 | Ohio. Supreme Court - Law reports, digests, etc - 1910 - 748 pages
..."[Liability of accommodation party.] 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... | |
 | 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
..."An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or endorser, 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... | |
 | 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... | |
 | Law reports, digests, etc - 1905 - 1120 pages
...following provisions : "Sec. 46. 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... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...surety for some other person, who may or may not be a party thereto" and ' accommodation 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,... | |
 | 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... | |
 | Henry Clay Brubaker, Charles Israel Landis, George Ross Eshleman, Issac Clinton Arnold - Law - 1921 - 632 pages
...16, 1901, PL 194, Section 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... | |
 | Oscar Borchardt - Banking law - 1883 - 392 pages
...law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. 28. (1.) An accommodation party to a bill is a person who has signed Accommodaa bill as drawer, acceptor, or indorser, without receiving value therefor, and """ ^J" or... | |
 | Aviet Agabeg, William Frederick Barry - Bills of exchange - 1884 - 286 pages
...person ^art b ' U ° r W ^o nas s lg net ^ a bill as drawer, acceptor, or indorser, ind. Act, s. 43. without receiving value therefor, and for the purpose of lending his name to some other person (a), ind. Act, s. 52. (2). An accommodation party is liable ou the bill to a holder for value; and... | |
 | James Lorimer - Law - 1885 - 688 pages
...discreditable expedients to which it too frequently leads. 1570. [The definition of the Act is — "An accommodation party to a bill is a person who...purpose of lending his name to some other person." Such party is liable to a holder for value, whether the holder knew when he took the bill that he was... | |
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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... 
