...previously dishonored, if such was the fact. Third. That he took it in good faith and for value. Fourth. That at the time it was negotiated to him he had no...defect in the title of the person negotiating it. Sec. 1357. Where an instrument payable on demand is negotiated an unreasonable length of time after...

...been previously dishonored, if such was the fact; (C) That he took it in good faith and for value; (D) That at the time it was negotiated to him he had no notice of any infirmity in the instrument of the person negotiating it. (Italics supplied) In view of the foregoing provisions of the Negotiable...

...knew him to be only an accommodation party. Section 91 defines a holder in due course to be a person who has taken the instrument under the following conditions:...defect in the title of the person negotiating it." Section 94 defines when the title is defective in the person who has negotiated the instrument as follows...

...without notice that it had been previously dishonored. Apr. 1902.] Opinion of the Court — FULLERTON, J. if such was the fact; (3) that he took it in good...defect in the title of the person negotiating it." The act further provides (Id. § 56) that, "to constitute notice of an infirmity in the instrument...

...of it before it was overdue, and without notice that it had been previously dishonored, if such were the fact; 3. That he took it in good faith and for...defect in the title of the person negotiating it. § 92. When person not deemed holder in due course. — Where an instrument payable on demand is negotiated...

...before it was overdue, and without notice that it had been previously dishonored, if such were the fact; 4. That at the time it was negotiated to him he had...defect in the title of the person negotiating it. [See ante, p. 359.l < 92. When person not deemed holder in due course.— Where an instrument payable...

...previously dishonored, if such was the fact. Third. That he took it in good faith and for value. Fourth. That at the time it was negotiated to him he had no...defect in the title of the person negotiating it. SEC. 53. Where an instrument payable on demand is negotiated an unreasonable length of time after its...

...previously dishonored, if such were the fact; third, that he took it in good faith and for value; fourth, that at the time it was negotiated to him he had no...defect in the title of the person negotiating it. (Southwest National Bank v. Baker, 428.) 4. A holder in due course holds the instrument free from any...

...dishonored; that it took the note in good faith and for value ; that at the time the note was negotiated it had no notice of any infirmity in the instrument or...defect in the title of the person negotiating it. This note was paid for by the bank by cashier's checks in the usual course of business, free, in our...

...previously dishonored, if such was the fact ; 3d, that he took it in good faith and for value ; 4th, that at the time it was negotiated to him he had no notice of any BILLS AND NOTES (Continued). infirmity in the instrument or defect in the title of the person negotiating...