 | 1921 - 1618 pages
...his individual account, cannot be a bona fide holder thereof so as to require actual knowledge of an infirmity or defect, or knowledge of such facts that...action in taking the instrument amounted to bad faith, as required by § 56 (Mo. Rev. Stat. 1909, § 10,026) of the Negotiable Instruments Law. St. Charles... | |
 | Law reports, digests, etc - 1928 - 1648 pages
...negotiates it in breach of faith or under such circumstances as amount to a fraud." Section 56 provides that "to constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." Application of the last-mentioned sections of the act to the present case leads to the same result... | |
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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... 
