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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... "
Session Laws of the State of Washington - Σελίδα 348
των Washington (State) - 1899
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - 1908 - 396 σελίδες
...instrument. [CONDITIONAL INDORSEMENT OBLIGATORY ON INDORSEE.] § 39. Where an indorsement is conditional, a party required to pay the instrument may disregard the condition, and make a payment to the indorsee or his transferee, whether the condition has been fulfilled or not. But any...

The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 σελίδες
...am'd by L. 1898, ch. 336, § 8. § 69. Conditional indorsement. Where an indorsement is conditional, a party required to pay the instrument may disregard...the rights of the person indorsing conditionally. Formerly L. 1897, ch. 612, § 69. § 70. Indorsement of instrument payable to bearer. Where an instrument,...

Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 σελίδες
...character of the instrument. 69. Conditional Indorsement. — Where an indorsement is conditional, a party required to pay the instrument may disregard...transferee, whether the condition has been fulfilled or not. Hut any person to whom an instrument so indorsed is negotiated will hold the same, or the proceeds...

American Law and Procedure, Τόμος 7

James Parker Hall, James De Witt Andrews - 1910 - 484 σελίδες
...rule of this case has been changed by the NIL which provides: "Where an indorsement is conditional, a party required to pay the instrument may disregard...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...

The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - 1910 - 874 σελίδες
...character of the instrument. § 69. Conditional indorsement. — Where an indorsement is conditional, a party required to pay the instrument may disregard...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...

American Law and Procedure, Τόμος 7

James Parker Hall, James De Witt Andrews - 1910 - 484 σελίδες
...rule of this case has been changed by the NIL which provides : "Where an indorsement is conditional, a party required to pay the instrument may disregard...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...

The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 σελίδες
...of Exchange Act, section 16. § 69. Conditional indorsement. Where an indorsement is conditional, a party required to pay the instrument may disregard...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...

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 σελίδες
...part it may be indorsed as to the residue * • *. SEC. 69. Where an indorsement is conditional, a party required to pay the instrument may disregard...rights of the person indorsing conditionally. SEC. 70. Where an instrument payable to bearer is indorsed specially, it may nevertheless be further negotiated...

United States Congressional Serial Set, Τεύχος 5915

1911 - 536 σελίδες
...part it may be indorsed as to the residue * • *. SEC. 69. Where an Indorsement is conditional, a party required to pay the Instrument may disregard...rights of the person Indorsing conditionally. SEC. 70. Where an instrument payable to bearer is Indorsed specially, it may nevertheless be further negotiated...

Laws of the State of Delaware

Delaware - 1911 - 862 σελίδες
...NEGOTIABLE INSTRUMENTS. Section 39. Where an indorsement is conditional, a conditional indorsement. party required to pay the instrument may disregard...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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