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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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Proceedings ..., Volume 21

New York State Bar Association - Bar associations - 1898
...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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Annual Report of the Pennsylvania Bar Association, Volume 5

Pennsylvania Bar Association - Bar associations - 1899
...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
...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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Southern Reporter, Volume 102

Law reports, digests, etc - 1925
...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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