 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1909 - 812 σελίδες
...Burroughs v. Ploof, 73 Mich. 607; Maynard v. Davis, 127 Mich. 571. Section 27 of the act is 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... | |
 | Virginia - 1899 - 724 σελίδες
...appears thereon to have become a party thereto for value. §25. WHAT CONSTITUTES CONSIDERATION. — 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... | |
 | 1907 - 1278 σελίδες
...approved March 24, 1904 (Acts 1904, p. 213, c. 102), contains, among others, these provisions: "Sec. 25. Value Is any 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... | |
 | 1910 - 1386 σελίδες
...when paper Is taken for value In sections 23, 28, and 27 (Russell's St §§ 18851887), It provides: "Value Is any consideration sufficient to support a simple contract An antecedent or рте-existing debt constitutes a value, and Is deemed such, whether the Instrument is payable on... | |
 | 1903 - 1338 σελίδες
...the law, unless the negotiable instrument law has changed the same. Section 51 of such act provides: "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... | |
 | Maryland - 1898 - 700 σελίδες
...consideration ; and every person whose signature appears thereon to have become a party thereto for value. 44. Value is any consideration sufficient to support a simple contract. An antecedent or pre existing debt constitutes value ; and it is deemed sucli whether the instrument is payable on demand... | |
 | Oklahoma. Supreme Court, Edward Bell Green, Frank Dale, John Henry Burford, Robert Lee Williams, Matthew John Kane, Howard J. Parker, Charles Winfield Van Eaton - 1916 - 880 σελίδες
...definition of what constitutes value, as defined by section 4075, Rev. Laws 1910. Said section reads : "Value is any consideration sufficient to support a simple contract. An antecedent or p're-existing debt constitutes value, and is deemed such whether the instrument is payable on demand or at a future... | |
 | New York (State). Courts - 1906 - 800 σελίδες
...taking the instrument knew him to be only an accommodation party. By section 51 it is provided that " 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... | |
 | New York (State). Supreme Court. Appellate Division - 1912 - 1096 σελίδες
...Bank, 129 Mass. 358.) The Negotiable Instruments Law provides: "§51. What constitutes consideration. 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... | |
 | Iowa. General Assembly. House of Representatives - 1897 - 1164 σελίδες
...and every person whose signature appears thereon to have become a party thereto for value. Sec. 32. 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 oit demand or at a future... | |
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Person" includes a corporation or partnership or two or more persons having a joint or common interest. To "purchase" includes to take as mortgagee and to take as pledgee. 
