 | Ohio. Supreme Court - 1910 - 748 pages
...provision (section 3172«) is: "[Liability of accommodation party.] An accommodation party is one who has signed the instrument as maker, drawer, acceptor,...instrument knew him to be only an accommodation party." As to those primarily liable it provides that: "The person primarily liable upon an instrument is the... | |
 | Utah. Supreme Court, Albert Hagan, John Augustine Marshall, John Maxcy Zane, James A. Williams, Joseph M. Tanner, George L. Nye, John Walcott Thompson, August B. Edler, Alonzo Blair Irvine, Harmel L. Pratt, William S. Dalton, H. Arnold Rich - 1909 - 588 pages
..."An accommodation party is one who has signed the instrument as maker, drawer, acceptor, or endorser, without receiving value therefor, and for the purpose...Instrument knew him to be only an accommodation party." Section 60: "The maker of a negotiable instrument by making it engages that he will pay it according... | |
 | American Bar Association - 1887 - 460 pages
...has a lien. SEC. 28. (1) That au 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. (2) An accommodation party is liable on the bill to a holder for value ; and it is immaterial whether,... | |
 | 1905 - 1120 pages
...of said state, contains the following provisions : "Sec. 46. An accommodation party is one who has signed the Instrument as maker, drawer, acceptor or...knew him to be only an accommodation party." "Sec. 69. A holder In due course is a holder who has taken the instrument under the following conditions:... | |
 | 1910 - 2132 pages
...holder for value to the extent of his lien." Section 29 declares: "An accommodation party is one who has signed the instrument as maker, drawer, acceptor or...Instrument knew him to be only an accommodation party." Tested by these statutes, the liability of the defendants under the facts in proof is, I think, too... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1882 - 126 pages
...accommodation party to a bill is a Accommodation \ ' rj bill or party. person who has signed a bill as drawer, acceptor, or indorser, without receiving value...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,... | |
 | Great Britain - 1882 - 574 pages
...which he has a lien. 28. (1.) 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. (2.) An accommodation party is liable on the bill to a holder for value ; and it is immaterial whether,... | |
 | Institute of Bankers (Great Britain) - 1882 - 726 pages
...Accommodation Bill or Party. 28. (1.) 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. (2.) An accommodation party is liable on the bill to a holder for value ; and it is immaterial whether,... | |
 | Henry Clay Brubaker, Charles Israel Landis, George Ross Eshleman, Issac Clinton Arnold - 1921 - 632 pages
...Negotiable Instruments Act of May 16, 1901, PL 194, Section 29, " an accommodation party is one who has signed the instrument as maker, drawer, acceptor or...instrument knew him to be only an accommodation party." He is, however, not liable to the principal to whom he is loaning his name simply as an accommodation.... | |
 | 1910 - 1168 pages
...particular section, we find that It is also declared: "Sec. 29. An accommodation party Is one who has signed the Instrument as maker, drawer, acceptor or...knew him to be only an accommodation party." "Sec. 60. The maker of a negotiable instrument by making it engages that he will pay It according to its... | |
| |
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... 
