| Joseph Story - Bills of exchange - 1847 - 704 pages
...Secondly. What, then, is a valuable consideration in the sense of the law ? It may, in general terms, be said to consist either in some right, interest, profit, or benefit, accruing to the party, who makes the contract, or some forbearance, detriment, loss, responsibility, or act, or... | |
| 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 - Law reports, digests, etc - 1916 - 802 pages
...broke ground for that mill in September, 1912." "A 'valuable consideration,' in a legal sense, may consist either in some right, interest, profit, or...benefit accruing to one party, or some forbearance, loss, or responsibility given, suffered, or undertaken by the other." Words and Phrases, vol. 2, p.... | |
| Joseph Story - Checks - 1856 - 758 pages
...Secondly. What, then, is a valuable consideration in the sense of the law? It may, in general terms, be said to consist either in some right, interest, profit, or benefit, accruing to the party who makes the contract, or some forbearance, detriment, loss, responsibility, or act, or... | |
| Frederick Scott Wait - Creditors' bills - 1884 - 808 pages
...215. Moral obligations. § 207. Concerning consideration and good faith. — Consideration has been said to consist "either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered or undertaken... | |
| Law reports, digests, etc - 1918 - 1214 pages
...73; Simpson & Co. v. Dalí, 3 Wall. 476, 18 L. Ed. 265. "A valuable consideration has been defined to consist either in some right, interest, profit, or benefit accruing to the party who makes the promise, or some forbearance, detriment, loss, responsibility, act, labor,... | |
| Richard Brown - Sales - 1895 - 448 pages
...contracts, whether written or verbal, except such as are constituted by a formal deed under seal. It is said to consist " either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken... | |
| Sir William Reynell Anson - Agency (Law) - 1895 - 536 pages
...of Currie tion de- „_. fined. V. MtSCl : — 'A valuable consideration in the sense of the law may consist either in some right, interest, profit, or benefit accruing to one party, LR or some forbearance, detriment, loss, or responsibility given, suffered, 0 . or undertaken by the... | |
| James Smith McMaster - 1903 - 1004 pages
...what she considered as the pure gospel preached.' " What constitutes value may, in general terms, be said to consist either in some right, interest, profit, or benefit accruing to the party who makes the promise, or some forbearance, detriment, loss, responsibility, act, labor,... | |
| James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...must be valuable.— Story defines a valuable consideration as follows: " It may, in general terms, be said to consist either in some right, interest, profit, or benefit, accruing to the party who makes the contract, or some forbearance, detriment, loss, responsibility, or act, or... | |
| Law - 1904 - 1032 pages
...Sterling v. Sinnickson, 5 NJ Law (2 Southard) 756, 760. A "valuable consideration," in a legal sense, may consist either in some right, interest, profit, or...benefit accruing to one party, or some forbearance, loss, or responsibility given, suffered, or undertaken by the other. St. Mark's Church v. Teed, 120... | |
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