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" 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 10-18
by Calvin Frank Allen - 1917 - 452 pages
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The Code of Virginia: With the Declaration of Independence and the ...

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...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

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...
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Journal of the House of Representatives of the ... Regular Session of the ...

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...
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Laws Passed at the Session of the General Assembly of the State of Colorado

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...
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Laws of the State of New York, Volume 2

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...
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Acts and Resolutions Adopted by the Legislature of Florida

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...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

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 •,...
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Session Laws of the State of Washington

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...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

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,...
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Laws of the State of Utah

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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