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Checks,

defined, 4.

negotiability of, 4.

not an assignment, 17,

certification of, 46.

Collateral securities, 25.

Collection, costs of, 18.

Condition,

prevents negotiability, 17.
indorsements upon, 61.

Confession of judgment,
in note, 26.

by indorsee, 54.

Consideration,

presumed, 1, 37.
recital of

as preventing negotiability, 17.

not necessary,

adequacy of, 38.

37.

want of, no defense against holder, 71.

Contract of parties,

of maker, 83.

of drawer, 84.
of drawee, 85.
of acceptor, 86.
of indorser, 87.

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See, also, "Words of negotiability."

Demand paper, 15, 20.

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History of negotiable instruments, 13, 14.

Honor, payment for, 49.

Illegality,

when a good defense, 82.

when not, 75.

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Indorsement, see, also, "Contract of Parties."

negotiation by, 50.

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Option to pay money or something else, 28.

Origin of negotiable paper, 13.

Order. See "Words of negotiability."

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