 | John Barnard Byles - Negotiable instruments - 1899 - 664 pages
...person who has tion bill or signed a bill as drawer, acceptor, or indorser, without receiving party. value therefor, and for the purpose of lending his name to some other person. (2) An accommodation party is liable on the bill to a holder for value ; and it is immaterial whether,... | |
 | New York (State) - Law - 1900 - 862 pages
...is an ascertained and liquidated amount or otherwise. § 55. Liability of accommodation party. — An accommodation party is one who has signed the instrument...instrument knew him to be only an accommodation party. (As amended by chap. 337 of 1898, §23.) THE NEGOTIABLE INSTRUMENTS LAW. 4059 Negotiation. §§ 60-«4... | |
 | Melville Madison Bigelow - Checks - 1900 - 396 pages
...exchange for the accommodation of the drawer, and the drawer makes a gift of the bill 1 NIL J 36 : ' An accommodation party is one who has signed the instrument...purpose of lending his name to some other person." to the payee and plaintiff. The defendant is not liable upon his acceptance.1 There is then nothing... | |
 | David Armel Keister - Business - 1900 - 166 pages
...instrument, also the existence of the payee and his then capacity to indorse. 02 . An accomodation indorser is liable on the instrument to a holder for value,...time of taking the instrument knew him to be only an accomodation party. 93 . He would be liable to the same extent as if he had signed in his own name.... | |
 | George Pepler Norton - Textile fabrics - 1900 - 322 pages
...the bill. Accommodation Bills. An accommodation party to a bill is a person who has signed a bill as drawer, acceptor, or indorser without receiving value...purpose of lending his name to some other person. An accommodation party is liable on the bill to a holder for value, and it is immaterial whether when... | |
 | Commerce - 1901 - 620 pages
...are now defined in this State by section 55 of the Negotiable Instruments Law, which is as follows: "An accommodation party is one who has signed the...instrument knew him to be only an accommodation party." This is simply a declaration of the common law as it had previously been established and announced... | |
 | United States - Law - 1901 - 934 pages
...liquidated amount or otherwise. SEC. 1333. ACCOMMODATION PARTIES. — An accommodation party is one wno nas signed the instrument as maker, drawer, acceptor,...instrument knew him to be only an accommodation party. SEC. 1334. NEGOTIATION. — An instrument is negotiated when it is transferred frOm one person to another... | |
 | Pennsylvania. Laws, statutes, etc - Law - 1901 - 1022 pages
...party is one who has Accommodation signed the instrument as maker, drawer, acceptor or in- fM y dorser, without receiving value therefor, and for the purpose...instrument knew him to be only an accommodation party. ARTICLE III. Negotiation. Section 30. An instrument is negotiated when it is Negotiation. transferred... | |
 | Walter A. Shumaker, George Foster Longsdorf - Law - 1901 - 1016 pages
...instrument made or indorsed without consideration for the benefit of another. ACCOMMODATION PARTY. One who has signed the instrument as maker, drawer,...purpose of lending his name to some other person. Neg. Inst. Law NY § 55. ACCOMMODATION ROAD. One constructed to give access to a particular tract of... | |
 | Leslie Jay Tompkins - Checks - 1901 - 220 pages
...who has signed the instrument either as maker, drawer, acceptor, or indorser without receiving any value therefor, and for the purpose of lending his name to some other person. (Sec. 55.) Who may b« an accommodation party. Any person who can make a good contract can be an accommodation... | |
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An accommodation party is one who has signed the instrument as maker, drawer, acceptor or indorser, without receiving value therefor, and for the purpose of lending his name to some other person. Such a person is liable on the instrument to a holder for... 
