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... The Lancaster Law Review - Page 2131914Full view - About this book
| Leslie Jay Tompkins - Checks - 1901 - 220 pages
...bona fide holder for value. The holder in due course must be such that, at the time the instrument was negotiated to him, he had no notice of any infirmity...defect in the title of the person negotiating it. This last clause brings us to the somewhat extensive question of notice. Notice. A bona fide holder... | |
| Ohio - Session laws - 1902 - 1050 pages
...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....he had no notice of any infirmity in the instrument or defect in the. titfc of the person negotiating it. Sec. 31.723'. [When person not deemed holder... | |
| John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...it is complete and regular upon its face (a) ; 3. That he took it in good faith and for value (c) ; 4. That at the time it was negotiated to him he had...or defect in the title of the person negotiating it (d). (a) To determine the character of an indorsee as a bona fide holder for value without notice,... | |
| Philippines - Gazettes - 2001 - 188 pages
...been previously dishonored, if such was the fact; (c) That he took it in good faith and for value; (d) That at the time it was negotiated to him he had no...defect in the title of the person negotiating it." Pursuant to Section 59 thereof, "every holder is deemed prima facie a holder in due course. However,... | |
| District of Columbia - Law - 1902 - 400 pages
...previously dishonored, if such was the fact. Third. That he took it in good faith and for value. Fourth. That at the time it was negotiated to him he had no...defect in the title of the person negotiating it. Sec. 1357. Where an instrument payable on demand is negotiated an unreasonable length of time after... | |
| Philippines - Law - 2001 - 584 pages
...been previously dishonored, if such was the fact; (C) That he took it in good faith and for value; (D) That at the time it was negotiated to him he had no notice of any infirmity in the instrument of the person negotiating it. (Italics supplied) In view of the foregoing provisions of the Negotiable... | |
| James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...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....defect in the title of the " person negotiating it." 3 5 This section is in all respects declaratory of the common law, and is substantially the same as... | |
| Washington (State). Supreme Court, Eugene Glenroy Kreider - Law reports, digests, etc - 1903 - 840 pages
...without notice that it had been previously dishonored. Apr. 1902.] Opinion of the Court — FULLERTON, J. if such was the fact; (3) that he took it in good...defect in the title of the person negotiating it." The act further provides (Id. § 56) that, "to constitute notice of an infirmity in the instrument... | |
| John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...of it before it was overdue, and without notice that it had been previously dishonored, if such were the fact; 3. That he took it in good faith and for...defect in the title of the person negotiating it. § 92. When person not deemed holder in due course. — Where an instrument payable on demand is negotiated... | |
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