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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 Digest of the Law of England with Reference to the Conflict of Laws

Albert Venn Dicey - Conflict of laws - 1908 - 883 pages
...whether the bill is payable " on 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..." the bill who became parties prior to such time. [10] "Written" includes printed, and "writing" includes print. [11] (1) An inland bill is a bill which...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Negotiable instruments - 1908 - 212 pages
...on instrument constitutes holder for value. — Where the holder has a lien on the instrument, (a), arising either from contract or by implication of law, he is deemed a holder for value (&), to the extent of his lien (c). (a) In the previous editions of this work the...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - Law - 1908
...that time. [VALUE PRESUMED TO EXTENT OF LIEN.] 27. Whether 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. [ABSENCE OR FAILURE OF CONSIDERATION AS DEFENSE.] ...
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Popular Law Library, Putney...

Albert Hutchinson Putney - Law - 1908
...that time. [VALUE PRESUMED TO EXTENT OP LIEN.] 27. Whether 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. [ABSENCE OR FAILURE OF CONSIDERATION AS DEFENSE.] ...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - Electronic books - 1908 - 206 pages
...on instrument constitutes holder for value. — Where the holder has a lien on the instrument, (a), arising either from contract or by implication of law, he is deemed a holder for value (&), to the extent of his lien (c). (a) In the previous editions of this work the...
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The Negotiable Instruments Law with Comments and Criticisms

Joseph Doddridge Brannan - Bills of exchange - 1908 - 250 pages
...parties who became such prior to that time. Sec. 27. 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 is matter...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - Negotiable instruments - 1910 - 885 pages
...consideration whether the bill is payable on 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...to the bill who became parties prior to such time. 28. Accommodation bill or party. (1) An accommodation party to a bill is a person who has signed a...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - Law - 1910
...decision is stated in the N. L L. in this form: Sec. 27. 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. 115. Same: Judicial explanation. In its opinion in...
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American Law and Procedure, Volume 7

James Parker Hall, James De Witt Andrews - Law - 1910
...decision is stated in the NIL in this form: Sec. 27. 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. 115. Same: Judicial explanation. In its opinion in...
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The Laws of the State of New York Relating to Banks, Banking, Trust ...

Willis Seaver Paine - Banking law - 1910 - 811 pages
...lien on instrument constitutes holder for value. — 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. Cont. Nat. Bank v. Bell, 125 NY 38, 25 NE 1070. 55....
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