Negotiable Instruments Law for Colorado, Connecticut, District of Columbia

Negotiable Instruments Law for Colorado, Connecticut, District of Columbia

By (author) 

List price: US$22.40

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1910 edition. Excerpt: ...is prima facie the owner and may sue thereon in his own name. The holder of a negotiable instrument is prima faeie the owner thereof and may sue thereon in his own name, and this though there are subsequent indorsements on the note,12 and this rule is especially true of the pa_vee.'3 So, also, the holder of a negotiable instrument for the purposes of collection may, -under this section, sue thereon in his own name, and payment to him in due course discharges the instrument and relieves the makers of it.'""" Born FIDE Ilonnnas. 167 A holder in due course is a holder who has taken the in strument under the following conditions: ' 1 That it is complete and regular upon its face; 2 That he became the holder of it before it was overdue, and without notice that it had been previously dishonored, if such was the fact; Where an indorsement bears date after the maturity of the instrument, every negotiation is deemed prima facie to have been effected before the instrument was overdue; Where an instrument payable on demand is negotiated an unreasonable length of time after its issue, the holder is not deemed a holder in due course; For the purpose of determining whether the transferee of an instrument payable to order and indorsed after transfer is a. holder in due course, the negotiation takes effect as of the time when the indorsement is actually made; That he took it in good faith; That he took it for value; Where value has at any time been given for the instrument, the holder is deemed a holder for value in respect to all parties who became such prior to that time; Every indorsement is deemed prima facie to have been based on a valuable consideration; Value is any consideration sufficient to support a simple...show more

Product details

  • Paperback | 102 pages
  • 189 x 246 x 5mm | 195g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236838440
  • 9781236838445