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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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Keister's Business Manual: A Hand Book for Everybody

David Armel Keister - 1904 - 156 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....
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The Customer's Guide to Banking

Henry Warren - 1904 - 416 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...
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The Negotiable Instruments Law of Kentucky

Charles Monfort Lindsay - 1904 - 174 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...
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Goodeve's Modern Law of Personal Property

Louis Arthur Goodeve - 1904 - 475 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...
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A Treatise on the Law of Contracts

Joseph Chitty - 1904 - 805 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,...
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Bank Bookkeeping and Accounts: A concise treatise showing the application of ...

John A. Meelboom - 1904 - 147 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...
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Statutory Proclamations of the Transvaal, 1900-1902: (revised to 31st ...

Transvaal (Colony) - 1904 - 531 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...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volumen38

Rhode Island. Supreme Court - 1916
...be considered as an accommodation party or otherwise for the statute says, Chapter 200, § 35, that "An accommodation party is one who has signed the...instrument knew him to be only an accommodation party." In the case of White v. Savage, 48 Ore. 604, where the same question arose under the same statute,...
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Reports of the Tax Court of the United States, Volumen21

United States. Tax Court - 1954
...California, Dlv. 3, pt. 4, tit. 15, ch. 1, art. 2, sec. 3110 provides: • • • An accommodation party la one who has signed the Instrument as maker, drawer,...receiving value therefor, and for the purpose of lending hla name to some other person. Such person Is liable on the Instrument to a holder for value, notwithstanding...
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American Law Reports Annotated, Volumen36

1925
...connection it may be noted that § 29 of the Uniform Negotiable Instruments Act provides as follows: "An accommodation party is one who has signed the...holder at the time of taking the instrument knew him only to be an accommodation party." In construing this provision in a case where one indorsed a note,...
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