'470 ARTICLE 13

An. Code, 1924, sec. 28. 1912, sec. 28. 1904, sec. 28. 1898, ch. 119.

28. The instrument is payable to bearer:

1. When it is expressed to be so payable; or

2. When it is payable to a person named therein or bearer; or

3. When it is payable to the order of a fictitious or non-existing person,
and such fact was known to the person making it so payable; or

4. When the name of the payee does not purport to be the name of any
person; or

5. When the only or last indorsement is an indorsement in blank.

An. Code, 1924, sec. 29. 1912, sec. 29. 1904, sec. 29. 1898, ch. 119.

29. The instrument need not follow the language of this act, but any
terms are sufficient which clearly indicate an intention to conform to the
requirements hereof.

Baltimore City stock held to be "fully registered bonds" which are assignable but
not negotiable. First Nat. Bk. v. Baltimore, 27 F. Supp. 444.

An. Code, 1924, sec. 30. 1912, sec. 30. 1904, sec. 30. 1898, ch. 119.

30. Where the instrument, or an acceptance or any indorsement thereon
is dated, such date is deemed prima facie to be the true date of the making,
drawing, acceptance or indorsement, as the case may be.

An. Code, 1924, sec. 31. 1912, sec. 31. 1904, sec. 31. 1898, ch. 119.

31. The instrument is not invalid for the reason only that it is ante-
dated or post-dated, provided this is not done for an illegal or fraudulent
purpose. The person to whom an instrument so dated is delivered acquires
the title thereto as of the date of delivery.

An. Code, 1924, sec. 32. 1912, sec. 32. 1904, sec. 32. 1898, ch. 119.

32. Where an instrument expressed to be payable at a fixed period after
date is issued undated, or where the acceptance of an instrument payable
at a fixed period after sight is undated, any holder may insert therein the
true date of issue or acceptance, and the instrument shall be payable accord-
ingly. The insertion of a wrong date does not avoid the instrument in the
hands of a subsequent holder in due course; but as to him, the date so
inserted is to be regarded as the true date.

An. Code, 1924, sec. 33. 1912, sec. 33. 1904, sec. 33. 1898, ch. 119.

33. Where the instrument is wanting in any material particular, the
person in possession thereof has a prima facie authority to complete it by
filling up the blanks therein. And a signature on a blank paper delivered
by the person making the signature in order that the paper may be con-
verted into a negotiable instrument operates as a prima facie authority to
fill it up as such for any amount. In order, however, that any such instru-
ment, when completed, may be enforced against any person who becomes
a party thereto prior to its completion, it must be filled up strictly in
accordance with the authority given, and within a reasonable time. But if
any such instrument, after completion, is negotiated to a holder in due
course, it is valid and effectual for all purposes in his hands, and he may
enforce it as if it had been filled up strictly in accordance with the authority
given, and within a reasonable time.

The endorsement and delivery of, an incomplete promissory, note confers presump-
tive authority upon the person to whom it is delivered to fill up the blanks. Extent