 | Law reports, digests, etc - 1906
...entirely superseded by what is known as the "negotiable instrument law," which provides, in § 56, as follows: "To constitute notice of an infirmity...action in taking the instrument amounted to bad faith." Acts 1899, chap. 94, p. 150. This section of the negotiable instrument law was construed by this court... | |
 | Robert Emmet Bunker - Negotiable instruments - 1906 - 682 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... | |
 | Emilius Oviatt Randall - Negotiable instruments - 1906 - 200 pages
...such. La Dow v. Ball, Ohio Dec. (Dayt.) 225. (1872.) 3173a (4953) [What Constitutes Notice of Defect.] To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. The doctrine of Us pendens does not apply to negotiable paper, transferred before due, in due course... | |
 | American Bar Association - Bar associations - 1906
...(Crawf., § 95), it is provided that to constitute notice of an infirmity in the inslrument or defect in the title of the person negotiating the same, the...action in taking the instrument amounted to bad faith. Where certificates of deposit payable to C., " trustee " and "trustee of BF," were wrongfully indorsed... | |
 | District of Columbia - Law - 1906 - 396 pages
...Sec. 1360. NOTICE OF INFIRMITY. — To constitute notice of an infiit 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... | |
 | Rhode Island - 1907
...TENNESSEE, MARCH 31, 1905. Under the NIL Acts 1899, p. 150, ch. 94 (Crawf., § 95), it is provided that to constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. Where certificates of deposit payable to C., "trustee" and "trustee of BF," were wrongfully indorsed... | |
 | New Mexico - 1907 - 459 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. Sed. 57. A holder in due course holds the instrument free from any defect of title or prior parties,... | |
 | Illinois - Law - 1907
...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. in force July i, 1874, known as sections 131 and 136 of chapter 38 of the Revised Statutes of Illinois,... | |
 | Alabama - Law - 1907
...in the tille of thetutes notice of person negotiating the same, the person to whomj."^ei"'^. or de" it is negotiated must have had actual knowledge of...action in taking the instrument amounted to bad faith. Section 57. A holder in due course holds theH M r in de instrument free from any defect of title of... | |
 | Joseph A[sbury]. Joyce - 1907 - 1091 pages
...the instrument or defect in the title of the person negotiating the same, the person to whom it was negotiated must have had actual knowledge of the infirmity...action in taking the instrument amounted to bad faith. A mere suspicion of infirmity; time of purchase, so as to cut off the equities of the payor against... | |
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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... 
