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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 Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 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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Acts of the Legislature of West Virginia

West Virginia - 1907 - 710 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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North Carolina Reports: Cases Argued and Determined in the ..., 143. sējums

North Carolina. Supreme Court - 1907 - 888 lapas
...thereafter, such negotiation was within a reasonable time. 6. Under Rev., sec. 2173, which enacts "that an antecedent or pre-existing debt constitutes value,...instrument is payable on demand or at a future time," such an indebtedness is sufficient consideration to constitute one a holder for value within the meaning...
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Law of Defenses in Actions on Commercial Paper: Including the ..., 1. sējums

Joseph Asbury Joyce - 1907 - 1244 lapas
...transactions involved occurred prior to the passage of the Negotiable Inst. Law, which provides that "an antecedent or preexisting debt constitutes value,...instrument is payable on demand or at a future time." Bank v. Johnston, 105 Tenn. 521, 59 SW 131; Negotiable Inst. Law, Art. II, § 25; Shannon's Supp. Code...
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Laws

Illinois - 1907 - 644 lapas
...mortgagee 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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Advertising, and Other Addresses

Francis Bacon James - 1907 - 164 lapas
...in satisfaction thereof, or as security therefor." The proposed Bills of Lading Code provides that, "Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing obligation, whether for money or not, constitutes value where the receipt is taken either in satisfaction...
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Acts and Laws of the State of Connecticut

Connecticut - 1907 - 402 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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Laws Relating to Railroads and Warehouses: Parts of Statutes Concerning ...

Illinois - 1907 - 180 lapas
...mortgagee or as pledgee. "Purchaser" includes mortgagee and pledgee. "Receipt" means 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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Acts of the General Assembly of the State of New Jersey

New Jersey - 1907 - 856 lapas
...means a person who sells or agrees to sell goods, or any legal successor in interest of such person. "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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Acts and Resolutions Passed at the ... Session of the General Assembly of ...

Iowa - 1907 - 404 lapas
...mortgagee 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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