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... Laws of the State of New York - Page 719by New York (State) - 1897Full view - About this book
 | Wisconsin - Session laws - 1899
...negotiable £S™? d> Sm 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 fraud, duress or illegality affecting the instrument, has all the rights of such former holder in respect... | |
 | Walter John Barnard Byles - Negotiable instruments - 1899 - 582 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 duo course as regards the acceptor and all parties to tho... | |
 | Joseph Fitz Randolph - Commercial law - 1899 - 3048 pages
...circumstances as amount to a fraud. C?) 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... | |
 | Melville Madison Bigelow - Checks - 1900 - 349 pages
...course a negotiable instrument is subject to the same defences as if it were non-negotiable. But a holder who derives his title through a holder in due...former holder in respect of all parties prior to the lattev. § 66. Every holder is deemed prima facie to he a holder in due course ; but when it is shown... | |
 | United States - Law - 1901 - 2037 pages
...negotiable instrument is subject to the same defenses as if it were !^eeasnonnego '" nonnegotiable. But a holder who derives his title through a holder in due...holder in respect of all parties prior to the latter. SEC. 1363. WHAT PRESUMPTION WHEN TRANSFEREE'S TITLE SHOWN Who deemed DEFECTIVE. — Every holder is... | |
 | Commercial law - 1901 - 236 pages
...the rights of a holder in due course from whom he gets the instrument ? The New York law says : "A holder who derives his title through a holder in due...holder in respect of all parties prior to the latter." 221. When must a holder prove that he is a holder in due course? Every holder is prima facie considered... | |
 | 1901
...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...holder in respect of all parties prior to the latter. Burden of proot Section 59. Every holder is deemed, prima facie, to ?er?ivpl'"e '* d*~ be a holder... | |
 | District of Columbia - Law - 1902 - 386 pages
...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...holder in respect of all parties prior to the latter. Sec. 1363. WHAT PRESUMPTION WHEN TRANSFEREE'S TITLE SHOWN DEFECTIVE. — Every holder is deemed prima... | |
 | John Jay Crawford - Negotiable instruments - 1902 - 173 pages
...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 in due...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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