Volume 375, Page 2714 View pdf image (33K) |
2714 ARTICLE 83. An. Code, sec. 56. 1910, ch. 346, sec. 53 (p. 282).
56. Where a negotiable document of title is transferred for value by An. Code, sec. 57. 1910, ch. 346, sec. 54 (p. 283).
57. A person who for value negotiates or transfers a document of title (a) That the document is genuine; (b) That he' has a legal right to negotiate or transfer it;
(c) That he has knowledge of no fact which would impair the validity (d) That he has a right to transfer the title to the goods, and that the goods are merchantable or fit for a particular purpose, whenever such warranties would have been implied if the contract of the parties had been to transfer without a document of title the goods represented thereby. See art. 14, sec. 35, and art. 14A, sec. 44. An. Code, sec. 58. 1910, ch. 346, sec. 55 (p. 283).
58. The indorsement of a document of title shall not make the indorser An. Code, sec. 59. 1910, ch. 346, sec. 56 (p. 283).
59. The validity of the negotiation of a negotiable document of title An. Code, sec. 60. 1910, ch. 346, sec. 57 (p. 283).
60. If the goods are delivered to a bailee by the owner, or by a person, |
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Volume 375, Page 2714 View pdf image (33K) |
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