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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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Acts of the State of Ohio, Volume 95

Ohio - Session laws - 1902
...under such circumstances as amount to a fraud. • Sec. 3173(1. [What constitutes notice of defect.] To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. Sec. 3173^. [Rights of holder in due course.] A holder in due course holds the instrument free from...
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Acts of the State of Ohio

Ohio - Session laws - 1902
...or under such circumstances as amount to a fraud. Sec. 31730. [What constitutes notice of defect.] To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. Sec. 3173^. [Rights of holder in due course.] A holder in due course holds the instrument free from...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1902 - 173 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...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

District of Columbia - Law - 1902 - 386 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...
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Reports of Cases Determined in the Supreme Court of the State of ..., Volume 28

Washington (State). Supreme Court - Law reports, digests, etc - 1903
...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...
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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903
...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...
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 767 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...
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Session laws - 1904
...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...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 187

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
...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...
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The Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - Commercial law - 1904 - 800 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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