Subject to the provisions of section 58, a promissory note, bill of exchange or cheque 1[payable to order], is negotiable by the holder by indorsement and delivery thereof
1. Subs. by Act 8 of 1919, s. 4, for payable to the order of a specified person, or to a specified person or order.
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Sec 47 — Negotiation by delivery.
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Sec 49 — Conversion of indorsement in blank into indorsement in full.
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