 Where an indorsement is conditional, a party required to pay the instrument may disregard the condition, and make payment to the indorsee or his transferee, whether the condition has been fulfilled or not. But any person to whom an instrument so indorsed...  Business Law for Engineers - Page 10-20by Calvin Frank Allen - 1919 - 460 pagesFull view - About this book
 | Virginia - 1899 - 724 pages
...make payment to the indorsee or his transferee whether the condition has been fulfilled or nut. l?ut any person to whom an instrument so indorsed is negotiated...the rights of the person indorsing conditionally. §41. INDORSEMENT WHERE PAYABLE TO TWO OR MORE PERSONS. — Where an instrument is payable to the order... | |
 | Maryland - 1898 - 700 pages
...transferee, whether the condition has been fulfilled or not. But any person to whom an instrument so indorsed negotiated, will hold the same, or the proceeds thereof,...the rights of the person indorsing conditionally. 59. Where an instrument payable to bearer, is indorsed specially, it may, nevertheless, be further... | |
 | New York (State) - 1897 - 996 pages
...subsequent indorsees acquire only the title of the first indorsee under the restrictive indorsement. § 68. Qualified indorsement constitutes the indorser a mere...the rights of the person indorsing conditionally. § 70. Indorsement of instrument payable to bearer. — Where an instrument, payable to bearer, is... | |
 | Colorado - 1897 - 394 pages
...indorsement is conditional, a conditional parly required to pay the instrument may disregard note. the condition, and make payment to the indorsee or...the rights of the person indorsing conditionally. Sec. 40. Where an instrument, payable to bearer, Liability of is indorsed specially, it may nevertheless... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1164 pages
...disregard the condition, and make payment to the indorsee or his transferee, whether the condition has baen fulfilled or not. But any person to whom an instrument...the rights of the person indorsing conditionally. Sec. 47. Where an instrument, payable to bearer, is indorsed specially, it may nevertheless be further... | |
 | Florida - 1897 - 426 pages
...whether P oBdi 'ionai the condition has been fulfilled or not. But any person to whom maorsement > an instrument so indorsed is negotiated, will hold...the rights of the person indorsing conditionally. SEC. 41. Where an instrument is payable to the order of two or more payees or indorsees who are not... | |
 | Massachusetts - 1898 - 48 pages
...instrument, conditional SECTION 3Q. Where an indorsement is conditional a indorsement. • ii • i • 11 party required to pay the instrument may disregard...the rights of the person indorsing conditionally, instrument in- SECTION 40. Where an instrument payable to bearer dorsed specially . . . j • n •,... | |
 | Massachusetts - 1898 - 1194 pages
...an indorsement is conditional a conditional party required to pay the instrument may disregard the1" condition and make payment to the indorsee or his...the rights of the person indorsing conditionally. SECTION 40. Where an instrument payable to bearer instrument inis indorsed specially it may nevertheless... | |
 | Joseph Fitz Randolph - 1899 - 1068 pages
...import. Such an indorsement does not impair the negotiable character of the instrument. Sec. 69 (39). Conditional Indorsement. Where an indorsement is conditional,...the rights of the person indorsing conditionally. Sec. 70 (40). Indorsement of Instrument Payable to Bearer. Where an instrument, payable to bearer,... | |
 | Utah - 1899 - 206 pages
...indorsement does not impair the negotiable character of the instrument. Sec. 39. Instrument Conditional. Where an indorsement is conditional, a party required...thereof, subject to the rights of the person indorsing couditionallv. Sec. 40. Payable to Bearer Indorsed Specially. Where an instrument, payable to bearer,... | |
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