 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.  The Pacific Reporter - Page 441925Full view - About this book
 | 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... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...if the bill be in the hands of a holder in due ind.Act,».ii8, 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,... | |
 | John Frederick Haynes - English law - 1884 - 736 pages
...drawing, accepting, or indorsing, as the case may be : (b.) may be shown to have been conditional or for a special purpose only, and not for the purpose of transferring the property in the bill. But if the bill be in the hands of the holder in due course a valid delivery of the bill by all... | |
 | Henry Roscoe - Evidence (Law) - 1884 - 834 pages
...accepting, or indorsing, as the сазетау be : (6.) may be shown to have been conditional or for a special purpose only, and not for the purpose of transferring the property in the bill. But if the bill be in the hands of a holder in due course" (vide sect. 29, post, p. 322) " a... | |
 | South Australia - Law - 1884 - 330 pages
...drawing, accepting, or indorsing, as the case may be : (b.) May be shown to have been conditional or for a special purpose only, and not for the purpose of transferring the property 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... | |
 | Henry Dunning Macleod - Banks and banking - 1886 - 722 pages
...drawing, accepting, or indorsing, as the case may be : (b) May be shown to have been conditional or for a special purpose only, and not for the purpose of transferring the property 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... | |
 | Law reports, digests, etc - 1908 - 1134 pages
...indorsing, as the case may be; and in such case the delivery may be shown to have been conditional or for a special purpose only and not for the purpose of transferring the property under the instrument; but where the instrument is iii the bands of a holder in due course, a valid... | |
 | Virginia - Law - 1899 - 724 pages
...indorsing as the case may be, and in such case the delivery may be shown to have been conditional or for a special purpose only and not for the purpose of...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... | |
 | Law reports, digests, etc - 1926 - 1230 pages
...provided in section 16 of the Negotiable Instruments Act (Acts 1919, c, 123) that — " • • • But where the instrument is in the hands of a holder...to 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,... | |
 | Law reports, digests, etc - 1917 - 1312 pages
...indorsing, as the ease may be; and in such case the delivery may be shown to have been conditional, or for a special purpose only, and not for the purpose of transferring the property in the instrument." At the close of the testimony the plaintiff requested and was refused a directed verdict. Plaintiff... | |
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