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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 ... - Stran 2648
avtor: New York (State) - 1909
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The New York Supplement, Količina 80

1903 - 1338 strani
...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." It is evident from these provisions that the Legislature did not intend to wipe out the defenses to...
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Lackawanna Jurist, Količina 12

1912 - 440 strani
...same section further 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." The affidavit of defense is brief, but, to the point. Defendant avers that he...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Količina 54

Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - 1916 - 880 strani
...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...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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Reports of Cases Argued and Determined in the Ohio Circuit ..., Količina 22

William John Tossell - 1912 - 832 strani
...definition that if a note is obtained by fraud the title is defective, as provided in Gen. Code 8160, "the burden is on the holder to prove that he or some...claims acquired the title as a holder in due course. ' ' In other words, if a defense is established against the original payee, then the holder who claims...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 strani
...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...prior to the acquisition of such defective title. LIAIIILITIES OF PARTI E8. Sec 67. The maker of a negotiable instrument by making it engages that he...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 strani
...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...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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Laws of the State of New York, Količina 2

New York (State) - 1897 - 996 strani
...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...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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Acts and Resolutions Adopted by the Legislature of Florida

Florida - 1897 - 426 strani
...drawer. Acceptor's admissions. Deemed an indorser. Person placing signature in blank on instriiment. of a party who became bound on the instrument prior to the acquisition of such defective title. ARTICLE V. Liabilities of Parties. SEC. 60. The maker of a negotiable instrument by making it engages...
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Laws of the State of Wisconsin

Wisconsin - 1899 - 856 strani
...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...prior to the acquisition of such defective title. NOTK — PRESUMPTION. The holder Is presumed to have taken Ite Instrument In due course, and before...
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Laws of the State of Utah

Utah - 1899 - 206 strani
...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...prior to the acquisition of such defective title. ARTICLE V. LIABILITIES OF PARTIES. Sec. 60. Maker, Liability of. The1 maker of a negotiable instrument...
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