An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by delivery ; if payable to order it is negotiated by the indorsement... American Law Reports Annotated - Page 6001926Full view - About this book
| Nebraska - 1905 - 920 pages
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| 1918 - 502 pages
...make an instrument negotiable. The flrst sentence of the section reads: "An instrument is. negotiable when it is transferred from one person to another...to constitute the transferee the holder thereof." No good reason is given why this note may not be transferred from one person to another, so as to constitute... | |
| 1923 - 462 pages
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| 1922 - 1138 pages
...the holder of a promissory note, for it was a blank as delivered to him. The statutory definition: ''An instrument is negotiated when it is transferred...as to constitute the transferee the holder thereof" • — contemplates an instrument and a holder. I'othoven was neither, within the meaning of the Negotiable... | |
| American Bar Association - 1887 - 460 pages
...illegality, value has in good faith been given for the bill. NEGOTIATION OF BILLS. SEC. 31. (1) That a bill is negotiated when it is transferred from one person to another in such a manner as to constitute the transferee the holder of the bill. (2) A bill payable to bearer is negotiated... | |
| 1911 - 1546 pages
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| Oscar Borchardt - 1883 - 392 pages
...illegality, value has in good faith been given for the bill. Negotiation of Bills. 31. (1.) A bill is negotiated when it is transferred from one person to another in such a manner as to constitute the transferee the holder of of hi"the bill. (2.) A bill payable to bearer... | |
| 1915 - 1230 pages
...not negotiated. It never left the possession of the bank. Section 5863, LOL, lays down the rule thus: "An instrument is negotiated when it is transferred...person to another in such manner as to constitute the transférée the holder thereof. If payable to bearer, it is negotiated by delivery ; if payable to... | |
| 1924
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| 1921 - 1150 pages
...off the equities existing in favor of the maker" —and cites section 4080, RL 1910, which provides: "An instrument is negotiated when it is transferred from one person to another in euch manner as to constitute the transferee the holder thereof. If payable to bearer, it is negotiated... | |
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