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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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The Negotiable Instruments Law Annotated: With References to the English ...

Joseph Doddridge Brannan - 1911 - 372 sider
...any consideration sufficient to support a simple contract, (a) An antecedent or pre-existing debt21 constitutes value; and is deemed such whether the instrument is payable on demand or at a future trme.(&) The Wisconsin Act interpolates "discharged, extinguished or extended" after the word "debt"...
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The Code of Law for the District of Columbia: Enacted March 3, 1901 ...

District of Columbia - 1911 - 552 sider
...or at D. c! App.', STO. a future time. Sec. 1330. WHO is HOLDER FOR VALUE. — Where value Richards has at any time been given for the instrument, the holder is deemed a holder for value in respect to ah1 parties who A _ _ . . " l lo I' • >. o . \j, became such prior to that time....
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Annual Reports of the Secretary of War, Volum 4

United States. War Department - 1912 - 810 sider
...25. VALUE, 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. 26. WHAT CONSTITUTES HOLDER FOR VALUE. — Where value has at any time been given for the instrument,...
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Annual Reports of the War Department, Volum 4

United States. War Department - 1912 - 814 sider
...25. VALUE, 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. 26. WHAT CONSTITUTES HOLDER FOR VALUE. — Where value has at any time been given for the instrument,...
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Cyclopedia of Law ...

Charles Erehart Chadman - 1912 - 666 sider
...[Consideration; what constitutes.] 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. 3171y. [What constitutes holder for value.] Where value has at any time been given for the instrument,...
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Laws Passed at the 1st- Session of the Legislature of the State of South ...

South Dakota - 1913 - 804 sider
...party thereto for value. § 25. Value is any consideration sufficient to support a simple contract. 2. An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time. v § 26. Where value has at any time been given for the instrument,^ the holder is deemed a holder...
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Session Laws

South Dakota - 1913 - 796 sider
...party thereto for value. § 25. Value is any consideration sufficient to support a simple contract. 2. An antecedent or pre-existing debt constitutes value...instrument is payable on demand or at a future time. § 2(i. Where value has at any time been given for the instrument, the holder is deemed a holder for...
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Commentaries on the Law of Contracts: Being a Consideration of the ..., Volum 4

William Frederick Elliott - 1913 - 1180 sider
...Negotiable Instruments Law 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."" Valuable consideration may, "in general terms, be said to consist either in some right, interest, profit...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volum 15

James Smith McMaster - 1912 - 784 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." Sec. 26. " Where value has at any time been given for the instrument, the holder is deemed a holder...
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McMaster's Commercial Decisions Affecting the Banker and Merchant ..., Volum 12

James Smith McMaster - 1909 - 824 sider
...sufficient to support a simple contract. An antecedent or pre-existing debt constitutes a value, which is deemed such, whether the instrument is payable on demand or at a future time." It is admitted that the appellees paid for Bitzer, upon receiving the note, $5,000, which he owned...
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