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" A holder in due course is a holder who has taken the instrument under the following conditions: (1) That it is complete and regular upon its face; (2) That he became the holder of it before it was overdue, and without notice that it had been previously... "
The Southwestern Reporter - Page 328
1922
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Reports of Civil and Criminal Cases Decided by the ..., Volume 35; Volume 142

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1911 - 952 pages
...Negotiable Instruments Code provides that, to constitute one a holder in due course, it must appear: "That at the time it was negotiated to him he had...defect in the title of the person negotiating it." No notice was brought home to the bank of plaintiffs' .•laiiu or ownership until long after it had...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 204

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1919 - 800 pages
...previously dishonored, if such was the fact; "Third. That he took it in good faith and for value ; "Fourth. That at the time it was negotiated to him he had no...defect in the title of the person negotiating it." It is urged that the certificate is not complete and regular upon its face, because it carries 2% interest,...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 185

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1916 - 806 pages
...dishonored ; that the bank took it in good faith ; that at the time it was negotiated with the bank it had no notice of any infirmity in the instrument or...defect in the title of the person negotiating it; but that there was no affirmative evidence that the bank parted with value or gave any consideration...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 267

Illinois. Supreme Court - 1915 - 734 pages
...it had been dishonored, if such was the fact; (3) that he took it in good faith and for value; and (4) that at the time it was negotiated to him he had...defect in the title of the person negotiating it. He contends that under these sections of the statute, the title of Stonecipher having been shown to...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 300

Illinois. Supreme Court - 1922 - 700 pages
...had been duly accepted by the drawee. It was taken in good faith and for value, and appellant then had no notice of any infirmity in the instrument or...defect in the title of the person negotiating it, and appellant was therefore a holder in due course. It relied upon the general acceptance of appellee...
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Reports of Cases Heard and Determined by the Supreme Court of ..., Volume 115

South Carolina. Supreme Court, J. S. G. Richardson, Robert Wallace Shand, Cyprian Melanchthon Efird, William Hay Townsend, Duncan C. Ray, William Munro Shand - 1921 - 638 pages
...March, 1914, [28 St. at Large, p. 668] ), section 52 of which defines a holder 1 in due course to be one "Who has taken the instrument under the following...defect in the title of the person negotiating it." Plaintiff's testimony tended to satisfy all of these conditions, except the first and last. As material...
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Reports of Cases Determined in the Supreme Court of the Territory ..., Volume 38

Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1912 - 666 pages
...had been previously dishonored, if such was the fact; that he took it in good faith and for value; that at the time it was negotiated to him he had no...defect in the title of the person negotiating it." By section 1611 that: "Every holder is deemed prima facie to be a holder in due course ; but when it...
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The Federal Reporter, Volume 136

1905 - 1120 pages
...holder at the time of taking the Instrument knew him to be only an accommodation party." "Sec. 69. A holder In due course is a holder who has taken the...defect in the title of the person negotiating it" "Sec. 73. To constitute notice of an infirmity in the Instrument or defect in the title of the person...
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The Lancaster Law Review, Volume 31

1914 - 448 pages
...a holder in due course is a holder who has taken the instrument under the following conditions: i. That it is complete and regular upon its face. 2....defect in the title of the person negotiating it." In Second National Bank of Pittsburgh r. Hoffman, 229 Pa., 429, the Court said : " The defendant was...
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The Pacific Reporter, Volume 114

1911 - 1168 pages
...value is at once taken away." Section 3443, Rem. & Bal. Code, thus defines a holder in due course: "A holder In due course Is a holder who has taken...defect in the title of the person negotiating It." Section 3450 reads as follows: "Every holder is deemed prima facie to be a holder in due course; but...
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