"Value" is any consideration sufficient to support a simple contract. An antecedent or pre-existing obligation, whether for money or not, constitutes value where a certificate is taken either in satisfaction thereof or as security therefor. (2) A thing is done "in good faith" within the meaning of this Act, when it is in fact done honestly, whether it be done negligently or not. Section 23. The provisions of this Act apply only to certificates issued after the taking effect of this Act. Section 24. All Acts or parts of Acts inconsistent with this Act are hereby repealed. Section 25. This Act shall take effect on the ... .day of Section 26. This Act may be cited as the Uniform Stock Transfer Act. DIVISION H BANKRUPTCY Chapter 103. The History and Purposes of Bankruptcy Legislation. The Courts and Officers in Bankruptcy. Chapter 104. Chapter 105. Chapter 106. Acts of Bankruptcy. Chapter 107. Chapter 108. The Petition and Proceedings Thereon. Chapter 109. Claims Against Estate. Chapter 110. Duties and Rights of Bankrupt. CHAPTER 103 THE HISTORY AND PURPOSES OF BANKRUPTCY LEGISLATION § 791. Definition of bankruptcy. § 792. History of bankruptcy. § 793. Legislative jurisdiction of the subject of bankruptcy in the United States. § 794. The extent of the Federal power; constitutionality of present act. § 795. History of bankruptcy laws in the United States. § 796. Function of bankruptcy act to benefit creditors. § 797. Function of bankruptcy act to benefit the debtor. § 798. Kind of obligations discharged. § 799. Brief view of proceedings under present law. § 791. (Bankruptcy, Sec. 1.) Definition of bankruptcy. Case 772. Remington on Bankruptcy, 3rd Ed. Excerpts, pages 1, 2, 18, 19. "To gain a proper conception of bankruptcy law and of its place in jurisprudence, it is well first to exclude |