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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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A General Act Relative to Negotiable Instruments: (being an Act to Establish ...

Massachusetts - 1898 - 48 lapas
...person whose signature appears thereon to have become a party thereto for value. value, etc. SECTION 25. Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. HoHerfor SECTION 26. Where value has at any time been given for the instrument the holder is deemed...
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Laws of the State of Utah

Utah - 1899 - 206 lapas
...signature appears thereon to have become a party thereto for value. Sec. 25. Consideration Defined. Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. Sec. 26. Holder for Value. Where value has at any time been given for the instrument, the holder is...
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Session Laws of the State of Washington

Washington (State) - 1899 - 476 lapas
...and every person whose signature appears thereon to have become a party thereto for value. SEC. 25. Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. SEC. 26. Where value has at any time been given for the instrument, the holder is deemed a holder for...
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A Treatise on the Law of Commercial Paper: Containing a Full ..., 3. sējums

Joseph Fitz Randolph - 1899 - 1068 lapas
...appears thereon to have become a party thereto for value. Sec. 51 (25). Consideration; What Constitutes. Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. Sec. 52 (26). What Constitutes Holder for Value. Where value has at any time been given for the instrument,...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., 27. sējums

New York (State). Courts - 1899 - 954 lapas
...makes them holders in good faith for value. See § 51, chap. 612, Laws of 1897. Said section reads: " Value is any consideration sufficient to support a...whether the instrument is payable on demand or at a further time." Even without the aid of the law jxist referred to, the plaintiffs were bona fide holders...
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Miscellaneous Reports. Cases Decided in the Courts of Record of ..., 26. sējums

New York (State). Courts - 1899 - 980 lapas
...Consideration, what constitutes. — Value is any consideration sufficient to support a simple contract (a). An antecedent or preexisting debt constitutes value;...instrument is payable on demand or at a future time (b)." The language of this section, when given its usual and ordinary signification, ought to leave...
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Laws of the State of Wisconsin

Wisconsin - 1899 - 856 lapas
...support a simple contract. An ante cedent or pre-existing debt, discharged, extinguished or extended, constitutes value; and is deemed such whether the...instrument is payable on demand or at a future time. Hut the indorsement or delivery of negotiable paper as collateral security for a pre-existing debt,...
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The Negotiable Instrument Law of Wisconsin: Passed at the Session of 1899

Wisconsin - 1899 - 88 lapas
...signature appears thereon to have become a party thereto for value. Value, defined. SECTION 1675-51. Value is any consideration sufficient to support a...simple contract. An antecedent or pre-existing debt, discharged, .extinguished or extended, constitutes value; and is deemed such whether the instrument...
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The New York Supplement, 57. sējums

1899 - 1248 lapas
...them makes them holders in good faith for value. See Laws 1897, c. 612, § 51. Said section reads: "Value Is any consideration sufficient to support a simple contract. An antecedent or pre-existiujr debt constitutes value, and is deemed such, whether the instrument is payable on demand...
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American Bankruptcy Reports: Reporting the Decisions and Opinions ..., 8. sējums

1927 - 1070 lapas
...section 7791 of the Negotiable Instrument Laws of Arkansas, defining the word "value," which follows : "Value is any consideration sufficient to support a simple contract. An antecedent or pre-pxisting debt constitutes value." Likewise, the West Virginia Code, chap. 984, sec. 25, reads:...
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