But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed. Illinois Law Review - Page 1471917Full view - About this book
| American Bar Association - Law - 1905 - 980 pages
...has been indorsed in blank by the payee, he is the bearer. Under RL, ch. 73, s. 33 (Crawf., s. 35), where the instrument is in the hands of a holder in...make them liable to him, is conclusively presumed. Under RL, ch. 73, ss. 73, 74 (Crawf., ss. 95, 96), if the maker of a negotiable promissory note obtains... | |
| Great Britain - 1882 - 574 pages
...in the bill. But if the bill be in the hands of a holder in due course a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed. (3.) Where a bill is no longer in the possession of a party who has signed it as drawer, acceptor,... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...in the bill. But if the bill be in the hands of a holder in due course a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed. See "holder in due course," defined by sect. 29. {3.) Where a bill is no longer in the possession of... | |
| W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...But if the bills be in the hands of a holder in due § 21. course (/) a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed (h). (3.) Where a bill is no longer in the possession of a party who has signed it as drawer, acceptor,... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...in the bill. But if tho bill be in the hands of a holder in due course a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed. (3.) Where a bill is no longer in the possession of u party who has signed it as drawer, acceptor or... | |
| India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...in the bill. But if the bill be in the hands of a holder in due course, a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed. (3.) Where a bill is no longer in the possession of a party who has signed it as drawer, acceptor,... | |
| Oscar Borchardt - Banking law - 1883 - 392 pages
...in the bill. But if the bill be in the hands of a holder in due course a valid delivery of the bill by all parties prior to him so as to make them liable to him is conclusively presumed. (3.) Where a bill is no longer in the possession of a party who has signed it as drawer, acceptor,... | |
| DR. FRANZ BERNHOFT, DR. GEORG COHN, AND DR. J. KOHLER - 1883 - 542 pages
...Begebung aufstellt. („But if the bill be in the hands of a holder in due course a valid delivery by all parties prior to him so as to make them liable to him is conclusively presumed.") 2 ) Hier wird also künStlich geschaffen, wozu die reine Creationstheorie keiner Nachhilfe bedarf 8... | |
| Law reports, digests, etc - 1914 - 1230 pages
...for a special purpose only, and not for the purpose of transferring the property in the instrument. But where the instrument is in the hands of a holder...make them liable to him is conclusively presumed. And where the instrument is no longer in the possession of a party whose signature appears thereon,... | |
| James Walter Smith - Catalogs, Publishers' - 1884 - 164 pages
...hands of an innocent holder for value, now called a " holder in due course," " the delivery of the bill by all parties prior to him, so as to make them liable to him, is conclusively presumed." (See B. o/Uxch. Act, s. 21.) 8. An acceptance is not binding when given by any other person than the... | |
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