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... The Federal Reporter - Page 2381922Full view - About this book
| Ohio. Supreme Court - Law reports, digests, etc - 1910 - 748 pages
...An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or indorser, without receiving value therefor, and for the purpose...person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the time of taking the instrument knew him to be... | |
| Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - Law reports, digests, etc - 1909 - 588 pages
...particular sections pertinent to the question are: Section 29: "An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or endorser,...person. Such a person is liable on the instrument to a holder for value, notwithstanding such holder at the time of taking the Instrument knew him to be... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...party" means a person who has signed a bill as drawer, indorser, or acceptor, without receiving value, and for the purpose of lending his name to some other person. ILLUSTRATIONS. 1. A. draws a bill on BB accepts it to accommodate A. It is negotiated. This is an accommodation... | |
| American Bar Association - Law - 1887 - 460 pages
...au accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without 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,... | |
| Law reports, digests, etc - 1905 - 1120 pages
...An accommodation party is one who has signed the Instrument as maker, drawer, acceptor or Indorser, without receiving value therefor, and for the purpose...person. Such a person Is liable on the Instrument to a holder for value, notwithstanding such holder at the time of taking the Instrument knew him to be... | |
| Great Britain - 1882 - 574 pages
...An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without 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,... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...Accommodation \ ' rj bill or party. person who has signed a bill as drawer, acceptor, or indorser, without 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,... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser, without 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,... | |
| W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...;V^ person who has signed a bill as drawer, acceptor, or in- liartydorser without receiving value (a) therefor, and for the purpose of lending his name to some other person (6.) (2.) An accommodation party is liable on the bill to a holder for value ; and it is immaterial... | |
| India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...party' as ' a person, who has signed a bill, as drawer, acceptor or indorser, without receiving value, and for the purpose of lending his name to some other person.'* As on all other bills, the acceptor, is as to holders not parties to the accommodation transaction,... | |
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