Beruflich Dokumente
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In
what transpired during the transactions involving the check, evidence and facts show that there was any participation or intervention
on the part of petitioner. What the record shows is that only after the check was deposited and dishonored, petitioner came
into possession of it in some way and was able to give it in evidence at the trial of the civil case it has instituted against the drawers of
the check.
Moulic cannot set up the defense that there was failure or want of consideration. It can only
invoke the defense if State was a privy to the purpose for which they were issued and therefore is not a holder in due
course. Furthermore, the mere fact that the checks were issued as security is not sufficient ground to discharge the instrument
as against a holder in due course. And also, Moulic was responsible for the dishonor of her checks.
funds from her account and could not have expected her checks to be honored by then.