| Indiana - 1921 - 1060 sider
...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... | |
| Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1909 - 812 sider
...Burroughs v. Ploof, 73 Mich. 607; Maynard v. Davis, 127 Mich. 571. Section 27 of the act is 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... | |
| American Bar Association - 1906 - 474 sider
...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... | |
| Virginia - 1899 - 724 sider
...appears thereon to have become a party thereto for value. §25. 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... | |
| 1907 - 1278 sider
...approved March 24, 1904 (Acts 1904, p. 213, c. 102), contains, among others, these provisions: "Sec. 25. Value Is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes a value, and Is deemed such, whether the Instrument Is payable on demand or at a future... | |
| 1910 - 1386 sider
...when paper Is taken for value In sections 23, 28, and 27 (Russell's St §§ 18851887), It provides: "Value Is any consideration sufficient to support a simple contract An antecedent or рте-existing debt constitutes a value, and Is deemed such, whether the Instrument is payable on... | |
| 1903 - 1338 sider
...the law, unless the negotiable instrument law has changed the same. Section 51 of such act provides: "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... | |
| Maryland - 1898 - 700 sider
...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... | |
| New York (State). Courts - 1906 - 800 sider
...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 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... | |
| 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 sider
...definition of what constitutes value, as defined by section 4075, Rev. Laws 1910. Said section reads : "Value is any consideration sufficient to support a simple contract. An antecedent or p're-existing debt constitutes value, and is deemed such whether the instrument is payable on demand or at a future... | |
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