 | Joseph Story - Bills of exchange - 1847 - 704 pages
...paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but also in payment of and as security for...making his negotiable securities of equivalent value to cash. But establish the opposite conclusion, that negotiable paper cannot be applied in payment of... | |
 | Commercial law - 1847 - 554 pages
...paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but also in payment of and as security for...making his negotiable securities of equivalent value to cash. But establish the opposite conclusion, that negotiable paper cannot be applied in payment of... | |
 | John Barnard Byles - Negotiable instruments - 1853 - 664 pages
...; 3 B. & C. 439 ; 5 D. & K. 3 < 4 ; 1 M. & M. 520, SC purchases and advances made upon the transfer thereof, but also in payment of and as security for...any legal steps to enforce his rights. The debtor has also the advantage of milking his negotiable securities of equivalent value to cash. But establish... | |
 | Joseph Story - Checks - 1856 - 758 pages
...paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but also in payment of, and as security for,...or forbear from taking any legal steps to enforce bis rights. The debtor also has the advantage of making his negotiable securities of equivalent value... | |
 | United States. Supreme Court, Benjamin Robbins Curtis - Law reports, digests, etc - 1864 - 696 pages
...paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but also in payment of and as security for...making his negotiable securities of equivalent value to cash. But establish the opposite conclusion, that negotiable paper cannot be applied in payment of... | |
 | Law - 1880 - 554 pages
...paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but also in payment of and as security for...thereby enabled to realize or to secure his debt, aud thus may safely give a prolonged credit, or forbear from taking any legal steps to enforce his... | |
 | John Innes Clark Hare - Civil procedure - 1871 - 950 pages
...the transfer thereof, but also in payment of and .as security for SWIFT V. TYSON. pre-existing debt8. The creditor is thereby enabled to realize or to secure...making his negotiable securities of equivalent value to cash. But establish the opposite conclusion, that negotiable paper cannot be applied in payment of... | |
 | Ohio. Supreme Court - Law reports, digests, etc - 1873 - 504 pages
...paper, that it may pass, not only as security for new purchases and advantages, made upon the transfer thereof, but also in payment of, and as security for,...making his negotiable securities of equivalent value to cash. But establish the opposite conclusion, that negotiable paper can not be applied in payment of,... | |
 | Louisiana. Supreme Court - Law reports, digests, etc - 1874 - 980 pages
...paper, that it may pass not only as security for new purchases and advances made upon the transfer thereof, but also in payment of and as security for...making his negotiable securities of equivalent value to cash. But establish the opposite conclusion, that negotiable paper can not be applied in payment of... | |
 | Sir John Barnard Byles - Bills of exchange - 1874 - 860 pages
...for new purchases and ailvanccs made upon the transfer thereof but also in payment of and as secuiily for pre-existing debts. The creditor is thereby enabled to realize or to secure his debt, ami thus may safely give a prolonged credit, or forbear from taking any legal steps to enforce his... | |
| |
It is for the benefit and convenience of the commercial world to give as wide an extent as practicable to the credit and circulation of negotiable paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof,... 
