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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 New York Supplement, Volume 87

1904 - 1262 pages
...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 In...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 himself a party to...
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The New York Supplement, Volume 98

1906 - 1408 pages
...Instruments Law, Laws 1897, p. 732, c. 612, § 97, providing that a holder of a negotiable instrument who derives his title through a holder in due course,...fraud or illegality affecting the instrument, has nil the rights of such former holder In respect to parties prior to the latter, where defendants negotiated...
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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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The Bills of Exchange Act 1890: Fully and Copiously Indexed So as to be of ...

John Augustus Barron - 1890 - 152 pages
...amount to a fraud : t 8. A holder, whether for value or not, who derives his holder. title fo a yll through a holder in due course, and who is not himself a party to any fraud or illegality affecting it, has all the righti of that holder in due course as regards the acceptor and all parties to the...
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The Judicial Dictionary of Words and Phrases Judicially Interpreted

Frederick Stroud - 1890 - 1062 pages
...as amount to a fraud. SJD AA (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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Digest of the Law of Evidence on the Trial of Actions at Nisi Prius, Volume 1

Henry Roscoe, Maurice Powell - 1891 - 924 pages
...person who negotiated it. "(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 tho acceptor and all parties to the...
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A Synopsis of the Bills of Exchange Acts of England and Wales: And the ...

Great Britain - 1892 - 94 pages
...] the words Part of this. (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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Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ...

John James MacLaren - 1892 - 628 pages
...McEachren, 1 NSD 299 (1868). 8. A holder, whether for value or not, who holder, derives his title to a bill through a holder in due course, and who is not himself a party to any fraud § 29. or illegality affecting it, has all the rights of that holder in due course as regards the acceptor...
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Elements of the Law of Bills, Notes, and Cheques and the English Bills of ...

Melville Madison Bigelow - 1893 - 360 pages
...circumstances as amount to a fraud.2 (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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