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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... "
Reports of Cases Decided in the Supreme Court of the State of North Dakota - Σελίδα 586
των North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - 1916
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 σελίδες
...prior to the latter. 8 59. WHO DEEMED HOLDER IN DUE COURSE. — Every holder is deemed prima facic to be a holder in due course, but when it is shown...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 rule...

The South Western Reporter, Τόμος 125

1910 - 1384 σελίδες
...403—59]) § 59. providing 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 prove that he or some person under whom he claims was a holder in due course, and section f»2. defining a "holder in due...

The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 σελίδες
...instrument, has all the rights of such former holder in respect of all parties prior to the latter. 78. Every holder is deemed prima facie to be a holder...negotiated the instrument was defective, the burden ia on the holder to prove that he or some person under whom he claims, acquired the title as a holder...

Lackawanna Jurist, Τόμος 12

1912 - 440 σελίδες
...essential averment of pleading, because the 5gth section of the act of 1901, PL 194, provides that "every holder is deemed, prima facie, to be a holder in due course." The same section further provides that "when it is shown that the title of any person who has negotiated...

Laws of the State of New York, Τόμος 2

New York (State) - 1897 - 996 σελίδες
...former holder in respect of all parties prior to the latter. § 98. Who deemed holder in due course. — Every holder is deemed prima facie to be a holder...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 rule...

Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 σελίδες
...instrument, has all the rights of such former holder in respect of all parties prior to the latter. Sec. 59. Every holder is deemed prima facie to be a holder...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 rule...

Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 394 σελίδες
...former holder in respect of all parties prior to the latter. Sec. 59. Every holder is deemed priina facie to be a holder in due course; but when it is...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 rule...

Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 σελίδες
...former holder in respect of all parties prior to the latter. Sec. 66. Every holder is deemed i<rlma facie to be a holder in due course; but when it is...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 rule...

Acts and Laws of the State of Connecticut

Connecticut - 1897 - 286 σελίδες
...former holder in respect of all parties prior to the latter. SEC. 59. Every holder is deemed prim a Jade to be a holder in due course; but when it is shown...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 lastmentioned rule...

The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1898 - 736 σελίδες
...Exchange Act, g 29, subsec. (3). Cases, pp. 417-419. 8 98. Who deemed holder in due course. [§ 59] Every holder is deemed prima facie, to be a holder...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, (a) But the last mentioned...




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