| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1920 - 808 pages
...6068, 2 Comp. Laws 1915. This section provides that: "Where the holder has a lien on the instrument, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien." See, also, Graham v. Smith, 155 Mich. 65. We think it... | |
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1909 - 812 pages
...demand or at a future time." Section 29 provides : "Where the holder has a lien on the instrument, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien." We are of the opinion that it was the intention of the... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1920 - 404 pages
...notes which come into his hands for collection (Sec. 27, ss 3, Bills of Exchange Act, 1882). Where a holder of a bill has a lien on it, arising either...implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien. Set-off. The word lien is often used in connection... | |
| Law reports, digests, etc - 1910 - 2132 pages
...on demand or at a future time." Section 27 provides: "Where the holder has a lien on the Instrument, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien." Section 29 declares: "An accommodation party is one... | |
| India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...demand or at a future time. (2.) Where value has at any time been given for a bill the holder is deemed to be a holder for value as regards the acceptor and...implication of 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... | |
| Great Britain - 1882 - 574 pages
...demand or at a future time. (2.) Where value has at any time been given for a bill the holder is deemed to be a holder for value as regards the acceptor and...implication of 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... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1882 - 726 pages
...demand or at a future time. (2.) Where value has at any time been given for a bill the holder is deemed to be a holder for value as regards the acceptor and...arising either from contract or by implication of law, ho is deemed to be a holder for value to the extent of the sum for which ho has a lien. Accommodation... | |
| W. D. Thorburn - Bills of exchange - 1882 - 318 pages
...future time (c). (2.) Where value (d} has at any time been given for a bill the holder (e) is deemed to be a holder for value as regards the acceptor and...to the bill who became parties prior to such time (/). §27. (3.) Where the holder of a bill has a lien on it, arising either from contract or by implication... | |
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1882 - 126 pages
...demand or at a future time. (2.) Where value has at any time been given for a bill the holder is deemed to be a holder for value as regards the acceptor and...to the bill who became parties prior to such time. As an illustration, suppose a holder for value indorses a bill to an agent for collection, the agent... | |
| Oscar Borchardt - Banking law - 1883 - 392 pages
...demand or at a future time. (2.) Where value has at any time been given for a bill the holder is deemed to be a holder for value as regards the acceptor and...implication of 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... | |
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