 | Great Britain - 1892 - 94 pages
...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,... | |
 | John James MacLaren - 1892 - 646 pages
...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 pages
...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... | |
 | Melville Madison Bigelow - 1893 - 360 pages
...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... | |
 | New York (State). Courts - 1906 - 800 pages
...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... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1896 - 530 pages
...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,... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1164 pages
...is an ascertained and liquidated amount or otherwise. Sec. 36. An accommodation party is one who has signed the instrument as maker, drawer, acceptor or...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... | |
 | New York (State) - 1897 - 996 pages
...or otherwise. § 55. Liability of accommodation indorser. — An accommodation party is one who has signed the instrument as maker, drawer, acceptor or...instrument knew him to be only an accommodation party. ARTICLE IV. NEGOTIATION. Section CO. What constitutes negotiation. 61. Indorsement; how made. 62. Indorsement... | |
 | Florida - 1897 - 426 pages
...is an ascertained and liquidated amount or otherwise. SEC. 29. An accommodation party is one who has signed the instrument as maker, drawer, acceptor or...person. Such a person is liable on the instrument to a bolder for value, notwithstanding such holder at the time of taking the instrument knew him to" be... | |
 | Colorado - 1897 - 434 pages
...Effect of Indorsement. Indorsement in blank or special. Special. Blank. Filling of blank indorsement. Such a person is liable on the instrument to a holder...instrument knew him to be only an accommodation party. ARTICLE III. Negotiation. Sec. 30. An instrument is negotiated when it is transferred from one person... | |
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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... 
