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" Constitutes a Holder in Due Course. A holder in due course is a holder who has taken the instrument under the following conditions: 1. That it is complete and regular upon its face; 2. That he became the holder of it before it was overdue, and without... "
McMaster's Commercial Decisions Affecting the Banker and Merchant [from the ... - Page 83
by James Smith McMaster - 1906
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Reports of Civil and Criminal Cases Decided by the ..., Volume 35; Volume 142

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell, Thomas Bell Monroe, John James Marshall, James Greene Dana, Benjamin Monroe, James P. Metcalfe, Alvin Duvall, William Pope Duvall Bush, John Rodman, Edward Warren Hines, Charles Cyrus Turner, Thomas Lewis Edelen, Thomas Robert McBeath, Robert G. Higdon, T. M. Jones, Amos Hall Eblen - Law reports, digests, etc - 1911
...Negotiable Instruments Code provides that, to constitute one a holder in due course, it must appear: "That at the time it was negotiated to him he had...defect in the title of the person negotiating it." No notice was brought home to the bank of plaintiffs' .•laiiu or ownership until long after it had...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 204

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1919
...previously dishonored, if such was the fact; "Third. That he took it in good faith and for value ; "Fourth. That at the time it was negotiated to him he had no...defect in the title of the person negotiating it." It is urged that the certificate is not complete and regular upon its face, because it carries 2% interest,...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 185

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1916
...dishonored ; that the bank took it in good faith ; that at the time it was negotiated with the bank it had no notice of any infirmity in the instrument or...defect in the title of the person negotiating it; but that there was no affirmative evidence that the bank parted with value or gave any consideration...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 267

Illinois. Supreme Court - Law reports, digests, etc - 1915
...it had been dishonored, if such was the fact; (3) that he took it in good faith and for value; and (4) that at the time it was negotiated to him he had...defect in the title of the person negotiating it. He contends that under these sections of the statute, the title of Stonecipher having been shown to...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 300

Illinois. Supreme Court - Law reports, digests, etc - 1922
...had been duly accepted by the drawee. It was taken in good faith and for value, and appellant then had no notice of any infirmity in the instrument or...defect in the title of the person negotiating it, and appellant was therefore a holder in due course. It relied upon the general acceptance of appellee...
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Reports of Cases Heard and Determined by the Supreme Court of ..., Volume 115

South Carolina. Supreme Court, J. S. G. Richardson, Robert Wallace Shand, Cyprian Melanchthon Efird, William Hay Townsend, Duncan C. Ray, William Munro Shand - Law reports, digests, etc - 1921
...holder 1 in due course to be one "Who has taken the instrument under the following conditions : ( 1 ) That it is complete and regular upon its face; (2)...defect in the title of the person negotiating it." Plaintiff's testimony tended to satisfy all of these conditions, except the first and last. As material...
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Reports of Cases Decided in the Supreme Court of the State of Utah, Volume 38

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1912
...had been previously dishonored, if such was the fact; that he took it in good faith and for value; that at the time it was negotiated to him he had no...defect in the title of the person negotiating it." By section 1611 that: "Every holder is deemed prima facie to be a holder in due course ; but when it...
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The Federal Reporter, Volume 136

Law reports, digests, etc - 1905
...A holder In due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face. (2)...defect in the title of the person negotiating it" "Sec. 73. To constitute notice of an infirmity in the Instrument or defect in the title of the person...
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The Lancaster Law Review, Volume 31

Henry Clay Brubaker, Charles Israel Landis, George Ross Eshleman, Issac Clinton Arnold - Law - 1914
...it in breach of faith or under such circumstances as amount to a fraud." Section 52 provides that " a holder in due course is a holder who has taken the...defect in the title of the person negotiating it." In Second National Bank of Pittsburgh r. Hoffman, 229 Pa., 429, the Court said : " The defendant was...
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The Pacific Reporter, Volume 117

Law reports, digests, etc - 1911
..."A holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face ; (2)...defect in the title of the person negotiating it." This definition does not embrace the case of a drawee. LOL 5899: "Every indorser who indorses without...
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