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" A holder, in due course holds the instrument free from any defect of title of prior parties, and free from defenses available to prior parties among themselves, and may enforce payment of the instrument for the full amount thereof against all parties... "
The New York Supplement - Page 496
1903
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 80

New York (State). Supreme Court. Appellate Division - 1903 - 794 pages
...of any infirmity in the instrument or defect in the title of the person negotiating it." Section 9-t defines when the title is defective in the person...thereon." By section 98 it is provided : " Every holder is deemed prima facie to be a holder in due course ; but when it is shown that the title of any person...
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Reports of Cases Heard and Determined in the Appellate Division ..., Volume 97

New York (State). Supreme Court. Appellate Division - 1904 - 794 pages
...the dishonoring of the check by the defendants, he is a holder in due course, and as such he takes the instrument free from any defect of title of prior...defenses available to prior parties among themselves. (Neg. Inst. Law, § 96.) SECOND DEPARTMENT, Jci/r, 1904. [Vol. 97. It is true, of course, that the...
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University of Pennsylvania Law Review and American Law Register, Volume 66

1918 - 414 pages
...Instruments Law. Section 57 of the Negotiable Instruments Law would seem to cover all these cases: A holder in due course holds the instrument free from...any defect of title of prior parties, and free from defences available to prior parties among themselves, and may enforce payment of the instrument for...
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American Law Reports Annotated, Volume 15

1921 - 1620 pages
...or defect in the title of the person negotiating it." Sec. 57. "Rights of holder in due course.—A holder in due course holds the instrument free from...amount thereof against all parties liable thereon." Sec. 59. "Presumption—burden of proof—exception.—Every holder is deemed prima facie to be a holder...
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Reports of Civil and Criminal Cases Decided by the ..., Volume 36; Volume 143

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1911 - 954 pages
...the title of the person negotiating it. ' ' And a holder in due course under section 57 of the act : "holds the instrument free from any defect of title...amount thereof against all parties liable thereon." It is said, however, that Jett is not to be treated as a holder for value as he took the note merely...
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American law reports annotated, Volume 15

1921 - 1618 pages
...instrument, it is likewise apparent plaintiff was a holder, but not a holder in due course, who, under § 57, 'holds the instrument free from any defect of title...defenses available to prior parties among themselves.' " This construction is strengthened by the provision of § 57, which, in defining the rights of a holder...
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Reports of Cases Determined in the Courts of Appeal of the State ..., Volume 65

1925 - 936 pages
...or by implication of law, he is deemed aholder for value to the extent of his lien." "Section \313o5 A holder in due course holds the instrument free from...amount thereof against all parties liable thereon." Plaintiff concedes that prior to the enactment of the above sections of the code the decisions of the...
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Delaware Reports: Containing Cases Decided in the Supreme Court ..., Volume 27

David Thomas Marvel, John W. Houston, Samuel Maxwell Harrington, James Pennewill, William Henry Boyce, William Watson Harrington, Charles L. Terry, William J. Storey - 1915 - 722 pages
...vs. Du Ross. 113 Judgment for Plaintiff. Volume 26, Laws of Delaware, 410. By section 57 of said act a holder in due course holds the instrument free from...any defect of title of prior parties, and free from defences available to prior parties among themselves, etc. By section 24 every negotiable instrument...
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The Cornell Law Quarterly, Volume 4

1919 - 278 pages
...same to be surrendered and cancelled." Section 96 of the Negotiable Instruments Law,2 provides that "A holder in due course holds the instrument free...amount thereof against all parties liable thereon." Assuming the plaintiff to be a holder in due course, the question presented to the court was whether...
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The Cornell Law Quarterly, Volume 3

1918 - 356 pages
...There is nothing in the Negotiable Instruments Law which expressly changes the rule. It declares that "a holder in due course holds the instrument free...the full amount thereof against all parties liable thereon."29 Is the maker of a negotiable note, which is declared void by statute, a party liable thereon?...
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