(The references are to pages,)

USURY, no implied warranty that note is not void for usury, 88.
note given for usurious loan, 72, 73.

VALUE, meaning of term, 4.

failure to specify does not affect negotiable character of

instrument, 16.

what constitutes, 39, 40.

pre-existing debt is, 39-43.

what constitutes holder for value, 41.
lien on instrument constitutes, 41.

WAIVER of benefits of law by obligor, 15.

of presentment for payment, 107-109.

what will amount to waiver of presentment for payment,

108, 109.

of notice of dishonor, 129, 130.

when embodied in instrument, 130, 131.

when written above signature, 130, 131.

of protest, what it includes, 131.

WARRANTY, where negotiation by delivery, 87-89.
where negotiation by qualified indorsement, 87-89.
of genuineness, 87-89.

when warranty of genuineness not implied, 88.

of capacity of prior parties where negotiation by delivery
or qualified indorsement, 87, 88.

no implied warranty that note is not void for usury, 88.
no implied warranty of capacity to contract on sale of

municipal bonds, 87-89.

general indorser warrants, that instrument is genuine, 89.
that instrument is what it pur-

ports to be, 89.

that he has a good title, 89.

that prior parties had capacity

to contract, 89.

that instrument is valid and
subsisting, 89.

in case of instrument indorsed "for collection 89, 90,

"WITHOUT RECOURSE," effect of term, 53.

WRITING may be in pencil, 8.

WRITTEN, what included in term, 4.

WRITTEN PROVISIONS prevail over printed, 29.