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" Constitutes a Holder in Due Course. A holder in due course is a holder who has taken the instrument under the following conditions: 1. That it is complete and regular upon its face; 2. That he became the holder of it before it was overdue, and without... "
McMaster's Commercial Decisions Affecting the Banker and Merchant [from the ... - Page 83
by James Smith McMaster - 1906
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The Pacific Reporter, Volume 170

Law reports, digests, etc - 1918
..."A holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face; (2)...he had no notice of any infirmity in the instrument or defect in the title of the pereon negotiating it." Section 5892 reads thus: "Every holder is deemed...
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The Pacific Reporter, Volume 119

Law reports, digests, etc - 1912
...previously dishonored, if such was the fact; third, that he took it in good faith and for value; fourth, that at the time it was negotiated to him he had no...defect in the title of the person negotiating it" So the inquiries made of the plaintiff with reference to his acquaintance with McLaughlin Bros, and...
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The Pacific Reporter, Volume 113

Law reports, digests, etc - 1911
...before it is overdue, and who takes it in good fnith and for ealue, and at the time It is negotiated has no notice of any infirmity in the instrument or defect in the title of the person negotiating It. The court further charged "that un der the admitted facts In the case the Southern Missouri Jack Company,...
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The Northeastern Reporter, Volume 123

Law reports, digests, etc - 1919
...the following conditions: "(1) That the instrument is complete and regular upon its face; "(2) Thnt he became the holder of it before it was overdue,....defect in the title of the person negotiating it." It is provided by section 9089d2 of such statute that, to constitute a notice of an infirmity in the...
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The Northeastern Reporter, Volume 118

Law reports, digests, etc - 1918
...under the following conditions: 1. That the instrument is complete and regular upon its face. * * * 4. That at the time it was negotiated to him he had...defect in the title of the person negotiating it." Section 52. "An accommodation party is one who has signed the instrument as maker, drawer, acceptor,...
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Atlantic Reporter, Volume 67

Law reports, digests, etc - 1908
...had been previously dishonored, if such were the fact; that he took it in good faith and for value ; that at the time it was negotiated to him he had no...defect in the title of the person negotiating it. Municipal bonds complete and regular upon their face were deposited with a bank as collateral to a...
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The Southwestern Reporter, Volume 233

Law reports, digests, etc - 1922
..."A holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face; (2)...defect in the title of the person negotiating it." Every element necessary to establish the appellee bank as a holder of the notes in question "in due...
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The Southwestern Reporter, Volume 201

Law reports, digests, etc - 1918
...holder in due course is a holder who has taken the instrument under the following conditions: (1) Thnt it is complete and regular upon its face; (2) that...defect in the title of the person negotiating it." [1] The presumption Is in favor of the integrity of a negotiable promissory note; but if the note on...
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The South Western Reporter, Volume 125

Law reports, digests, etc - 1910
...who has taken the Instrument under the following conditions: "(1) That It is complete and regular on its face ; (2) that he became the holder of It before...defect In the title of the person negotiating it." It will be seen from these provisions of the law that when the respondent had shown that his notes...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 1177 pages
...instrument may sue thereon in his own name and payment to him in due course discharges the instrument. 2. That he became the holder of it before it was overdue...defect in the title of the person negotiating it. 53. WHEN PERSON NOT DEEMED HOLDER IN DUE COURSE. — Where an instrument payable on demand is negotiated...
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