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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 certificate is taken either in satisfaction thereof or as security therefor. (2) A thing... "
General Laws Relating to the Manufacture and Sale of Gas and Electricity by ... - Side 20
av Massachusetts - 1914 - 252 sider
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New York Bar Examination Questions and Answers

Louis Applebome - 1910 - 468 sider
...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...
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The Law of Negotiable Instruments: Statutes, Cases and Authorities

Ernest Wilson Huffcut - 1910 - 914 sider
...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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Acts of the State of Ohio, Volum 102

Ohio - 1911 - 812 sider
...interest. To "purchase" includes to take as mortgagee or as pledgee. "Purchaser" includes mortgagee and pledgee. "Shares" means a share or shares of stock...either in satisfaction thereof or as security therefor. (2) A thing "is done in good faith" within the meaning of this act, when it is in fact done honestly,...
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Annual Report of the Board of Gas and Electric Light Commissioners ..., Volum 26

Massachusetts. Board of Gas and Electric Light Commissioners - 1911 - 574 sider
...interest. To " purchase " includes to take as mortgagee or as pledgee. " Purchaser " includes mortgagee and pledgee. " Shares " means a share or shares of stock...either in satisfaction thereof or as security therefor. (2) A thing is done in "good faith" within the meaning of this act, when it is in fact done honestly,...
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Laws Enacted in the General Assembly of the Commonwealth of Pennsylvania ...

Pennsylvania. Laws, statutes, etc - 1911 - 1396 sider
...are consistent with this act. "State" includes State, Territory, District, and Insular Possessions of the United States. "Transfer" means transfer of...where a certificate is taken either in satisfaction or as security therefor. Two. A thing is done "in good faith," within *himeaning of this act, when...
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Acts of the State of Ohio, Volum 102

Ohio - 1911 - 812 sider
...of the United States. "Transfer" means transfer of legal title. "Title" means legal title and docs not include a merely equitable or beneficial ownership...either in satisfaction thereof or as security therefor. (2) A thing "is done in good faith" within the meaning of this act, when it is in fact done honestly,...
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The Code of Law for the District of Columbia: Enacted March 3, 1901 ...

District of Columbia - 1911 - 552 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...
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Public Acts of the Legislature of the State of Michigan

Michigan - 1911 - 620 sider
...includes to take as mortgagee and to take as pledgee. "Purchaser" includes mortgagee and pledgee. "ATalue" is any consideration sufficient to support a simple...whether for money or not, constitutes value where a bill is taken either in satisfaction thereof or as security therefor. (2) A thing is done "in good...
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Laws Passed at the Session of the General Assembly of the State of Colorado

Colorado - 1911 - 824 sider
...mortgagee or as pledgee. "Purchaser" includes mortgagee and pledgee. "Receipt" means a warehouse receipt. "Value" is any consideration sufficient to support...antecedent or pre-existing obligation, whether for An antecedent . .«»-». obligation8""* money or not, constitutes value where a receipt is taken constitutes...
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Laws of the State of Delaware

Delaware - 1911 - 862 sider
...every person whose signature appears thereon to have become a party thereto for value. Section 25. 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...
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