 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
 | David Thomas Marvel, John W. Houston, Samuel Maxwell Harrington, James Pennewill, William Henry Boyce, William Watson Harrington, Charles L. Terry, William J. Storey - Law reports, digests, etc - 1915 - 722 pages
...prior parties, and free from defences available to prior parties among themselves, etc. By section 24 every negotiable instrument is deemed prima facie...thereon, to have become a party thereto for value; and by section 28 absence or failure of consideration is matter of defense as against any person not... | |
 | Pennsylvania Bar Association - Bar associations - 1899 - 410 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... | |
 | New York State Bar Association - Bar associations - 1898 - 404 pages
...United States Supreme Court. io8 Some criticism can fairly be made on section 50 which provides that " every negotiable instrument is deemed prima facie to have been issued for a valuable consideration." The language of the Revised Statutes (i RS, part 2, chap. 4, title 2), repealed by this act, was to... | |
 | Law reports, digests, etc - 1916 - 1226 pages
...section 3060a24, Code Supplement, declares that: "Every negotiable instrument is deemed prima fncie to have been issued for a valuable consideration,...thereon to have become a party thereto for value." Because of this presumption, the burden of proof is on the defendant so asserting to prove want of... | |
 | Law reports, digests, etc - 1926 - 1136 pages
...Sections 7760 to 7965, inclusive, Crawford & Moses' Digest 1921. Section 24 of the Uniform Act provides : "Every negotiable instrument is deemed prima facie to have been issued for a valuable consideration. • • •" The instrument sued on was a negotiable promissory note and it imported a consideration.... | |
 | Law reports, digests, etc - 1928 - 1182 pages
...We are unable to grant any relief on this account. It is provided in article 5933, § 24, RS, that every negotiable instrument is deemed prima facie...issued for a valuable consideration, and every person whtwe signature apiR'ars thereon to have become a party thereto for value. By article 2010, RS, it... | |
 | Philippines - Law - 2004 - 382 pages
...a similar presumption is found in Section 24 of the Negotiable Instruments Law which provides that 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 for... | |
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