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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 - 10-18. lappuse
autors: Calvin Frank Allen - 1917 - 452 lapas
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 lapas
...make payment to the indorsee or his transferee, whether the condition has been fulfilled or not. Hut 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 indorsed...
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American Law and Procedure, 7. sējums

James Parker Hall, James De Witt Andrews - 1910 - 484 lapas
...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" (45). In other words, although the acceptor or maker is protected by a payment of the instrument, even...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 lapas
...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. Mad. Sq. Bank v. Pierce, 137 NY 444, 20 LRA 335, 33 Am. St. Rep. 751, 33 NE 557. § 70. Indorsement...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 lapas
...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. [XoTE. — The first sentence ia the same as section 33 of the Bills of Exchange Act with a slight...
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American Law and Procedure, 7. sējums

James Parker Hall, James De Witt Andrews - 1910 - 484 lapas
...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" (45). In other words, although the acceptor or maker is protected by a payment of the instrument, even...
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International Conference on Bills of Exchange: Message from the President of ...

United States. Delegation to the International conference on bills of exchange, The Hague, 1910 - 1911 - 526 lapas
...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. Where an instrument payable to bearer is indorsed specially, it may nevertheless be further...
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United States Congressional Serial Set, 5915. izdevums

1911 - 536 lapas
...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. Where an instrument payable to bearer is Indorsed specially, it may nevertheless be further...
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Laws of the State of Delaware

Delaware - 1911 - 862 lapas
...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. Section 40. Where an instrument, payable to bearer, is instrument indorsed specially, it may nevertheless...
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The New Standard American Business Guide: A Complete Compendium of how to Do ...

Edward Thomas Roe - 1911 - 512 lapas
...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. (See Form 4.) A Restrictive Indorsement expressly confines the payment to some particular person or...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - 1911 - 216 lapas
...of similar import. Such an indorsement does not impair the negotiable character of the instrument. person to whom an instrument so indorsed is negotiated,...the rights of the person indorsing conditionally. Sec. 40. Where an instrument originally payable to or indorsed specifically to bearer is subsequently...
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