Overdue paper
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 39 U.S. 318 - Samuel Fowler v. Harris Brantly · 1840Most cited · 29 citing opinions
notice of equities
A note over-due, or bill dishonoured, is a circumstance of suspicion, to put those dealing for it afterwards on their guard; and in whose hands it is open for the same defences it was in the hands of the holder when it fell due. After maturity, such paper cannot be negotiable 'in the due course of trade;' although still assignable.
How often courts cite the case defining “Overdue paper”
Court decisions citing the opinion that defined “Overdue paper” — 29 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.