Sement
A Dictionary of Law · Henry Campbell Black · 1891
A Dictionary of Law
The act of a payce, accommodation indorser, or holder note, check, or other negotiable in- £, in writing his name upon the back me, with or without further or qualwords, whereby the property in the assigned and transferred to another. hat which is so written upon the back of otiable instrument. One who writes his name upon a negotiainstrument, olherwise than as a miker or ptor, and delivers it, with his name reon, to another person, is called an “in- I dorser,” and his actis called “indorsement.”
Givil Code Gal. § 3108; Civil Code Dak. § 1886.
An indorsement in full is one in which meniion is made of the nameof the indorsee. Chit. Bills, 170. ‘ A blank indorsement is one which dees not mention the name of the indorsee, and censists, generally, simply of the name cf the _ indorser wrilten on the back of the instrument.
1 Daniel, Neg. Inst. § 693.
A conditional indorsemeni is one by which the indorser annexes some condition (other than the failure of prior parties to pay) to his liability. The condition may be either precedent or subsequent.
1 Daniel, Neg. Inst. § 697.
A restrictive indorsement is one which is 80 worded as to restrict the further negotiability of the instrument, A qualified indorsement is one which restrains or limits or qualifies or enlarges the liability of the indorser, in any manner different from what the law generally imports as his true liability, deducible from the nature of the instrument. Chit. Bills, (8th Ed.) 261; 7 Taunt. 160. ‘ In criminal law. An entry made upon the back of a writ or warrant.