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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... "
The Maryland Code: Public General Laws : Adopted by the General Assembly of ... - Page 30
by Maryland - 1898
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Report of the Commissioners for Consolidating and Arranging the ..., Parts 1-74

Massachusetts. Commissioners for Consolidating and Arranging the Public Statutes - Law - 1901 - 692 pages
...signed A™°™ 2 the instrument as maker, drawer, acceptor or indorser, without i«w,533,§'29. 3 receiving value therefor, and for the purpose of lending his name to brick; 547. 4 some other person. Such a person is liable on the instrument to a ?« Met.8sii. 5 holder...
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Acts of the State of Ohio, Volume 95

Ohio - Session laws - 1902 - 1050 pages
...an ascertained and liquidated amount or otherwise. Sec. 31720. [Liability of accommodation party.] An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. RE-SUBDIVISION .3. Negotiation. son to another in such marmer as to constitute the transferee the holder...
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Acts of the State of Ohio, Volume 95

Ohio - Session laws - 1902 - 1048 pages
...an ascertained and liquidated amount or otherwise. Sec. 31720. [Liability of accommodation party.] An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. RE-SUBDIVISION 3. Negotiation. son to another in such manner as to constitute the transferee the holder...
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The Code of Law for the District of Columbia: Enacted March 3, 1901; Amended ...

District of Columbia - Law - 1902 - 400 pages
...failure is an ascertained and liquidated amount or otherwise. Sec. 1333. ACCOMMODATION PARTIES. — An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. Sec. 1334. NEGOTIATION. — An instrument is negotiated when it is transferred from one person to another...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1902 - 220 pages
...constitute one a holder in due course, see sections 52-56. § 55. Liability of accommodation party.—An accommodation party is one who has signed the instrument...the purpose of lending his name to some other person (a). Such a person is liable on the instrument to a holder for value, notwithstanding such holder at...
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The Scots Statutes Revised ...: The Public General Statutes Affecting ...

Scotland - Law - 1900 - 594 pages
...ACCOMMODATION BILL OB 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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A Treatise on the Law of Negotiable Instruments, Volume 2

John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 pages
...failure is an ascertained and liquidated amount or otherwise§ 55. Liability of accommodation party — An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. * The numbers of the sections of this article in other States than New Yorl are as follows: 'Arizona,...
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General Laws of the State of Idaho ...

Idaho - Electronic journals - 1903 - 494 pages
...defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise. SEC. 29. An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. ARTICLE III.— Negotiation. SEC 30. An instrument is negotiated when it is transferred from one person...
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A Treatise on Commercial Paper and the Negotiable Instruments Law: Including ...

James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...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...
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Smith's Financial Dictionary

Howard Irving Smith - Finance - 1903 - 560 pages
...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...
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