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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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Annual Report of the Pennsylvania Bar Association, Volume 5

Pennsylvania Bar Association - Bar associations - 1899
...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. But the last-mentioned rule does not apply in favor of a party who became bound...
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Report of Cases Argued and Determined in the Court of Appeals of ..., Volume 9

Alabama. Court of Appeals, Lawrence H. Lee - Law reports, digests, etc - 1914
...the instrument is defective, the burden is on the holder to [German,American National Bank v. Lewis.] prove that he or some person under whom he claims acquired the title as a holder in due course," etc. The American & English Encyclopedia of Law (volume 4, pp. 318,320), where the authorities are...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 19

Idaho. Supreme Court - 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...to the acquisition of such defective title.'' Sec. 3509, Rev. Codes, defines a holder in due course as follows: "A holder in due course, is a holder who...
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Southern Reporter, Volume 101

Law reports, digests, etc - 1925
...5014 of the Code provides that : "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 provision of the Negotiable Instruments Law, section 4973 of the Code, is such that, if a promissory...
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