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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... "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Page 1771
by United States - 1901 - 2037 pages
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North Carolina Reports: Cases Argued and Determined in the ..., Volume 143

North Carolina. Supreme Court - 1907 - 888 pages
...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...prior to the acquisition of such defective title." The evidence and the verdict on the first issue established that the title of defendant Summers, who...
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Laws

Illinois - 1907 - 644 pages
...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...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 to...
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Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - 1907 - 1252 pages
...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...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 to...
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Acts of the Legislature of West Virginia

West Virginia - 1907 - 710 pages
...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...acquired the title as a holder in due course; but the last mentioned rule does not apply in favor of the party who became bound on the instrument prior to...
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Wisconsin Reports, Volume 130

Wisconsin. Supreme Court - 1907 - 806 pages
...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...claims acquired the title as a holder in due course." Counsel for appellants freely concede that the mere crediting of the consideration agreed upon, to...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 130

Wisconsin. Supreme Court, Abram Daniel Smith, Philip Loring Spooner, Obadiah Milton Conover, Frederic King Conover, Frederick William Arthur, Frederick C. Seibold - 1907 - 806 pages
...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...claims acquired the title as a holder in due course." Counsel for appellants freely concede that the mere crediting of the consideration agreed upon, to...
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The Northwestern Reporter, Volume 110

1907 - 1282 pages
...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...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...
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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 pages
...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...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...
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Acts of the General Assembly of the State of Alabama

Alabama - 1907 - 1034 pages
...of under whom he claims acquired the title as a proof, holder in due course. But the last mentioned rule does not apply in favor of a party who became...prior to the acquisition of such defective title. Section 60. The maker of a negotiable instrument by making it engages that he will pay ittoply.e"gage8...
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The New York Supplement, Volume 104

1907 - 1262 pages
...due course ; but when It Is shown that the 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 title as a holder In due course. Held that, where defendant alleged that the note sued on was given...
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