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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... "
Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61) - Page 77
by W. D. Thorburn - 1882 - 283 pages
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The Civil Code of Lower Canada and the Bills of Exchange Act, 1890: With All ...

Québec (Province). - Bills of exchange - 1903 - 964 pages
...he negotiates it in breach of faith, or under such circumstances as amount to a fraud : 3. A holder, whether for value or not, who derives his title to...himself a party to any fraud or illegality affecting if, has all the rights of that holder in due course as regards the acceptor and all parties to the...
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Principles of Law: Commercial Paper; Banks and Banking; Partnership ...

International Correspondence Schools - Banks and banking - 1903 - 646 pages
...» 3 B. & S. (Eng.) 84 (1862). " Ibid.; p. 92. •«Chal. Dig. (Ener.) B.of E. Act (5th Ed.), p. 86. a holder in due course, and who is not himself a party...it, has all the rights of that holder in due course in respect of all parties to the instrument prior to that holder." Thus, a partner in a firm fraudulently...
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General Laws of the State of Idaho ...

Idaho - Electronic journals - 1903 - 494 pages
...instrument is subject to the same defenses as if it were 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 later....
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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...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 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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Encyclopædia of Accounting, Volume 1

George Lisle - Accounting - 1903 - 556 pages
...payee or indorsee in possession, or bearer, who derives his title through a holder in due course and is not himself a party to any fraud or illegality affecting it, is himself in the position of a holder in due course as regards the acceptor and all parties prior...
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Statutory Proclamations of the Transvaal, 1900-1902: (revised to 31st ...

Transvaal (Colony) - Law - 1904 - 552 pages
...breach of faith, or under such circumstances as amount to fraud. Proc. No. 11 of 1902. (3) A holder, whether for value or not, who derives his title to...course as regards the acceptor and all parties to the hill prior to that holder. Presumption of 28. (1) Every party whose signature appears on a bill is...
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Goodeve's Modern Law of Personal Property

Louis Arthur Goodeve - Personal property - 1904 - 548 pages
...he negotiates it in breach of faith, or under such circumstances as amount to a fraud. (3.) A holder (whether for value or not), who derives his title...is not himself a party to any fraud or illegality an'eciiug it, bus all the rights of that holder in due course as regards the acceptor and all parties...
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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - Law - 1904 - 1280 pages
...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 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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Annual Report of the American Bar Association: Including ..., Volume 27

American Bar Association - Bar associations - 1904 - 980 pages
...100 of Civ. Code, N. Dak. (Crawford, Ann. NIL, sees. 60-91 and 96.) issory note 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 to all parties prior to the latter,...
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Session laws - 1904 - 378 pages
...defe<!ts ject 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 or illegality affecting the instrument, has all the rights 8-L to hold in due •• ri of such former holder in respect of...
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