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" A qualified indorsement constitutes the indorser a mere assignor of the title to the instrument. It may be made by adding to the indorser's signature the words " without recourse ", or any words of similar import. "
The New Standard American Business Guide: A Complete Compendium of how to Do ... - Halaman 136
oleh E. T. Roe - 1915 - 512 halaman
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Banking Laws: An Official Manual Containing All State Laws of General Nature ...

West Virginia - 1917 - 174 halaman
...under the restrictive indorsement. (Acts 1907, Reg. Sess., c. 81.) § 38. Qualified indorsement. — A qualified indorsement constitutes the indorser a...assignor of the title to the instrument ; it may be made adding to the indorser s signature the words "without recourse" or any words of similar import; such...
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The Pacific Reporter, Volume 162

1917 - 1326 halaman
...(General Statutes of 1909, section 6291), providing that a qualified indorsement may be made by "ariding to the indorser's signature the words 'Without recourse' or any words of similar import." See note, 134 Am. St. Rep. 993. Counsel calls attention to some language In Hatch v. Barrett, 34 Kan....
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The Law of Commercial Paper: Prepared in the Extension Division of the ...

William Underhill Moore - 1918 - 342 halaman
...liability. A qualified indorsement affords the holder an appropriate method to accomplish his purpose. "A qualified indorsement constitutes the indorser a mere assignor of the title to the instrument" (Neg. Inst. Law, § 38), and does not subject him to the regular liability of the ordinary indorser...
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Cases on the Law of Bills and Notes: Selected from Decisions of ..., Volume 1

Howard Leslie Smith, William Underhill Moore - 1922 - 874 halaman
...qualified endorsement defined by section 38 as follows: 'A qualified endorsement constitutes the endorser a mere assignor of the title to the instrument ; it may be made adding to the endorser's signature the words 'without recourse' or any words of similar import : such...
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The Civil Code of the State of California: In Four Divisions, Compiled from ...

California - 1923 - 588 halaman
...acquire only the title of the first indorsee under the restrictive indorsement. 1917 — 1539. 3119. A qualified indorsement constitutes the indorser a..."without recourse" or any words of similar import. Such an indorsement does not impair the negotiable character of the instrument. 1917 — 1539. 3120. Where...
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Business Law for Business Men, State of California: A Reference Book Showing ...

Anthony Jennings Bledsoe - 1923 - 1184 halaman
...only the title of the first indorsee under the restrictive indorsement. (b) Qualified Indorsement. — A qualified indorsement constitutes the indorser a...to the instrument. It may be made by adding to the indorser 's signature the words "without recourse," or any words of similar import. Such an indorsement...
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Cases on Commercial Law: General Survey, Contracts, Agency, Bailments, Sales ...

Alfred William Bays - 1923 - 1612 halaman
...indorsees acquire only the title of the first indorsee under the restrictive indorsement. "(Sec. 38.) A qualified indorsement constitutes the indorser a...to the instrument. It may be made by adding to the indorser 's signature the words 'without recourse' or any words of similar import. Such an indorsement...
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Materials for the Study of Banking

James Dysart Magee - 1923 - 794 halaman
...the title of the first indorsee under the restrictive indorsement. made by adding to the indorsees signature the words "without recourse" or any words of similar import. Such an indorsement does not impair the negotiable character of the instrument. § 69. Conditional indorsement....
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Law of Defenses in Actions on Commercial Paper: Including the ..., Volume 2

Joseph A[sbury]. Joyce - 1924 - 1262 halaman
...American Sav. Bank & Trust Co. v. Dennis, 90 Wash. 547, 156 Pac. 559. § 1038 (38). Qualified indorsement. and in good faith, may enforce the note against an indorsement does not impair the negotiable character of the instrument. For discussion of this provision,...
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A Treatise on the Law of Defenses in Actions on Commercial Paper ..., Volume 1

Joseph Asbury Joyce, Howard Clifford Joyce - 1924 - 1184 halaman
...constitutes an exception to the code provision that actions must be prosecuted by the real party in interest. A qualified indorsement constitutes the indorser a...to the instrument. It may be made by adding to the indorsees signature the words "without recourse," or any words of similar import. Such a<n indorsement...
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