 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...  Laws of the State of New York - Stran 710avtor: New York (State) - 1897Celotni ogled - O knjigi
 | James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 strani
...tanto, whether the failure is an ascertained and liquidated amount or otherwise. [See ante, p. 275.l without receiving value therefor, and for the purpose...instrument knew him to be only an accommodation party. [See ante, p. 309.I ARTICLE IV. Negotiation. Note.— This article appears as ff 30-50 in the acts... | |
 | Howard Irving Smith - 1903 - 560 strani
...the accommodation indorser nothing can be recovered. Accommodation party. One who signs a negotiable instrument as maker, drawer, acceptor or indorser...is liable on the instrument to a holder for value (for a consideration paid in money or otherwise), notwithstanding that such holder knew him to be only... | |
 | George Lisle - 1903 - 556 strani
...ACCOMMODATION BILL. — An accommodation party to a bill of exchange is a person who has signed the bill as drawer, acceptor, or indorser, without receiving value...purpose of lending his name to some other person. The circumstance that a party has, in fact, received no value for the bill does not of itself make... | |
 | International Correspondence Schools - 1903 - 646 strani
...the value given for the same. 35. An accommodation party to an instrument is one who has signed it as maker, drawer, acceptor, or indorser, without receiving...therefor, and for the purpose of lending his name to another." He is liable on the instrument to a holder for value, and it is immaterial whether, when... | |
 | James Smith McMaster - 1903 - 1004 strani
...section 55 an accommodation party is made liable on the instrument to a bolder for value, although such holder at the time of taking the instrument knew him to be only an accommodation party. Section 91 defines a holder in due course to be a person who has taken the instrument under the following... | |
 | Edward Voigt, Charles Voigt - 1904 - 836 strani
...whether the failure is an ascertained and liquidated amount or otherwise. Aecommodation party defined.— An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. NOTE.— Defendant's accommodation note, payable in bank, was by the payee indorsed to his creditor... | |
 | Maryland - 1904 - 1280 strani
...a defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise. 48. An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. Black v. Bank of Westminster, 96 Md. 416. CHAPTER IV— Negotiation. 49. An instrument is negotiated... | |
 | Commissioners on Uniform State Laws (U.S.). Conference - 1908 - 178 strani
...such fact or not. Section 55 of the Negotiable Instruments Law (Laws 1897, p. 728, c. 612) provides: 'An accommodation party is one who has signed the...instrument knew him to be only an accommodation party.' " The very purpose of the accommodation would be defeated if knowledge of the fact that the responsible... | |
 | Kentucky - 1904 - 384 strani
...whether the failure is an ascertained and liquidated amount or otherwise. § 29. AYi accommodation par% is one who has signed the instrument as maker, drawer,...knew him to be only an accommodation party. ARTICLE III. Negotiation. § 30. An instrument is negotiated when it is trans- I,l^ttic00nMtitute8 ferred from... | |
 | Kentucky - 1904 - 378 strani
...whether the failure is an ascertained and liquidated amount or otherwise. § 29. Aft accommodation pai% is one who 'has signed the instrument as maker, drawer,...knew him to be only an accommodation party. ARTICLE III. Negotiation. § 30. An instrument is negotiated when it is transferred from one person to another... | |
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