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Valuable Security

Defined in 1 dictionary — Bouvier (1914)

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

Every valuable security is a valuable thing, but many valuable things are not valuable securities. The words “other valuable things” include everything of value; State v. Thatcher, 35 N. J. L. 452; as a promissory note; State v. Tomlin, 29 N. J. L. 13. Ice has been held a valuable article; State v. Pottmeyer, 33 Ind. 402, 5 Am. Rep. 224. Valuable papers are not papers having a money value, but only such as are kept and considered worthy of being taken care of by the particular person; Marr v. Marr, 2 Head (Tenn.) 306. They have been defined to be such as are regarded by a testator as worthy of preservation: in his estimation, of some value. The term is not confined to deeds for lands or slaves, obligations for money or certificates of stock; Hooper v. Mc Quary, 5 Coldw. (Tenn.) 129.