 Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration ; and every person whose signature appears thereon to have become a party thereto for value.  Southern Reporter - Page 3601921Full view - About this book
 | North Carolina, Thomas Brown Womack, Needham Y. Gulley, William R. Rodman - Law - 1905 - 1412 pages
...the forgery or want of authority. 1899, c. 733, s. 23. V. CONSIDERATION. 2172. Valuable, presumed. Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value. 1899, c. 733, s. 24. 2173. What COnstitutes value. Value is any consideration sufficient to support... | |
 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1905 - 760 pages
...evidence bears thereon as to delivery. Section 50 of the Negotiable Instruments Law is as follows : " Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value." It is also urged on the question of consideration by the defendant that the plaintiff was a young physician... | |
 | Michigan - Session laws - 1905 - 754 pages
..., . J , " , , ,,' . •, ±- 9 for value. facie to have been issued for valuable consideration; ana every person whose signature appears thereon to have become a party thereto for value. Value defined. SEe. 27. Value is any consideration sufficient to support a simple contract. An antecedent... | |
 | Robert Emmet Bunker, Michigan - Bills of exchange - 1905 - 392 pages
...consideration, effect of. Accommodation party, liability of. Sec. 26. Consideration; presumption of.— Every negotiable instrument is deemed prima facie to have been issued for valuable consideration; and every person whose signature appears thereon to have become a party thereto... | |
 | Law - 1906 - 466 pages
...to the effect of the 24th section of the declarative negotiable instrument Act of 1901, PL, 194: " Every negotiable instrument is deemed, prima facie,...thereon to have become. a party thereto for value." The 28th section of the same Act provides that " Absence or failure of consideration is matter of defense... | |
 | District of Columbia - Law - 1906 - 442 pages
...setting up the forgery or want of authority. Sec. 1328. PRESUMPTION OF VALUABLE CONSIDERATION. — Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value. Sec. 1329. WHAT is VALUE. — Value is any consideration sufficient to support a simple contract. An... | |
 | Emilius Oviatt Randall - Negotiable instruments - 1906 - 238 pages
...claimed to have been forged. Ellis v. Bervellier, 15 Ohio 489. (1846.) Re-Subdivision a. CONSIDERATION. for a valuable consideration ; and every person whose...thereon to have become a party thereto for value. The law presumes the existence of a consideration for a promissory note; and this presumption continues... | |
 | New York (State). Courts, Francis Blaine Delehanty (Reporter), Austin B. Griffin (Reporter), Robert George Scherer (Reporter), Edward Jordan Dimock (Reporter), Joseph Albert Lawson (Reporter), Charles Cook Lester (Reporter), William Van Rensselaer Erving (Reporter), Louis J. Rezzemini (Reporter) - Law reports, digests, etc - 1906 - 754 pages
...This burden is met, in the first instance, by presentation and proof of the execution of the note. " Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration." Neg. Insts. Law, § 50. Proof of the note prima, facie established the claimant's cause of action nml... | |
 | West Virginia - Law - 1907 - 710 pages
...is "precluded from setting up the forgery or want of authority. ARTICLE II. Consideration. Sec. 24. Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value. Sec. 25. Value is any consideration sufficient to support a simple contract; an antecedent or pre-existing... | |
 | Illinois - Law - 1907 - 644 pages
...is precluded from setting up the forgery or want of authority. ARTICLE II. — CONSIDERATION. § 24. Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value. § 25. Value is any consideration sufficient to support a simple contract. 2. An antecedent or pre-existing... | |
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