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Page 212
... given for antecedent debt changed noth- ing since the giving of note did not constitute a novation in absence of a specific intention by parties that it do so , and the preexisting debt constituted consideration for note . Eldred v ...
... given for antecedent debt changed noth- ing since the giving of note did not constitute a novation in absence of a specific intention by parties that it do so , and the preexisting debt constituted consideration for note . Eldred v ...
Page 213
... given by defendant in amount due by third person , against whom foreclosure was threatened , was supported by valid consider- ation and binding . Liberty Loan Corp. of Ber- wick v . Kornbacker , App . 1 Cir.1971 , 247 So.2d 404 . 27 ...
... given by defendant in amount due by third person , against whom foreclosure was threatened , was supported by valid consider- ation and binding . Liberty Loan Corp. of Ber- wick v . Kornbacker , App . 1 Cir.1971 , 247 So.2d 404 . 27 ...
Page 218
... given is tainted with usury , the burden of proof rests upon the maker of the note to rebut the legal presumption . Byrne v . Grayson , 1860 , 15 La.Ann . 457 . Where a note expresses on its face that it was given for value , a denial ...
... given is tainted with usury , the burden of proof rests upon the maker of the note to rebut the legal presumption . Byrne v . Grayson , 1860 , 15 La.Ann . 457 . Where a note expresses on its face that it was given for value , a denial ...
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Common terms and phrases
acceptance acceptor accommodation party action agreement alleged American Law Reports amount Article Bank & Trust Bank of Louisiana Bills and Notes blank burden of proof cashier's check certificate claim comaker Commercial Laws consist of R.S. corporation Credit creditor debt defense demand demand note deposit depositary bank discharge draft drawee drawee bank drawer due course Edition or ULA effective failure of consideration forged form Commercial Code former Section fraud Historical and Statutory holder in due indorser instru La.Ann La.App liability Louisiana maker Master Edition maturity mortgage note negotiable instrument notary notes preceding R.S. notice of dishonor notice of protest obligation Orleans paid payee payee's payment person plaintiff Presumptions and burden Prior Laws promise promissory note purchase recover repealed seller signature signed Statutory Notes subject matter Subsection Table 1 preceding thereof tion transfer Uniform Commercial Code warranty Westlaw Electronic Research writ denied