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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... "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Page 1771
by United States - 1901 - 2037 pages
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Statutes at Large ...

Great Britain - 1882
...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 - 1882 - 283 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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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - 1882
...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 - 1882 - 88 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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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 314 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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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Borchardt - 1883 - 373 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

1918
...than a 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...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

1911
...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

1921
...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...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 Bills of Exchange Act, 1882: (45 & 46 Vict. C. 61). With Explanatory ...

Aviet Agabeg, William Frederick Barry - 1884 - 227 pages
...fraud (o). (3). A holder (whether for value or not) who derives Ina - Act . s- 53 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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