A valuable consideration in the sense of the law may 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 by the other. The Southeastern Reporter - Page 3471906Full view - About this book
| Joseph Story - 1847 - 704 pages
...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 labor,... | |
| 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 - 1916 - 802 pages
...they 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."... | |
| Robert D. Handy, John H. Handy - 1855 - 638 pages
...would authorize the transfer of a note or bill, and protect the indorsee, and such consideration might consist, " either in some right, interest, profit, or benefit accruing to the party who made the contract, or some forbearance, detriment, loss, responsibility, or act, or labor,... | |
| Joseph Story - 1856 - 758 pages
...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 labor,... | |
| Great Britain. Court of Exchequer - 1875 - 410 pages
...payable immediately. The giving time is only one of many kinds of what the law calls consideration. A valuable consideration, in the sense of the law,...right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken... | |
| Frederick Pollock - 1876 - 692 pages
...made has any labour or detriment " (a). A fuller one has lately been given in the Exchequer Chamber : "A valuable consideration, in the sense of the law,...right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken... | |
| Frederick Pollock - 1876 - 694 pages
...' A fuller one has lately been given in the Exchequer ( 'hamher : "A valuable consideration, in tho sense of the law, may 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... | |
| James Barr Ames - 1881 - 932 pages
...payable immediately. The giving time is only one of many kinds of what the law calls consideration. A valuable consideration, in the sense of the law,...right, interest, profit, or benefit accruing to the one party, or some forbearance, -detriment, loss, or responsibility, given, suffered, or undertaken... | |
| United States. Supreme Court - 1881 - 822 pages
...instrument ; but a valuable consideration in the sense of the law, as the court remarked in that case, may consist either in some right, interest, profit, or benefit accruing to th'' one party, or some extension of time of payment, detriment, loss, or responsibility given, suffered,... | |
| United States. Supreme Court - 1885 - 1302 pages
...that case, may consist cither in some right, interest, profit or benefit accruing to the one party, ` ʃ? K 8 /^y F=/ y ? ٧V 疷O> | 9 ֥ > ] = . / | ?79j ; w *֞ Call loans may be regarded as payable on demand, and, inasmuch as the collateral in this ease was payable... | |
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