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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. "
The Southern Reporter - Side 118
1918
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Acts of the General Assembly of the State of Alabama

Alabama - 1907 - 1034 sider
...thereto for value. Section 25. Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value,...instrument is payable on demand or at a future time. Section 26. Where value has at any time been given for the instrument, the holder is deemed a holder...
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Acts of the Legislature of West Virginia

West Virginia - 1907 - 710 sider
...party thereto for value. Sec. 25. Value is any consideration sufficient to support a simple contract; an antecedent or pre-existing debt constitutes value,...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 Legislative Assembly of the Territory of New Mexico, Session...

New Mexico - 1907 - 406 sider
...party thereto for value. Sec. 25. Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value;...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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Laws

Illinois - 1907 - 644 sider
...constitutes value where an instrument is taken either in satisfaction therefor or as security therefor and is deemed such, whether the instrument is payable on demand or at a future time. § 26. Where value has at any time been given for the instrument, the holder is deemed a holder for...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 276 sider
...Consideration, what constitutes. — Value is any consideration sufficient to support a simple contract (a). An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time (fc). (a) See Conover v. Stillwell, 34 NJ Law, 54 ; Eaton v. Libbey, 165 Mass. 218; Whitney v. Clary,...
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The Negotiable Instruments Law: From the Draft Prepared for the ...

John Jay Crawford - 1908 - 366 sider
...Consideration, what constitutes. — Value is any consideration sufficient to support a simple contract (a). An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time (b). (a) See Conover v. Stillwell, 34 NJ Law, 54 ; Eaton v. Libbey, 165 Mass. 218; Whitney v. Clary,...
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The Negotiable Instruments Law: With Comments and Criticisms

Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan - 1908 - 276 sider
...Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt 1 constitutes value; and is deemed such whether the...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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Popular Law Library, Putney...

Albert H. Putney - 1908 - 394 sider
...constitutes value where an instrument is taken either in satisfaction therefor or as security therefor and is deemed such, whether the instrument is payable on demand or at a future time. [HOLDER TOR VALUE.] § 26. Where value has at any time been given for the instrument, the holder is...
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Bills and notes. Guaranty and suretyship. Insurance. Bankruptcy

Albert Hutchinson Putney - 1908 - 396 sider
...constitutes value where an instrument is taken either in satisfaction therefor or as security therefor and is deemed such, whether the instrument is payable on demand or at a future tune. [HOLDER FOR VALUE.] § 26. Where value has at any time been given for the instrument, the holder...
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The Consolidated Laws of the State of New York, 1909: Prepared Under the ...

New York (State) - 1909 - 926 sider
...What constitutes consideration. Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time. Formerly L. 1897, ch. 612, § 51. § 52. What constitutes holder for value. Where value has at any...
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