 Every holder is deemed prima facie to be a holder in due course ; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired...  Annual Report of the Illinois State Bar Association - Page 106by Illinois State Bar Association - 1899Full view - About this book
 | Commercial law - 1968 - 1224 pages
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 | Law - 1936 - 1216 pages
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 | Pennsylvania. Courts - Law reports, digests, etc - 1926 - 916 pages
...Negotiable Instruments Act of May 16, 1901, PL 194, "when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he ... acquired the title as holder in due course:" Second National Bank v. Hoffman, 229 Pa. 429; United... | |
 | Philippines. Supreme Court - Law reports, digests, etc - 1924 - 1112 pages
...prima facie to be a holder in due course, but when it is shown that the title of any person who has negotiated the instrument was defective, the burden...person under whom he claims acquired the title as holder in due course. In section 55 of the same Law it is declared, among other things, that the title... | |
 | Law reports, digests, etc - 1925 - 1042 pages
...that section 5014 of the Code provides that : "When it is shown that the title of any person who has negotiated the instrument was defective, the burden...acquired the title as a holder in due course." But the provision of the Negotiable Instruments Law, section 4973 of the Code, is such that, if a promissory... | |
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