476 ARTICLE 13

person to whom an instrument so indorsed negotiated, will hold the same,
or the proceeds thereof, subject to the rights of the person indorsing
conditionally.

An. Code, 1924, sec. 59. 1912, sec. 59. 1904, sec. 59. 1898, ch. 119.

59. Where an instrument payable to bearer, is indorsed specially, it
may, nevertheless, be further negotiated by delivery; but the person in-
dorsing specially is liable as indorser to only such holders as make title
through his indorsement.

An. Code, 1924, sec. 60. 1912, sec. 60. 1904, sec. 60. 1898, ch. 119.

60. Where the instrument is payable to the order of two or more payees
or indorsees who are not partners, all must indorse, unless the one indorsing
has authority to indorse for the others.

An. Code, 1924, sec. 61. 1912, sec. 61. 1904, sec. 61. 1898, ch. 119.

61. Where an instrument is drawn or indorsed to a person as "cashier"
or other fiscal officer of a bank or corporation, it is deemed prima facie to
be payable to the bank or corporation of which he is such officer, and may
be negotiated by either the indorsement of the bank or corporation, or the
indorsement of the officer.

An. Code, 1924, sec. 62. 1912, sec. 62. 1904, sec. 62. 1898, ch. 119.

62. Where the name of a payee or indorsee is wrongly designated or
misspelled, he may indorse the instrument as therein described, adding, if
he think fit, his proper signature.

An. Code, 1924, sec. 63. 1912, sec. 63. 1904, sec. 63. 1898, ch. 119.

63. Where any person is under obligation to indorse in a representa-
tive capacity, he may indorse in such terms as to negative personal liability.

An. Code, 1924, sec. 64. 1912, sec. 64. 1904, sec. 64. 1898, ch. 119.

64. Except where an indorsement bears date after the maturity of the
instrument, every negotiation is deemed prima facie to have been effected
before the instrument was overdue.

An. Code, 1924, sec. 65. 1912, sec. 65. 1904, sec. 65. 1898, ch. 119.

65. Except where the contrary appears, every indorsement is presumed
prima facie to have been made at the place where the instrument is dated.

An. Code, 1924, sec. 66. 1912, sec. 66. 1904, sec. 66. 1898, ch. 119.

66. An instrument negotiable in its origin continues to be negotiable
until it has been restrictively indorsed or discharged by payment or
otherwise.

An. Code, 1924, sec. 67. 1912, sec. 67. 1904, sec. 67. 1898, ch. 119.

67. The holder may at any time strike out any indorsement which
is not necessary to his title. The indorser whose indorsement is struck
out, and all indorsers subsequent to him, are hereby relieved from liability
on the instrument.