 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 1181918Uten tilgangsbegrensning - Om denne boken
 | Leslie Jay Tompkins - 1901 - 220 sider
...holder. This question has now been settled wherever the new act obtains, by Sec. 51, which says, " An antecedent or pre-existing debt constitutes value;...instrument is payable on demand or at a future time." This changes the law on this subject in New York State. As stated in the text and several times by... | |
 | United States - 1901 - 934 sider
...value. SEC. 18^9. WHAT is VALUE. — Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt constitutes value,...instrument is payable on demand or at a future time. SEC. 1330. WHO is HOLDER FOR VALUE. — Where value has at any time been given for the instrument,... | |
 | John Jay Crawford - 1902 - 220 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 (&). (a) See Conover v. Stillwell, 34 NJ Law, 54; Eaton v. Libbey, 165 Mass. 218; Whitney v. Clary,... | |
 | Ohio - 1902 - 1048 sider
...[Consideration; what constitutes.] Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt constitutes value;...instrument is payable on demand or at a future time. Sec. 31713'. [What constitutes holder for value.] Where value has at any time been given for the instrument,... | |
 | District of Columbia - 1902 - 400 sider
...authority. Sec. 1329. WHAT is VALUE. — Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt constitutes value,...instrument is payable on demand or at a future time. Sec. 1330. WHO is HOLDER FOR VALUE. — Where value has at any time been given for the instrument,... | |
 | Ohio - 1902 - 1050 sider
...[Consideration; what constitutes.] Value is any consideration sufficient to support a simple contract. An antecedent or preexisting debt constitutes value;...instrument is payable on demand or at a future time. Sec. 31713'. [What constitutes holder for value.] Where value has at any time been given for the instrument.... | |
 | James Smith McMaster - 1903 - 1004 sider
...Section 51 of such act provides: " 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." Standing alone, this provision has not changed the existing law. It was always the law of this State... | |
 | Idaho - 1903 - 494 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... | |
 | Idaho. Supreme Court - 1917 - 932 sider
...of see. 3482, Rev. Codes, "value" is any consideration sufficient to support a simple contract, and an antecedent or pre-existing debt constitutes "value,"...instrument is payable on demand or at a future time. 5. Sec. 3576, Rev. Codes, provides, among other things, that an instrument is discharged by the intentional... | |
 | John Warwick Daniel, Charles Alexander Douglass - 1903 - 1034 sider
...— Value is any consideration sufficient to support a simple contract. An antecedent or pre-eristing debt constitutes value; and is deemed such whether...instrument is payable on demand or at a future time. § 53. What constitutes holder for value. — Where value has at any time been given for the instrument,... | |
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