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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... "
McMaster's Commercial Decisions Affecting the Banker and Merchant [from the ... - Page 130
by James Smith McMaster - 1906
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Atlantic Reporter, Volume 77

Law reports, digests, etc - 1911
...instrument, or defect In the title of the person negotiating It Section 75 of article 13 provides that "To constitute notice of an Infirmity In the Instrument...action in taking the instrument amounted to bad faith." Section 76 provides that "a holder In due course holds the instrument free from any defect of title...
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Atlantic Reporter, Volume 67

Law reports, digests, etc - 1908
...instrument or defect in the title of the person negotiating the same, the person to whom it is negotiable must have had actual knowledge of the Infirmity or...action in taking the instrument amounted to bad faith." Knowledge on the part of the bank that the person to whom they made the loan was the mayor of the borough,...
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The Atlantic Reporter, Volume 55

Law reports, digests, etc - 1903
...governed. The notice that section provides, which will prevent a holder of a note from recovering, is "actual knowledge of the Infirmity or defect, or knowledge...action In taking the instrument amounted to bad faith. But the prayers in question, as we have seen, after telling the Jury In the first that there Is no...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 1177 pages
...faith or under such circumstances as amount to a fraud. § 56. WHAT CONSTITUTES NOTICE OF DEFECT. — To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. S 57. RIGHTS OF HOLDER IN DUE COURSE. — A holder in due course holds the instrument free from any...
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The Southwestern Reporter, Volume 97

Law reports, digests, etc - 1907
...the person negotiating It" "See. 5G. To constitute notice of nn Infirmity 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. 57. A holder In due course holds the Instrument free from any defect of title of prior parties...
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The Southwestern Reporter, Volume 201

Law reports, digests, etc - 1918
...indorsee had actual knowledge when he took the note that the place of payment had been removed or changed, or knowledge of such facts that his action in taking the instrument amounted to bad faith, under Rev. St. 1909, § 10026, he cannot be a "holder in due course." [Ed. Note. — For other definitions,...
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The Southwestern Reporter, Volume 151

Law reports, digests, etc - 1913
...either that plaintiff, at the time he cashed the check, had knowledge of the fraud of Straus, or had knowledge of such facts that his action in taking the instrument amounted to bad faith. Plaintiff having shown that he paid cash for the check, and he had no notice of any infirmity in the...
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The Southwestern Reporter, Volume 176

Law reports, digests, etc - 1915
...person to whom it is noļotinted must have actual knowledge of the infirmity or defect, or knowledge o£ such facts that his action in taking the instrument amounted to bad faith." It Is not perceived how notice to another of the Invalidity of the notes In question, which was never...
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The New York Supplement

Law reports, digests, etc - 1915
...given and within a reasonable time." What constitutes notice is defined by section 95 of the same law, as follows : "To constitute notice of an Infirmity...action In taking the instrument amounted to bad faith." What constitutes good faith upon the part of a holder of negotiable paper has been denned by the Court...
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2 years transportation progress, Volume 150

Law reports, digests, etc - 1915
...Electric Fixture Company amounted to bad faith. Section 95 of the Negotiable Instruments Law provides : "To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." Section 93 thereof provides : "Where the transferee receives notice of any infirmity in the instrument...
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