 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
 | Kentucky - 1904 - 378 páginas
...whether the failure is an ascertained and liquidated amount or otherwise. § 29. Aft accommodation pai% 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 transferred from one person to another... | |
 | Commissioners on Uniform State Laws (U.S.). Conference - 1907 - 152 páginas
...Bank, 104 NY Supp. 750 (decided June 6, 1907). This section provides that an accommodation endorser is liable on the instrument to a holder for value,...instrument, knew him to be only an accommodation party. The court held, therefore, that a defendant, who was asked to identify at the bank the payee of a check,... | |
 | David Armel Keister - 1904 - 168 páginas
...instrument, also the existence of the payee and his then capacity to indorse. 92 . An accomodation indorser is liable on the instrument to a holder for value,...time of taking the instrument knew him to be only an accomodation party. 93 . He would be liable to the same extent as if he had signed in his own name.... | |
 | Henry Warren - 1904 - 432 páginas
...an accommodation bill thus : ' An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value...purpose of lending his name to some other person.' If, therefore, the drawer and acceptor are both accommodation parties, ' some other person ' who is... | |
 | Charles Monfort Lindsay - 1904 - 204 páginas
...holder for value without notice," "innocent holder," etc. § 29. Liability of Accommodation Party. — An accommodation party is one who has signed the instrument...acceptor or indorser, without receiving value therefor (a), and for the purpose of lending his name to some other person. Such a person is liable on the instrument... | |
 | Louis Arthur Goodeve - 1904 - 548 páginas
...the creditor.1 The Act of 1882 defines an "accommodation party "as "a person who has signed a bill as drawer, acceptor, or indorser, without receiving value...the purpose of lending his name to some other person ; "" and provides that he is liable to a holder for value, whether the holder took the bill with knowledge... | |
 | Joseph Chitty - 1904 - 940 páginas
...has a lien (k). S. 28. — (1) An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value...purpose of lending his name to some other person. (2) An accommodation party is liable on the bill to a holder for value ; and it is immaterial whether,... | |
 | John A. Meelboom - 1904 - 184 páginas
...ACCOMMODATION BILL. A bill of exchange on which one person has signed as drawer, acceptor, or endorser, without receiving value therefor, and for the purpose of lending his name to some other person — Bills of Exchange Act, Section 28. ACCOUNT CURRENT. An open account to which debits and credits... | |
 | Transvaal (Colony) - 1904 - 552 páginas
...is a person Accommodation who has signed a bill as drawer, acceptor or indorser without bl11 or f^y. receiving value therefor, and for the purpose of lending his name to some other person. (2) An accommodation party is liable on the bill to a holder for value ; and it is immaterial whether... | |
 | 1949 - 1134 páginas
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