 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 nonnegotiable. But a holder who derives his title through a holder in due course...  The Negotiable Instruments Law - Page 81by Robert Emmet Bunker, Michigan - 1905 - 299 pagesFull view - About this book
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...the English term " duress." (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... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 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... | |
 | Great Britain - 1882 - 574 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... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 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... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...amount to a fraud (h). (3.) A holder (i) (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... | |
 | Oscar Borchardt - Banking law - 1883 - 392 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... | |
 | Law reports, digests, etc - 1918 - 1210 pages
...in due course, a negotiable instrument is subject to the same defenses as If It were nonnegotiable; but a holder who derives his title through a holder...former holder in respect of all parties prior to the latter." It being shown that the plaintiff was the holder of the note in question, the court charged... | |
 | Law reports, digests, etc - 1911 - 1168 pages
...course, a negotiable instrument is subject to the same defenses as if it were nonnegotiable. But a bolder who derives his title through a holder in due course,...former holder in respect of all parties prior to the latter." This section is only a statutory enactment of a rule theretofore announced by the courts.... | |
 | Law reports, digests, etc - 1921 - 1150 pages
...in due course, a negotiable instrument is subject to the same defenses as if it were nonnegotiable. But a holder who derives his title through a holder...any fraud or illegality affecting the instrument, bas all the rights of such former holder in respect of all parties prior to the latter. 4. Bills and... | |
 | James Walter Smith - Catalogs, Publishers' - 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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