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" To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action... "
North Carolina Corporation Code, Annotated: Containing the Statutes ... - Page 210
by James Hinton Pou - 1922 - 1021 pages
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 181

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1915 - 808 pages
...58 of our negotiable instruments act (Act No. 265, Pub. Acts 1905), reads as follows: "To constitute notice of an infirmity in the instrument, or defect...action in taking the instrument amounted to bad faith." We find nothing in the record, either as to the time when the purchase was made by the plaintiff, or...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 151

North Carolina. Supreme Court - Law reports, digests, etc - 1909 - 1058 pages
...is conclusive : "2205. Actual Knowledge Necessary to Constitute Notice of Infirmity. To constitute notice of an infirmity in the instrument or defect...action in taking the instrument amounted to bad faith." It has further been held with us (Evans v. Freeman, 142 NC, 61) that the form of the endorsement, "without...
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The Central Law Journal, Volume 91

Law - 1920 - 516 pages
...payee, In so far as defenses of which he had notice are concerned. By notice is intended either — "actual knowledge of the infirmity or defect, or knowledge...action In taking the instrument amounted to bad faith." Laws 1909, c. 123, § 66. It can be found that one who knew of facts that would have put the ordinary...
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The Central Law Journal, Volume 86

Law - 1918 - 502 pages
...said that this rule at common law is strongly enforced in Negotiable Instruments Law. There must be "actual knowledge of the infirmity or defect, or knowledge...such facts that his action in taking the instrument amounts to bad faith." "Mere ground of suspicion as to possible defects in the title of the negotiator,...
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The Northwestern Reporter, Volume 186

Law reports, digests, etc - 1922 - 1138 pages
...sufficient evidence to have gone to the Jury on the question of fraud. Section 5374. "To constitute notice of an infirmity in the instrument, or defect...action in taking the instrument amounted to bad faith." McClaran stated In his testimony that he thought he told Locher what the note was given for; that is,...
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Report of the ... Annual Meeting of the American Bar Association, Volume 30

American Bar Association - Law - 1906 - 474 pages
...31, 1905). Under the NIL Acts 1899, p. 150, ch. 94 (Crawf., § 95), it is provided that to constitute notice of an infirmity in the instrument or defect...action in taking the instrument amounted to bad faith. Where certificates of deposit payable to C., " trustee " and " trustee of BF," were wrongfully indorsed...
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The Federal Reporter

Law reports, digests, etc - 1925 - 1124 pages
...Minnesota Negotiable Instruments Law, § 66 (Gen. St. Minn. 1913, S 5868), providing that, "to constitute notice of an infirmity in the Instrument or defect...action in taking the instrument amounted to bad faith," a custom between grain commission firms and their customers that notes given by customers as collateral...
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The Federal Reporter, Volume 136

Law reports, digests, etc - 1905 - 1120 pages
...infirmity in the Instrument or defect in the title of the person negotiating it" "Sec. 73. To constitute notice of an infirmity in the Instrument or defect...action in taking the instrument amounted to bad faith. "Sec. 74. A holder in due course holds the instrument free from any defect of title or prior parties,...
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The Federal Reporter

Law reports, digests, etc - 1925 - 1112 pages
...person negotiating a bill or note, "the person to whom it is negotiated must have had actual notice of the infirmity or defect, or knowledge of such facts...action in taking the instrument amounted to bad faith." This writ seems to us an attempt to find or make some conflict or discord between the quoted portions...
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The Pacific Reporter, Volume 170

Law reports, digests, etc - 1918 - 1210 pages
...instrument prior to the acquisition of such defective title." It Is enacted by section 5889: "To constitute notice of an infirmity in the instrument or defect...is negotiated must have had actual knowledge of the iulirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to...
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