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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... "
Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ... - Página 201
por Pennsylvania. Laws, statutes, etc - 1901
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Proceedings of the ... Annual Conference of Commissioners on ..., Volumen17

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,...
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Keister's Business Manual: A Hand Book for Everybody

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....
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The Negotiable Instruments Law of Kentucky

Charles Monfort Lindsay - 1904 - 204 páginas
...signed the instrument as maker, drawer, acceptor or indorser, without receiving value therefor (a), and for the purpose of lending his name to some other...is liable on the instrument to a holder for value (6), notwithstanding such holder at the time of taking the instrument knew him to be only an accommodation...
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The Customer's Guide to Banking

Henry Warren - 1904 - 432 páginas
...An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor, and for the 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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Goodeve's Modern Law of Personal Property

Louis Arthur Goodeve - 1904 - 548 páginas
...defines an "accommodation party "as "a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor, and for 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 - 940 páginas
...An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without 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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Bank Bookkeeping and Accounts: A concise treatise showing the application of ...

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...
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Statutory Proclamations of the Transvaal, 1900-1902: (revised to 31st ...

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...
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American Law Reports Annotated, Volumen36

1925 - 1708 páginas
...accommodation party is one who has signed the instrument as maker, dra\ver, acceptor, or indorser, without receiving value therefor, and for the purpose...a holder for value, notwithstanding such holder at t"e time of taking the instrument Knew him only to be an accommodation party." In construing this provision...
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Reports of Civil and Criminal Cases Decided by the Court of ..., Volumen168

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1916 - 992 páginas
..."An accommodation party is one who has signed the instrument as maker, drawer, acceptor or endorser, without receiving value therefor, and for the purpose...instrument knew him to be only an accommodation party." And, section 191 thereof, further provides: "The person 'primarily' liable on an instrument is the...
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