Accommodation Paper

Dictionary: 
Black's Law Dictionary: 2nd Edition

An accommodation bill or note is one to which the accommodating party, be he acceptor, drawee or indorsee, has put his name, without consideration, for the purpose of benefiting or accommodating seme other party who desires to raise money on it, and is to provide for the bill when due. Miller v. Lamed, 103 111. 562; Jefferson County v. Burlington & M. In Co., 66 Iowa, 385, 16 N. W. 561, 23 N. W. 899; Gillmann v. Henry, 53 Wis. 465, 10 N. W. 692; Peale v. Addicks, 174 Pa. 543, 34 Atl. 201.

Author: 
Henry Campbell Black, M.A.
Publisher: 
West Publishing Company
Year Published: 
1910
Genre: 
Law Dictionary