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 10-18by Calvin Frank Allen - 1917 - 452 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... | |
| Iowa. General Assembly. House of Representatives - 1897 - 1164 pages
...make payment to the indorsee or his transferee, whether the condition has baen fulfilled or not. But any person to whom an instrument so indorsed is negotiated,...the rights of the person indorsing conditionally. Sec. 47. Where an instrument, payable to bearer, is indorsed specially, it may nevertheless be further... | |
| Colorado - 1897 - 434 pages
...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 is negotiated,...the rights of the person indorsing conditionally. negotiated by delivery; but the person indorsing specially is liable as indorser to only such holders... | |
| New York (State) - 1897 - 996 pages
...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 is negotiated,...the rights of the person indorsing conditionally. § 70. Indorsement of instrument payable to bearer. — Where an instrument, payable to bearer, is... | |
| 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
...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 is negotiated...the rights of the person indorsing conditionally, instrument in- SECTION 40. Where an instrument payable to bearer dorsed specially . . . j • n •,... | |
| Washington (State) - 1899 - 476 pages
...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 is negotiated,...the rights of the person indorsing conditionally. SEC. 40. Where an instrument, payable to bearer, is indorsed specially, it may nevertheless be further... | |
| Joseph Fitz Randolph - 1899 - 1068 pages
...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 is negotiated,...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
...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 is negotiated,...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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