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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... "
Commercial Law: A Treatise for Business Men on the Law Applicable to ... - Side 235
av Charles William Gerstenberg, Thomas Welburn Hughes - 1914 - 539 sider
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1913 - 804 sider
...not impair the negotiable char acter of the instrument. § 39. Where an endorsement 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...
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Acts and Joint Resolutions of the General Assembly of the State of South ...

South Carolina - 1914 - 734 sider
...not impair the negotiable character of the instrument. § 39. Where an indorsement is conditional, a party required to pay the instrument may disregard...the rights of the person indorsing conditionally. § 40. Where an instrument, payable to bearer, is indorsed specially, it may nevertheless be further...
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Handbook of the Law of Bills and Notes

Charles Phelps Norton, William Underhill Moore, Harold McLean Wilkie - 1914 - 800 sider
...impair the negotiable character of the instrument.88 Sec. 39. Where an indorsement is conditional, a party required to pay the instrument may disregard...has been fulfilled or not. But any person to whom ™ See pp. 154, 155, 160, 161, 269, 347, supra. ™ See pp. 154, 156-158, supra. ™ See pp. 160,...
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Bouvier's Law Dictionary and Concise Encyclopedia, Volum 2

John Bouvier - 1914 - 1124 sider
...on a contingency does not affect its negotiability; Tappan v. Ely, 15 Wend. (NY) 362. But the person required to pay the Instrument may disregard the condition...transferee, whether the condition has been fulfilled or not. Neg. Instr. Act § 136. An indorsement in full, or a special indorsement, Is one In which mention is...
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The Kentucky Negotiable Instruments Law: Annotated

John Cochran Miller - 1915 - 268 sider
...indorser, it binds him only." § 39. Conditional Indorsement. — "Where an indorsement is conditional, a party required to pay the instrument may disregard...the rights of the person indorsing conditionally." § 40. Indorsement of Instrument Payable to Bearer. — "Where an instrument, payable to bearer, is...
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An Annotated Revision of the Statutes of Louisiana Through the ..., Volum 1

Louisiana, Robert Hardin Marr - 1915 - 960 sider
...character of the instrument. Conditional Indorsement. 478. [Sec. 39.] Where an indorsement is conditional, a party required to pay the instrument may disregard...the rights of the person indorsing conditionally. Special Indorsement of Instrument Payable to Bearer. 479. [Sec. 40.] Where an instrument, payable to...
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Essentials of the Law ...: Elementary law ... with notes and references for ...

Marshall Davis Ewell - 1915 - 1178 sider
...not impair the negotiable character of the instrument.8 Sec. 39. Where an indorsement is conditional, a party required to pay the instrument may disregard...thereof, subject to the rights of the person indorsing conditionally.9 Sec. 40. Where an instrument, payable to bearer, is indorsed specially, it may nevertheless...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1916 - 380 sider
...statute). See note to section 56. § 39. Conditional indorsement. — Where an indorsement is conditional, a party required to pay the instrument may disregard...the rights of the person indorsing conditionally. Rule at common law. — The first sentence is the same as section 33 of the English Bills of Exchange...
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Lessons in Business: A Complete Compendium of how to Do Business by the ...

Edward Thomas Roe - 1916 - 518 sider
...character of the instrument. (See Form 3.) A Conditional Indorsement is one that involves some condition. A party required to pay the instrument may disregard...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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Laws of the State of Mississippi

Mississippi - 1916 - 790 sider
...import. Such an indorsement does not impair the negotiable character of the instrument. 362 LAWS OP THE same, or the proceeds thereof, subject to the rights of the person indorsing conditionally. SEC. 40. Indorsement of instrument payable to bearer. — Where an instrument, payable to bearer, is...
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