DRESSER V. MISSOURI & IOWA RY. CONSTRUCTION CO., 93 U. S. 92 (1876)
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U.S. Supreme Court
Dresser v. Missouri & Iowa Ry. Construction Co., 93 U.S. 92 (1876)
Dresser v. Missouri and Iowa Railway Construction Company
93 U.S. 92
Syllabus
A bona fide holder of negotiable paper, purchased before its maturity upon an unexecuted contract, on which part payment only had been made when he received notice of fraud, and a prohibition to pay, is protected only to the amount paid before the receipt of such notice.