...prima facie to be a holder la due course, and that, when it is shown that the title of the negotiator was defective, the burden is on the holder to prove that he or some person under whom he claimed has acquired title as a holder in due course. Held, in an action by an indorsee of a note before...

...course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title through a holder in due...to be a holder in due course; but when it is shown thau the title of any person who has negotiated the instrument was defective, the burden is on the...

...1604, Compiled Laws of 1907, "a holder in due course ' ' is defined. Section 1611 provides that : ' ' Every holder is deemed prima facie to be a holder...some person under whom he claims acquired the title in due course." By section 1607 it is provided that "The title of a person who negotiates an instrument...

...Compiled Laws of 1907, "a holder in due course ' ' is defined. Section 1611 provides that : ' ' Even,- holder is deemed prima facie to be a holder in due...some person under whom he claims acquired the title in due course." By section 1607 it is provided that "The title of a person who negotiates an instrument...

...negotiable instrument act. Section 59 (Russell's 6t I 1928), provides: "Every holder Is deemed prima facie a holder in due course; but when it Is shown that...whom he claims, acquired the title as a holder in flue course." The bank here obtained the title to the paper from the Boice & Grogan Lumber Company,...

...negotiable instruments act (Sess. Laws 1905, p. 243 [Ann. St. 1906, | 4C3— 59]) provides: "Sec. 59. Every holder is deemed prima facie to be a holder...the burden is on the holder to prove that he or some other person under whom he claims acquired the title as holder iu due course." A "holder in due course"...

...reference to the subject in hand. It was such in respect to the provision of section 4229 * that " every holder is deemed prima facie to be a holder...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...

...providing that when it is shown that the title of any person who has negotiated an instrument »as defective, the burden is on the holder to prove that he or some person under whom he <~!aims was a holder in due course, and section ~u. donning a "holder in due course" as one who took...

...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...

...BILLS AND NOTES — Presumption of Bona Fide Ownership. — Every holder of a negotiable instrument is deemed prima facie to be a holder in due course....whom he claims acquired the title as a holder in due cpurse. (p. 280.) BILLS AND NOTES — Title Acquired by Fraud. — The Possession of a negotiable instrument...