser, who indorses without qualification,...
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New York Bar Examination Questions and Answers

Louis Applebome - 1910 - 468 páginas
...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....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...
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The Law of Deposits

Fred William Weitzel - 1910 - 156 páginas
...purports to be; that he has good title to it ; that all prior parties had capacity to contract ; and that he has no knowledge of any fact which would impair...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...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 páginas
...instrument is genuine and in all respects what it purports to be; v <!. That he has a good title to it; 3. That all 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. But when the negotiation is by delivery...
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