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
| Mr.Robert C. Effros - Business & Economics - 1998 - 870 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... | |
| Reinhard Zimmermann, D. P. Visser - History - 1996 - 1218 pages
...holder obtains a good and complete title to the bill'. In the same vein, s 19(3) provides: 'If a bill is in the hands of a holder in due course a valid delivery of such bill by all parties prior to him, so as to make them liable to him, is conclusively presumed.'... | |
| Mr.Robert C. Effros - Business & Economics - 1998 - 870 pages
...case may be. 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, or... | |
| Carr - Law - 2000 - 811 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... | |
| Indira Carr - Law - 2003 - 668 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... | |
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