| Frederick Stroud - Encyclopedias and dictionaries - 1903 - 928 pages
...time been given for a Bill, the holder is deemed to be a holder for value as regards the Acceptor aild all parties to the Bill who became parties prior to...implication of law, he is deemed to be a holder for value to the extent of the sum for which he has a lien " (s. 27) ; so, of a Promissory Note (s. 89,... | |
| James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...holder a holder for value pro tanto. Where value has at any time been given for a bill, the holder is a holder for value as regards the acceptor and all parties to the bill prior to such time. It may suffice to observe here, for the sake of the unprofessional reader, that... | |
| Thomas Moffitt Stevens, Herbert Jacobs - Commercial law - 1903 - 536 pages
...liability ; and where value has at any time been given for a bill, the holder for the time being is deemed to be a .holder for value, as regards the acceptor and all parties who became such prior to the time when value was given (s). And as the law does not inquire into the... | |
| Idaho - Electronic journals - 1903 - 494 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. SEC. 28. Absence of failure of consideration is a matter... | |
| John Warwick Daniel, Charles Alexander Douglass - Negotiable instruments - 1903 - 1034 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. § 54. Effect of want of consideration — Absence or... | |
| Transvaal (Colony) - Administrative law - 1904 - 552 pages
...demand or at a future time. (2) Where value has at any time be given for a bill the holder is deemed to be a holder for value as regards the acceptor and...implication of law he is deemed to be a holder for value to the extent of the sum for which he has a lien. 26. (1) An accommodation party to a bill is... | |
| Institute of Bankers (Great Britain) - Banks and banking - 1904 - 721 pages
...must put one reservation on this broad statement. Under the Bills of Exchange Act, Sec. 27, subsec. 3, " where the holder of a bill has a lien on it,...implication of law, he is deemed to be a "holder for value to the extent of the sum for which he has a " lien." A collecting banker is the holder of cheques... | |
| Henry Warren - Banks and banking - 1904 - 432 pages
...valuable consideration for a bill ; and where value has at any time been given, the holder is deemed to be a holder for value as regards the acceptor and...to the bill who became parties prior to such time (BEA, sect. 27 [2]). If A, therefore, accept a bill for B's accommodation, and C give value to B for... | |
| Joseph Chitty - Contracts - 1904 - 940 pages
...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 for value as regards the acceptor and...to the bill who became parties prior to such time. (8) Where the holder of a bill has a lien on it, arising either from contract or by implication of... | |
| A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...or at a future time.0 (2.) Where value has at any time been given for a bill the holder d is deemed to be a holder for value as regards the acceptor and all parties to the bill who become parties prior to such time.6 (3.) Where the holder of a bill has a lien on it, arising either... | |
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