...is expressed to be so payable; or (6) When it is payable to a person named therein or bearer; or (c) When it is payable to the order of a fictitious or...fact was known to the person making it so payable; or (d) When the name of the payee does not purport to be the name of any person; or (e) When the only...

...defects in his title.88 The Negotiable Instruments Law provides that an instrument is payable to bearer "when it is payable to the order of a fictitious or...fact was known to the person making it so payable." 70 The bank must observe the order in respect to the time of payment.71 If the check be postdated,...

...person named therein or bearer; or (c) When it is payable to the order of a fictitious or npnexisting person, and such fact was known to the person making it so payable; or (d) When the name of the payee does not purport to be the name of any person; or (e) When the only...

...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...only or last indorsement is an indorsement in blank. § 10. The instrument need not follow the language of this Act, but any terms are sufficient which...

...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...only or last indorsement is an indorsement in blank.' " The note in question in this case is not payable to either order or bearer. Under these provisions...

...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...the only or last indorsement is an indorsement in blank."8 Under some statutes, a negotiable note is required to be payable and negotiable, and in Kentucky...

...Instruments Law provides (Laws 1897, p. 724, c. 612, § 28) : " ' The instrument is payable to bearer : . . . (3) When it is payable to the order of a fictitious...fact was known to the person making it so payable.' The correctness of the decision in First National Bank v. Northwestern Bank, supra, may well be questioned,...

...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...only or last indorsement is an indorsement in blank." Section 7822, Or. Laws, reads thus: "An instrument is negotiated when it is transferred from one person...

...construction. Our act, insofar as applicable is as follows : ' ' The instrument is payable to bearer : "Third: When it is payable to the order of a fictitious or non-existing person and such fact is known to the person making it so payable." It is insisted, conceding the payee to be a fictitious...

...Instrument Act), which, so far as it is pertinent, reads as follows: "The instrument is payable to bearer: "3. When it is payable to the order of a fictitious or non'' 4. When the name of the payee does not purport to be the name of any person." It will be observed...