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" In the hands of any holder other than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title through a holder in due course, and who is not himself a party to any... "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Sida 1771
efter United States - 1901 - 2037 sidor
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1902 - 220 sidor
...due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable (a). But a holder who derives his title through a holder...holder in respect of all parties prior to the latter (&). (a) It was not deemed expedient to make provision as to what equities the transferee will be subject...
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Acts of the State of Ohio, Volym 95

Ohio - 1902 - 1050 sidor
...than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title...such former holder in respect of all parties prior to tne latter. Sec. 3 1 73^. [Who deemed holder in crue course.] Every holder is deemed prima facie to...
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Acts of the State of Ohio, Volym 95

Ohio - 1902 - 1048 sidor
...defenses as if it were non-negotiable. But a holder who derives his title through a holder in clue course, and who is not himself a party to any fraud...all the rights of such former holder in respect of ail parties prior to the latter. Sec. 3173^. [Who deemed holder in due course.] Every holder is deemed...
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The Law Relating to Cheques

Eric Russell Watson - 1902 - 182 sidor
...345, at pp. 348, 349.) 44. — A holder (whether for value or not) who derives his title to a cheque through a holder in due course, and who is not himself a party to any fraud or illegality affecting it, has all the rights of a holder in due course as regards all parties to the cheque prior to that...
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The Scots Statutes Revised ...: The Public General Statutes Affecting ...

Scotland - 1900 - 594 sidor
...circumstances as amount to a fraud. (3.) A holder (whether for value or not), who derives his title to a bill through a holder in due course, and who is not himself a party to any fraud or illegality affecting it, has all the rights of that holder in due course as regards the acceptor and all parties to the...
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A Treatise on the Law of Negotiable Instruments, Volym 2

John Warwick Daniel, Charles Alexander Douglass - 1903 - 1034 sidor
...than a holder in due course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But a holder who derives his title...holder in respect of all parties prior to the latter. § 98. Who deemed holder in due course. — Every holder is deemed prima facie to be a holder in due...
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General Laws of the State of Idaho ...

Idaho - 1903 - 494 sidor
...holder in due course, a negotiable instrument is subject to the same defenses as if it were negotiable. But a holder who derives his title through a holder...former holder in respect of all parties prior to the later. SEC. 59. Every holder is deemed prima facie to be a holder in due course; but when it is shown...
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 sidor
...circumstances as amount to a fraud. (3) A holder (whether for value or not), who derives his title to a bill through a holder in due course, and who is not himself a party to any fraud or illegality affecting it, has all the rights of that holder in due course as regards the acceptor and all parties to the...
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The Elements of Mercantile Law

Thomas Moffitt Stevens, Herbert Jacobs - 1903 - 536 sidor
...the payer a valid receipt (in). " A holder (whether for value or not) who derives his title to a bill through a holder in due course, and who is not himself a party to any fraud or illegality affecting it, has all the rights of that holder in due course as regards the acceptor and all parties to the...
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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - 1903 - 646 sidor
...» 3 B. & S. (Eng.) 84 (1862). " Ibid.; p. 92. •«Chal. Dig. (Ener.) B.of E. Act (5th Ed.), p. 86. a holder in due course, and who is not himself a party to any fraud or illegality affecting it, has all the rights of that holder in due course in respect of all parties to the instrument prior...
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