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The holder of a bill of exchange, promissory note, or check is the person who has legally acquired the possession of the same, from a person capable of transferring it, by indorsement or delivery, and who is entitled to receive payment of the instrument from the party or parties liable to meet it. Bowling v. Harrison, 6 How. 258, 12 L. Ed. 425; Crocker-Wool worth Nat. Bank v. … [Read more...] about HOLDER

In Spanish law. A holograph. An instrument (particularly a will) wholly in the handwriting of the person executing it; or which, to be valid, must be so written by his own hand. … [Read more...] about HOLOGRAFO

A party that obtains or purchases an instrument with knowledge of a defect or wrongful act which brings about the purchase of the instrument. … [Read more...] about HOLDER IN BAD FAITH

A will or deed written entirely by the testator or grantor with his own hand. Estate of Billings, 64 Cal. 427, 1 Pac. 701; Harrison v. Weatherby, 180 111. 418, 54 N. B. 237. … [Read more...] about HOLOGRAPH

A person who holds a note with a promise to pay the holder (check or promissory note) that was received in good faith and in exchange for something of value (consideration) and who has no knowledge of any wrongdoing or claim against the instrument by a third party. When such occurs, the holder of that instrument is entitled to be paid by the maker of the instrument. This person … [Read more...] about HOLDER IN DUE COURSE