 | John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...attained such knowledge by the use of ordinary care." § 95. What constitutes notice of defect.—To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith (a). (a) The holder is not bound at his peril to be on the alert for circumstances which might possibly... | |
 | District of Columbia - Law - 1902 - 400 pages
...breach of faith or under such circumstances as amount to a fraud. ity in the instrument, or defect in the title of the person negotiating the same, the...action in taking the instrument amounted to bad faith. Sec. 1361. HOLDER IN DUE COURSE FREE FROM DEFENSES. — A holder in due course holds the instrument... | |
 | Philippines - Gazettes - 2001 - 188 pages
.../Courts on the presence of bad faith of a holder decreed that "in order to show that the defendant had 'knowledge of such facts that his action in taking the instrument amounted to bad faith.' it is not necessary to prove that the defendant knew the exact fraud that was practiced upon the plaintiff... | |
 | Washington (State). Supreme Court, Eugene Glenroy Kreider - Law reports, digests, etc - 1903 - 840 pages
...instrument or defect in the title of the person negotiating it." The act further provides (Id. § 56) that, "to constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith:" and (Id., §57), that "a holder in due course holds the instrument free from any defect of title of... | |
 | John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...3172ic-3173d; Rhode Island, 59-67; Wisemsin, 1676-21-1676-29. { 95. What constitutes notice of defect — To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. 5 96. Rights of holder in due course. — A holder in due course holds the instrument free from any... | |
 | Montana - Law - 1903 - 434 pages
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 | James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...person negotiating the same, " the person to whom it is negotiated must have had actual knowl" edge of the infirmity or defect, or knowledge of such facts...action in taking the instrument amounted to bad faith." 70 This section is, without doubt, declaratory of the existing rule. 77 b. Actual knowledge.— Actual... | |
 | Kentucky - Session laws - 1904 - 378 pages
...or when he negotiates it in breach of faith, or under such circumstances as amount to a fraud. ? 56. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. What constitutes notice. § 57. A holder in due course holds the instrument Holder in due course takes... | |
 | Indiana. Supreme Court, Charles Frederick Remy, George Washington Self, Philip Zoercher, William H. Adams, Mrs. Edward Franklin White, Emma Mary May - Law reports, digests, etc - 1919 - 890 pages
...Negotiable Instruments Act "must govern on this subject," and quoted the following portion of the act : "To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." §56, supra. The court, however, in stating to the jury the effect of facts that might be found by... | |
 | Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...condition as he was before the note in suit was given. Actual knowledge of infirmity necessary to notice. —To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. NOTE— Mere suspicion of infirmity is immaterial. A holder not in due course takes the paper subject... | |
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To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action... 
