| Idaho - 1903 - 494 lehte
...amount or otherwise. SEC. 29. An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or indorser, without receiving value...purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the... | |
| International Correspondence Schools - 1903 - 646 lehte
...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 value...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 Webster Eaton, Frank Bixby Gilbert - 1903 - 872 lehte
...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 of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the... | |
| Louis Arthur Goodeve - 1904 - 548 lehte
...held by the creditor.1 The Act of 1882 defines an "accommodation party "as "a person who has signed a bill as drawer, acceptor, or indorser, without receiving...the purpose of lending his name to some other person ; "" and provides that he is liable to a holder for value, whether the holder took the bill with knowledge... | |
| Joseph Chitty - 1904 - 940 lehte
...which he has a lien (k). S. 28. — (1) An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving...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,... | |
| Henry Warren - 1904 - 432 lehte
...describes an accommodation bill thus : ' An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving...purpose of lending his name to some other person.' If, therefore, the drawer and acceptor are both accommodation parties, ' some other person ' who is... | |
| Edward Voigt, Charles Voigt - 1904 - 836 lehte
...Aecommodation party defined.— An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or indorser, without receiving value...purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the... | |
| Maryland - 1904 - 1280 lehte
...liquidated amount or otherwise. 48. An accommodation party is one who has signed the instrument as maker, drawer, acceptor or indorser, without receiving value...purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the... | |
| Kentucky - 1904 - 378 lehte
...amount or otherwise. § 29. Aft accommodation pai% is one who 'has signed the instrument as maker, drawer, acceptor or indorser, without receiving value...purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the... | |
| John A. Meelboom - 1904 - 184 lehte
...ACCOMMODATION BILL. A bill of exchange on which one person has signed as drawer, acceptor, or endorser, without receiving value therefor, and for the purpose...name to some other person — Bills of Exchange Act, Section 28. ACCOUNT CURRENT. An open account to which debits and credits are constantly placed and... | |
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