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 1721915Πλήρης προβολή - Σχετικά με αυτό το βιβλίο
| 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... | |
| 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,... | |
| 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... | |
| 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,... | |
| 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... | |
| 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,... | |
| 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... | |
| 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... | |
| 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... | |
| 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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