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Irvington Trust Co. v. Maurer

Irvington Trust Company, Respondent, v. Asher Maurer, Appellant

Irvington Trust Co. v. Maurer, 156 A. 428 (N.J. 1931)
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Court
Supreme Court of New Jersey · State Highest Courts
Decided
October 19, 1931
Judges
PER CURIAM.
Citations
156 A. 428108 N.J.L. 4041931 N.J. LEXIS 276

Opinion of the Court — Per Curiam

Per Curiam.

We conclude that the judgment should be affirmed, and with the exception of one point, for the reasons given in the per curiam opinion of the Supreme Court, ubi supra.

The exception is this: The Supreme Court seems to have treated the question of the plaintiff being a holder of the note in due course as one of presumption, and that the burden of proving the contrary was on the defendant. See 8 N. J.

*405 Mis. R.

567. But this appears to overlook the exception in section 59 of the Negotiable Instruments act (Comp. Stat., pp.

3741, 3742), that “when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.” See De Jonge & Co.

v. Woodport Hotel and Land Co., 77

N. J. L.

233. However, our examination of the case satisfies us that the plaintiff fully sustained this burden, even for purposes oí a summary judgment over answer, and the judgment under review will accordingly be affirmed.

For affirmance — Trenchard, Parker, Lloyd, Case, Bodine, Daly, Donges, Van Buskirk, Kays, Hetfield, Dear, Wells, JJ. 12.

For reversal — None.

How later courts describe this case

No later court has written an explanatory parenthetical about this case yet.

1957: 119572026peak 1957 · 1

Relies on it most ⓘ

  1. Budget Corp. of America v. DeFelice135 A.2d 31 (N.J. Super. Ct. App. Div. 1957)

Most recent

  1. Budget Corp. of America v. DeFelice135 A.2d 31 (N.J. Super. Ct. App. Div. 1957)

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