...Section 66 of the Act every indorser who indorses without qualiBcation engages, that, if the instrument be dishonored and the necessary proceedings on dishonor...taken, he will pay the amount thereof to the holder. This makes an important change, for heretofore, under Section 50 of the Code, an indorser of a negotiable...

...warrants to all subsequent holders, that at the time of his indorsement the instrument was valid, and that on due presentment, it shall be accepted or paid, or both as the case may be and that if it be dishonored, he will pay the amount to the holder, or to any subsequent indorser,...

...(2) that the instrument is at the time of his indorsement valid and subsisting. And in addition he rst year, or until others are chosen in their places....thereto his name, place of residence, and the number of 1899, c. 733, s. 66. 2216. Indorser of instrument negotiable by delivery. Where a person places his...

...capacity to indorse; and engages that on due presentment the instrument will be accepted or paid, or both, according to its tenor, and that if it be dishonored,...amount thereof to the holder, or to any subsequent endorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation...

...that the instrument is, at the time of his indorsement, valid and subsisting. "And, in addition, he engages that, on due presentment, it shall be accepted...may be, according to its tenor, and that, if it be dishonoured and the necessary proceedings on dishonour be duly taken, he will pay the amount thereof...

...Second, That the instrument is at the time of his indorsement valid and subsisting.2 And, in addition, he engages that on due presentment, it shall be accepted...paid, or both, as the case may be, according to its tenor,3 and that if it be dishonored and the necessary proceedings on dishonor be duly taken, he will...

...warrants to all subsequent holders, that at the time of his indorsement the instrument was valid, and that on due presentment it shall be accepted or paid, or both, as the case may be, and that if it be dishonored, he will pay the amount to the holder, or to any subsequent indorser,...

...2. That the instrument is at the time of his indorsement valid and subsisting. And, in addition he engages that on due presentment, it shall be accepted...subsequent indorser who may be compelled to pay it. One who indorses and delivers a negotiable promissory note in the usual course of business, thereby...

...to indorse, and engages that on due presentment the instrument will be accepted and paid, or both, according to its tenor, and that if it be dishonored...subsequent indorser who may be compelled to pay it. But the drawer may insert in the instrument an express stipulation negativing or limiting his own liability...

...law was before in the case of a party who indorsed after the first delivery. "And, in addition, he engages that on due presentment, it shall be accepted...dishonored and the necessary proceedings on dishonor duly taken, he will pay the amount thereof to the holder, or to any subsequent indorser who may be...