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action admission adopted American annual application appointed Association attend authority Bank become bill buyer called carrier cause Chairman claim Commissioners common Conference Congress consideration contract course court decision deliver delivery desire document draft duty effect English Act examination Executive Committee existing fact firm follows give given held History holder important indorsement instruction interest issued John Judge law school lawyer legislation liable lien mark matter means meeting Michigan motion negotiable notice parties partnership passed person possession practice preparation present President profession purchaser question reasonable receipt received recommendation referred regard represented resolution respect rule Secretary Section seems sell seller standard taken thereof tion transfer Uniform United University unless warehouseman whole York
Page 281 - To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith.
Page 394 - ... an original, even though the purchase be after the delivery of the goods by the carrier to the holder of the original bill. Sec. 8. (Non-Negotiable Bills Shall be so Marked.) A non-negotiable bill shall have placed plainly upon its face by the carrier issuing it "non-negotiable
Page 361 - Where a person having bought or agreed to buy goods obtains, with the consent of the seller, possession of the goods or the documents of title to the goods, the delivery or transfer by that person, or by a mercantile agent acting for him, of the goods or documents of title, under any sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of...
Page 379 - Where an unpaid seller has made part delivery of the goods, he may exercise his right of lien on the remainder, unless such part delivery has been made under such circumstances as to show an intent to waive the lien or right of retention.
Page 429 - In possession of the bill or to the adverse claimant, until the carrier has had a reasonable time to ascertain the validity of the adverse claim or to bring legal proceedings to compel all claimants to interplead.
Page 373 - Unless otherwise authorized by the buyer, the seller must make such contract with the carrier on behalf of the buyer as may be reasonable having regard to the nature of the goods and the other circumstances of the case. If the...
Page 358 - Where, in pursuance of the contract, the seller delivers the goods to the buyer or to a carrier, or other bailee (whether named by the buyer or not), for the purpose of transmission to the buyer, and does not reserve the right of disposal, he is deemed to have unconditionally appropriated the goods to the contract.
Page 390 - means goods of which any unit is from its nature or by mercantile usage treated as the equivalent of any other unit. " Future goods " means goods to be manufactured or acquired by the seller after the making of the contract of sale. " Goods" include all chattels personal other than things in action and money.
Page 367 - Where a negotiable document of title is transferred for value by delivery, and the indorsement of the transferor is essential for negotiation, the transferee acquires a right against the transferor to compel him to indorse the document unless a contrary intention appears. The negotiation shall take effect as of the time when the indorsement is actually made.