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
| 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... | |
| 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... | |
| 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... | |
| 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... | |
| 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.... | |
| 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... | |
| 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,... | |
| 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... | |
| 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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