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" An indorsement is restrictive which either: 1. Prohibits the further negotiation of the instrument; or 2. Constitutes the indorsee the agent of the indorser; or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the... "
The Pacific Reporter - Σελίδα 261
1920
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. S 37. EFFECT OF RESTRICTIVE INDORSEMENT ; RIGHTS OF INDORSEE. — A restrictive indorsement confers...

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

Maryland - 1898 - 700 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. 56. A restrictive indorsement confers upon the indorsee the right : 1. To receive payment of the instrument...

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

Iowa. General Assembly. House of Representatives - 1897 - 1164 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. Sec. 44. A restrictive endorsement confers upon the indorsee the right: 1. To receive payment of the...

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

Colorado - 1897 - 434 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. Sec. 37. A restrictive indorsement confers upon Effect of the indorsee the right: restriction. 1. To...

Laws of the State of New York, Τόμος 2

New York (State) - 1897 - 996 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. §67. Effect of restricting indorsement; rights of indorsee. — >A restrictive indorsement confers...

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

Massachusetts - 1898 - 48 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. Rights of in- SECTION 37. A restrictive indorsement confers upon dorsee in cases ul F of restrictive...

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

Joseph Fitz Randolph - 1899 - 1068 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person, But the mere absence of words implying power to negotiate does not make an indorsement restrictive. Sec. 67 (37). Effect of Restricting Indorsement; Rights of Indorsee. A restrictive indorsement confers...

Laws of the State of Utah

Utah - 1899 - 206 σελίδες
...III. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. I. To receive payment of the instrument. II. To bring any action thereon that the indorser could bring....

The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate •does not make an indorsement restrictive. SECTION 1676-7. A restrictive indorsement confers upon the indorsee the right : 1. To receive payment...

Laws of the State of Wisconsin

Wisconsin - 1899 - 856 σελίδες
...or 3. Vests the title in the indorsee in trust for or to the use of some other person. But the mere absence of words implying power to negotiate does not make an indorsement restrictive. SKCTION 1(57(5-7. A restrictive indorsement confers upon the indorsee the right: 1. To receive payment...




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