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" 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. "
Statutory Proclamations of the Transvaal, 1900-1902: (revised to 31st ... - Page 223
by Transvaal (Colony) - 1904 - 531 pages
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A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-notes and ...

Walter John Barnard Byles - Negotiable instruments - 1899 - 582 pages
...holder a holder for value -pro tanto. Where value has at any time been given for a bill, the holder is a holder for value as regards the acceptor and all parties to the bill prior to such time. It may suffice to observe here, for the sake of the unprofessional reader, that...
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Session Laws of the State of Washington

Washington (State) - Law - 1899
...parties who became such prior to that time. SEC. 27. Where the holder has a lieu 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. SEC. 28. Absence or failure of consideration is matter...
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Laws of the State of Utah

Utah - 1899
...became such prior to that time. Sec. 27. Lien Holder. 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. Sec. 28. Absence or Failure of Consideration. Absence...
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The Law of Bills, Notes, and Cheques

Melville Madison Bigelow - Checks - 1900 - 349 pages
...all parties who became such prior to that time. 34. 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. 35. Absence or failure of consideration is matter...
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General Laws of New York: Containing All Amendments to the Close ..., Volume 3

New York (State) - Law - 1900
...lien on instrument constitutes holder for value. — Where the holder has alien 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. (As amended by chap. 336 of 1898, g.) 54. Effect...
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The Ontario Law Reports: Cases Determined in the Court of Appeal ..., Volume 32

Law reports, digests, etc - 1915
...the case is governed by sec. 54, sub-sec. 2, of the Bills of Exchange Act, which reads as follows: "Where the holder of a bill has a lien on it, arising...he is deemed to be a holder for value to the extent i or which he has a lien." The cases are not in accord as to whether a bank, when a special lien has...
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The New South Wales Lawyer: A Hand-book of the Every-day Laws of this State ...

H. V. Edwards - Law - 1901 - 320 pages
...contracts in general. The Act also declares that where valuable consideration has at any time been given for a bill, the holder is deemed to be a holder...acceptor and all parties to the bill who became parties before such time. ACCOMMODATION BILLS. when he took the bill ; if he is compelled to pay the bill the...
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The Ontario Law Reports: Cases Determined in the Court of Appeal ..., Volume 19

Law reports, digests, etc - 1910
...Act, under which Royal Bank of Scotland v. Tottenham was decided. Value having been once given for the bill, the holder is deemed to be a holder for value as regards all parties to the bill who became parties prior to such time: sec. 54. The evidence shews that the...
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Laws enacted in the general assembly of the commonwealth

1901
...became such prior to that time. Section 27. Where the holder has a lien on the in- un. strument, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien. Section 28. Absence or failure of consideration is Failure....
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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
...time. 3 -to extent of SECTION 44. Where the holder has a lien on the instrument, 1 18%; 533, 27. arising either from contract or by implication of law, he is deemed 2 s Met. '40. ' a holder for value to the extent of his lien. asMass.sos. leeMass. 45. 3 1 Allen, 303,...
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