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prior endorsements guaranteed

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 293 U.S. 340 - United States v. Guaranty Trust Co. · 1934Most cited · 146 citing opinions

The express guaranty of prior indorsements means no more than what is implied by every unrestricted indorsement, namely, that the indorsements were effective to give to the holder a legal title and the right to enforce payment of the check.