...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...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...

...expressed to be so payable; or, Second. When it is payable to a person named therein or bearer; or, Third. When it is payable to the order of a fictitious or...fact was known to the person making it so payable; or, Fourth. When the name of the payee does not purport 'to be the name of any person; or, Fifth. When...

...person named therein or bearer, as " Pay to Wm. Smith or bearer $100.00"; or when it is payable to a fictitious or non-existing person, and such fact was known to the person making it so payable, as " Pay to Jane Doe or order $100.00." Note that the person making the instrument must know and intend...

...be so payable ; or 2 2. When it is payable to a person named therein or bearer ; or 3 134 Mass. 343. 3. When it is payable to the order of a fictitious or non-existing 4 person, and such fact was known to the person making it so pay- 5 able ; or 6 4. When the name of...

...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...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...

...that the section ought not to be altered. Section 9-3 declares " an instrument to be payable to bearer when it is payable to the order of a fictitious or...was known to the person making it so payable."* The section is substantially the same as the corresponding one in the English Act with the exception of...

...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...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...

...is expressed to be so payable; or 2. When it is payable to a person named therein or bearer (a);or 3. When it is payable to the order of a fictitious...fact was known to the person making it so payable (&) ; or 5. When the only or last indorsement is an indorsement in blank. (a) Illustration: Instrument...

...expressed to be so payable; or, Second. When it is payable to a person named therein or bearer; or, Third. When it is payable to the order of a fictitious or...fact was known to the person making it so payable; or, Fourth. When the name of the payee does not "purport to be the name of any person; or, Fifth. When...

...the December number, 1900, of the Howard Law Review, "an instrument to be payable to bearer, although it is "payable to the order of a fictitious or non-existing person." Such a rule ignores the tenor of the instrument, nor is there judicial precedent or mercantile custom...