...out that sec. 26 (2) renders an accommodation party liable on a bill to a holder for value, it being immaterial whether when such holder took the bill...knew such party to be an accommodation party or not. In my opinion this section governs. The plaintiff states that the second and third defendants approached...

...that Bischoffswerder was an accommodation party to the bill, then sect. 28, sub-sect. 2, says that " an accommodation party is liable on the bill to a holder for value," —and by sect. 27, sub-sect. 3, the plaintiffs were holders for value—and then sect. 28 goes on to say,...

..."An accommodation party is one who has signed the instrument as ... 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 value, notwithstanding such holder at the...

...one who has signed the instrument as maker, dra\ver, 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 value, notwithstanding such holder at t"...

...is one who has signed the instrument as maker, drawer, acceptor or endorser, 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 value, notwithstanding such holder at the...

...a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor, and for the purpose of lending his name...knew such party to be an accommodation party or not. 29. Holder in due course. (1) A holder in due course is a holder who has taken a bill, complete and...

...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." Purdon's Pennsylvania Statutes, title 56, sec. 66. Have petitioners carried their burden of proof and...

...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. 3. ID.; ACCOMMODATION NOTE.—An accommodation note is one to which the accommodating party has put...

...a bill is a person who has signed a bill as drawer, acceptor, or indorser, without receiving value therefor, and for the purpose of lending his name to some other person." Three special principles apply to such a bill. First, under s. 28(2), an accommodation party is liable...

...provides that ‘a person who has signed a bill as drawer. acceptor or indorser. without receiving value therefor. and for the purpose of lending his name to some other person . . . is liable on the bill to a holder for value' thereby rendering the so-called accommodation party...