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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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The Customer's Guide to Banking

Henry Warren - Banks and banking - 1904 - 432 pages
...a person who gives 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...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...
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A Commentary on the Bills of Exchange Act, 1882 (45 and 46 Victoria, Cap. 6l)

A. M. Hamilton - Bills of exchange - 1904 - 354 pages
...on demand 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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Acts of the General Assembly of the Commonwealth of Kentucky, Passed

Kentucky - Law - 1904 - 384 pages
...all parties who became such prior to that time. ? 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. § 28. Absence or failure of consideration is a matter...
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Acts Passed at the ... Session of the General Assembly for the Commonwealth ...

Kentucky - Session laws - 1904 - 378 pages
...all parties who became such prior to that time. ? 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. § 28. Absence or failure of consideration is a matter...
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The Maryland Code, Public General Laws, Codified, Volume 1

Maryland - Law - 1904 - 1280 pages
...that time. Black v. Bank of Westminster, 96 Md. 416. 46. 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. 47. Absence or failure of consideration is matter of...
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The Business Law of Wisconsin: With a Collection of Practical Forms for the ...

Edward Voigt, Charles Voigt - Commercial law - 1904 - 836 pages
...fact well founded or not. When holder has lien.— Where the holder has a lien on the instruments, arising either from contract or by implication of law, he is deemed a holder for value to the extent of his lien. NOTE.— A holder as collateral for value is one in due...
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The Home Library of Law ...

Albert Sidney Bolles - Law - 1905 - 224 pages
...respect to all parties who became such prior to that time. 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. Absence or failure of consideration is matter of defence...
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The Negotiable Instruments Law

Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 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.1 1— Compare Bills of Exchange Act, sec. 27 (3). A lien...
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Revisal of 1905 of North Carolina: Prepared Under Chapter Three ..., Volume 1

North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...2175. Holder of lien, holder for value to extent of lien. 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. 1899, c. 733, s. 27. 2176. Absence or failure of, as...
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Banking and Negotiable Instruments: A Manual of Practical Law

Sir Frank Tillyard - Banking law - 1906 - 412 pages
...to support a simple contract, or (b) an antecedent debt or liability. If value has at any time been given for a bill, the holder is deemed to be a holder...to the bill who became parties prior to such time. When the holder of a bill has a lien on it, he is a holder for value to the extent of his lien. An...
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