 | Michigan - 1909 - 958 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... | |
 | Connecticut, John Elliott - 1909 - 956 lapas
...twenty dozen of the champagne of that brand ' now in my cellar.' For some purposes, this would be re" 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... | |
 | American Bar Association - 1909 - 1198 lapas
...been enacted in thirty-eight states and territories. The Warehouse Receipts Act provides : " Sec. 58. An antecedent or pre-existing obligation whether for money or not, constitutes value where a receipt is taken, either in satisfaction thereof or as security therefor." This has now been enacted... | |
 | 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 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... | |
 | New York (State) - 1909 - 926 lapas
...party thereto for value. Formerly L. 1897, ch. «12, § 50. § 51. 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... | |
 | Commissioners on Uniform State Laws (U.S.). Conference - 1910 - 242 lapas
...only necessary to refer to it now to show the line of cleavage. After years of careful thought, 80 Value is any consideration sufficient to support a...either in satisfaction thereof or as security therefor. (Sec. 22, American Uniform Commercial Acts, p. 131.) examination of authorities and comparison of views... | |
 | United States - 1910 - 886 lapas
...mortgagee or as pledgee. "Purchaser" includes mortgagee and pledgee. "Receipt" means a warehouse receipt. be receipt is taken either in satisfaction thereof or as security therefor. "Warehouseman" means a person... | |
 | Willis Seaver Paine - 1910 - 874 lapas
...appears thereon to have become a party thereto for value. § 51. What constitutes consideration. — Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt constitutes value ; and is deemed such whether the instrument is payable on demand or at a future... | |
 | Louis Applebome - 1910 - 468 lapas
...under the Neg. Inst. Law, sec. 51, it would be a good consideration. This section provides 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... | |
 | Ernest Wilson Huffcut - 1910 - 914 lapas
...value.21 [NOTE. — See Bills of Exchange Act, section 30.] § 51. What constitutes consideration. Value22 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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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 thereof or as security therefor. "Warehouseman"... 
