 | Howard Irving Smith - 1903 - 560 페이지
...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 - 560 페이지
...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 페이지
...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 페이지
...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 페이지
...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 페이지
...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 페이지
...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 페이지
...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,...instrument knew him to be only an accommodation party. ARTICLE III. Negotiation. § 30. An instrument is negotiated when it is trans- I,l^ttic00nMtitute8... | |
 | United States. Tax Court - 1954 - 1170 페이지
...California, Dlv. 3, pt. 4, tit. 15, ch. 1, art. 2, sec. 3110 provides: • • • An accommodation party la one who has signed the Instrument as maker, drawer,...receiving value therefor, and for the purpose of lending hla name to some other person. Such person Is liable on the Instrument to a holder for value, notwithstanding... | |
 | 1925 - 1636 페이지
...connection it may be noted that § 29 of the Uniform Negotiable Instruments Act provides as follows: "An accommodation party is one who has signed the...holder at the time of taking the instrument knew him only to be an accommodation party." In construing this provision in a case where one indorsed a note,... | |
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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... 
