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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... "
Acts of the Legislature of the State of Michigan - Page 398
by Michigan - 1905
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The Northwestern Reporter, Volume 117

1908 - 1282 pages
...several «ates. This we think Is apparent from the ict itself. Thus section 30(Юа58 In terms says: "In the hands of any holder other than a holder in...instrument is subject to the same defenses as If it were nonuegotiable." Negotiability is not necessary to the validity of a promissory note, and the mere fact...
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Statutes at Large ...

Great Britain - 1882 - 574 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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Journal of the Institute of Bankers, Volume 3

Institute of Bankers (Great Britain) - 1882 - 726 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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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 318 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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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 362 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 Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 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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Sammlung der seit dem Jahre 1871 in Aegypten, Belgien, Dänemark ...

Oscar Borchardt - 1883 - 392 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 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...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 Pacific Reporter, Volume 114

1911 - 1168 pages
...the bank, their assignor, was itself a holder in due course. The section mentioned reads as follows: "In the hands of any holder other than a holder in...the same defenses as if it were nonnegotiable. But a bolder who derives his title through a holder in due course, and who is not himself a party to any...
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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...to the same defenses as If it were nonnegotiable. * * * " Laws 1899, p. 351. c. 149, § 58. If this section stood alone, there is reason for appellant's...
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