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" That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the assignor upon such warranty shall not exceed the amount of the claim. "
McKinney's Consolidated Laws of New York Annotated: With Annotations from ... - Side 93
av New York (State) - 1917
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Loans and Investments

1916 - 312 sider
...thereby, of the genuineness of the receipt, that he has a legal right to negotiate or transfer it, and that he has no knowledge of any fact which would impair the validity or worth of the receipt. Also that he has a right to transfer title to the goods and that the goods...
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"The Corporation": A Codification of the Laws Governing the Creating of ...

1917 - 280 sider
...warrants : fa) That the certificate is genuine, (b) That he has a legal right to transfer it, and (c) That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the...
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Acts and Laws of the State of Connecticut

Connecticut - 1917 - 470 sider
...h arrar 'tV ;hat certificate is genuine, that he has a legal right to transfer it and i s genuine, that he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the...
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Laws

Illinois - 1917 - 880 sider
...warrants — (a) That the certificate is genuine. (b) That he has a legal right to transfer it, and (c) That he has no knowledge of any fact which would impair the validity of the certificate. In the case of an assignment of a claim secured by a certificate, the liability of the...
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The Financing of Public Service Corporations

Milton Berge Ignatius - 1918 - 536 sider
...warrants — (a) That the certificate is genuine, (b) That he has a legal right to transfer it, and (c) That he has no knowledge of any fact which would impair the validity of the certificate. "In the case of an assignment of a claim secured by a certificate, the liability of the...
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The Law of Commercial Paper: Prepared in the Extension Division of the ...

William Underhill Moore - 1918 - 342 sider
...purpose to be, may recover against his transferor or indorser on this implied warranty.— (4j3Warranty that he has no knowledge of any fact which would impair the validity of the paper or render it valueless. The insolvency of the acceptor or maker at the time of the transfer,...
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Foreign Exchange

Albert Conser Whitaker - 1919 - 676 sider
...instrument is genuine and in all respects what it purports to be; (2) that he has a good title to it; (3) that all prior parties had capacity to contract;...of no holder other than the immediate transferee" ("Uniform Law" §115). A vendor's warranty amounts to a representation, whether expressed or implied,...
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Consolidated supplement to the codes and general laws of the state of ...

California - 1919 - 2242 sider
...instrument is genuine and in all respects what it purports to be; (2) That he has a good title to it ; (3) That all prior parties had capacity to contract;...by delivery only, the warranty extends in favor of fio holder other than the immediate transferee. The provisions of subdivision three of this section...
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Cyclopedia of the Law of Private Corporations, Volum 6

William Meade Fletcher - 1919 - 1352 sider
...assigns for value a claim secured by a certificate, unless a contrary intention appears, warrants * * * that he has no knowledge of any fact which would impair the validity of the certificate." This act is in force in Louisiana, Maryland, Massachusetts, Michigan, New Jersey, New...
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American Law Reports Annotated, Volum 2

1919 - 1894 sider
...qualified indorsement without recourse warrants, by the express terms of the Negotiable Instruments Law, that he has no knowledge of any fact which would impair the validity of the note or render it valueless. STATE EXCH. BANK v. NATIONAL BANK. It will be noted that the warranty...
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