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" If a debtor simply acknowledges an old debt, the law implies from that simple acknowledgment a promise to pay it ; for which promise the old debt is a sufficient consideration. But if the debtor promises to pay the old debt when he is able, or by instalments,... "
The Division Courts Act and Amendments Thereto: Comprising R.S.O. (1887 ... - Página 182
editado por - 1898
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The Real Property Statutes Passed in the Reigns of King William IV ..., Libro 1

Leonard Shelford, Great Britain - 1863 - 926 páginas
...Statute of Limitations, is that of a promise to pay the old debt, and for this purpose the old debt may be said to be revived. It is revived as a consideration...from that simple acknowledgment a promise to pay it, for which promise the old debt is a sufficient consideration. But if the debtor promises to pay the...
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The Exchequer Reports: Reports of Cases Argued and ..., Volumen4;Volumen140

Great Britain. Court of Exchequer - 1868 - 778 páginas
...Lewis (d). The true principle is thus stated by Sir J. Wigram, VC, in Phillips v. Phillips (e) : — " If a debtor simply acknowledges an old debt, the law...from that simple acknowledgment a promise to pay it ; for which promise the whole debt is a sufficient consideration. But if the debtor promises to pay...
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Albany Law Journal, Volumen36

1888 - 564 páginas
...this purpose the old debt is a consideration in law. In that sense, and for that purpose the old debt may be said to be revived. It is revived as a consideration for a now promise. Bnt the new promise, and not the old debt, is the measure of the creditor's right. If...
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Reports of Cases Argued and Determined in the English Courts of ..., Volumen83

Great Britain. Courts - 1872 - 658 páginas
...effect of acknowledging a debt barred by the Statute of Limitations is to revive it for all purposes." " The new promise, and not the old debt, is the measure of the creditor's right." » If the debtor promises to pay the old debt when he is able, or by in^,1 ,«, stalments, or in two years,...
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Shelford's Real Property Statutes: Including the Prcincipal Statutes ...

Leonard Shelford, Great Britain, Thomas Henry Carson - 1874 - 936 páginas
...Statute of Limitations, is that of a promise to pay the old debt, and for this purpose the old debt may be said to be revived. It is revived as a consideration...from that simple acknowledgment a promise to pay it, for which promise the old debt is a sufficient consideration. But if the debtor promises to pay the...
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Reports of Cases Decided by the English Courts: With Notes and ..., Volumen14

Nathaniel Cleveland Moak - 1877 - 916 páginas
...for this the old debt is a consideration in law. In that sense, and for that purpose, the old debt may be said to be revived. It is revived as a consideration for the new promise. But the new promise, and not the old debt, is the measure of the creditor's right....
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Reports of the Supreme court of Canada, Volumen1

Canada law reports - 1878 - 772 páginas
...debt may be said to be revived. It is viewed as a consideration for a new promise. If the creditor simply acknowledges an old debt, the law implies from that simple acknowledgment a promise to pay it, for which promise the old debt is a sufficient consideration. This is the language of Vice-Chancellor...
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The Practice of Banking: Embracing the Cases at Law and in Equity ..., Volumen1

John Hutchison - 1881 - 568 páginas
...Vice-Chancellor Wigram in Phillips v. Phillips, 3 Hare, 281, that the result of that doctrine is that the new promise and not the old debt is the measure of the creditor's right." It may be observed, with reference to the first portion of Statute of the terms of the enactment, sec....
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A Treatise on the Limitation of Actions at Law and in Equity: With an ...

Horace Gay Wood - 1882 - 990 páginas
...pleaded, he may reply the new promise. l 3 Bing. 829. «—f/t* L,/»"| §68.] ACKNOWLEDGMENTS. sideration for a new promise. But the new promise and not the...from that simple acknowledgment a promise to pay it, for which promise the old debt is a sufficient consideration. But if the debtor promises to pay the...
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The Northeastern Reporter, Volumen34

1893 - 1176 páginas
...debt is a confederation In law. In that sense, and for that purpose, the old debt may be said to lie revived. It is revived as a consideration for a new...creditor's right. If a debtor simply acknowledges un old debt, the law implies from that simple acknowledgment a promise to pay it, for which promise...
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