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" Where an instrument payable on demand is negotiated an unreasonable length of time after its issue, the holder is not deemed a holder in due course. "
The Pacific Reporter - Page 174
1913
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The Federal Reporter

Law reports, digests, etc - 1925 - 1124 pages
...notes were payable on demand. The Negotiable Instruments Act, § 53 (section 5865), provides: "Where an instrument payable on demand is negotiated an unreasonable...the holder is not deemed a holder in due course." The question arises: What is an unreasonable length of time T Section 193 of the Negotiable Instruments...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...title of the person negotiating it. £ 53. WHEN PERSON NOT DEEMED HOLDER IN DUE COURSE. — Where an instrument payable on demand is negotiated an unreasonable...issue the holder is not deemed a holder in due course. § 54. NOTICE BEFORE FULL AMOUNT PAID.— Where the transferee receives notice of any infirmity in...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...of any infirmity in the instrument or defect in the title of the person negotiating it. 72. Where an instrument payable on demand is negotiated an unreasonable...the holder is not -deemed a holder in due course. 73. Where the transferee receives notice of any infirmity in the instrument or defect in the title...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...infirmity in the instrument or defect in the title of the person negotiating it. Sec. 60. Where an instrument payable on demand is negotiated an unreasonable...issue, the holder is not deemed a holder in due course. Sec. 01. Where the transferee receives notice of any infirmity in the instrument or defect in the title...
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Laws of the State of New York, Volume 2

New York (State) - Law - 1897 - 996 pages
...title of the person negotiating it. § 92. When person not deemed holder in due course. — Where an instrument payable on demand is negotiated an unreasonable...issue, the holder is not deemed a holder in due course. § 93. Notice before full amount paid. — Where the transferee receives notice of any infirmity in...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...infirmity in the instrument or defect in the title of the person negotiating it. SEC. 53. Where an instrument payable on demand is negotiated an unreasonable...issue, the holder is not deemed a holder in due course. SEC. 54. Where, the transferee receives notice of any infirmity in the instrument or defect in the...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Electronic journals - 1897 - 434 pages
...instrument payable on de- when not mand is negotiated an unreasonable length of time holder ln due after its issue, the holder is not deemed a holder in due course. 222 NEGOTIABLE INSTRUMENTS. Void notes. Notice of infirmity. Title of holder in due course. Title of...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...the law of the State where the indorsement is made, this section is important. SECTION 53. " Where an instrument payable on demand is negotiated an unreasonable...the holder is not deemed a holder in due course." SECTION 63. "A person placing his signature upon an instrument otherwise than as maker, drawer or acceptor...
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Laws of the State of Utah

Utah - 1899 - 206 pages
...instrument or defect in the title of the person negotiating it. Sec. 53. On Demand Instrument. Where an instrument payable on demand is negotiated an unreasonable...issue, the holder is not deemed a holder in due course. Sec. 54. Notice of Defect. When the transferee receives notice of any infirmity in the instrument or...
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Session Laws of the State of Washington

Washington (State) - Law - 1899 - 476 pages
...infirmity in the instrument or defect in the title of the person negotiating it. SEC. 53. Where an instrument payable on demand is negotiated an unreasonable...issue, the holder is not deemed a holder in due course. SEC. 54. Where the transferee receives notice of any infirmity in the instrument or defect in the title...
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