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" Absence or failure of consideration is matter of defense as against any person not a holder in due course; and partial failure of consideration is a defense pro tanto, whether the failure is an ascertained and liquidated amount or otherwise. "
Reports of Cases Argued and Determined in the Ohio Circuit Courts...: Ohio ... - Strana 590
autor/autoři: William John Tossell - 1918
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Popular Law Library, Putney...

Albert H. Putney - 1908 - 394 str.
...lien. [ABSENCE OR FAILURE OF CONSIDERATION AS DEFENSE.] § 28. Absence or failure of consideration is a matter of defense as against any person not a holder...an ascertained and liquidated amount or otherwise. [ACCOMMODATION PAPER — LIABILITIES.] § 29. An accommodation party is one who has signed the instrument...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 276 str.
...Fisher, 98 Mass. 303; Chicopee Bank v. Chapin, 8 Mete. 40. § 54. Effect of want of consideration. — Absence or failure of consideration is matter of defense as against any person not a holder in due course (a) ; and partial failure of consideration is a defense pro tanto (b), whether the failure is an ascertained...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 366 str.
...Fisher, 98 Mass. 303; Chicopee Bank v. Chapin, 8 Mete. 40. § 54. Effect of want of consideration. — Absence or failure of consideration is matter of defense as against any person not a holder in due course (a) ; and partial failure of consideration is a defense pro tanto (b), whether the failure is an ascertained...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 str.
...value to the extent of his lien. Sec. 28. Absence or failure of consideration is matter of defence as against any person not a holder in due course; and partial failure of consideration is a defence pro tanto, whether the failure is an ascertained and liquidated amount or otherwise. 2 Sec....
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The Negotiable Instruments Law with Comments and Criticisms: Reprinted from ...

Joseph Doddridge Brannan - 1908 - 276 str.
...as against any person not a holder in due course ; and partial failure of consideration is a defence pro tanto, whether the failure is an ascertained and liquidated amount or otherwise.2 Sec. 29. An accommodation party is one who has signed the instrument as maker, drawer,...
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Cases Determined in the Supreme Court of Washington, Svazek 53

Washington (State). Supreme Court, Arthur Remington, Solon Dickerson Williams - 1909 - 834 str.
...allegation and would sustain proper proof. Pierce's Code, § 6596 (Laws 1899, p. 340, § 28), provides that: "Absence or failure of consideration is matter of...partial failure of consideration is a defense pro tanto . . ." And in Johnson County Sav. Bank v. Rapp, 47 Wash. 30, 91 Pac. 382, this question was directly...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 str.
...L. 1897, ch. 612, § 53, as am'd by L. 1898, ch. 336, § 5. § 54. Effect of want of consideration. Absence or failure of consideration is matter of defense...partial failure of consideration is a defense pro tan to whether the failure is an ascertained and liquidated amount or otherwise. Formerly L. 1897,...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 str.
...lien. 54. Effect of want of consideration. — Absence or failure of consideration is matter of defence as against any person not a holder in due course : and partial failure of consideration is a defence pro tanto. whether the failure is an ascertained and liquidated amount or otherwise. 55. Liability...
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Journal of the Institute of Bankers, Svazek 30

Institute of Bankers (Great Britain) - 1909 - 718 str.
...want of consideration. It provides that absence or failure of consideration is a matter of defence as against any person not a holder in due course, and partial failure of consideration is a defence pro tanto whether the failure is an ascertained and liquidated amount or otherwise. This, perhaps,...
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New York Bar Examination Questions and Answers

Louis Applebome - 1910 - 468 str.
...value; and is deemed such whether the instrument is payable on •demand or at a future time." (NOTE.) "Absence or failure of consideration is matter of...an ascertained and liquidated amount or otherwise." Sec. 54 of the Neg. Inst. Law. Q. A makes a note for the accommodation of B. B transfers it for value...
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