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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 ... - Page 1771
by United States - 1901 - 2037 pages
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Acts of the Parliament of South Australia

South Australia - 1884 - 330 pages
...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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Roscoe's Digest of the Law of Evidence on the Trial of Actions ..., Volumes 1-2

Henry Roscoe - 1884 - 834 pages
...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 Student's Statutes: Being the Principal Provisions of Some ..., Volume 424

John Frederick Haynes - 1884 - 736 pages
...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 Handy Book on the Law of Bills, Cheques, Notes and IOU's

James Walter Smith - 1884 - 164 pages
...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 Selection of Leading Cases on Mercantile and Maritime Law: With Notes

Owen Davies Tudor - 1884 - 1250 pages
...as amount to a fraud. Sub-s. 2. 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 Northeastern Reporter, Volume 91

1910 - 1190 pages
...themselves, and may enforce payment for the full amount against all parties "liable thereon, and that a holder who derives his title through a holder in...the instrument, has all the rights of such former owner in respect to all parties prior to the latter. In an action on a draft brought by plaintiffs...
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The Theory and Practice of Banking, Volume 2

Henry Dunning Macleod - 1886 - 722 pages
...circumstances as amount to a fraud 8. 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 Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 pages
...other than a holder in due course a negotiable instrument is subject to the same defences as if it were non-negotiable. But a holder who derives his title...holder in respect of all parties prior to the latter. 8 59. WHO DEEMED HOLDER IN DUE COURSE. — Every holder is deemed prima facic to be a holder in due...
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The Southern Reporter, Volume 76

1918 - 1036 pages
...plaintiff, that: "A holder who derives his title through a holder in due coursr, and who is not himself n party to any fraud or illegality affecting the instrument, has all the rights of such latter." [4] It was clear upon the evidence, and without contradiction, that the Hanover National Bank,...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 pages
...than a holder in due course, a negotiable instrument is subject to the same defences .as if it were non-negotiable. But a holder who derives his title...holder in respect of all parties prior to the latter. 78. Every holder is deemed prima facie to be a holder in due course ; but when it is shown that the...
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