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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... "
The Consolidated Laws of the State of New York, 1909: Prepared Under the ... - Page 2648
by New York (State) - 1909
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The Lehigh County Law Journal: Containing Cases Decided in the ..., Volume 8

1920 - 444 pages
...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...person under whom he claims, acquired the title as holder in due course," etc. Sec. 59, Neg. Inst. Act, 3 Purd. 3279. "The mere possession of a negotiable...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 97

New York (State). Supreme Court. Appellate Division - 1904 - 794 pages
...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...claims acquired the title as a holder in due course." Section 9-i provides : " The title of a person who negotiates an instrument is defective within the...
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American Law Reports Annotated, Volume 18

1922 - 1658 pages
...shown that the title Headnotes by SHARP, J. 18 ALR— 1. of any person who has negotiated a negotiable instrument was defective, the burden is on the holder...claims acquired the title as a holder in due course, except as otherwise provided in § 4109, Rev. Laws 1910. [See 3 RCL 1033, 1038 et seq.} Appeal —...
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American Law Reports Annotated, Volume 6

1920 - 1790 pages
...Evidence — burden of proof — consideration. 6. And under § 4109, Rev. Laws 1910, when the title is defective, the burden is on the holder to prove that...claims, acquired the title as a holder in due course, and where the bank purchases a negotiable note and deposits the money to the credit of the seller,...
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Reports of Cases Determined in the Courts of Appeal of the State ..., Volume 57

1923 - 924 pages
...3140 of the same code provides that "when it is shown that the title of any person who has negotiated the instrument was defective the burden is on the...person under whom he claims acquired the title as holder in due course." Inasmuch as it is alleged in the complaint that the title of the defendant Guarantee...
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The Cornell Law Quarterly, Volume 12

1927 - 604 pages
...aforesaid ; but when it is shown that the title of any person who has negotiated such instrument is defective, the burden is on the holder to prove that...under whom he claims acquired the title as a holder for value and without notice as aforesaid. "These instruments were all once non-negotiable. See Dixon...
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Pennsylvania Bar Association. Meeting. Report of the ... Annual ..., Volume 5

Pennsylvania Bar Association - 1899 - 410 pages
...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...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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Report of Cases Argued and Determined in the Court of Appeals of ..., Volume 9

Alabama. Court of Appeals, Lawrence H. Lee - 1914 - 778 pages
...the instrument is defective, the burden is on the holder to [German,American National Bank v. Lewis.] prove that he or some person under whom he claims acquired the title as a holder in due course," etc. The American & English Encyclopedia of Law (volume 4, pp. 318,320), where the authorities are...
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Reports of Cases Determined in the Supreme Court of the ..., Volume 44

Philippines. Supreme Court - 1924 - 1112 pages
...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...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...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 19

Idaho. Supreme Court - 1911 - 912 pages
...some person under whom he claims acquired the title as a holder in due course. But the last-mentioned rule does not apply in favor of a party who became...prior to the acquisition of such defective title.'' Sec. 3509, Rev. Codes, defines a holder in due course as follows: "A holder in due course, is a holder...
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