 Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise.  Atlantic Reporter - Sida 2091913Obegränsad förhandsgranskning - Om den här boken
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1919 - 688 sidor
...question our statute, Comp. Laws 1907, section 1580, provides : ' ' Absence or failure of consideration is matter of defense as against any person not a holder in due course, and partial failure of consideration is a defense pro tanto whether the failure is an ascertained and liquidated... | |
 | 1922 - 1138 sidor
...ute (section 1732, RC 1919; section 28 Un. | Neg. Inst. Act), which reads as follows: ' "Absence or failure of consideration is a matter of defense as...against any person not a holder in due course, and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | 1910 - 450 sidor
...Section 28 of the Act of May 16, 1901, PL 194, declares that " absence or failure of consideration is matter of defense as against any person not a holder in due course, and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | 1920 - 956 sidor
...the failure Is an ascertained and liquidated amount or otherwise." By statute such a failure Is made a matter of defense as against any person not a holder In due course, 'and the burden of proof thereof Is upon the defendant, who must set It up In his answer In case he wishes... | |
 | 1910 - 1132 sidor
...Gen. Laws 1904 (Negotiable Instrument Act) it is provided that absence or failure of consideration is matter of defense as against any person not a holder in due course, and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | 1915 - 1320 sidor
...inquiry we are still aided by the Negotiable Instrument Law. It provides (section 9999): "Absence or failure of consideration is a matter of defense as...against any person not a holder in due course ; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained or liquidated... | |
 | Maryland - 1898 - 700 sidor
...is deemed a holder for value to the extent of his lien. 47. Absence or failure of consideration is matter of defense as against any person not a holder in due course ; and partial failure of consideration is a defense pro tanto, whether the fail.ure is an ascertained and... | |
 | William John Tossell - 1918 - 744 sidor
...changed by the Negotiable Instruments act, Sec. 8133 GC : ' ' Absence or failure of consideration is matter of defense as against any person not a holder in due course and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1164 sidor
...deemed a holder for value to the extent of his lien. Sec. 35. Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto whether the failure is an ascertained and liquidated... | |
 | Florida - 1897 - 426 sidor
...indorsements. Special indorsement. Indorsement in blank. SEC. 28. Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto whether the failure is an ascertained and liquidated... | |
| |
