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" But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed. "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Page 1767
by United States - 1901 - 2037 pages
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Volume 37

New York (State). Courts - Law reports, digests, etc - 1902 - 974 pages
...where the instrument is in the hands of a holder in due course, a valid delivery thereof by all the parties prior to him so as to make them liable to...delivery by him is presumed until the contrary is proved. " § 91. A holder in due course is a holder who has taken thf instrument under the following conditions:...
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The Law Relating to Cheques

Eric Russell Watson - Banking law - 1902 - 182 pages
...cheque. But if the cheque be in the hands of a holder in due course, a valid delivery of the cheque by all parties prior to him, so as to make them liable to him, is conclusively presumed. Where a cheque is no longer in possession of a party who has signed it as drawer or indorser, a valid...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...instrument. But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed (c). And where the instrument is no longer in the possession of a party whose signature appears thereon,...
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The Scots Statutes Revised ...: The Public General Statutes Affecting ...

Scotland - Law - 1900 - 594 pages
...in the bill. But if the bill be in the hands of a holder in due course a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed. (3.) Where a bill is no longer in the possession of a party who has signed it as drawer, acceptor,...
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General Laws of the State of Idaho ...

Idaho - Electronic journals - 1903 - 494 pages
...instrument. But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable...him is presumed until the contrary is proved. SEC. 17. Where the language of the instrument is ambiguous, or there are omissions therein, the following...
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...instrument is in the hands of a holder " in due course, a valid delivery thereof by all parties prior to T ' him so as to make them liable to him is conclusively...by him is presumed until the contrary is proved." 4* In treating this question, it will be convenient to divide the subject into the following subdivisions:...
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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...instrument. But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed. And where theinstrument is no longer in the possession of a party whose signature appears thereon, a valid and...
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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - Banks and banking - 1903 - 646 pages
...instrument. But, if the instrument be in the hands of a holder in due course," a valid delivery thereof by all parties prior to him, so as to make them liable to him, is conclusively presumed. Where the instrument is no longer in the possession of a party whose signature appears thereon, a valid...
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The Civil Code of Lower Canada and the Bills of Exchange Act, 1890: With All ...

Québec (Province). - Bills of exchange - 1903 - 964 pages
...the bill ; Hut if the bill is in the hands of a holder in due course, a valid delivery of the bill by all parties prior to him, so as to make them liable to him, is conclusively presumed : 3. Where a bill is no longer in the possession of a party who has signed it as drawer, acceptor or...
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Encyclopædia of Accounting, Volume 1

George Lisle - Accounting - 1903 - 560 pages
...the indorsee. But if the bill be in the hands of a holder in due course, a valid delivery of the bill by all parties prior to him, so as to make them liable to him, is conclusively presumed. CAPACITY AND AUTHORITY OF PARTIES. — This is coextensive with capacity to contract. A corporation...
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