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Blank transfer

Blank transfer, in such blank transfers, the name of the transferor is entered, and the transfer deed signed by the transferor is handed over with the share scrip to the transferee, who, if he so chooses, completes the transfer by entering his name and then applying to the company to register his name in place of the previous holder of the share, Howrah Trading Co v. CIT, AIR 1959 SC 775 (778). [Income-tax Act (11 of 1922) s. 18(5)]--A deed executed with the name of a transferee or vendee in blank is void; but the lender will have an equitable security, Colonial Bank v. Whinney, (1884) 26 CD 257, and this principle is applicable to transfers of shares in companies transferable only by deed; but if transferable under hand only the transfer may be filled in by any one having express authority, or authority to be implied from the nature of the transaction, Hibblewhite v. McMorine, 6 M&W 200, and Powell v. London, etc. Bank, (1893) 2 Ch 555.If in a will the name of a legatee is left blank,...

Indorsement 'in blank' and 'in full'

Indorsement 'in blank' and 'in full', s. 16 indorse-ment 'in blank' and 'in full' 'indorsee'. - If the indorser signs his name only, the indorsement is said to be 'in blank', and if he adds a direction to pay the amount mentioned in the instrument to, or the order of, a specified person, the indorsement is said to be 'in full', and the person so specified is called the 'indorsee' of the instrument. [Nego-tiable Instruments Act, 1881 (26 of 1881), s. 16]...

endorsement in blank

endorsement in blank :blank endorsement at endorsement ...

Blank bonds

Blank bonds, Scottish securities, in which the creditor's name was left blank, and which passed by mere delivery, the bearer being at liberty to put in his name and sue for payment. Declared void by the Act 1696, c. 25....

blank endorsement

blank endorsement see endorsement ...

Blank acceptance

Blank acceptance. An acceptance written on the paper before the bill is made, and delivered by the acceptor, will charge the acceptor to the extent warranted by the stamp. See Bills of Exchange Act, 1882, s. 20....

Blank bar

Blank bar, common bar, a plea in bar, which, in an action of trespass, was restored to compel the plaintiff to assign the place where a trespass was committed....

Blank indorsement

Blank indorsement, when the name of the indorsee is not mentioned....

Blanks

Blanks a kind of white money (value 8d.) coined by Henry V., in those parts of France which were then subject to England; forbidden to be current in this realm by 2 Hen. 6, c. 9. Also, certain void spaces, sometimes left by mistake, in judicial proceedings, and which, if anything material be wanting, render the same void....

endorsement

endorsement also in·dorse·ment n 1 : the act or process of endorsing 2 : an inscription (as a signature or notation) on a document or instrument ;esp : an inscription usually on the back of a negotiable instrument that transfers or guarantees the instrument blank endorsement : an endorsement (as a signature) of a negotiable instrument that does not name a transferee and that makes the instrument payable to bearer called also endorsement in blank qualified endorsement : an endorsement of a negotiable instrument with words (as “without recourse”) that limit or qualify the endorser's liability restrictive endorsement : an endorsement of a negotiable instrument with words (as “for deposit only”) that limit the further negotiation of the instrument NOTE: A restrictive endorsement does not prevent further negotiation of the instrument under the Uniform Commercial Code. spe·cial endorsement : an endorsement of a negotiable instrument with wo...

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