Indorser - Law Dictionary Search Results

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Indorsement

Indorsement [fr. in, Lat., upon, and dorsum, a back], anything written or printed upon the back of a deed or writing. The requisites of a valid indorsement of a bill of exchange, promissory note, or cheque, are laid down by the (English) Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 32, the principal requisites being that the indorsement must be written on the bill itself (except in the case of an 'allonge' or 'copy' in a country where 'copies' are recognized) and signed by the indorser, his simple signature, without additional words, being sufficient; that it be an indorsement of the entire bill [though indorsement of a blank form may be valid, Glenie v. Tucker, (1908) 1 KB 263]; and that where there are two or more indorsements, each is deemed to have been made in the order in which it appears on the bill, cheque, or note, until the contrary is proved. As to the recovery of the amount of the cheque by the drawer, after payment obtained by a forged indorsement, see North and S...

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]...

Special indorsement

Special indorsement, an indorsement in full on a bill of exchange or promissory note, which, besides the signature of the indorser, expresses in whose favour the indorsement is made. Thus: 'Pay Mr. C.D. or order, A.B.'; the signature of the indorser being subscribed to the direction. Its effect is to make the instrument payable to C.D. or his order only. See Bills of Exchange Act, 1882, sub-s. 2....

Indorsement of claim

Indorsement of claim. By R.S.C. 1883, Ord. II., r. 1, every writ of summons in the High Court must be indorsed with a statement of the nature of the claim made, or of the relief or remedy required. And by Ord. III. it is further provided that the indorsement of claim shall be made on every writ of summons before it is issued (r. 1). See, further, LEAVE TO DEFEND...

Qualified Indorsement

Qualified Indorsement, an indorsement sans recours, i.e., without recourse to the indorser for payment, Byles on Bills, 11th Edn. 151....

indorse

indorse indorsee indorsement in·dor·s·er var of endorse endorsee endorsement endorser used primarily in the context of the Uniform Commercial Code ...

Indorsement of Address

Indorsement of Address. By R.S.C. 1883, Ord. IV., it is provided that the solicitor of a plaintiff suing by a solicitor shall indorse upon every writ of summons the address of the plaintiff, and also his own name or firm and place of business, and also, if his place of business shall be more than three miles from the Royal Courts of Justice, another proper place, to be called his address for service, which shall not be more than three miles from the Royal Courts, where writs, notices, etc., may be left for him; and that if he be agent of another solicitor, he shall add the name or firm and place of business of the principal solicitor. See SUMMONS...

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