 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
 | Joseph Fitz Randolph - Commercial law - 1899 - 1068 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... | |
 | New York (State) - Law - 1900 - 862 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,... | |
 | Melville Madison Bigelow - Checks - 1900 - 396 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...him so as to make them liable to him is conclusively presumed.3 And where the instrument is no longer in the possession of a party whose signature appears... | |
 | John Skirving Ewart - Estoppel - 1900 - 608 pages
...party drawing, acci-p -ing. as the case may be. "(b) May be shown to iiave been conditional, or for a special purpose only, and not for the purpose of transferring the property in the bill. "But if the bill is in the hands of a holder in diu- Co lid delivl tin.' bill by all parties... | |
 | Canadian Bankers' Association - Banks and banking - 1900 - 460 pages
...party other than a holder in due course, 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 bill. For it follows that if the bill is delivered to a person as agent or bailee, such delivery is... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 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,... | |
 | Leslie Jay Tompkins - Checks - 1901 - 220 pages
...indorsing, ?.s the case may be. In such a 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. (Sec. 35.) For instance, if you borrow $500.00 from A., and deliver to him a promissory note for that... | |
 | United States - Law - 1901 - 934 pages
...indorsing as the case may be; and in such case the deliver}' may be shown to have been conditional or for a special purpose only, and not for the purpose of transferring the property in tne instrument. But where the instru- —when prement is in the hands of a holder in due course, a... | |
 | John Jay Crawford - Negotiable instruments - 1902 - 220 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...to make them liable to him is conclusively presumed (c). And where the instrument is no longer in the possession of a party whose signature appears thereon,... | |
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