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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 - Página 206
1901
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volumen4

William Frederick Elliott - 1913
...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;...extends in favor of no holder other than the immediate transferee."88 Thus we see that the warranties of the qualified indorser extend to all subsequent holders,...
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The Miscellaneous Reports: Cases Decided in the Inferior Courts ..., Volumen79

1913
...it 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. Nego. Inst. Law, §§ 115, 116. Where, however, these words are used in the assignment of a chose in...
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Session Laws

South Dakota - 1913
...instrument is genuine and in all respects what it purports to be. 2. That he has good title to it. 3. That all prior parties had capacity to contract. 4. That he has no knowledge of any fact whicli would impair the validity of the instrument, or render it valueless. But when the negotiation...
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Lectures on Commercial Law and the Law of Negotiable Instruments

Samuel Williston - 1913 - 250 páginas
...to contract. If the instrument is simply transferred without indorsement, the seller also warrants that he has no knowledge of any fact which would impair the validity of the instrument and render it valueless. The provision as to capacity to contract does not apply to the sale of bonds...
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Laws of the State of New York, Volumen3

New York (State) - 1913
...warrants — (a) That the certificate is genuine, (b) That he has a legal right to transfer it, and (c) That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the...
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A Compilation of the Laws of Ohio Affecting the Regulation of Railroads and ...

Ohio - 1913 - 1021 páginas
...Warranty. (a) That the certificate is genuine, (b) That he has a legal right to transfer it, and (c) That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the...
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Public Acts of the Legislature of the State of Michigan

Michigan - 1913
...warrants: (a) That the certificate is genuine, (b) That he has a legal right to transfer it, and (c) That he has no knowledge of any fact which would impair the validity of the certificate. In case of an assignment of a claim secured by a certifi eate, the liability of the assignor...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volumen9

James Smith McMaster - 1906
...that the instrument is genuine; that all prior parties had capacity to contract; that the indorser has no knowledge of any fact which would impair the validity of the instrument; that the instrument is valid and subsisting; and that on due presentment it shall be paid according...
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United States Statutes at Large, Volumen76,Parte1

United States - 1962
...instrument is genuine and in nil respects what it purports to be; (V) that he has a good title to it; (3) that all prior parties had capacity to contract...the negotiation is by delivery only, the warranty does not extend in favor of a holder other than the immediate transferee. Paragraph (3) of this section...
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McKinney's Consolidated Laws of New York Annotated: With ..., Libro 37

New York (State) - 1917
...genuine and in all respects what it purports to be ; li. 1909, ch. 43 Liabilities of Parties § 115 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. This section 'was derived from the Negotiable Instruments...
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