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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 715
by New York (State) - 1897
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Journal of the Institute of Bankers, Volume 3

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...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

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...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

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...
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Statutes at Large ...

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...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

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...
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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

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...
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The Pacific Reporter, Volume 170

Law reports, digests, etc - 1918 - 1210 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." It being shown that the plaintiff was the holder of the note in question, the court charged the Jury...
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The Pacific Reporter, Volume 114

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,...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. It is recognized...
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The Pacific Reporter, Volume 193

Law reports, digests, etc - 1921 - 1150 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...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...
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The Student's Statutes: Being the Principal Provisions of Some ..., Volume 424

John Frederick Haynes - English law - 1884 - 736 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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