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" Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value ; and is deemed such whether the instrument is payable on demand or at a future time. "
Annual Report of the American Bar Association: Including Proceedings of the ... - 1028. lappuse
autors: American Bar Association - 1909
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Reports of Civil and Criminal Cases Decided by the ..., 35. sējums;142. sējums

Kentucky. Court of Appeals, James Hughes, Achilles Sneed, Martin D. Hardin, George Minos Bibb, Alexander Keith Marshall, William Littell, Thomas Bell Monroe, John James Marshall, James Greene Dana, Benjamin Monroe, James P. Metcalfe, Alvin Duvall, William Pope Duvall Bush, John Rodman, Edward Warren Hines, Charles Cyrus Turner, Thomas Lewis Edelen, Thomas Robert McBeath, Robert G. Higdon, T. M. Jones, Amos Hall Eblen - 1911
...sufficient to support a pimple contract. An antecedent or pre-existing debt constitutes a value, which is deemed such, whether the instrument is payable on demand or at a future time." And section 27 of said act further provides that: "Where the holder has a lien on the instrument, arising...
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, 155. sējums

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1909
...Burroughs v. Ploof, 73 Mich. 607; Maynard v. Davis, 127 Mich. 571. Section 27 of the act is as follows: "Value is any consideration sufficient to support...instrument is payable on demand or at a future time." Section 29 provides : "Where the holder has a lien on the instrument, arising either from contract...
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Report of the ... Annual Meeting of the American Bar Association, 2. daļa

American Bar Association - 1906
...or as pledgee. "Purchaser " includes mortgagee and pledgee. "Receipt " means a warehouse receipt. " Value " is any consideration sufficient to support a simple contract. An antecedent or pre-existing obligation, whether for money or not, constitutes value where a receipt is taken either in satisfaction...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 332 lapas
...consideration for the issue or subsequent negotiation of a bill is an antecedent debt, it is immaterial whether the instrument is payable on demand or at a future time." I Hone v. Simt (1830) 1 B. & Ail. nt 526 ; Cf. Burden v. Bcntan (1847), 9 QB 843 ; Uarnblowtr\. Proud...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 1177 lapas
...appears thereon to have become a party thereto for value. §25. WHAT CONSTITUTES CONSIDERATION. — Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. §26. WHAT CONSTITUTES HOLDER FOR VALUE. Where value has at any time been given for the instrument...
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The Southern Reporter, 76. sējums

1918
...among others nominated in the section: "(3) That he took it In good faith and for value." Section 49S2: "An antecedent or pre-existing debt constitutes value,...instrument is payable on demand or at a future time. Where value has at any time been given for the instrument, the holder is deemed a holder for vnlue...
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The Southwestern Reporter, 135. sējums

1911
...sufficient to support a simple contract. An antecedent or pre-existing debt constitutes a value, which is deemed such, whether the instrument is payable on demand or at a future time." And section 27 of said act further provides that : "Where the bolder has a Hen on the instrument, arising...
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The Southwestern Reporter, 97. sējums

1907
...approved March 24, 1904 (Acts 1904, p. 213, c. 102), contains, among others, these provisions: "Sec. 25. Value Is any consideration sufficient to support a...contract. An antecedent or pre-existing debt constitutes a value, and Is deemed such, whether the Instrument Is payable on demand or at a future time. "Sec....
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The Southwestern Reporter, 126. sējums

1910
...when paper Is taken for value In sections 23, 28, and 27 (Russell's St §§ 18851887), It provides: "Value Is any consideration sufficient to support a simple contract An antecedent or рте-existing debt constitutes a value, and Is deemed such, whether the Instrument is payable on...
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The New York Supplement

1903
...the law, unless the negotiable instrument law has changed the same. Section 51 of such act provides: "Value Is any consideration sufficient to support...Instrument is payable on demand or at a future time." Standing alone, this provision has not changed the existing law. It was always the law of this state...
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