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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 89
by James Smith McMaster - 1906
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Proceedings ..., Volume 21

New York State Bar Association - Bar associations - 1898 - 404 pages
...usual course of business. It transfers the equitable, but not the legal title." Section 91 provides: " A holder in due course is a holder who has taken the...defect in the title of the person negotiating it." It will be noted that the usual qualifications that a bona fide holder must take the paper in the usual...
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Pennsylvania Bar Association. Meeting. Report of the ... Annual ..., Volume 5

Pennsylvania Bar Association - Bar associations - 1899 - 410 pages
...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. SEC. 53. Where an instrument payable on demand is negotiated an unreasonable length of time after its...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 191

Alabama. Supreme Court - Law reports, digests, etc - 1916 - 758 pages
...course is a holder who has taken the instrument under the following conditions: (1) That the instrument is complete and regular upon its face. (2) That he...defect in the title of the person negotiating it. Sec. 4985. An instrument is negotiated when it is transferred from one person to another in such manner...
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District and County Reports: Containing Reports of Cases Decided ..., Volume 7

Pennsylvania. Courts - Law reports, digests, etc - 1926 - 916 pages
...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." In the trial and in the argument by counsel of the motion under consideration, this case was heard...
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Southern Reporter, Volume 112

Law reports, digests, etc - 1927 - 1040 pages
...if such was the fact. "(3) That he took it in good faith and for value. "(4) That at the time it wns negotiated to him he had no notice of any infirmity...defect in the title of the person negotiating it. "Station 2G31. ir/icrt Person not Deemed Holder in Due Course. — Where an instrument payable on demand...
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Southern Reporter, Volume 102

Law reports, digests, etc - 1925 - 1026 pages
...One of the requirements to constitute one a holder in good faith is that at the time the instrument was negotiated to him .he had no notice of any infirmity in it or defect in the title of the person negotiating it Section 52, Negotiable Instruments Law. "To...
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South Western Reporter. Second Series: Cases Argued and Determined ..., Volume 4

Law reports, digests, etc - 1928 - 1182 pages
...had been previously dishonored, if such was the fact; that he took it In good faith and for value; that at the time it was negotiated to him he had no...or defect in the title of the person negotiating It We conclude that the testimony shows unquestionably that plaintiff below was a holder in due course,...
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