 | California - Law - 1917 - 944 pages
...Stats, and Amdts. 1917, p. 1541. In effect July 31, 1917. §3139. WHEN SUBJECT TO ORIGINAL DEFENSES. 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... | |
 | District of Columbia. Court of Appeals - Law reports, digests, etc - 1918 - 712 pages
...until it has been restrictively indorsed or discharged by payment or otherwise.' "Section 1302 reads: 'In the hands of any holder other than a holder in...instrument is subject to the same defenses as if it were non-negotiable, lint a holder who derives his title through a holder in due course, and who is not... | |
 | Law - 1913 - 1280 pages
...Dec. Dig. | 3. BILLS AND NOTES (§ 362*)— INDORSEMENT. Despite Rev. Laws, c, 73, § 75. providing that, in the hands of any holder other than a holder in due course, a negotiable instrument it subject to the same defenses as if it were nonnegotiable, but a holder who derives his title through... | |
 | William Mack, William Benjamin Hale - Law - 1916 - 1200 pages
...enforce payment of the instrument for the full amount thereof against all parties liable thereon; and that, in the hands of any holder, other than a holder...instrument is subject to the same defenses as if it were nonnegotiable.21 [$ 52] C. Negotiability Not Essential to Validity. Negotiability is not, however,... | |
 | Illinois State Bar Association - Bar associations - 1899 - 650 pages
...the instrument for the full amount thereof against all parties liable thereon. SEC. 58. ln the bands of any holder other than a holder in due course, a...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... | |
 | New York (State). Courts - Law reports, digests, etc - 1922 - 1060 pages
...the Alabama statute and section 167 of the Wisconsin statute) provides that a negotiable instrument in the hands of any holder, other 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... | |
 | North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1917 - 740 pages
...counterclaim ; that the statute which counsel has read, namely, Comp. Laws 1913, § 6943, provides, 'In the hands of any holder other than a holder in due 35 ND— 7. course, a negotiable instrument is subject to the same defenses as if it were non-negotiable.'... | |
 | Pennsylvania Bar Association - Bar associations - 1899 - 410 pages
...payment of the instrument for the full amount thereof against all parties liable thereon. SEC. 58. 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 course,... | |
 | Alabama. Supreme Court - Law reports, digests, etc - 1916 - 758 pages
...indorsement of the holder, completed by delivery. Sec. 50]3. In the hands of any holder who is not a holder in due course a negotiable instrument is subject to the same defenses as if it were non -negotiable. * * * In Lewix v. Clay, (1897) 67 L. .1. ( Q. 15.) 223, 227, there is a dictum by... | |
 | Law reports, digests, etc - 1928 - 1128 pages
...holder at the time of taking the instrument knew him to be only an accommodation party." Section 6585. "In the hands of any holder other than a holder in...instrument is subject to the same defenses as if it were nonnegotiable ; but a holder who derives his title through a holder in due course, and who is not himself... | |
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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... 
