 | United States. Supreme Court - Law reports, digests, etc - 1847 - 844 pages
...limitation ; for example, at page 20, it is said, — " We are prepared to say that receiving a note in payment of, or as security for, a preexisting debt...to the known usual course of trade and business." This certainly cannot be intended to mean that if the note is received, not in payment, not in pursuance... | |
 | Joseph Story - Checks - 1851 - 794 pages
...unaffected with the equities between the antecedent parties, of which he has no notice, only where he receives it, in the usual course of trade and business, for a valuable consideration, before it becomes doe: we are prepared to say, that receiving it in payment of, or as security for, a preexisting debt,... | |
 | John Barnard Byles - Negotiable instruments - 1853 - 664 pages
...the United States, however, have gone the full length of holding, that receiving a note in payment or as security for a pre-existing debt is according to the known usual course of business, and entitles the taker to all the rights and benefits of a holder bona fide and for valuable... | |
 | Robert D. Handy, John H. Handy - Law reports, digests, etc - 1855 - 638 pages
..."receiving a negotiable note in payment of, or as seMessick & Co. vs. Roxborough & \Vilcox. curity for a pre-existing debt, is according to the known usual course of trade and business, and the assignee is a bona fide holder for value." This opinion was pronounced in 1842, and was so thoroughly... | |
 | Illinois. Supreme Court - Law reports, digests, etc - 1867 - 632 pages
...And farther on, the court remark : " We are prepared to say that receiving it " (a negotiable note) " in payment of, or as security for, a preexisting debt, is according to the known and usual course of trade and business." In the later editions of his Commentaries, Chancellor KENT,... | |
 | United States. Supreme Court, Benjamin Robbins Curtis - Law reports, digests, etc - 1864 - 696 pages
...unaffected with the equities between the antecedent parties, of which he has no notice, only where he receives it in the usual course of trade "and business...preexisting debt, * is according to the known usual course [ * 20 ] of trade and business. And why upon principle should not a preexisting debt be deemed such... | |
 | Law - 1880 - 554 pages
...instrument is unaffected with the equities between antecedent parties, of which he has no notice, only where he receives it in the usual course of trade and business for a valuable consideration, before it becomes duo; we are prepared to say that receiving it in payment of, or as security for u pre-existing debt,... | |
 | John Innes Clark Hare - Civil procedure - 1871 - 952 pages
...notice, only where he receives it in the usual course of trade and business fora valuable consideraton, before it becomes due ; we are prepared to say, that receiving it in payment of, or as security for pre-existing debt, is according to the known usual course of trade and business. And why upon principle... | |
 | Louisiana. Supreme Court - Law reports, digests, etc - 1874 - 980 pages
...unaffected with the equities between the antecedent parties, of which he has no notice, only where he receives it in the usual course of trade and business...for a pre-existing debt, is according to the known and usual course of trade and business. And why upon principle should not a pre-exist2 GioTimovich... | |
 | Sir John Barnard Byles - Bills of exchange - 1874 - 860 pages
...the United Stales, however, have gone the full length of holding, that receiving a note in payment or as security for a pre-existing debt is according to the known usu;il course of business, and entitles the taker to all the rights and benefits of a holder bona fide... | |
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... antecedent parties, of which he has no notice, only where he receives it in the usual course of trade and business for a., valuable consideration, before it becomes due, we are prepared to say that receiving it in payment of or as security for a pre-existing... 
