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" ... antecedent parties, of which he has no notice, only where he receives it in the usual course of trade and business for a., valuable consideration, before it becomes due, we are prepared to say that receiving it in payment of or as security for a pre-existing... "
Reports of Cases in Law and Equity, Argued and Determined in the Supreme ... - Σελίδα 105
των Georgia. Supreme Court - 1847
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Τόμος 4

United States. Supreme Court - 1847 - 844 σελίδες
...limitation ; for example, at page 20, it is said, — " We are prepared to say that receiving a note in payment of, or as security for, a preexisting debt...to the known usual course of trade and business." This certainly cannot be intended to mean that if the note is received, not in payment, not in pursuance...

Commentaries on the Law of Promissory Notes, and Guaranties of Notes, and ...

Joseph Story - 1851 - 794 σελίδες
...unaffected with the equities between the antecedent parties, of which he has no notice, only where he receives it, in the usual course of trade and business, for a valuable consideration, before it becomes doe: we are prepared to say, that receiving it in payment of, or as security for, a preexisting debt,...

A Treatise of the Law of Bills of Exchange: Promissory Notes, Bank-notes ...

John Barnard Byles - 1853 - 664 σελίδες
...the United States, however, have gone the full length of holding, that receiving a note in payment or as security for a pre-existing debt is according to the known usual course of business, and entitles the taker to all the rights and benefits of a holder bona fide and for valuable...

Reports of Cases Argued and Adjudged in the Superior Court of ..., Τόμος 1

Robert D. Handy, John H. Handy - 1855 - 638 σελίδες
..."receiving a negotiable note in payment of, or as seMessick & Co. vs. Roxborough & \Vilcox. curity for a pre-existing debt, is according to the known usual course of trade and business, and the assignee is a bona fide holder for value." This opinion was pronounced in 1842, and was so thoroughly...

Reports of Cases at Law and in Chancery Argued and Determined in ..., Τόμος 36

Illinois. Supreme Court - 1867 - 632 σελίδες
...And farther on, the court remark : " We are prepared to say that receiving it " (a negotiable note) " in payment of, or as security for, a preexisting debt, is according to the known and usual course of trade and business." In the later editions of his Commentaries, Chancellor KENT,...

Reports of Decisions in the Supreme Court of the United States ..., Τόμος 14

United States. Supreme Court, Benjamin Robbins Curtis - 1864 - 696 σελίδες
...unaffected with the equities between the antecedent parties, of which he has no notice, only where he receives it in the usual course of trade "and business...preexisting debt, * is according to the known usual course [ * 20 ] of trade and business. And why upon principle should not a preexisting debt be deemed such...

Albany Law Journal, Τόμος 22

1880 - 554 σελίδες
...instrument is unaffected with the equities between antecedent parties, of which he has no notice, only where he receives it in the usual course of trade and business for a valuable consideration, before it becomes duo; we are prepared to say that receiving it in payment of, or as security for u pre-existing debt,...

American Leading Cases: Being Select Decisions of American Courts ..., Τόμος 1

John Innes Clark Hare - 1871 - 952 σελίδες
...notice, only where he receives it in the usual course of trade and business fora valuable consideraton, before it becomes due ; we are prepared to say, that receiving it in payment of, or as security for pre-existing debt, is according to the known usual course of trade and business. And why upon principle...

Reports of Cases Argued and Determined in the Supreme Court of ..., Τόμος 26

Louisiana. Supreme Court - 1874 - 980 σελίδες
...unaffected with the equities between the antecedent parties, of which he has no notice, only where he receives it in the usual course of trade and business...for a pre-existing debt, is according to the known and usual course of trade and business. And why upon principle should not a pre-exist2 GioTimovich...

A Treatise of the Law of Bills of Exchange, Promissory Notes, Bank-notes and ...

Sir John Barnard Byles - 1874 - 860 σελίδες
...the United Stales, however, have gone the full length of holding, that receiving a note in payment or as security for a pre-existing debt is according to the known usu;il course of business, and entitles the taker to all the rights and benefits of a holder bona fide...




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