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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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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908 - 396 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 doejs not apply in favor of a party who became bound on the instrument prior to...
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Popular Law Library, Putney...

Albert H. Putney - Law - 1908 - 394 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 Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 276 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 (&). But the last-mentioned rule does not apply in favor of a party who became bound on the instrument...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 366 pages
...be a holder in due course (a) ; but when it is shown that the title of any person who hau negotiated the instrument was defective, the burden is on the...claims acquired the title as a holder in due course (b). But the last-mentioned rule does not apply in favor of a party who became bound on the instrument...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 276 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...person under whom he claims acquired the title as holder in due course. 3 But the last-mentioned rule does not apply in favor of a party who became bound...
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The Negotiable Instruments Law with Comments and Criticisms: Reprinted from ...

Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 pages
...holder to prove that he or some person under whom he claims acquired the title as holder in due course.3 But the last.mentioned rule does not apply in favor...instrument prior to the acquisition of such defective title.4 ARTICLE V. LIABILITIES OF PARTIES. Sec. 60. The maker of a negotiable instrument by making...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - Law - 1909 - 926 pages
...to be a holder in due course; but when it is shown that the title of any person who has »egotiated 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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Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 139

Iowa. Supreme Court - Law reports, digests, etc - 1909 - 1124 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 Pacific Reporter, Volume 98

Law reports, digests, etc - 1909 - 1164 pages
...to be a holder In due course ; hut, 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." By section 1007 it Is provided that "the title of a person •who negotiates an instrument...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - Bills of exchange - 1909 - 658 pages
...facie to be a holder In due course ; but when it is ment was defective, the burden is on the bolder to prove that he or some 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 bound on the instrument prior to...
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