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" Where the transferee receives notice of any infirmity in the instrument or defect in the title of the person negotiating the same before he has paid the full amount agreed to be paid therefor, he will be deemed a holder in due course only to the extent... "
The Pacific Reporter - Page 139
1917
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 207

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1920 - 788 pages
...of the note. Section 56 of the negotiable instruments law (2 Comp. Laws 1915, § 6095) provides that where the transferee receives notice of any infirmity...the extent of the amount theretofore paid by him. We are of the opinion that upon this record the court erred in holding that the plaintiff was a holder...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...its issue the holder is not deemed a holder in due course. § 54. NOTICE BEFORE FULL AMOUNT PAID.— Where the transferee receives notice of any infirmity...the extent of the amount theretofore paid by him. S 55. WEEN TITLE DEFECTIVE. — The title of a person who negotiates an instrument is defective within...
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The South Western Reporter, Volume 252

Law reports, digests, etc - 1923 - 1210 pages
...6001—54) provides: "Where the transferee receives notice of an infirmity in the instrument or defect in the title of the person negotiating the same before...the extent of the amount theretofore paid by him." Saloman, therefore, Is entitled to protection as a holder in due course to the amount of $1,850 only...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...unreasonable length of time after its issue, the holder is not -deemed a holder in due course. 73. Where the transferee receives notice of any infirmity...the •extent of the amount theretofore paid by him. 74. The title of a person who negotiates an instrument is •defective within the meaning of this act,...
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The New York Supplement, Volume 150

Law reports, digests, etc - 1915 - 1242 pages
...facts that his action in taking the instrument amounted to bad faith." Section 93 thereof provides : "Where the transferee receives notice of any infirmity...the extent of the amount theretofore paid by him." The judgment and order should be reversed, and a new trial directed, with costs to appellant to abide...
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The New York Supplement, Volume 154

Law reports, digests, etc - 1915 - 1288 pages
...Digests & Indexes title of the person negotiating It before he has paid the full amount, he will he deemed a holder In due course only to the extent of the amount previously paid, a default judgment obtained by an assignee of bonds and Interest coupons, maturing...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - Iowa - 1897 - 1164 pages
...unreasonable length of time after its issue, the holder is not deemed a holder in due course. Sec. 01. Where the transferee receives notice of any infirmity...the extent of the amount theretofore paid by him. Sec. 62. The title of a person who negotiates an instrument is defective within the meaning of this...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - Law - 1897 - 426 pages
...unreasonable length of time after its issue, the holder is not deemed a holder in due course. SEC. 54. Where, the transferee receives notice of any infirmity...the extent of the amount theretofore paid by him. SEC. 55. The title of a person who negotiates an instrument is defective within the meaning of this...
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Laws of the State of New York, Volume 2

New York (State) - Law - 1897 - 996 pages
...issue, the holder is not deemed a holder in due course. § 93. Notice before full amount paid. — Where the transferee receives notice of any infirmity...the extent of the amount theretofore paid by him. § 94. When title defective. — The title of a person who negotiates an instrument is defective within...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - Electronic journals - 1897 - 434 pages
...due course. Title of others than holder In due course. Every holder prima facie holder in due course. the full amount agreed to be paid therefor, he will...the extent of the amount theretofore paid by him. Sec. 55. The title of a person who negotiates an instrument is defective within the meaning of this...
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