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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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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 767 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...prior to the acquisition of such defective title. [See ante, p. 39i.l ARTICLE VI. Liabilities of Parties. Note.— This article appears as f 60-89...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 29

Idaho. Supreme Court - Law reports, digests, etc - 1917
...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...prior to the acquisition of such defective title." Since the title of McLaughlin Brothers to said note was shown to be defective, the provision of sec....
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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 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...prior to the acquisition of such defective title. ARTICLE VI.* Liabilities of Parties. Section 110. Liability of maker. 111. Liability of drawer. 112....
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General Laws of the State of Idaho Passed at the First- Session of the State ...

Idaho - Law - 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...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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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 6

James Smith McMaster - 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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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - Law - 1904
...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 Negotiable Instruments Law of Kentucky

Charles Monfort Lindsay - Negotiable instruments - 1904 - 174 pages
...be a holder in due course (a) ; 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 (6). But the lastmentioned rule does not apply in favor of a party who became bound on the instrument...
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The Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - Commercial law - 1904 - 800 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...some person under whom he claims acquired the title in due course. But the last mentioned rule does not apply in favor of a party who became bound on the...
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Acts of the General Assembly of the Commonwealth of Kentucky, Passed

Kentucky - Law - 1904
...has negotiated the instrument was defective, the bnrden is on the holder to prove that He or sonic person under whom he claims acquired the title as a holder in due course. But the last mentioned rule does not apply in favor of a party who became hound on the instrument prior to...
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Session laws - 1904
...person who has negotiated the instrument was defective, the burden is on the holder to prove that ne or some person under whom he claims acquired the title as a holder in due course. Hut the last mentioned rule does not apply in favor of a party who became bound on the instrument prior...
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