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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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The Northwestern Reporter, Volume 112

Law reports, digests, etc - 1907
...instrument or defect in the title of the person negotiating the same, the person to whom It Is negotinted must have had actual knowledge of the infirmity or...action in taking the instrument amounted to bad faith." Certainly the facts relied upon for appellant have no tendency to Indicate bad fnith. The evidence...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908
...or under such circumstances as amount to a fraud. [NOTICE OF INFIRMITY — WHAT CONSTITUTES.] 56. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. [RIGHTS OF A HOLDER IN DUE COURSE.] 57. A holder in due course holds the instrument free from any...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 212 pages
...applying this provision see Aukland v. Arnold, 131 Wis. 64. 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 Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 250 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. 5 Sec. 57. A holder in due course holds the instrument free from any defect of title of prior parties,...
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Popular Law Library, Putney...

Albert Hutchinson Putney - Law - 1908
...or under such circumstances as amount to a fraud. [NOTICE OF INFIRMITY — WHAT CONSTITUTES.] 56. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. [RIGHTS OF A HOLDER IN DUE COURSE.] 57. A holder in due course holds the instrument free from any...
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The Negotiable Instruments Law with Comments and Criticisms

Joseph Doddridge Brannan - Bills of exchange - 1908 - 250 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...his action in taking the instrument amounted to bad faith.6 Sec. 57. A holder in due course holds the instrument free from any defect of title of prior...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - Law - 1909
...circumstances as amount to a fraud. Formerly L. 1897, ch. 612, 94. 95. What constitutes notice of defect. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. Formerly L. 1897, ch. 612, S 95. 96. Rights of holder in due course. A holder in due course holds...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - Law - 1910
...notice of any infirmity in the instrument or defect in the title of the person negotiating it. Sec. 56. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith. 108. Constructive notice. The rule stated above is the general one, but it is limited by the doctrine...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - Banking law - 1910 - 811 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. Am. Exch. Nat. Bank v. NY Belting Co., 148 NY 698, 705, 43 NE 168; Cheever v. Pittsburgh, etc., RR...
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Cases Determined in the Supreme Court of Washington, Volume 55

Washington (State). Supreme Court - Law reports, digests, etc - 1910
...in the instrument or defect in the title of the person negotiating it." Laws 1899, p. 350. "Sec. 56. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." Laws 1899, p. 350. The respondent purchased the note for value before maturity, and at the time of...
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