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" 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. "
The Law Relating to Cheques - Page 41
by Eric Russell Watson - 1902 - 142 pages
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The Revised Statutes of Canada, 1906, Volume 3

Canada - Law - 1907 - 1110 pages
...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...or illegality affecting it, has all the rights of that holder in due course as regards the acceptor and all parties to the bill prior to that holder....
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Acts of the General Assembly of the State of Alabama

Alabama - Law - 1907 - 1034 pages
...holder ln ,. r, ,•, uU i_ j • i-- due course, 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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Acts of the Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 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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Acts of the Legislature of West Virginia

West Virginia - Law - 1907 - 710 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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Report of the Board of Statutory Consolidation: Insurance law to Partnership law

New York (State). Board of Statutory Consolidation - Law - 1907 - 1252 pages
...instrument is subject to the same defenses as if it were nonnegotiable. 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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Laws

Illinois - Law - 1907 - 644 pages
...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 Canadian Law of Banks and Banking: The Clearing House, Currency and ...

John Delatre Falconbridge - Banking law - 1907 - 736 pages
...due course. Sec. 56. A holder, whether for value or not, who derives his title to Holder in a bill through a holder in due course, and who is not himself a due course, party to any fraud or illegality affecting it, has all the rights of that holder in due...
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Laws of the Colony of Southern Nigeria, Volume 1

Nigeria. Compilations - 1908 - 880 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...or illegality affecting it, has all the rights of that bolder in due course as regards the acceptor, and all parties to the bill prior to that holder....
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 276 pages
...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 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 Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 366 pages
...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 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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