instrument under the following conditions: (1) That the instrument is
complete and regular upon its face; (2) That he became the holder of it
before it was overdue, and without notice that it had been previously
dishonored, if such was the fact; (3) That he took it in good faith and
for value; (4) That at the time it was negotiated to him he had no
notice of any infirmity in the instrument or defect in the title of the
person negotiating it." Section 57 defines what the rights of this
holder in due course are: