Supplement to the Code of Iowa; Containing All the Laws of a General and Permanent Nature Enacted by the Twenty-Seventh, Twenty-Eighth, Twenty-Ninth, Thirtieth, Thirty-First and Thirty-Second General Assemblies, with Complete Annotations

Supplement to the Code of Iowa; Containing All the Laws of a General and Permanent Nature Enacted by the Twenty-Seventh, Twenty-Eighth, Twenty-Ninth, Thirtieth, Thirty-First and Thirty-Second General Assemblies, with Complete Annotations

By (author) 

List price: US$30.07

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907 edition. Excerpt: ...statute probably does not apply to corporations, which as a general rule are without power to bind themselves as accommodation parties. Bank v. Atkinson, 55 Fed. 465; Bank 1: . Bank, 13 N. Y., 309; Bank 12. Globe Works, 101 Mass., 57. For other authorities see Crawford's Annotated Neg. Inst. Law (2 Ed.), section 55, notes (a) and (b). NEGOTIATION. SEC. 3060-a30. What constitutes negotiation. 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 of the holder, completed by delivery. 29 G. A., ch. 130, 30. Iowa: A note made payable to bearer is negotiable by delivery and needs no indorsement. Elliott 1;. Corbin, 4-564; Shelton 11. Sherfey, 3 G. Gr., 108. A note payable to J. S. or order, and endorsed by payee to S. T. or bearer, becomes, in the hands of subsequent holders, the same as a note payable to bearer. (Id.) A note payable to order can not be transferred by mere delivery, but should be endorsed by the payee or sued in his name, or the name of his legal representative. Dawson 'v. Jewett, 4 G. Gr., 157. See Pearson-v. Cummings, 28-344. A provision that a note is negotiable and payable at a certain place designated, does not affect its negotiability, nor prevent its negotiability eleswhere. Schoharie Co. Bk. 12. Bevard, 51-257. Wrongful, unauthorized indorsement confers no rights upon transferee. Thorpe Bros. & Co. v. Dickey, 51-676. As to what instruments are payable to bearer, see section 3060-a9. As to what instruments are payable to order, see section 3060-a8. Other states: Indorsement is usually made by writing name on..."show more

Product details

  • Paperback | 1050 pages
  • 189 x 246 x 52mm | 1,833g
  • Rarebooksclub.com
  • United States
  • English
  • Annotated
  • annotated edition
  • black & white illustrations
  • 123675736X
  • 9781236757364