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461. Applied - counsel. 283; 3 Kent, Comm. 196. Where a voyage is broken up by wis major, and no freight earned, no wages, eo nomine, are due. 491. l
Category: Commercial Law
Found 282 results · Showing 241–270
Smith v. Junction Ry. Co., 29 Ind
551.—Fictitious mame. A counterfeit, feigned, or pretended name taken by a person, differing in some essential particular from his true name, (consisting of Christian name and patronymic,) with the implication that it is meant to deceive or mislead...
SOLVENCY
SOLVENCY. Ability to pay; present ability to pay; ability to pay one’s debts out of one’s own present means. Marsh ‘v. Dunckel, 25 Hun (N. Y.) 169; Osborne v.
SOOIETE
Fr. In French law. Partnership, See ComMMENDAM.
SORS
Lat. Im the civil law. Lot; chance; fortune;. hazard; a lot, made of wood, gold, or other material. Money borrowed, or put out at interest. A principal sum or fund, such as the capital of a partnership. Ainsworth; Calvin.
State, 53 Ala
476; Kerrick v. Van Dusen, 32 Minn. 317, 20 N. W. 228; Com. v. Pine, 3 Pa. Law J. 412. In the memorandum clause in policies of insurance it includes pease and beans, but not rice. Park, Ins. 112; Scott v. Bourdillion, 2 Bos. & P. (N. R.) 213.
Steam Nav. Co., 10 Cal
507; U. 8S. v. Pope, 28 Fed. Cas. 630; Ravesies v. U. S. ) 35 Fed. 919.—Coastwise. Vessels coastwise” are those which are engaged domestic trade, or plying between port and port in the United States, as contradistinguished from those engaged in t...
Steele (Co. Ct.) 43 N. Y. Supp
350.—Stock dividend. See DIVIDEND.—Stock-exchange. A voluntary association of persons (not usually & corporation) who, for convenience in the transaction of business with each other, have associated themselves to provide a common place for the tr...
Sternaman v. Insurance Co., 170 N. ¥
13, 62 N. E. 763, 57 L. R. A. 318, 88 Am. St.
STOCK
discharged. If there is a class of “preferred” stock, the common stock may in this sense be said to be “deferred,” and the term i8 sometimes used as equivalent to “common” stock. But it is not impossible that a corporation should have thr...
STOUTHRIEFF
STOCKHOLDER. A person: whd owns shares of stock in a corporation ‘or. jointstock company. See Mills v. Stewart, 41 N. Y. 386; Ross v. Knapp, etc., Co., 77 IH. App. 424; Corwith v. Culyer, 69 Ill. 502; Hirshfeld v. Bopp, 145 N. Y. 84, 39 N. E. 817; ...
Sturgeon
35 Mo. 213, 86 Am. Dec. 149; Gar rison v. Insurance Co., 19 How. 312. 15 L. Ed. 656; Hibernia Ins. Co. v. Transp. Co.. 120 U.
SUBHASTATIO
Lat. In the civil law. A sale by public auction, which was done under a spear, fixed up at the place of sale as aA public sign of it. Calvin.
Sudduth v. Insurance: Co
(C. C.) 106 Fed 823.
Swensen, 40 Minn
421, 42 N. W. 290; Dodge v. Jones, 7 Mont. 121, 14 Pac. 707; Stevens v. Irwin, 15 Cal. 503. 76 Am. Dec. 500.—Ac-= tual cost. The actual price paid for goods by a party, in the case of a real bona fide purchase, and not the market value of the goods...
TANNERIA
TALLEY, or TALLY. A stick cut into two parts, on each whereof is marked, with notches or otherwise, what is due between debtor and creditor. It was the ancient mode of keeping accounts. One part was held by the creditor, and the other by the debtor. ...
TELEGRAPH
TEAM WORK. Within the meaning of an exemption law, this term means work done by a team as a substantial part of a man’s business; as in farming, staging, express carrying, drawing of freight, peddling, or the transportation of material used or deal...
Termes de la Ley; Cowell; Bract
fol. 2. If it be universal, it is common law; if particular to this or that place, it is then properly custom. 8 Salk. 112.
The Britannia, 153 U. S. 180, 14 Sup. Ct
795, 38 L. Ed. 660; The Victory (D. C.) 68 Fed. 636; The Garden City (D. 0.) 26 Fed. 778. —Ooaster. <A term applied to vessels plying exclusively between domestic ports, and usually to those engaged in domestic trade, as distinguished from vessels ...
Thomas Melville, 62 Fed
749, 10 C. C. A. 619. —Net weight. The weight of an article or collection of articles, after deducting from the gross weight the weight of the boxes. coverings, casks, etc., containing the’ same. The weight of an animal dressed for sale, after re...
Thompson, 4 Bradf. Sur
(N. Y.) 158; Hutton v. Insurance Co., 7 Hill (N. Y.) 325;
Trabue’s Ex’r v. Harris, 1 Mete
(Ky.) 507. —Discount broker. A bill braker; one who.
TRADING. Engaging in trade, (g
v. A) pursuing the business or occupation of trade or of a trader. A
TRANSACTION
‘TRAISTIS. In old Scotch law.. A roll containing the particular dittay taken up up” on malefactors, which, with the porteous, is delivered by the justice clerk to the coroner, to the effect that the persons whose names are contained in the porteo...
Tucker, 17 R. I. 529, 23 Atl
61; Meigs v. Insurance Co., 2 Cush. (Mass.) 439; Toler v.
U. S. 141, 21 Sup. Ct
48, 45 L. Ed. 126; Lawrence v. Hennessey, 165 Mo. 659, 65 S. W. 717; Boston & L. R. Corp. v. Salem & L. R. Co., 2 Gray (Mass.), 35; National Tel. News
Ultra Vires
UL-truh VY-reez
Beyond the powers. An act performed without legal authority, exceeding the powers granted by law or by a company's memorandum of association.
VIVA PECUNIA
Lat. Cattle, which obtained this name from belng received during the Saxon period as money upon most occasions, at certain regulated prices. Cowell.
VOLUNTAS
Lat. Properly, volition, purpose, or intention, or a design or the feeling or impulse which prompts the commission of an act; but in old English law the term was often used to denote a will, that Is, the last will and testament of a decedent, more pr...
Walk
(Miss.) 85.—Reasonable part. In ol English law. That share of a man’s goods which the law gave to his wife and children after his decease. 2 Bl. Comm. 492. (or Walker). Walker's Mississippi Reports ;—Walker'’s Michigan Chancery (Pa.). ports...