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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 ... - 1032. lappuse
autors: American Bar Association - 1909
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Acts of the General Assembly of the State of New-Jersey

New Jersey - 1907 - 850 lapas
...mortgagee or pledgee. "Quality of goods" includes their state or condition. LAWS, SESSION OF 1907. "Value" is any consideration sufficient to support a simple contract. An antecedent or pre-existing claim, whether for money or not, constitutes value where goods or documents of title are taken either...
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The Law of Warehouse Receipts: Chapter 582, Acts of 1907

Massachusetts - 1907 - 24 lapas
...as pledgee. " Purchaser " includes mortgagee and pledgee. " Eeceipt " 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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Reports Presented to the General Assembly ..., 2. daļa

Rhode Island - 1907 - 1310 lapas
...Specific goods " mean goods identified and agreed upon at the time a contract to sell or a sale is made. " Value " is any consideration sufficient to support a simple contract. An antecedent or pre-existing claim, whether for money or not, constitutes value where goods or documents of title are taken either...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 366 lapas
...Consideration, what constitutes. — Value is any consideration sufficient to support a simple contract (a). An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time (b). (a) See Conover v. Stillwell, 34 NJ Law, 54 ; Eaton v. Libbey, 165 Mass. 218; Whitney v. Clary,...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 276 lapas
...Consideration, what constitutes. — Value is any consideration sufficient to support a simple contract (a). An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time (fc). (a) See Conover v. Stillwell, 34 NJ Law, 54 ; Eaton v. Libbey, 165 Mass. 218; Whitney v. Clary,...
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Popular Law Library, Putney...

Albert H. Putney - 1908 - 394 lapas
...constitutes value where an instrument is taken either in satisfaction therefor or as security therefor and is deemed such, whether the instrument is payable on demand or at a future time. [HOLDER TOR VALUE.] § 26. Where value has at any time been given for the instrument, the holder is...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - 1908 - 396 lapas
...constitutes value where an instrument is taken either in satisfaction therefor or as security therefor and is deemed such, whether the instrument is payable on demand or at a future tune. [HOLDER FOR VALUE.] § 26. Where value has at any time been given for the instrument, the holder...
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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 lapas
...affect the ratification of an unauthorized signature not amounting to a forgery." BEA s. 24. Sec. 25. Value is any consideration sufficient to support a...simple contract. An antecedent or preexisting debt 1 constitutes value; and is deemed such whether the instrument is payable on demand or at a future...
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Acts and Resolves Passed by the General Court of Massachusetts

Massachusetts - 1908 - 1204 lapas
...goods " means goods identified and agreed upon at the time a contract to sell or a sale is made. " Value " is any consideration sufficient to support a simple contract. An antecedent or pre-existing claim, whether for money or not, constitutes value where goods or documents of title are taken either...
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Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ...

John James MacLaren - 1909 - 658 lapas
...signature appears thereon to have become a party thereto for value. 51. Consideration, what constitute*.— Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. 52. What constitute! holder for value. — Where value has at any time been given for the instrument,...
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