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" Where the holder has a lien on the instrument, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien. "
American Law and Procedure - Página 108
editado por - 1910
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Reports of Civil and Criminal Cases Decided by the ..., Volumen35;Volumen142

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1911 - 952 páginas
...instrument is payable on demand or at a future time." And section 27 of said act further provides that: "Where the holder has a lien on the instrument, arising...deemed a holder for value to the extent of his lien." The agreement not to sue; but to extend the time for the payment of the debt then due, to-wit, $2,759.43,...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volumen155

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1909 - 812 páginas
...deemed such whether the instrument is payable on demand or at a future time." Section 29 provides : "Where the holder has a lien on the instrument, arising...deemed a holder for value to the extent of his lien." We are of the opinion that it was the intention of the legislature to change the rule theretofore prevailing...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volumen205

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1920 - 808 páginas
...defendants' note to the extent of its lien. Section 6068, 2 Comp. Laws 1915. This section provides that: "Where the holder has a lien on the instrument, arising...deemed a holder for value to the extent of his lien." See, also, Graham v. Smith, 155 Mich. 65. We think it would follow that after the indebtedness was...
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Report of the ... Annual Meeting of the American Bar ..., Volumen10,Parte1887

American Bar Association - 1887 - 460 páginas
...to the bill who became parties prior to such time. (3) Where the holder of a bill has a lien on it, arising either from contract or by implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. SEC. 28. (1) That au accommodation...
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Journal of the Institute of Bankers, Volumen41

Institute of Bankers (Great Britain) - 1920 - 404 páginas
...collection (Sec. 27, ss 3, Bills of Exchange Act, 1882). Where a holder of a bill has a lien on it, arising either from contract or by implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. Set-off. The word lien is...
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The Federal Reporter: Cases Argued and Determined in the ..., Volúmenes179-180

1910 - 2132 páginas
...deemed such whether the instrument is payable on demand or at a future time." Section 27 provides: "Where the holder has a lien on the Instrument, arising...deemed a holder for value to the extent of his lien." Section 29 declares: "An accommodation party is one who has signed the instrument as maker, drawer,...
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Statutes at Large ...

Great Britain - 1882 - 574 páginas
...to the bill who became parties prior to such time. (3.) Where the holder of a bill has a lien on it arising either from contract or by implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. 28. (1.) An accommodation...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - 1882 - 362 páginas
...to the bill who became parties prior to such time. (3.) Where the holder of a bill has a lien on it arising either from contract or by implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. 28. (1.) An accommodation...
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The Bills of Exchange Act, 1882 (45 & 46 Vict., C. 61): An Act to Codify the ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 páginas
...not sue his awn principal — see too sect. 29 (3). (3.) Where the holder of a bill has a lien on it arising either from contract or by implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. Apart from special agreement,...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - 1882 - 316 páginas
...who became parties prior to such time (/). §27. (3.) Where the holder of a bill has a lien on it, arising either from contract or by implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien (g). (a.) This section does...
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