Sumitomo Bank of Hawaii, Ltd. v. Hawaii Nosan Shokwai, Ltd.

Citations

• 25 Haw. 646
• 1920 Haw. LEXIS 9

Syllabus

<p>Commercial Paper — dills of lading.</p> <p>The bill of lading represents the goods. It is the symbol of the goods. Its negotiability is that of the goods. Thus in general the transferee of a bill of lading takes the title of the transferor just as the transferee of goods takes the title of the transferor.</p> <p>Same — dills of exchange — transfer dy dlank indorsement.</p> <p>The legal title to a bill of exchange may be transferred by blank indorsement and the holder to whom such bill is transferred has absolute control thereof.</p> <p>Same — same—same.</p> <p>.The possession of a bill of exchange indorsed in blank to the payee is prima facie proof of ownership and sufficient in the absence of other evidence to entitle the holder to recover on proving the indorsement.</p>