52-502.
History: L. 1905, ch. 310, § 59; R.S. 1923, 52-502; Repealed, L. 1965, ch. 564, § 416; January 1, 1966.
CASE ANNOTATIONS
1. Notes and mortgage; default in one note, maturity of others. McMillan v. Gardner, 88 Kan. 279, 283, 128 P. 391.
2. Holder in due course must become holder before instrument overdue. McMillan v. Gardner, 88 Kan. 279, 283, 128 P. 391; Doty v. Garfield Township, 89 Kan. 719, 725, 133 P. 172; Bank v. Claypool, 91 Kan. 248, 253, 137 P. 949; Ireland v. Shore, 91 Kan. 326, 330, 137 P. 926; Bank v. Robinson, 93 Kan. 464, 470, 144 P. 1019.
3. Proof of facts to constitute person holder in due course. Ireland v. Shore, 91 Kan. 326, 330, 137 P. 926.
4. Recitals on back of note do not impair its negotiability. Farnsworth v. Burdick, 94 Kan. 749, 752, 147 P. 863.
5. Holder in due course must hold the note by endorsement. Bank v. Vaughn, 96 Kan. 402, 406, 151 P. 1118.
6. Endorsed without consideration; endorsee not holder in due course. Bank v. Bank, 100 Kan. 194, 197, 164 P. 137.
7. Omission of endorsement on copy of note; amendment of petition. Stevens v. Vermillion, 102 Kan. 408, 409, 170 P. 807.
8. Holder in due course; setoff and counterclaim cannot reduce judgment. Stevens v. Keegan, 103 Kan. 79, 82, 172 P. 1025.
9. Note procured by fraud; endorsee "holder in due course"; when. Gigoux v. Moore, 105 Kan. 361, 365, 184 P. 637.
10. Breach of warranty; endorsee holder in due course. Thresher Co. v. West, 108 Kan. 875, 877, 196 P. 1061.
11. Not bearing internal revenue stamp, transferee holder in due course. Bank v. Birch, 111 Kan. 283, 284, 207 P. 191.
12. Debenture bonds unlawfully taken and sold; holder in due course. Brown v. Farm Mortgage Co., 112 Kan. 192, 195, 210 P. 658.
13. Endorsement "without recourse" no notice of defect in transferrer's title. Trust Co. v. Trust Co., 113 Kan. 311, 314, 214 P. 610.
14. Findings enumerated show plaintiff holder in due course. Noon v. Withington, 113 Kan. 367, 368, 214 P. 107.
15. Bank not holder in due course of note procured by officer's fraud. Ladd v. Read, 114 Kan. 175, 217 P. 273.
16. Endorsement set out sufficient to constitute purchaser holder in due course. State Bank v. Rummel, 114 Kan. 597, 220 P. 255.
17. Plaintiff must prove himself holder in due course; proof insufficient. Consolidated Motors Co. v. Urschel, 115 Kan. 147, 148, 222 P. 745.
18. Requirement of acquirement before maturity not affected by amendment to K.S.A. 52-205. Wulfekuhler State Bank v. Wible, 121 Kan. 66, 68, 245 P. 1067.
19. Parol evidence admissible against original parties admissible against purchaser after maturity. Wilhoit v. Seavall, 121 Kan. 239, 246, 246 P. 1013.
20. Wholesaler prescribing acts of retailer in accepting notes not holder in due course. International Harvester Co. v. Watkins, 127 Kan. 50, 272 P. 139.
21. Holder in due course may recover on note of incompetent person. First National Bank v. Kallash, 135 Kan. 73, 74, 9 P.2d 670.
22. Cited in considering liability of party endorsing without recourse. McNaghten Loan Co. v. Sandifer, 137 Kan. 353, 359, 20 P.2d 523. Criticized: Atlas Acceptance Corp. v. Davidson Bros., 139 Kan. 118, 122, 30 P.2d 304.
23. Cited in considering liability of party endorsing in blank after maturity. Amthauer v. Johnson, 138 Kan. 729, 27 P.2d 241.
24. Drawer is not a holder in due course. Railroad Building Loan v. Bankers Mtg. Co., 142 Kan. 564, 569, 51 P.2d 61.
25. Addition of words to special endorsement; endorsee held holder in due course. Bowers v. American Bonding Co., 144 Kan. 332, 334, 58 P.2d 1127.
26. Assignment after maturity; defense of accommodation against assignor available against assignee. Barnhill v. Ow, 145 Kan. 696, 707, 67 P.2d 546.
27. Holder acquiring note from insurance company taken illegally for premium; knowledge; defense. Fidelity Savings State Bank v. Grimes, 156 Kan. 55, 59, 131 P.2d 894.
28. Question whether plaintiff holder in due course held question for jury. Kerby v. Bott, 160 Kan. 566, 568, 164 P.2d 84.
29. Construed and applied in action to recover on promissory note; instructions proper. Kerby v. Hiestermann, 165 Kan. 522, 523, 196 P.2d 169.
30. Presentation to drawee for payment not negotiation; status of paying drawee. Kansas Bankers Surety Co. v. Ford County State Bank, 184 Kan. 529, 534, 535, 338 P.2d 309.
31. Where maker shows fraud, holder must prove lack of notice. First Nat'l Bank & Trust Co. of Muskogee v. Heilman, 62 F.2d 157, 159.
32. Assignment after maturity; defenses against payee held available against assignee. Alexander v. Young, 65 F.2d 752, 758.