 Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise.  The Northeastern Reporter - Page 4291920Full view - About this book
 | Washington (State) - 1899 - 476 pages
...deemed a holder for value to the extent of his lien. SEC. 28. Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | Joseph Fitz Randolph - 1899 - 1068 pages
...of his lien. .Sec. 54 (28). Effect oj Want of Consideration. Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto whether the failure is an ascertained and liquidated... | |
 | Utah - 1899 - 206 pages
...extent of his lien. Sec. 28. Absence or Failure of Consideration. Absence or failure of consideration is matter of defense as against any person not a holder in due course, and partial failure of consideration is a defense pro tanto whether the failure is ian ascertained and... | |
 | New York (State) - 1900 - 862 pages
...of 1898, § g.) § 54. Effect of want of consideration — Absence or failure o£ consideration is matter of defense as against any person not a holder in due course ; a partial failure of consideration is a defense pro tanto whether the failure is an ascertained and... | |
 | United States - 1901 - 934 pages
...* Ыя ^ SEC. 1332. ABSENCE OR FAILURE OF CONSIDERATION. — Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | Ohio - 1902 - 1050 pages
...extent of his lien. Sec. 3172. [Effect of want of consideration.] Absence or failure of consideration is matter of defense as against any person not a holder in due course and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | District of Columbia - 1902 - 400 pages
...his lien. Sec. 1332. ABSENCE OR FAILURE OF CONSIDERATION. — Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | Ohio - 1902 - 1048 pages
...extent of his lien. Sec. 3172. [Effect of Want of consideration.] Absence or failure of consideration is matter of defense as against any person not a holder in due course and partial failure/ of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | John Jay Crawford - 1902 - 220 pages
...thereof. See section 96. § 54. Effect of want of consideration.—Absence or failure of consideration is matter of defense as against any person not a holder in due course (a) ; and partial failure of consideration is a defense pro tanto (&), whether the failure is an ascertained... | |
 | Idaho - 1903 - 494 pages
...deemed a holder for value to the extent of his lien. SEC. 28. Absence of failure of consideration is a matter of defense as against any person not a holder in due course, and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
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