 | Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 pages
...negotiable instrument is subject to the same defences as if it were non.negotiable. 1 But a holder 2 who derives his title through a holder in due course,...respect of all parties prior ,to the latter. Sec. 59: Every holder is deemed prima facie to be a holder in due course; but when it is shown that the... | |
 | New York (State). Courts - 1922 - 1060 pages
...than a holder in due course, is subject to the same defenses as if it were non-negotiable, but the holder " who derives his title through a holder in...holder in respect of all parties prior to the latter." The court in Horan v. Mason, 141 App. Div. 89, says: " The principle of the rule arose from the fact... | |
 | 1926 - 450 pages
...provision referred to in his question. A section of the Uniform Negotiable Instruments Act provides that a holder who derives his title through a holder in due course and who is not "The ability to use the tools of his trade is an absolute prerequisite to the success of the young... | |
 | 1910 - 1402 pages
...57 of that Act provides that " 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 regaids the acceptor and all parties to the... | |
 | 1928 - 950 pages
...acquired all rights of the finance company, under section 3139 of the Civil Code, which provides that a holder who derives his title through a holder in due course and who is not a party to any fraud or illegality affecting the instrument has all the rights of the former holder.... | |
 | 1928 - 952 pages
...acquired all rights of the finance company, under section 3139 of the Civil Code, which provides that a holder who derives his title through a holder in due course and who is not a party to any fraud or illegality affecting the instrument has all the rights of the former holder.... | |
 | Pennsylvania Bar Association - 1899 - 410 pages
...than a holder in due course, a negotiable instrument is subject to the same defences as if it were non-negotiable. But a holder who derives his title...in respect of all parties prior to the latter. SEC. 59. Every holder is deemed prima facie to be a holder in due course ; but when it is shown that the... | |
 | Carl Hans Barz - 1974 - 600 pages
...circumstances as amount to a fraud. (3) A holder (wether 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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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... 
