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" Every holder is deemed prima facie to be a holder in due course ; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired... "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Page 1771
by United States - 1901 - 2037 pages
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The Pacific Reporter, Volume 114

Law reports, digests, etc - 1911
...to be a holder in due course; but when it Is shown that the title of any person who has negotiated the instrument was defective, the burden Is on the...person under whom he claims acquired the title as holder in due course. * * * " Our inquiry, therefore, is whether the bank from which respondents acquired...
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The Pacific Reporter, Volume 170

Law reports, digests, etc - 1918
...to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the...or some person under whom he claims, acquired the titje as a holder in due course; but the last-mentioned rule does not apply in favor of a party who...
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The Pacific Reporter, Volume 115

Law reports, digests, etc - 1911
...section 3450 provides, when It is shown that the title of the person who has negotiated the instrument Is defective, the burden Is on the holder to prove that...person under whom he claims, acquired the title as holder in due course; and, although under section 3446 the title of the transportation company to this...
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Atlantic Reporter, Volume 93

Law reports, digests, etc - 1915
...to be a holder in due course ; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the...claims acquired the title as a holder in due course." As already stated, the defendant offered evidence to show that the note had been obtained from one...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 1177 pages
...to be a holder in due course, but when it is shown that the title of any person who has negotiated the instrument was defective the burden is on the...acquired the title as a holder in due course. But the last mentioned rule does not apply in favor of a party who became bound on the instrument prior to...
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The Southwestern Reporter, Volume 126

Law reports, digests, etc - 1910
...facie a holder In due course; but when it Is shown that the title of any person who has negotiated the Instrument was defective, the burden is on the...person under whom he claims, acquired the title as a bolder In due course." The bank here obtained the title to the paper from the Bolee & Grogan Lumber...
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The Southwestern Reporter, Volume 151

Law reports, digests, etc - 1913
...Kentucky Statutes, 3720b, subsec. 55. When it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the...he, or some person under whom he claims, acquired title as a holder in due course. This rule, however, does not apply In favor of a party who become...
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The South Western Reporter, Volume 125

Law reports, digests, etc - 1910
...403—59]) 59. providing that when it is shown that the title of any person who has negotiated an instrument was defective, the burden is on the holder...prove that he or some person under whom he claims was a holder in due course, and section f2. defining a "holder in due course" as one who took the...
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The South Western Reporter, Volume 218

Law reports, digests, etc - 1920
...to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the...holder to prove that he or some person under whom he j claims acquired the title as a holder in due course." [S] The meaning of this is that when the defendant...
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The New York Supplement

Law reports, digests, etc - 1903
...to be a holder In due course; but when It Is shown that the title of any person who has negotiated the instrument was defective, the burden is on the...claims acquired the title as a holder in due course." It is evident from these provisions that the Legislature did not intend to wipe out the defenses to...
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