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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 New York Supplement - Side 772
1918
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 sider
...facie to be a holder In due course ; but when it is ment was defective, the burden is on the bolder to prove that he or 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 bound on the instrument prior...
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The Atlantic Reporter, Volum 72

1909 - 1148 sider
...prima facie to be a holder la due course, and that, when it is shown that the title of the negotiator was defective, the burden is on the holder to prove that he or some person under whom he claimed has acquired title as a holder in due course. Held, in an action by an indorsee of a note before...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 sider
...ch. 612, § 97. § 98. Who deemed holder in due course. 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 »egotiated the instrument was defective, the burden is on the holder to prove that he or some person...
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The American State Reports: Containing the Cases of General Value ..., Volum 130

Abraham Clark Freeman - 1910 - 1362 sider
...section 59 (Code Supp. 1907, sec. 3060a59), as follows: "Every holder is deemed prima facie to be a holder in due course; but when.- it is shown that...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 bound on the instrument prior...
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The South Western Reporter, Volum 126

1910 - 1384 sider
...negotiable instrument act. Section 59 (Russell's 6t I 1928), provides: "Every holder Is deemed prima facie a holder in due course; but when it Is shown that the...whom he claims, acquired the title as a holder in flue course." The bank here obtained the title to the paper from the Boice & Grogan Lumber Company,...
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American Law Reports Annotated, Volum 18

1922 - 1658 sider
...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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Reports of Cases Decided in the Supreme Court of the State of ..., Volum 24

North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - 1914 - 788 sider
...L.RA.(NS) 473, 129 NW 455. When it is shown that the title of a person who has negotiated the note is defective, the burden is on the holder to prove that he or some other person under whom he claims had title as a holder in due course. Rev. Codes 1905, Sec. 6361;...
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American Law Reports Annotated, Volum 6

1920 - 1784 sider
...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 ..., Volum 57

1923 - 924 sider
...instrument under such circumstances as amount to fraud, and section 3140 of the same code provides that "when it is shown that the title of any person who...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, Volum 12

1927 - 604 sider
...in blank by such specified person, shall be deemed prima facie to have title thereto as 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 he or some person under whom...
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