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" 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 714
por New York (State) - 1897
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Roscoe's Digest of the Law of Evidence on the Trial of Actions at ..., Volumen1

Henry Roscoe, Maurice Powell - 1891 - 1640 páginas
...holder for value. Sect. 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,...
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A Treatise on the Law of Bills of Exchange: Promissory Notes, Bank-notes and ...

John Barnard Byles - 1891 - 584 páginas
...otherwise. Hingham v. Stanley, 1 G. & D. 23 ; 2 QB 117 ; Robins v. Maids/one, 4 QB 815. out value, and for the purpose of lending his name to some other person. Such a signature binds the signer to a holder for value, but it is not necessary that the holder should himself...
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A Synopsis of the Bills of Exchange Acts of England and Wales: And the ...

Great Britain - 1892 - 80 páginas
...lien. 28. (1.) An accommodation party to a bill is a [V.,Q.,WA».] 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,...
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Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ...

John James MacLaren - 1892 - 568 páginas
...accommodation party to a bill is a per- A soii who has signed a bill as drawer, acceptor, or |;f,fy in -• indorser, without receiving value therefor, and for...purpose of lending his name to some other person: Imp. Act, s. 28 (1). A bill may be drawn or indorsed by accommodation parties without being an accommodation...
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Laws of Barbados

Barbados - 1893
...accommodation party to a bill Acuommodatiou Mil is a person who has signed a bill as drawer or party, acceptor or indorser without receiving value therefor...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...
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Elements of the Law of Bills, Notes, and Cheques and the English Bills of ...

Melville Madison Bigelow - 1893 - 325 páginas
...which he has a lien. 28. (1) An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value...for the purpose of lending his name to some other person.8 (2) An accommodation party is liable on the bill to a holder for value; and it is immaterial...
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Reports of Selected Cases Decided in Courts of the State of New ..., Volumen48

New York (State). Courts - 1906
...as amended, an accommodation party is made liable on the instrument to a holder for value, although such holder at the time of taking the instrument knew him to be only an accommodation party. By section 51 it is provided that " Value is any consideration sufficient to support a simple contract...
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A Digest of the Law of Bills of Exchange, Promissory Notes, Cheques, and ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1896 - 434 páginas
...party to a bill is * ' t . tlon bill or a person who has signed a bill as drawer, acceptor, party. or indorser, without receiving value therefor, and...purpose of lending his name to some other person. ILLUSTRATIONS. 1. Bill accepted for the accommodation of the drawer. This is an accommodation bill,...
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A Treatise on the Law of Contracts

Joseph Chitty - 1896 - 806 páginas
...person who Accommodahas signed a bill as drawer, acceptor, or indorser, without receiving '^L, l or 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,...
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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897
...defense pro tanto whether the failure is an ascertained and liquidated amount or otherwise. Sec. 36. An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. NEGOTIATION. Sec. 37. An instrument is negotiated when it is transferred from one person to another...
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