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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... "
Miscellaneous Reports. Cases Decided in the Courts of Record of the State of ... - Page 460
by New York (State). Courts, Francis Blaine Delehanty, Austin B. Griffin, Robert George Scherer, Edward Jordan Dimock, Joseph Albert Lawson, Charles Cook Lester, William Van Rensselaer Erving, Louis J. Rezzemini - 1908
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The Northwestern Reporter, Volume 117

1908 - 1282 pages
...by section ĦlOOOaaS, providing that in the hands of auy holder other than a holder in due course n negotiable instrument is subject to the same defenses as if it were nonnegotiable. Appeal from District Court, Linn County; FO Ellison, Judge. Suit upon a promissory note....
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The Pacific Reporter, Volume 106

1910 - 1168 pages
...the contract. To sustain his theory that It does not do so, appellant cites section 58 of the law: "In the hands of any holder other than a holder in...Instrument is subject to the same defenses as If it were nonnegotiable. * * * " Laws 1899, p. 351. c. 149, § 58. If this section stood alone, there is reason...
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The Pacific Reporter, Volume 193

1921 - 1150 pages
...ф=362— Purchaser from bona fide purchaser has tatter's rights. In the hands of any holder other than the holder in due 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 course, and who is not himself...
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The Pacific Reporter, Volume 102

1909 - 1132 pages
...315*)— DEFENSES— ARBIG NEB. Under the provisions of section Solo, Rev. Codes, a negotiable instrument in the hands of any holder other than a holder "in due course" is subject to the same defenses as if it were nonnegotiable. I Ed. Note. — For other cases, see Bills...
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The Northeastern Reporter, Volume 118

1918 - 1118 pages
...consideration is a matter of defense as agaiiist any person not a holder in due course." Section 28. "In the hands of any holder other than a holder in...instrument is subject to the same defenses as if it were nonnegotiable." Section 68. "A holder in due course is a bolder who has taken the instrument under...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 pages
...full amount thereof against all parties liable thereon. § 58. WHEN SUBJECT TO ORIGINAL DEFENCES.— In the hands of any holder other than a holder in...course a negotiable 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...
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The Southwestern Reporter, Volume 175

1915 - 1328 pages
...title thereto when it was negotiated to him, and section 10028, providing that a negotiable instrument in the hands of any holder, other than a holder in due course, is subject to the same defenses as if it was nonnegotiable, an indorsee of a note who took it with...
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The New York Supplement, Volume 87

1904 - 1262 pages
...AFTEB MATURITY —DEFENSES. The Negotiable Instruments Law, § 97 (Laws 1897, p. 732, c. 612), provides that In the hands of any holder other than a holder...Instrument Is 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...
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The New York Supplement, Volume 125

1911 - 1320 pages
...the payee. Section 97 of the negotiable instruments law (Consol. Laws, c. 38), provides as follows : "In the hands of any holder other than a holder In...instrument is subject to the same defenses as if it were nonnegotlable. But a holder who derives his title through a holder In due course, and who Is not himself...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 pages
...enforce payment of the instrument for the full amount thereof against all parties liable thereon. 77. In the hands of any holder other than a holder in...course, a negotiable 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...
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