 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...  Harvard Law Review - Page 7371919Full view - About this book
 | Illinois - 1907 - 644 pages
...such former holder in respect to all parties prior to such holder. § 59. Every holder is deemed prima facie to be a holder in due course; but when it [is]...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... | |
 | 1907 - 1282 pages
...incorporated into the negotiable Instrument law at § 1676-29, In these words: "Every holder is deemed prima facie to be a holder in due course; but when It is...claims acquired the title as a holder in due course." Counsel for appellant freely concede that the mere crediting of the consideration agreed upon, to the... | |
 | New Mexico - 1907 - 406 pages
...former holder in respect of all parties prior to the latter. Sec. 59. Every holder is deemed primajacie to be a holder in due course; but when it is shown...person under whom he claims acquired the title as holder in due course. But the last mentioned rule does not apply in favor of a party who became bound... | |
 | 1907 - 1262 pages
...Negotiable Instruments Law, Laws 1897, p. 733, c, 612, | 08, provides that every holder Is deemed prlma facie to be a holder In due course ; but when It Is...title of any person who has negotiated the Instrument Is defective, the burden Is on the holder to prove that he or some person under whom he claims acquired... | |
 | Alabama - 1907 - 1034 pages
...former holder in respect of all parties prior to the latter. Section 59. 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 nego-cie holder in tiated the instrument was defective, the burden Jj,"6, course. Tit I(* (lo(o(. is... | |
 | Albert H. Putney - 1908 - 394 pages
...OF HOLDER IN DUB COURSE — SHIFTING BURDEN — EXCEPTION.] § 59. Every holder is deemed prima fade to be a holder in due course ; but when it is shown...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... | |
 | Albert Hutchinson Putney - 1908 - 396 pages
...OF HOLDER IN DUE COURSE — SHIFTING BURDEN — EXCEPTION.] § 59. Every holder is deemed prima fade to be a holder in due course; but when it is shown...claims acquired the title as a holder in due course. But the last mentioned rule doejs not apply in favor of a party who became bound on the instrument... | |
 | Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 pages
...former holder in respect of all parties prior ,to the latter. Sec. 59: Every holder is deemed prima facie to be a holder in due course; but when it is...person under whom he claims acquired the title as holder in due course. 3 But the last-mentioned rule does not apply in favor of a party who became bound... | |
 | John Jay Crawford - 1908 - 276 pages
...deemed holder in due course. — Every holder is deemed prima facie to be a holder in due course (a) ; but when it is shown that the title of any person...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... | |
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