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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... "
The Pacific Reporter - Σελίδα 172
1915
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The New York Supplement, Τόμος 195

1922 - 1052 σελίδες
...c. 38), §§ 51, 52. An accommodation maker, who has signed the instrument, without value received, and for the purpose of lending his name to some other person, is liable on the instrument to a holder for value, notwithstanding such holder, at the time of taking...

The Judicial Dictionary of Words and Phrases Judicially Interpreted

Frederick Stroud - 1890 - 1062 σελίδες
...ACCOMMODATION.—" An Accommodation Party to a Bill is a person who has signed a Bill, as Drawer, Acceptor, or Indorser, without receiving Value therefor, and...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,...

The Bills of Exchange Act 1890: Fully and Copiously Indexed So as to be of ...

John Augustus Barron - 1890 - 152 σελίδες
...person who Aooommor J £ dation has signed a bill as drawer, acceptor, or indorser, without p^ty to a 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 HI? iiar * bility. holder for value ; and it...

Digest of the Law of Evidence on the Trial of Actions at Nisi Prius, Τόμος 1

Henry Roscoe, Maurice Powell - 1891 - 924 σελίδες
...28. " (1.) An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor and...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,...

A Treatise on the Law of Bills of Exchange: Promissory Notes, Bank-notes and ...

John Barnard Byles - 1891 - 674 σελίδες
...pel-son who has Accommodasigned a bill as drawer, acceptor, or iudurser, without receiving tion bill or value therefor, and for the purpose of lending his name to some party, other person. (2) An accommodation party is liable on the bill to a holder for value ; and it...

A Synopsis of the Bills of Exchange Acts of England and Wales: And the ...

Great Britain - 1892 - 98 σελίδες
...accommodation party to a bill is a [v.,<j.,wA29j person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor, and...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,...

Bills, Notes and Cheques: The Bills of Exchange Act, 1890, Canada, and the ...

John James MacLaren - 1892 - 646 σελίδες
...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...

Laws of Barbados

Barbados - 1893 - 462 σελίδες
...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 and for...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...

Elements of the Law of Bills, Notes, and Cheques and the English Bills of ...

Melville Madison Bigelow - 1893 - 360 σελίδες
...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 therefor, and 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...

Miscellaneous Reports. Cases Decided in the Courts of Record of ..., Τόμος 48

New York (State). Courts - 1906 - 800 σελίδες
...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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