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" To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action... "
The Federal Reporter - Page 342
1925
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 181

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 - 1915 - 808 pages
...cases. Section 58 of our negotiable instruments act (Act No. 265, Pub. Acts 1905), reads as follows: "To constitute notice of an infirmity in the instrument,...action in taking the instrument amounted to bad faith." We find nothing in the record, either as to the time when the purchase was made by the plaintiff, or...
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 151

North Carolina. Supreme Court - Law reports, digests, etc - 1909 - 1058 pages
...(Rovisal, sec. 2205) is conclusive : "2205. Actual Knowledge Necessary to Constitute Notice of Infirmity. To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." It has further been held with us (Evans v. Freeman, 142 NC, 61) that the form of the endorsement, "without...
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The Central Law Journal, Volume 91

Law - 1920 - 516 pages
...payee, In so far as defenses of which he had notice are concerned. By notice is intended either — "actual knowledge of the infirmity or defect, or knowledge...action In taking the instrument amounted to bad faith." Laws 1909, c. 123, § 66. It can be found that one who knew of facts that would have put the ordinary...
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The Northwestern Reporter, Volume 186

Law reports, digests, etc - 1922 - 1138 pages
...to us there was sufficient evidence to have gone to the Jury on the question of fraud. Section 5374. "To constitute notice of an infirmity in the instrument,...action in taking the instrument amounted to bad faith." McClaran stated In his testimony that he thought he told Locher what the note was given for; that is,...
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Report of the ... Annual Meeting of the American Bar Association, Volume 30

American Bar Association - Law - 1906 - 474 pages
...obtained by fraud, the purchaser having had no actual knowledge of the infirmity or defect, nor any knowledge of such facts that his action in taking the instrument amounted to bad faith. Rockfield vs. First Nat. Bk. of Springfield, 4 Ohio L. Rep. 290 (May, 1906). Notwithstanding the provisions...
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The Federal Reporter, Volume 136

Law reports, digests, etc - 1905 - 1120 pages
...notice of any infirmity in the Instrument or defect in the title of the person negotiating it" "Sec. 73. To constitute notice of an infirmity in the Instrument...action in taking the instrument amounted to bad faith. "Sec. 74. A holder in due course holds the instrument free from any defect of title or prior parties,...
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The Pacific Reporter, Volume 115

Law reports, digests, etc - 1911 - 1170 pages
...considered in connection with section 3447, Rem. & Bal. Code, of the same act, which reads as follows: "To constitute notice of an Infirmity in the instrument...action in taking the instrument amounted to bad faith." In other words, If an indorsee for value before maturity did not have actual knowledge of the infirmity...
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The Pacific Reporter, Volume 170

Law reports, digests, etc - 1918 - 1210 pages
...negotiating the same, the person to whom it is negotiated must have had actual knowledge of the iulirmity or defect, or knowledge of such facts that his action in taking the instrument amounted to bad faith." See 3 RCL p. 1066, § 271. Section 5890 defines the rights of a holder in due course thus: "A holder...
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The Pacific Reporter, Volume 164

Law reports, digests, etc - 1917 - 1228 pages
...on from the defendant fraudulently and without consideration." It entirely omitted any reference to "knowledge of such facts that his action in taking the instrument amounted to bad faith." Gen. Stat. 1015, § 6583. See Leavens v. Hoover, 93 Kan. 661, 667, 145 Рас. 877. We find no error...
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The Northeastern Reporter, Volume 123

Law - 1919 - 924 pages
...such statute that, to constitute a notice of an infirmity in the instrument or defect in the title of person negotiating the same, the person to whom it...action in taking the instrument amounted to bad faith. Section 90S9e2 provides that a holder in due course holds the instrument free from any defect or title...
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