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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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United States Statutes at Large, Volume 76, Part 1

United States - Law - 1962
...that time. 4334. Lien holder as 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. 4335. Want of consideration ; effect Absence or failure...
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McKinney's Consolidated Laws of New York Annotated: With ..., Book 37

New York (State) - Law - 1917
...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. This section was derived from the Negotiable Instruments...
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Annual Report of the Illinois State Bar Association

Illinois State Bar Association - Bar associations - 1899
...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 Hen. SEC. 28. Absence or failure of consideration is matter...
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The Law Times Reports: Containing All the Cases Argued and ..., Volume 85

Law reports, digests, etc - 1902
...which enacts that valuable consideration for a. bill of exchange may be constituted where the bolder has a lien on it, arising either from contract or by implication of law, and he is then deemed to be a holder for value to the extent of the sum for which he has a lien. It...
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Reports of Civil and Criminal Cases Decided by the ..., Volume 16; Volume 123

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell, Thomas Bell Monroe, John James Marshall, James Greene Dana, Benjamin Monroe, James P. Metcalfe, Alvin Duvall, William Pope Duvall Bush, John Rodman, Edward Warren Hines, Charles Cyrus Turner, Thomas Lewis Edelen, Thomas Robert McBeath, Robert G. Higdon, T. M. Jones, Amos Hall Eblen - Law reports, digests, etc - 1908
...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. 52. A holder in due course is a holder who has...
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Reports of Cases Decided in the Supreme Court of the State of ..., Volume 42

North Dakota. Supreme Court, Hiram A. Libby, Robert Milligan Carothers, Robert Dimon Hoskins, Edgar Whittlesey Camp, John McDowell Cochrane, Ames Francis Wilbur, Joseph Coghlan, Edwin James Taylor - Court rules - 1921
...Compiled Laws of 1913, it is expressly provided that where the holder has a lien on the instrument arising either from contract or by implication of...is deemed to be a holder for value to the extent of his lien. Under 6936, Compiled Laws 1913, every holder of an instrument is given the right to sue...
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The Acts of the Parliament of Queensland

Queensland - Session laws - 1884
...demand or at a future time. (2.) Where value has at any time been given for a bill the holder is doomed to be a holder for value as regards the acceptor and...implication of law, he is deemed to be a holder for -^al-tie to the extent of the sum for which he has a lien. 29. (1.) An accommodation party to a bill...
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Reports of Cases Determined in the Courts of Appeal of the State ..., Volume 53

Law reports, digests, etc - 1923
...instrument law. Section 3108 of our Civil Code now reads: "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." [9] A person to whom a promissory note has been indorsed...
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Annual Report of the Pennsylvania Bar Association, Volume 5

Pennsylvania Bar Association - Bar associations - 1899
...instrument is payable on demand or at a future 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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Proceedings ..., Volume 21

New York State Bar Association - Bar associations - 1898
...collating with section 51, section 53, which is as follows: " 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." Under this section, a person to whom a negotiable instrument...
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