Every holder of a bill is prima facie deemed to be a holder in due course; but if, in an action on a bill it is admitted or proved that the acceptance, issue or subsequent negotiation of the bill is affected with fraud, duress or force and fear, or illegality,... Journal of the Institute of Bankers - Page 313by Institute of Bankers (Great Britain) - 1898Full view - About this book
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 pages
...primA facie deemed Presump. tion of to be a bond fide holder for value without notice ; 3 value and but if in an action on a bill it is admitted or there is may shift. evidence4 that the issue or subsequent negotiation of such bill is affected with... | |
| Great Britain - 1882 - 574 pages
...thercto for value. (2.) Every holder of a bill is prima facie deemed to be a holder in due course ; but if in an action on a bill it is admitted or proved...shifted, unless and until the holder proves that, Holder in due -course. subsequent to the alleged fraud or illegality, value has in good faith been... | |
| W. D. Thorburn - 1882 - 316 pages
...holder (c) of a bill is primd facie deemed to be a holder in due course (d) ; but if in an action (e) on a bill it is admitted or proved that the acceptance issue (c), or subsequent negotiation (e), of the bill is affected with fraud, duress, or force and fear,... | |
| Owen Davies Tudor - 1884 - 1250 pages
...value." Sub-s. 1. " Every holder of a bill is primA facie deemed to be a holder in due coarse ; but if in action on a bill it is admitted or proved that the...negotiation of the bill is affected with fraud, duress, force and fear, or illegality, the burden of proof is shifted, nnless and until the holder proves that,... | |
| Aviet Agabeg, William Frederick Barry - 1884 - 286 pages
...holder in due course (6), but if in an action on a '"blf^') 8-118 ' bill it is admitted or proved (c) that the acceptance, issue, or subsequent negotiation of the bill is affected with fraud (d), duress (e), or force and fear (/), or illegality, the burden of proof is shifted, unless and until... | |
| 1884 - 1510 pages
...value, so every holder of a bill is deemed to be primd facie a holder for value in due course. If on action on a bill it is admitted or proved that the acceptance or subsequent negotiation of bill was obtained by fraud or otherwise illegally, but that subsequently... | |
| Thomas Hodgins - 1890 - 336 pages
...holder of a bill is prima facie deemed to prooanuJ- is ** L j "tufted, be a h o ld er in due course; but if, in an action on a bill, it is admitted or...force and fear, or illegality, the burden of proof that he is such holder in due course shall be on him, unless and until he proves that, subsequent to... | |
| John Augustus Barron - 1890 - 152 pages
...holder of a bill is prima facie deemed to burden of * ,* J proof lies, be a holder in due course ; but if, in an action on a bill, it is admitted or...force and fear, or illegality, the burden of proof that he is such holder in due course shall be on him, unless and until he proves that, subsequent to... | |
| John Barnard Byles - 1891 - 674 pages
...value, good faith. (2) Every holder of a bill is prima facie deemed to be a holder in due course ; but if in an action on a bill it is admitted or proved...acceptance, issue, or subsequent negotiation of the bill is aflected with fraud, duress, or force and fear, or illegality, the burden of proof is shifted, unless... | |
| Henry Roscoe, Maurice Powell - 1891 - 924 pages
...(2.1 Every holder of a bill is prima facie deemed to be a holder in due course (vide ante, p. 343) ; " but if in an action on a bill it is admitted or proved...acceptance, issue, or subsequent negotiation of the bill if affected with fraud, duress, or force and fear, or illegality, the burden of proof is shifted, unless... | |
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