9. Holder in due course
.- Holder in due course means any person who for
consideration became the possessor of a promissory note, bill
of exchange or cheque if payable to bearer, or the payee or
endorsee thereof, if payable to order, before the amount mentioned
in it became payable, and without having sufficient cause
to believe that any defect existed in the title of the person
from whom he derived his title.