Harvard Law Review, Vol. 1 (Classic Reprint)

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Excerpt from Harvard Law Review, Vol. 1

The principle as to purchase for value, which it is the object of these pages to justify, may be concisely stated as follows A court of equity will not deprive a defendant of any right of property, whether legal or equitable, for which he has given value without notice of the plaintiff's equity, nor of any other common law right acquired as an incident of his purchase. In all other cases the circumstance of innocent purchase is a fact of no legal significance.

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