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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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Acts of the General Assembly of the State of Alabama

Alabama - Law - 1907
...defenses as if it were*l"i holder ln ,. r, ,•, uU i_ j • i-- due course, non-negotiable. But a holder who derives his title through a holder in due...holder in respect of all parties prior to the latter. Section 59. Every holder is deemed prima facie to be a holder in due course; but when it is shown that...
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Laws

Illinois - Law - 1907
...course, a negotiable^ instrument is subject to the same defenses as if it were non-negotiable. But the holder who derives his title through a holder in due...course, and who is not himself a party to any fraud or duress or illegality affecting the instrument, has all the rights of such former holder in respect...
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The Revised Statutes of Canada, 1906: Proclaimed and Published Under the ...

Canada - Law - 1907
...fraud. 53 V., c. 33, s. 29. 57. 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 Canadian Law of Banks and Banking: The Clearing House, Currency and ...

John Delatre Falconbridge - Banking law - 1907 - 694 pages
...party thereto for value (sec. 58). 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 a holder in due course as regards the acceptor and all parties to the bill...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Electronic books - 1908 - 206 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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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 212 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...
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Reports of Cases Adjudged in the Court of Appeals of the District ..., Volume 21

District of Columbia. Court of Appeals - Law reports, digests, etc - 1908
...be accepted as facts simply because the defendant so states them. 3. A holder of a promissory note who derives his title through a holder in due course,...holder in respect of all parties prior to the latter; and every holder is deemed prima facie to be a holder in due course until the contrary is shown; construing...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - Bills of exchange - 1908 - 250 pages
...negotiable instrument is subject to the same defences as if it were non.negotiable. 1 But a holder 2 who derives his title through a holder in due course,...holder in respect of all parties prior ,to the latter. Sec. 59: Every holder is deemed prima facie to be a holder in due course; but when it is shown that...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908
...course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But the holder who derives his title through a holder in due...course, and who is not himself a party to any fraud or duress or illegality affecting the instrument, has all the rights of such former holder in respect...
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Popular Law Library, Putney...

Albert Hutchinson Putney - Law - 1908
...course, a negotiable instrument is subject to the same defenses as if it were non-negotiable. But the holder who derives his title through a holder in due...course, and who is not himself a party to any fraud or duress or illegality affecting the instrument, has all the rights of such former holder in respect...
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