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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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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - Negotiable instruments - 1911 - 208 pages
...parties who became such prior to that time. Sec. 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. and partial failure of consideration i8 a defense pro...
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The Negotiable Instruments Law Annotated: With References to the English ...

Joseph Doddridge Brannan - Bills of exchange - 1911 - 330 pages
...Rosenberg, 62 Misc. R. 285, 114 NY Supp. 1025. 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. Brooks v. Sullivan, 129 NC 190, 39 SE 822, SQ sec. 25;...
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Lawyers' Reports Annotated, Book 31

Law reports, digests, etc - 1911
...on the question of the provision to the eilect that where the holder has a lien on the instrument, arising either from contract or by implication of law, he is deemed the holder for value to the extent of his lien, although that provision seems especially pertinent...
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The Law of Negotiable Paper: Containing the Text of the Uniform Negotiable ...

Alfred William Bays - Negotiable instruments - 1911 - 208 pages
...parties who became such prior to that time. Sec. 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. and partial failure of consideration is a defense pro...
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Cyclopedia of Law ...

Charles Erehart Chadman - Law - 1912
...[When 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. Sec. 3172. [Effect of want of consideration.] Absence...
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Annual Reports of the Secretary of War, Volume 4

United States. War Department - 1912
...LIEN ON INSTRTJMENT 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. SEC. 28. EFFECT OF WANT OF CONSIDERATION.— Absence...
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Annual Reports of the War Department, Volume 4

United States. War Department - 1912
...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. SEC. 28. EFFECT OF WANT OF CONSIDERATION. — Absence...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volume 12

James Smith McMaster - 1909
...constitutes value. Section 29 (page 395) 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. Held, that a person holding a note as collateral security...
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Session Laws

South Dakota - Session laws - 1913
...parties who became such prior to that time. 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. 28. Absence or failure of consideration is a matter...
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The Saskatchewan Law Reports, Volume 7

Law reports, digests, etc - 1915
...antecedent debt or liability. Section 54 provides that Where value has, at any time, been given for the bill, the holder is deemed to be a holder for value...to the bill who became parties prior to such time. Section 56 is as follows:— A holder in due course is a holder who has taken a bill, complete and...
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