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" 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 106
by Illinois State Bar Association - 1899
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Laws of the State of Utah

Utah - 1899 - 206 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...acquired the title as a holder in due course. But the last mentioned rule does not apply in favor of a party who became bound on the instrument prior to...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

Joseph Fitz Randolph - Commercial law - 1899 - 1068 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...claims acquired the title as a holder in due course. J5ut the last-mentioned rule does not apply in favor of a party who became bound on the instrument...
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Session Laws of the State of Washington

Washington (State) - Law - 1899 - 476 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. But the last mentioned rule does not apply in favor of a party who became bound...
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 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...some person under whom he claims acquired the title in due course. But the last mentioned rule does not apply in favor of a party who became bound on the...
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The Negotiable Instruments Law ...

George Williams Bates - 1899 - 52 pages
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - Law - 1900 - 862 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...prior to the acquisition of such defective title. 148 §§ 110-114 Article VI. ARTICLE VI. LIABILITIES OF PARTIES. SECTION 110. Liability of maker. 111....
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - Checks - 1900 - 396 pages
...prima facie to he 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...some person under whom he claims acquired the title in due course. But the last mentioned rule does not apply in favor of a party who became bound oa the...
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Supplement to the Revised Statutes of the United States ..., Volume 2, Part 2

United States - Law - 1901 - 934 pages
...due holder in due course; but when it is shown that the title of any person who has coursenegotiated the instrument was defective, the burden is on the...prior to the acquisition of such defective title. SEC. 1304. LIABILITY OF MAKER. —The maker of a negotiable instru- Liability of ment, by making it,...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 pages
...?er?ivpl'"e '* d*~ 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. But the lastmentioned rule does not apply in favor of a party who became bound...
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Report of the Commissioners for Consolidating and Arranging the ..., Parts 1-74

Massachusetts. Commissioners for Consolidating and Arranging the Public Statutes - Law - 1901 - 692 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. But the last mentioned rule does not apply in favor of a party who became bound...
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