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" 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 certificate is taken either in satisfaction thereof or as security therefor. (2) A thing... "
A Handbook of Stock Exchange Laws Affecting Members: Their Customers ... - 222. lappuse
autors: Samuel P. Goldman - 1914 - 290 lapas
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Laws of the State of Indiana, Passed at the ... Session of the General Assembly

Indiana - 1921 - 1060 lapas
...mortgagee or as pledgee. "Purchaser" includes mortgagee and pledgee. "Receipt" means a warehouse receipt. "Value" is any consideration sufficient to support...whether for money or not, constitutes value where a receipt is taken either in satisfaction thereof or as security therefor. "Warehouseman" means a person...
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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 - 812 lapas
...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 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...
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Report of the ... Annual Meeting of the American Bar Association, 30. sējums

American Bar Association - 1906 - 474 lapas
...or as pledgee. "Purchaser " includes mortgagee and pledgee. "Receipt " means a warehouse receipt. " Value " is any consideration sufficient to support...whether for money or not, constitutes value where a receipt is taken either in satisfaction thereof or as security therefor. " Warehouseman " means a person...
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The Southwestern Reporter, 97. sējums

1907 - 1278 lapas
...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 simple 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...
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The Code of Virginia: With the Declaration of Independence and the ...

Virginia - 1899 - 724 lapas
...appears thereon to have become a party thereto for value. §25. WHAT CONSTITUTES CONSIDERATION. — 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...
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The Southwestern Reporter, 126. sējums

1910 - 1386 lapas
...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, 80. sējums

1903 - 1338 lapas
...the law, unless the negotiable instrument law has changed the same. Section 51 of such act provides: "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...
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The Maryland Code: Public General Laws : Adopted by the General Assembly of ...

Maryland - 1898 - 700 lapas
...consideration ; and every person whose signature appears thereon to have become a party thereto for value. 44. Value is any consideration sufficient to support a simple contract. An antecedent or pre existing debt constitutes value ; and it is deemed sucli whether the instrument is payable on demand...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., 48. sējums

New York (State). Courts - 1906 - 800 lapas
...taking the instrument knew him to be only an accommodation party. By section 51 it is provided that " 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...
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Reports of Cases Argued and Determined in the Supreme Court of ..., 54. sējums

Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - 1916 - 880 lapas
...definition of what constitutes value, as defined by section 4075, Rev. Laws 1910. Said section reads : "Value is any consideration sufficient to support a simple contract. An antecedent or p're-existing debt constitutes value, and is deemed such whether the instrument is payable on demand or at a future...
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