 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
 | James Webster Eaton, Frank Bixby Gilbert - 1903 - 872 sider
...87 n. Pre-existing or antecedent debts.—(1) In general.— Under the Negotiable Instruments Law: "An antecedent or pre-existing " debt constitutes value; and is deemed such whether the instru" ment is payable on demand or at a future time." M Independent of the statute it has always... | |
 | 1904 - 1032 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." Brewster v. Shrader, 57 NY Supp. 606, 608, 26 Misc. Rep. 480. Discharge under the insolvent act does... | |
 | 1904 - 982 sider
...against creditors. Bonnet v. Hope Mfg. Co., 28 Ati. 601, 603, 51 NJ Eq. (6 Dick.) 616. HOLDER FOR VALUE. Where value has at any time been given for the instrument, the holder is deemed a holder for value, in respect to all partie* who became such prior to that time. Negotiable Instruments Law, §... | |
 | Edward Voigt, Charles Voigt - 1904 - 836 sider
...support a simple contract. An antecedent or pre-existing debt, discharged, extinguished or extended, constitutes value; and is deemed such whether the...instrument is payable on demand or at a future time. But the indorsement or delivery of negotiable paper as collateral security for a pre-existing debt,... | |
 | Kentucky - 1904 - 378 sider
...consideration sufficient to support a simple contract. xYn antecedent or pre-existing debt constitutes a value, and is deemed such, whether the instrument is payable on demand or at a future time. S 26. Where value has at any time been given for the instrument, the holder is deemed a holder for... | |
 | Kentucky - 1904 - 384 sider
...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-time. S 20. Where value has at any time been given for the instrument, the holder is deemed... | |
 | Maryland - 1904 - 1280 sider
...sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value ; and it is deemed such whether the instrument is payable on demand or at a future time. 45. Where value has at any time been given for the instrument, the holder is deemed a holder for value... | |
 | Charles Monfort Lindsay - 1904 - 204 sider
...to support a simple contract (a). An antecedent or preexisting debt constitutes a value (6), which is deemed such, whether the instrument is payable on demand or at a future time. Eaton and Gilbert., Cam. Paper, 287. Norton, B. & N., 270, 317. Randolph, Com. Paper, § 465. (a) Bank... | |
 | Albert Sidney Bolles - 1905 - 224 sider
...suffice. But, if he should give a 'Value is any consideration sufficient to support a simple contract. An antecedent or pre-existing debt constitutes value,...the instrument, the holder is deemed a holder for value in respect to all parties who became such prior to that time. Where the holder has a lien on... | |
 | Michigan - 1905 - 754 sider
...value. Value defined. SEe. 27. 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. 28. Where value has at any time been given for the Holder for value, instrument, the holder is... | |
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