An accommodation party is one who has signed the instrument as maker, drawer, acceptor or indorser, without receiving value therefor, and for the purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for... Laws of the State of New York - Página 710por New York (State) - 1897Vista completa - Acerca de este libro
| Howard Irving Smith - 1903 - 560 páginas
...the accommodation indorser nothing can be recovered. Accommodation party. One who signs a negotiable instrument as maker, drawer, acceptor or indorser...is liable on the instrument to a holder for value (for a consideration paid in money or otherwise), notwithstanding that such holder knew him to be only... | |
| Montana - 1903 - 434 páginas
[ Lo sentimos, el contenido de esta página está restringido. ] | |
| George Lisle - 1903 - 560 páginas
...ACCOMMODATION BILL. — An accommodation party to a bill of exchange is a person who has signed the bill as drawer, acceptor, or indorser, without receiving value...purpose of lending his name to some other person. The circumstance that a party has, in fact, received no value for the bill does not of itself make... | |
| International Correspondence Schools - 1903 - 646 páginas
...the value given for the same. 35. An accommodation party to an instrument is one who has signed it as maker, drawer, acceptor, or indorser, without receiving...therefor, and for the purpose of lending his name to another." He is liable on the instrument to a holder for value, and it is immaterial whether, when... | |
| James Smith McMaster - 1903 - 1004 páginas
...section 55 an accommodation party is made liable on the instrument to a bolder for value, although such holder at the time of taking the instrument knew him to be only an accommodation party. Section 91 defines a holder in due course to be a person who has taken the instrument under the following... | |
| Edward Voigt, Charles Voigt - 1904 - 836 páginas
...whether the failure is an ascertained and liquidated amount or otherwise. Aecommodation party defined.— An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. NOTE.— Defendant's accommodation note, payable in bank, was by the payee indorsed to his creditor... | |
| Maryland - 1904 - 1280 páginas
...a defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise. 48. An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. Black v. Bank of Westminster, 96 Md. 416. CHAPTER IV— Negotiation. 49. An instrument is negotiated... | |
| Commissioners on Uniform State Laws (U.S.). Conference - 1908 - 178 páginas
...such fact or not. Section 55 of the Negotiable Instruments Law (Laws 1897, p. 728, c. 612) provides: 'An accommodation party is one who has signed the...instrument knew him to be only an accommodation party.' " The very purpose of the accommodation would be defeated if knowledge of the fact that the responsible... | |
| Kentucky - 1904 - 384 páginas
...whether the failure is an ascertained and liquidated amount or otherwise. § 29. AYi accommodation par% is one who has signed the instrument as maker, drawer,...knew him to be only an accommodation party. ARTICLE III. Negotiation. § 30. An instrument is negotiated when it is trans- I,l^ttic00nMtitute8 ferred from... | |
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