 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
 | Albert Hutchinson Putney - Law - 1908 - 396 pages
...— CONSIDERATION. [CONSIDERATION PRESUMED.] § 24. Every negotiable instrument is deemed prima fade to have been issued for a valuable consideration,...thereon to have become a party thereto for value. [CONSIDERATION — VALUE — PRE-EXISTING CLAIM.] § 25. Value is any consideration sufficient to support... | |
 | Albert H. Putney - Law - 1908 - 394 pages
...— CONSIDERATION* [CONSIDERATION PRESUMED.] § 24. Every negotiable instrument is deemed prima fade to have been issued for a valuable consideration,...thereon to have become a party thereto for value. [CONSIDERATION — VALUE — PRE-EXISTING CLAIM.] § 25. Value is any consideration sufficient to support... | |
 | Joseph Doddridge Brannan - Bills of exchange - 1908 - 276 pages
...is precluded from setting up the forgery or want of authority.4 ARTICLE II. CONSIDERATION. Sec. 24. Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration ; 8 and every person whose signature appears thereon to have become a party thereto for value. 1 The... | |
 | New York (State) - Law - 1909 - 926 pages
...of want of consideration. &5. Liability of accommodation party. § 50. Presumption of consideration. Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value. Formerly L. 1897, ch. «12, § 50. § 51. What constitutes consideration. Value is any consideration... | |
 | Law reports, digests, etc - 1909 - 1164 pages
...for value, and without notice of the defendant's alleged defense. The provisions of the statute that every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value, and every holder deemed prima facie to be a holder in due course (except when shown that the title... | |
 | John James MacLaren - Bills of exchange - 1909 - 658 pages
...or want of authority. ARTICLE III.— CONSIDERATION OF NEGOTIABLE INSTRUMENTS. consideration ; nnd every person whose signature appears thereon to have become a party thereto for value. 51. Consideration, what constitute*.— Value is any consideration sufficient to support a simple contract.... | |
 | Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1909 - 1006 pages
...of the Chicago bank. The ^Negotiable Instrument Act (Va. Code, 1904, sec. 2641a. 24), declares that "every negotiable instrument is deemed prima facie to have been issued for a vahiable consideration, and every person whose signature appears thereon to have become a party thereto... | |
 | James Parker Hall, James De Witt Andrews - Law - 1910 - 484 pages
...consideration is a "matter of defense" which the defendant must prove in order to defeat the action. "Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value" (38). SECTION 3. ACCEPTANCE OF BILLS. § 64. Drawee not bound unless he accepts. If A, complying with... | |
 | Willis Seaver Paine - Banking law - 1910 - 874 pages
...want of consideration. 55. Liability of accommodation party. § 50. Presumption of consideration. — Every negotiable instrument is deemed prima facie...thereon to have become a party thereto for value. § 51. What constitutes consideration. — Value is any consideration sufficient to support a simple... | |
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