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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... "
Supplement to the Revised Statutes of the United States: Volume 2 ... - Page 1768
by United States - 1901 - 2037 pages
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Statutory Proclamations of the Transvaal, 1900-1902: (revised to 31st ...

Transvaal (Colony) - 1904 - 552 pages
...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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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., Volume 1

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - 1905 - 1412 pages
...c. 733, s. 28. 2177. Accommodation party, who is; liability. An accommodation party is one who has signed the instrument as maker, drawer, acceptor or...instrument knew him to be only an accommodation party. 1899, c. 733, s. 29. VI. INDORSEMENT. 2178. What is negotiation. An instrument is negotiated when it...
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The Home Library of Law ...

Albert Sidney Bolles - 1905 - 224 pages
...party is one who has signed the instrument as maker, drawer, acceptor, or indornr, without recsiving value therefor, and for the purpose of lending his...instrument knew him to be only an accommodation party. 17. Rules of construction that apply to ambiguous note. 23. Forged note. 30. When is an instrument...
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Acts of the Legislature of the State of Michigan, Part 2

Michigan - 1905 - 754 pages
...drawer, acceptor, or indorser, with- "" y' out receiving value therefor, and for the purpose of lendiug his name to some other person. Such a person is- liable...instrument knew him to be only an accommodation party. Article III. Negotiation. SEC. 32. An instrument is negotiated when it is trans- wi,en instrument -,-•...
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Keister's Corporation Accounting and Auditing: A Practical Treatise on ...

David Armel Keister - 1905 - 602 pages
...capacity to indorse. 92. What is the liability of an accommodation indorser? A. An accommodation indorser is liable on the instrument to a holder for value,...instrument knew him to be only an accommodation party. 93. What is the liability of a person signing a negotiable instrument in a trade or assumed name? ....
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The Negotiable Instruments Law

Robert Emmet Bunker, Michigan - 1905 - 392 pages
...Accommodation bill or party. (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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The Company and Commercial Laws of the Transvaal: With Explanatory Notes and ...

Manfred Nathan - 1905 - 462 pages
...An accommodation party to a bill is a person who has signed a bill as drawer, acceptor or endorser without receiving' value therefor, and for the purpose of lending his name to some other person. 27. (1) A holder in due course is a holder who has taken a bill complete and regular on the face of...
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The Negotiable Instruments Law as Enacted by the State of Ohio and Other ...

Emilius Oviatt Randall - 1906 - 238 pages
...275). (1900.) 3172a (4926) [Liability of Accommodation Party.] An accommodation party is one who has signed the instrument as maker, drawer, acceptor,...instrument knew him to be only an accommodation party. A promissory note is not without consideration as to one who executes it as surety, although the consideration...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volume 38

Rhode Island. Supreme Court - 1916 - 668 pages
...or otherwise for the statute says, Chapter 200, § 35, that "An accommodation party is one who has signed the instrument as maker, drawer, acceptor or...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 Civil and Criminal Cases Decided by the Court of ..., Volume 168

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell - 1916 - 992 pages
..."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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