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. Southern Reporter - Page 3601921Full view - About this book
| Scotland - Law - 1900 - 594 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,... | |
| Eric Russell Watson - Banking law - 1902 - 182 pages
...cheque. But if the cheque be in the hands of a holder in due course, a valid delivery of the cheque by all parties prior to him, so as to make them liable to him, is conclusively presumed. Where a cheque is no longer in possession of a party who has signed it as drawer or indorser, a valid... | |
| New York (State). Courts - Law reports, digests, etc - 1902 - 974 pages
...for the purpose of transferring the property in the instrument. But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all the parties prior to him so as to make them liable to him is conclusively presumed. And where the instrument... | |
| Idaho - Session laws - 1903 - 494 pages
...for the purpose of transferring the property in the instrument. But where the instrument is in the hands of a holder in due course, a valid delivery...delivery by him is presumed until the contrary is proved. SEC. 17. Where the language of the instrument is ambiguous, or there are omissions therein,... | |
| John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...for the purpose of transferring the property in the instrument. But where the instrument is in the hands of a holder in due course, a valid delivery...liable to him is conclusively presumed. And where theinstrument is no longer in the possession of a party whose signature appears thereon, a valid and... | |
| International Correspondence Schools - Banks and banking - 1903 - 646 pages
...not for the purpose of transferring the property in the instrument. But, if the instrument be in the hands of a holder in due course," a valid delivery...make them liable to him, is conclusively presumed. Where the instrument is no longer in the possession of a party whose signature appears thereon, a valid... | |
| George Lisle - Accounting - 1903 - 556 pages
...the indorsee. 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. CAPACITY AND AUTHORITY OF PARTIES. — This is coextensive with capacity to contract. A corporation... | |
| Québec (Province). - Bills of exchange - 1903 - 964 pages
...the bill ; Hut if the bill is 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... | |
| James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...for the purpose of transferring the property in the in" strument. But where the instrument is in the hands of a holder " in due course, a valid delivery thereof by all parties prior to T ' him so as to make them liable to him is conclusively presumed. " And where the instrument is no... | |
| Kentucky - Law - 1904 - 384 pages
...for the purpose of transferring the property in the instrument. But where the instrument is in the hands of a holder in due course, a valid delivery...delivery by him is presumed until the contrary is proved. Ambiguous instru §17. Where the language of the instrument is amments — how construed, biguous,... | |
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