 | Commissioners on Uniform State Laws (U.S.). Conference - Uniform state laws - 1907
...instrument, complete and regular upon its face, before it is overdue, in good faith and for value, and having no notice of any infirmity in the instrument, or defect in the title of the person negotiating it, has good title, even though the person from whom he takes it may have acquired it by fraud, theft or... | |
 | Michigan - 1905
...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. SEC. 55. Where an instrument payable on demand in Demand paper, negotiated an unreasonable length of... | |
 | Robert Emmet Bunker - Bills of exchange - 1905 - 299 pages
...previously dishonored, if such was the fact;3 Third, That he took it in good faith " and for value;5 Fourth, That at the time it was negotiated to him he had no notice of any infirmity in the instrument or defect in the title of the person negotiating it.8 1 — Holder in due course is a term employed... | |
 | Emilius Oviatt Randall - Negotiable instruments - 1906 - 200 pages
...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. In an action on a negotiable promissory note, when it appears that the plaintiff is a purchaser before... | |
 | Robert Emmet Bunker - Negotiable instruments - 1906 - 682 pages
...a negotiable instrument to be one 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." The act further provides (Id. § 56) that, to constitute notice of an infirmity in the instrument or... | |
 | Law reports, digests, etc - 1906
...Negotiable Instruments Law, Laws 1897, p. 732, c. 612, § 91, defining a holder in due course as one having no notice of any infirmity in the instrument and defect in the title of the person negotiating it ; and it cannot recover thereon, notwithstanding Banking Law, Laws 1892, p. 18G9. c. 689, § 5o, fixing... | |
 | Law reports, digests, etc - 1907
..."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....or defect In the title of the person negotiating It "5. That he took It in the usual course of business." It will be observed that In harmony with elementary... | |
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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... 
