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" 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,... "
A Treatise on the Law of Pledges: Including Collateral Securities - Page 103
by Leonard Augustus Jones - 1901 - 861 pages
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 2

Georgia. Supreme Court - 1847 - 556 pages
...I aa security for new purchases and advances made upon I Bond r». The Central Bank of Georgia. fer thereof, but also in payment of and as security for...making his negotiable securities of equivalent value to cask But, establish the opposite conclusion, that negotiable paper cannot bo applied in payment of,...
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A Treatise of the Law of Bills of Exchange: Promissory Notes, Bank-notes ...

John Barnard Byles - 1853 - 664 pages
.../)) Van Wart v. Woolley, K. & Moo. 4 ; 3 B. & C. 439 ; 5 D. & K. 3 < 4 ; 1 M. & M. 520, SC purchases and advances made upon the transfer thereof, but also...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...
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A Treatise of the Law of Bills of Exchange: Promissory Notes, Bank-notes ...

John Barnard Byles - 1856 - 684 pages
...credit and circulation of negotiable paper, that it may pass not only as security for new purchases aud advances made upon the transfer thereof, but also...any legal steps to enforce his rights. The debtor has also the advantage of making his negotiable securities of equivalent value to cash. But establish...
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Commentaries on the Law of Promissory Notes: And Guaranties of Notes, and ...

Joseph Story - 1856 - 758 pages
...credit and circulation of negotiable paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but...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...
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Albany Law Journal, Volume 22

1880 - 554 pages
...credit and circulation of negotiable paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but...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...
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American Leading Cases: Being Select Decisions of American Courts ..., Volume 1

John Innes Clark Hare - 1871 - 952 pages
...credit and circulation of negotiable 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 SWIFT V. TYSON. pre-existing debt8. The creditor is thereby enabled to realize or to secure his debt,...
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Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volume 11

Ohio. Supreme Court - 1873 - 504 pages
...circulation of negotiable paper, that it may pass, not only as security for new purchases, and advance made upon the transfer thereof, but also in payment of, and as security for, pre-existing debts." It is believed that the law, as thus settled by the highest judiBell and wife v. Duncan et al. cial...
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A Treatise of the Law of Bills of Exchange, Promissory Notes, Bank-notes and ...

Sir John Barnard Byles - 1874 - 860 pages
...circulation of negotiable paper, that it may pass not only as security 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,...
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The Albany Law Journal: A Monthly Record of the Law and the Lawyers, Volume 22

1880 - 556 pages
...credit and circulation of negotiable paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but...and as security for pre-existing debts. The creditor la thereby enabled to realije or to secure his debt, and thus may safely piro ü prolonged credit,...
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A Selection of Cases on the Law of Bills and Notes and Other ..., Volume 1

James Barr Ames - 1881 - 932 pages
...credit and circulation of negotiable paper, that it may pass not only as security for new purchases and advances, made upon the transfer thereof, but...enabled to realize or to secure his debt, and thus may Bafely give a prolonged credit, or forbear from taking any legal step* to enforce his rights. The debtor...
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