A Digest of the Law of Bills of Exchange, Promissory Notes, Cheques, And Negotiable Securities

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& W. 851.
s Yates v. Hoppe (1850), 19 L. J. C. P. 180.
s Sleigh v. ^Sleigh (1860), 5 Exoh. 514 ; but see Ex parte Bishop (1880), 15 Ch. D. at pp. 410, 417, C. A.
•• Stratton v. Mathews (1848), 3 Exch. 48 ; BaJcer v. MaHin (1848), 3 Barb 634 New Tork, accommodation indorser ; cf. BagnaU v. Andrews (1830), 7 Bing. at p. 222 ; Garrard v. Cottrell (1847), 10 Q. B. 679. Aliter if the 'action be defended without reasonable cause ; Soaeh v. Thompson (1830), M. & M. 487 ; Beech v. Jones (1848), 5 C. B.
... 696.
5 Ex parte Ewropean Bank (1871), L. R. 7 Ch. 103.
6 Bechervaise v. Lewis (1872), L. B. 7 C. P. at p. 377 ; Gray v. Sechham (1872), L. R. 7 Ch. 680.
7 Batsonf. ffi«^(1859), 4 H. & N. 739.
198 Bills of Exchange Act, 1882.
§ 58. Where two or more persons become parties to a bill to accommodate some third party, their rights and liabilities between themselves are those of co-sureties, and must be determined irrespective of the position of their names on the instrument. 1 For example : — A bUi is drawn by one person and indorsed by another for the accommodation of the acceptor.


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