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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... "
Laws of the State of New York - Page 719
by New York (State) - 1897
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Wisconsin Session Laws: 1899

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...
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A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-notes and ...

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...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., Volume 3

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...
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The Law of Bills, Notes, and Cheques

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...
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Supplement to the Revised Statutes of the United States ..., Volume 2, Part 2

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...
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One Thousand Questions and Answers in Business Law: A Plain, Practical and ...

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...
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Laws enacted in the general assembly of the commonwealth

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...
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Report of the Commissioners for Consolidating and Arranging the ..., Parts 1-74

Massachusetts. Commissioners for consolidating and arranging the public statutes - Law - 1901
...is subject to the same defences 2 as if it were non-negotiable. But a holder who derives his title 3 through a holder in due course, and who is not himself a party to 4 any fraud or illegality affecting the instrument, has all the rights of 5 such former holder in respect...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

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...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

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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