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" The holder of a negotiable instrument may sue thereon in his own name and payment to him in due course discharges the instrument. "
The Pacific Reporter - Page 394
1909
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 172

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1913 - 794 pages
...not impair the negotiable character of the instrument." The provisions of section 53 of this law are as follows : " The holder of a negotiable instrument...payment to him in due course discharges the instrument." (2 How. Stat. 2d Ed. § 2724.) The provisions of these sections are not inconsistent with each other,...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 205

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1920 - 808 pages
...section 6092, 2 Comp. Laws 1915, authorizes the suit in plaintiff's name. This section provides that: "The holder of a negotiable instrument may sue thereon...him in due course discharges the instrument." The bank was a holder for value of defendants' note to the extent of its lien. Section 6068, 2 Comp. Laws...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 pages
...was personally liable. ARTICLE IV. RIGHTS OF THE HOLDER. § 51. RIGHT OF HOLDER TO SUE; PAYMENT. — The holder of a negotiable instrument may sue thereon...payment to him in due course discharges the instrument. 2. That he became the holder of it before it was overdue and without notice that it had been previously...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 pages
...intervening party to whom he was personally liable. CHAPTER V— Rights of Holder. 70. The holder of negotiable instrument may sue thereon in his own name...payment to him in due course discharges the instrument. 71. A holder in due course is a holder who has taken the instrument under the following conditions...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 pages
...thereof against any intervening party to whom lie -,vas personally liable. RIGHTS OF THE HOLDER. Sec. 58. The holder of a negotiable instrument may sue thereon...payment to him in due course discharges the instrument. Sec. 59. A holder in due course is a holder who has taken the instrument under the following conditions:...
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Acts and Resolutions of the General Assembly of the State of Florida

Florida - 1897 - 426 pages
...ARTICLE IV. Rights of the Holder. SEC. 51. The holder of a negotiable instrument may sue fai°h?s B own y sue thereon in his own name; and payment to him in due course came. discharges the instrument. SEC. 52. A holder in due course is a holder who has taken the instrument...
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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 pages
...OF THE HOLDER. SECTION S1. The holder of a negotiable instrument Rights of ,, J . , . &, ,. holder. may sue thereon in his own name, and payment to him in due course discharges the instrument. SECTION 52. A holder in due course is a holder Holder in due who has taken the instrument under the...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

Joseph Fitz Randolph - 1899 - 1068 pages
...Original Defenses. 98. Who Deemed Holder in Due Course. Sec. 90 (51). Right of Holder to Sue; Payment. The holder of a negotiable instrument may sue thereon...payment to him in due course discharges the instrument., Sec. 91 (52). What Constitutes a Holder in Due Course. A holder in due course is a holder who has taken...
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 pages
...intervening party to whom he was personally liable. RIGHTS OF THE HOLDER. sue. Holder may SECTION 1676-21. The holder of a negotiable instrument may sue thereon...payment to him in due course discharges the instrument. NOTE— MAY SUE. The holder of an instrument as collateral (pledgee) may sue and collect the whole...
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Session Laws of the State of Washington

Washington (State) - 1899 - 476 pages
...any intervening party to whom he was personally liable. ARTICLE IV.— Rights of the Holder. SEC. 51. The holder of a negotiable instrument may sue thereon...payment to him in due course discharges the instrument. SEC. 52. A holder in due course is a holder who has taken the instrument under the following conditions:—...
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