Holder
Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914
Bouvier's Law Dictionary and Concise Encyclopedia
The holder of a bill of exchange is the person who is legally in the possession of it, either by indorsement or delivery, or both, and entitled to receive payment either from the drawee or acceptor, and is considered as an assignee.
Ludlow v. Bingham, 4 Dali. (U. S.) 63, 1 L. Ed. 736.
And one who indorses a promissory note for collection, as an agent, will be considered the holder for the purpose of transmitting notices; Smedes v. Bank, 20 Johns. (N. Y.) 372; Bowling v. Harrison, 16 How. (U. S.) 248, 12 L. Ed. 425. No one but the holder