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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
Πλήρης προβολή - Σχετικά με αυτό το βιβλίο

Bailments, Carriers and Sales: With Questions, Problems and Forms ..., Βιβλίο 3

Alfred William Bays - 1920 - 480 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 the indorsee the right : 1. To receive payment of the...

American Business Law: With Legal Forms

John James Sullivan - 1920 - 512 σελίδες
...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. 199. Rights of indorsee.— A restrictive indorsement confers upon the indorsee the right : 104 An...

Business Law: A Working Manual of Every-day Law, Τόμος 1

Thomas Conyngton - 1920 - 464 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. § 37. — A restrictive indorsement confers upon the indorsee the right: 1. To receive payment of...

The Northwestern Reporter, Τόμος 182

1921 - 1106 σελίδες
...(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 3060a37 reads: "A restrictive indorsement confers npon the indorsee the right: "(1) To receive...

Cases on Business Law

William Everett Britton, Ralph Stanley Bauer - 1922 - 1612 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 37. A restrictive indorsement confers upon the indorsee the right (1) to receive payment of...

North Carolina Corporation Code, Annotated: Containing the Statutes ...

James Hinton Pou - 1922 - 1032 σελίδες
...(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. esrcve. CS, s. 3017; Rev., s. 2185; 1899, c. 733, s. 36. Banks & Banking § 156. Where note, payable...

The Law of Negotiable Instruments: Including Promissory Notes, Bills of ...

James Matlock Ogden - 1922 - 890 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."50 "A restrictive indorsement confers upon the indorsee the right, (1) to receive payment...

Materials for the Study of Banking

James Dysart Magee - 1923 - 794 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 restrictive indorsement; rights of indorsee. — A restrictive indorsement confers...

The Civil Code of the State of California: In Four Divisions, Compiled from ...

California - 1923 - 588 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. 1917 — 1538. 3118. A restrictive indorsement confers upon the indorsee the right— (1) To receive...

Cases on Commercial Law: General Survey, Contracts, Agency, Bailments, Sales ...

Alfred William Bays - 1923 - 1612 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 the indorsee the right: 1. To receive payment of the...




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