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" The rights of the holder are to be determined by the simple test of honesty and good faith, and not by a speculative issue as to his diligence or negligence. "
Reports of Cases at Law and in Chancery Argued and Determined in the Supreme ... - Side 533
av Illinois. Supreme Court - 1875
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Practice Reports in the Supreme Court and Court of Appeals, Volum 32

Nathan Howard (Jr.) - 1867 - 636 sider
...to be upon the alert for circumstances which might possibly excite the suspicions of wary vigilance. The rights of the holder are to be determined by the...and good faith, and not by a speculative issue as to diligence or negligence (Maaee agt. Badger, 34 NYS 248). 7. Where the state was entitled to and did...
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Reports of Cases in Law and Equity in the Supreme Court of the ..., Volum 56

Oliver Lorenzo Barbour, New York (State). Supreme Court - 1870 - 722 sider
...Law, 160. Magee v. Badger, 34 NY Rep. 247. Belmont Bank v. Hoge, 35 id. 65.) It is now held that " the rights of the holder are to be determined by the...simple test of honesty and good faith, and not by any speculative issue as to his diligence or negligence." (Magee v. Badger, supra) He is not bound...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volum 25

1882 - 624 sider
...purchaser, would not be disturbed. The rights of a holder of negotiable paper, purchased before due, are to be determined by the simple test of honesty and good faith on his part in making the purchase. In determining whether the purchaser has acted in good faith or...
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The Bankers' Magazine, and Journal of the Money Market, Volum 37

1877 - 1070 sider
...does not owe to the party who puts such paper in circulation the duty of active inquiry, to avert tho imputation of bad faith. The rights of the holder are to be determined by tho simple test of honesty and good faith, and not by mere speculation as to his probable diligence...
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The Northwestern Reporter, Volum 186

1922 - 1138 sider
...731, 112 NW 165; Edolen v. First Nut Bank (ild.) 115 Atl. 599. [/] The rights of the plaintiff bank are to be determined by the simple test of honesty...and good faith, and not by a speculative issue as to its diligence or negligence. While carelessness or negligence is not tue equivalent oí notice, and...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumer 149-150

1907 - 2094 sider
...vigilance. He does not owe to the party who puts negotiable paper afloat the duty of active inquiry to avert the imputation of bad faith. The rights of...speculative issue as to his diligence or negligence." This case is cited approvingly in Brown v. Spofford, 95 US 474, 478, 24 L. Ed. 508. It is not, therefore,...
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The American Reports: Containing All Decisions of General Interest ..., Volum 41

Isaac Grant Thompson - 1883 - 958 sider
...or not he is a bona fide purchaser. The rights of a holder of negotiable paper purchased before due are to be determined by the simple test of honesty and good faith on his part in making the purchase. In determining whether the purchaser has acted in good faith or...
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Reports of Cases Argued and Determined in the Superior Court of ..., Volum 49

New York (State). Superior Court (New York), James Clark Spencer, Samuel Jones - 1884 - 622 sider
...ordinary rule be applied in favor of the bank as to the rights of holders of negotiable paper, that ' they are to be determined by the simple test of honesty...and good faith, and not by a speculative issue as to their diligenceor negligence,' then the practical result would be that the bank could not be held in...
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The American Reports: Containing All Decisions of General Interest ..., Volum 45

Isaac Grant Thompson - 1884 - 880 sider
...which might possibly excite the suspicions of wary vigilance, and that the rights of the holder were to be determined by the simple test of honesty and good faith, and not by a speculative issue as to diligence or negligence. The cases of Pringle v. Phillips and Danforth v. Dart, in so far as they rest...
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The Pacific Reporter, Volum 115

1911 - 1170 sider
...the paper afloat the duty of active inquiry in order to avert the imputation of bad faith. His rights are to be determined by the simple test of honesty and good faith, not by a speculative inquiry Into diligence or negligence. Although he may have been negligent in taking...
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