How much can they get?
[ Follow Ups ] [ Post Followup ] [ Credit Forum Index ]
Posted by computerguy
(204.180.131.3) on January 21, 2004 at 16:53:12:
A note void in the hands of the payee, because obtained by him of the maker by fraud, is collectible in the hands of a subsequent bona fide holder who has taken it before maturity for value; but if such holder has paid on such transfer a less sum than the amount of the note, he can only recover the amount which he, or some prior holder through whom he derives title, has paid for it. HOLCOMB v. WYCKOFF. 1870 WL 5231 (N.J. Sup.).
Follow Ups:
Post a Followup
|
