 A holder in due course is a holder who has taken the instrument under the following conditions:— 1. That it is complete and regular upon its face; 2. That he became the holder of it before it was overdue, and without notice that it had been previously...  Michigan Reports: Cases Decided in the Supreme Court of Michigan - Page 387by Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Richard W. Cooper, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner - 1919Full view - About this book
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1912 - 666 pages
...instruction./ By our negotiable instrument statute (section 1604, Comp. Laws 1907), it is provided that: "A holder in due course is a holder who has taken the instrument under the following conditions : That the instrument is complete and regular upon its face; that he became the holder of it before... | |
 | Law reports, digests, etc - 1905 - 1120 pages
...holder at the time of taking the Instrument knew him to be only an accommodation party." "Sec. 69. A holder In due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face. (2) That he became the holder of It before it was... | |
 | Law reports, digests, etc - 1912 - 1170 pages
...good faith or In due course of business before maturity. Section 3509 of the Revised Codes provides : "A holder in due course is a holder who has taken...instrument under the following conditions: First, that the instrument is complete and regular upon its face; second, that he became the holder of it before... | |
 | Law reports, digests, etc - 1911 - 1172 pages
...NEGOTIABLE— CHECK— EFFECT OF PAYMENT— "HOLDER IN DUE COURSE." Under LOL § 5885, which declares that a "holder in due course" is a holder who has taken the instrument under condition that it is complete and regular upon its face, that he became the holder of it before it... | |
 | Law reports, digests, etc - 1908 - 1134 pages
...the defendant bank as the holder of these bonds? The fifty-second section of the act declares that "a holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon Its face. (2) That he became the holder of It before it was... | |
 | Law reports, digests, etc - 1918 - 1336 pages
...amount to a material alteration? The statute (section 10022. RS 1909) defines a "holder in due course" as follows: "A holder in due course is a holder who...taken the instrument under the following conditions: (1) Thnt it is complete and regular upon its face; (2) that he became the holder of it before it was... | |
 | Law reports, digests, etc - 1918 - 1036 pages
...paper as collateral security for a pre-existing debt These definitions are as follows: Section 5007: "A holder in due course is a holder who has taken the instrument under the following conditions," among others nominated in the section: "(3) That he took it In good faith and for value." Section 49S2:... | |
 | Maryland - Law - 1898 - 700 pages
...instrument may sue thereon in his own name ; and payment to him in due course discharges the instrument. 71. A holder in due course is a holder who has taken the instrument under the following conditions : 1. That it is complete and regular on its face. 2. That he became the holder of it before it was... | |
 | New York (State). Supreme Court. Appellate Division - Law reports, digests, etc - 1916 - 1154 pages
...Negotiable Instruments Law (Consol. Laws, chap. 38; Laws of 1909, chap. 43). Section 91 thereof provides: "A holder in due course is a holder who has taken the instrument under the following conditions: "1. That it is complete and regular upon its face; "2. That he became the holder of it before it was... | |
 | William John Tossell - Law reports, digests, etc - 1912 - 832 pages
...ellipsis, I suppose, for the expression "a holder in due course of trade or due course of business,") "is a holder who has taken the instrument under the following conditions : ' ' We find then four conditions essential to the constituting of a ' ' holder in due course. ' '... | |
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