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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 ... - Página 136
por E. T. Roe - 1915 - 512 páginas
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Reports of Civil and Criminal Cases Decided by the ..., Volumen6;Volumen154

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1913 - 1002 páginas
...qualified, or conditional." Section 38 provides: "A qualified endorsement constitutes the endorser a mere assignor of the title to the instrument. It may be made by adding to the endorser's signature the words "without recourse" or any words of similar import. Such endorsement...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volumen172

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1913 - 794 páginas
...the legislature has defined a "qualified indorsement," and restricted such definition by the words, " It may be made by adding to the indorser's signature the words ' without recourse ' or any other words of similar import." In the instant case the indorsement upon each of these notes to be...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volumen161

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1910 - 806 páginas
...equivalent to an indorsement without recourse. Second. The statute above quoted expressly provides that "a qualified indorsement constitutes the indorser a mere assignor of the title to the instrument." Here again we are confronted with section 10054, 3 Comp. Laws, which holds that the assignee of a negotiable...
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The Central Law Journal, Volumen83

1916 - 502 páginas
...demurrer of de4088 and 4113, Revised Laws 1910, with reference to qualified indorsement read as follows: "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." "A person placing his signature...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volumen38

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1912 - 666 páginas
...referring to the statute, we find it provides (section 1590) that: "A qualified Indorsement constitutes tbe indorser a mere assignor of the title to the instrument. It may be made by adding to the indorser'a signature the words 'without recourse' or any words of similar import. Such an indorsement...
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The Pacific Reporter, Volumen113

1911 - 1164 páginas
...good faith or In bad faith." Again referring to the statute, we find it provides (section 1590) that: "A qualified indorsement constitutes the indorser...'without recourse' or any words of similar import. Such an indorsement does not impair the negotiable character of the instrument." In 4 A. & E. Ency. L. (2d...
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The Pacific Reporter, Volumen172

1918 - 1214 páginas
...Instruments Law of the state, said: "A qualified indorsement may, by the exprès« terms of that section, be made by adding to the indorser's signature the...'without recourse, or any words of similar import." It has been settled in commercial law that a transfer by indorsement of the 'right and title' of the...
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The Pacific Reporter, Volumen188

1920 - 1148 páginas
...of the act, when taken together, show that this was not the intention. Section 5871, LOL, provides: "A qualified indorsement constitutes the indorser a mere assignor of the title to the instrument." Is It not perfectly clear that this language puts the Indorser without recourse in exactly the same...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 páginas
...the title of the first indorsee under the restrictive indorsement. §38. QUALIFIED INDORSEMENT. — 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 an indorsement...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 páginas
...subsequent indorsees acquire only the title of the first indorsee under the restrictive indorsement. 57. 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. 58. Where an indorsement...
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