 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 - Page 1351917Full view - About this book
 | Iowa. Supreme Court - 1909 - 1124 pages
...section 3060a59), as follows: " 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...defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course. But the last mentioned... | |
 | 1909 - 1148 pages
...person negotiating It. But that section further provides that, when It Is shown that the title of the 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 title as a holder In due course. The effect, therefore,... | |
 | New York (State) - 1909 - 926 pages
...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... | |
 | Abraham Clark Freeman - 1910 - 1252 pages
...1907, sec. 30GOa59), as follows: "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...defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course. But the last-mentioned... | |
 | Willis Seaver Paine - 1910 - 874 pages
...course. — Every holder is deemed prima facie to be a holder in due course; but when it is shown thau the title of any person who has negotiated the instrument...defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course. But the last mentioned... | |
 | Commissioners on Uniform State Laws (U.S.). Conference - 1910 - 242 pages
...decision interpreting Section 59 of the Negotiable Instruments Law providing that when the title of anyone who has negotiated the instrument was defective, the...burden is on the holder to prove that he acquired title in due course. This decision holds that this is but a statement of the general rule fixing the... | |
 | Ernest Wilson Huffcut - 1910 - 914 pages
...provision of section 4229 * that " 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 instru' ment was defective, the burden is on the holder to prove that he, or some person under whom... | |
 | Abraham Clark Freeman - 1910 - 1238 pages
...Holder in Due Coarse. — Want of Con slderation is not a defect in title within the statutory rule that when it is shown that the title of any person who has negotiated an instrument was defective, the burden is on the holder to show that he acquired the paper in due... | |
 | Joseph Doddridge Brannan - 1911 - 372 pages
...case, supra, sec. 49. SEC. 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...defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as holder in due course.47 (a) But the last-mentioned... | |
 | 1911 - 1166 pages
..."Every holder Is deemed prima facie to be a holder in due course; but when it is shown that the tille 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 title as holder iii due course. * * * " Our inquiry,... | |
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