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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... "
A Digest of the Law of Bills of Exchange, Promissory Notes, Cheques, and ... - Page 92
by Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1896 - 434 pages
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The Canadian Law Times, Volume 28

Law - 1908 - 1082 pages
...a holder in due course, and having been himself a party to no fraud or illegality affecting it, had all the rights of that holder in due course as regards the maker and all parties to the bill prior to that holder.' " In appeal,12 the judgment of the Court of...
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A Selection of Leading Cases on Mercantile and Maritime Law: With Notes

Owen Davies Tudor - Commercial law - 1884 - 1250 pages
...or under such circumstances 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...as regards the acceptor and all parties to the bill previous to that holder. Sub-s. 3. Under the same Act (45 & 46 Viet. c. 61, s. 30) the presumption...
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The Pacific Reporter, Volume 114

Law reports, digests, etc - 1911 - 1168 pages
...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, and who is not himself a party to any fraud or illegality affecting the instrument has all the rights of such former holder in respect of all parties prior to the latter."...
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The Northeastern Reporter, Volume 91

Law reports, digests, etc - 1910 - 1190 pages
...payment for the full amount against all parties "liable thereon, and that a holder who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former owner in respect to all parties prior to the latter....
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - Law - 1899 - 724 pages
...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 course and who is not himself a party to any fraud or illegality affecting the instrument has all the rights of such former holder in respect of all parties prior to the latter....
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The New York Supplement, Volume 98

Law reports, digests, etc - 1906 - 1408 pages
...1897, p. 732, c. 612, § 97, providing that a holder of a negotiable instrument who derives his title through a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has nil the rights of such former holder In respect to parties prior to the latter,...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - Law - 1898 - 700 pages
...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 course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter....
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The New York Supplement, Volume 87

Law reports, digests, etc - 1904 - 1262 pages
...subject to the same defenses as if It were nonnegotiable, but that the holder who derives his title from a holder in due course, and who is not himself a party to any fraud or illegality affecting the instrument, has all the rights of such former holder in respect of all parties prior to the latter....
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The Bills of Exchange Act 1890: Fully and Copiously Indexed So as to be of ...

John Augustus Barron - Bills of exchange - 1890 - 152 pages
...amount to a fraud : t 8. A holder, whether for value or not, who derives his holder. title fo a yll through a holder in due course, and who is not himself...any fraud or illegality affecting it, has all the righti of that holder in due course as regards the acceptor and all parties to the bill prior to that...
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The Bills of Exchange Act, 1890: Being a Codification of the Law-merchant ...

Thomas Hodgins - Banking law - 1890 - 336 pages
...circumstances as amount to a fraud : 6 3. A holder, whether for value or not, who derives his Tiiieofhoidtitle to a bill through a holder in due course, and who is holder" due not himself a party to any fraud or illegality affecting it, has all the rights of that...
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