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" To constitute notice of an infirmity in the instrument or defect in the title of the person negotiating the same, the person to whom it is negotiated must have had actual knowledge of the infirmity or defect, or knowledge of such facts that his action... "
The Negotiable Instruments Law: From the Draft Prepared for the ... - Side 53
av John Jay Crawford - 1902 - 173 sider
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The Southwestern Reporter, Volum 151

1913 - 1322 sider
...notice of any infirmity in the instrument or defect in the title of his codefeudant, Straus. [2] To constitute notice of an infirmity In the instrument...knowledge of such facts that his action In taking t ho instrument amounted to bad faith. •For other cases see same topic and section NUMBER in Dec....
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The Southwestern Reporter, Volum 97

1907 - 1278 sider
...the person negotiating It" "See. 5G. To constitute notice of nn Infirmity In the Instrument or defect in the title of the person negotiating the same, the...action In taking the Instrument amounted to bad faith. "Sec. 57. A holder In due course holds the Instrument free from any defect of title of prior parties...
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The Southwestern Reporter, Volum 176

1915 - 1322 sider
...Infirmity in a negotiable note is thus defined in section 50 of the Negotiable Instruments Act: "To constitute notice of an infirmity in the instrument...person negotiating the same, the person to whom it is noïotinted must have actual knowledge of the infirmity or defect, or knowledge o£ such facts that...
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The South Western Reporter, Volum 252

1923 - 1210 sider
...Instrument Act (Vernon's Ann. Civ. St. Supp. 1922, art. 6001—54) provides: "Where the transferee receives notice of an infirmity in the instrument or defect in the title of the person negotiating the same before he has paid the full amount agreed to be paid therefor, he will be deemed a holder in due course...
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The Southwestern Reporter, Volum 201

1918 - 1336 sider
...indorsee had actual knowledge when he took the note that the place of payment had been removed or changed, or knowledge of such facts that his action in taking the instrument amounted to bad faith, under Rev. St. 1909, § 10026, he cannot be a "holder in due course." [Ed. Note. — For other definitions,...
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The Southwestern Reporter, Volum 191

1917 - 1328 sider
...1909), to constitute notice of the Infirmity or defect in Booth's title to the defendant's notes, Stone must have had actual knowledge of the infirmity or defect, or knowledge of such farts that his action in taking the notes as collateral amounted to bad faith. A mere suspicion of...
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The South Western Reporter, Volum 128

1910 - 1390 sider
...the equities between the original parties, unless at the time of the purchase and indorsement they had actual knowledge of the infirmity or defect, or knowledge of such facts that their action in taking the instrument amounted to bad faith, baws 1905, p. 250, § 50 (Ann. St. 1906,...
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The New York Supplement, Volum 150

1915 - 1242 sider
...Fixture Company amounted to bad faith. Section 95 of the Negotiable Instruments Law provides : "To constitute notice of an infirmity in the instrument...action in taking the instrument amounted to bad faith." Section 93 thereof provides : "Where the transferee receives notice of any infirmity in the instrument...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 sider
...circumstances as amount to a fraud. 75. To constitute notice of an infirmity in the instrument or dcfc-ct in the title of the person negotiating the same, the...action in taking the instrument amounted to bad faith. 76. A holder in due course holds the instrument free from any defect of title of prior parties, and...
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The New York Supplement, Volum 87

1904 - 1262 sider
...constitute notice of an infirmity in the instrument, or defect in the title, the person to whom it was negotiated "must have had actual knowledge of the...action in taking the instrument amounted to bad faith." None of these elements appear in the transaction between Smith and the plaintiff. See, also. Am. Ex....
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