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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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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Electronic journals - 1897 - 434 pages
...when he negotiates it in breach of faith, or under such circumstances as amount to a fraud. Sec. 56. To constitute notice of an infirmity in the instrument...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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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...SEC. 56. To constitute notice of an infirmity in the instrument or defect in the title of the prrson negotiating the same, the person to whom it is negotiated...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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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...of an infirmity in infirmity in . , •"* ir • i • i /- i instrument. the instrument or defect in the title of the person negotiating the same the...action in taking the instrument amounted to bad faith. Hoiderindue SECTION S7- A holder in due course holds the instrucourse not ~" ..,-. liable for ment...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

Joseph Fitz Randolph - Commercial law - 1899 - 1068 pages
...or under such circumstances as amount to a fraud. Sec. 95 (56). What Constitute* Notice of Defect. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. Sec. 96 (.57). Rights of Holder in Due Course. A holder in due course holds the instrument free from...
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Session Laws of the State of Washington

Washington (State) - Law - 1899 - 476 pages
...when he negotiates it in breach of faith, or under such circumstances as amount to a fraud. SEC. 56. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. selves, and may enforce payment of the instrument for the full amount thereof against all parties liable...
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Laws of the State of Utah

Utah - 1899 - 206 pages
...under such circumstances as amount to a fraud. Sec. 56. Notice of Defect, What is. To constitute a notice of an infirmity in the instrument or defect...action in taking the instrument amounted to bad faith. Sec. 57. Holder in Due Course. A holder in due course holds the instrument free from any defect of...
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 pages
...an ity8ne<ces1sarym" infirmity in the instrument or defect in the title to notice. oj. ^.jie pergon negotiating the same, the person to whom it is negotiated...action in taking the instrument amounted to bad faith. NOTE — Mere suspicion of infirmity immaterial. Kelly v. Whitney, 45 Wis., 110. A holder not In due...
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - Law - 1900 - 862 pages
...faith, or under such circumstances as amount to a fraud. § 95. What constitutes notice of defect — To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. § 96. Rights of holder in due course — A holder in due course holds the instrument free from any...
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The Ontario Law Reports: Cases Determined in the Court of Appeal ..., Volume 15

Law reports, digests, etc - 1908 - 796 pages
...Falconbridgo, cJ Law, sec. 95, at p. 481 of Maclaren on Bills, Notes and Cheques, 3rd ed., which provides that "to constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." The plaintiffs had no actual notice when they took the note, and their right to the title of holders...
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Supplement to the Revised Statutes of the United States ..., Volume 2, Part 2

United States - Law - 1901 - 934 pages
...NOTICE OF INFIRMITY. — To constitute notice of an mtutes notice. firmity in the instrument, or defect in the title of the person negotiating the same, the...action in taking the instrument amounted to bad faith. Holder in due SEC. 1361. HOLDER IN DUE COURSE FREE FROM DEFENSES. — A holder course free from jn...
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