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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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The New York Supplement, 142. sējums

1913 - 1290 lapas
...Legislation in the United States. That law provides : Section 51 : "What Constitutes Consideration. — Value Is any consideration sufficient to support a...and is deemed such whether the Instrument is payable oil demand or at a future time." Section 52 : "What Constitutes Holder for Value. — Where value has...
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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...instrument is payable on demand or at a future time." "With regard to these provisions of the law, the Appellate Division, in Sutherland v. Mead, 80 App....
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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...instrument is payable on demand or at a future time." It therefore clearly appears that the giving of said instruction, especially in view of the fact that...
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Reports of Cases Heard and Determined in the Appellate Division ..., 145. sējums

New York (State). Supreme Court. Appellate Division - 1912 - 1096 lapas
...Bank, 129 Mass. 358.) The Negotiable Instruments Law provides: "§51. What constitutes consideration. Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. § 52. What constitutes holder for value. Where value has at any time been given for the instrument,...
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A Digest of the Law of Bills of Exchange, Promissory Notes, Cheques, and ...

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1896 - 530 lapas
...absolute or conditional, the strong presumption being in favour of conditional payment.2 It is immaterial whether the instrument is payable on demand or at a future time. " The title of a creditor," says Lush, J., " to a bill given on account of a pre-existing debt, and...
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Laws of the State of New York, 2. sējums

New York (State) - 1897 - 996 lapas
...appears thereon to have become a party thereto for value. § 51. Consideration, what constitutes. — Value is any consideration sufficient to support a...instrument is payable on demand or at a future time. § 52. What constitutes holder for value. — Where value has at any time been given for the instrument,...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1897 - 434 lapas
...to have become a party thereto for value. Sec. 25. Value is any consideration sufficient to Vaiue. support a simple contract. An antecedent or preexisting...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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Journal of the House of Representatives of the ... Regular Session of the ...

Iowa. General Assembly. House of Representatives - 1897 - 1164 lapas
...and every person whose signature appears thereon to have become a party thereto for value. Sec. 32. Value is any consideration sufficient to support a...and is deemed such whether the instrument is payable oit demand or at a future time. Sec. 33. Where value has at any time been given for the instrument,...
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Acts and Resolutions Adopted by the Legislature of Florida

Florida - 1897 - 426 lapas
...behalf of principal. Procuration. Indorsement by corporation or infant. Forpod signature. SEC. 25. Value is any consideration sufficient to support a...simple contract. An antecedent or pre-existing debt con- whatconstistitutes value; and is deemed such whether the instrument is payable on demand or at...
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