...[ENGAGEMENTS OF ACCEPTOR.] § 62. The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance, and admits...the instrument; and 2. The existence of the payee and his then capacity to indorse. [SIGNING OTHERWISE THAN AS MAKER, DRAWER OR ACCEPTOR DEEMED AN INDORSEMENT...

...§ 112, a bank which pays a check purporting to be drawn on it by one of its ilepositors guarantees the existence of the drawer, the genuineness of his...capacity and authority to draw the instrument. and, where such signature is forged, cannot recover back the amount from the person to whom It was paid,...

...(section 3453, Rem. Code) provides: "The acceptor by accepting the instrument engages that he will pay ir- according to the tenor of his acceptance; and admits...the instrument ; and "2. The existence of the payee and hie then capacity to indorse." If respondent Is allowed to prevail In this action It must do so...

...according to the tenor of his acceptance. (2) Is precluded from denying to a holder in due course — (a) The existence of the drawer, the genuineness of his...signature, and his capacity and authority to draw the bill. (b) In the case of a bill payable to drawer's order, the then capacity of the drawer to indorse,...

...§ 112. Liability of acceptor. The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance ; and admits...the instrument ; and . 2. The existence of the payee and his then capacity to indorse. This section was derived from the Negotiable Instruments Law of 1897,...

...to the tenor of his acceptance ; (2.) Is precluded from denying to a holder in due course — (a.) The existence of the drawer, the genuineness of his...signature, and his capacity and authority to draw the bill; In the case of a bill payable to drawer's order, the then capacity of the drawer to indorse,...

...acceptance, and is, as to a holder is due course, precluded from denying several matters, including " the existence of the drawer, the genuineness of his...signature, and his capacity and authority to draw the bill." See Garland v. Jacomb (28 S LT Rep. NS 877; L. Rep. 8 Ex. 216 ; and note in Fish Dig. (1880)...

...sec. 3143) provides as follows: "The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance; and admits—...the instrument ; and "2. The existence of the payee and his then capacity to indorse." [15] Appellant contends that had the plaintiff bank discovered the...

...sec. 3143) provides as follows: "The acceptor by accepting the instrument engages that he will pay it according to the tenor of his acceptance ; and admits...the instrument ; and "2. The existence of the payee and his then capacity to indorse. ' ' [15] Appellant contends that had the plaintiff bank discovered...

...insert in the instrument an express stipulation negativing or limiting his own liability to the holder. 1. The existence of the drawer, the genuineness of...the instrument; and 2. The existence of the payee and his then capacity to indorse. SEC. 63. A person placing his signature upon an instrument otherwise...