Category: Contracts

Found 629 results · Showing 601–629

VALUABLE CONSIDERATION. The

distinction between a good and a valuable consideration is that the former consists of blood, or of natural love and affection; as when a man grants an estate to a near relation from motives of generosity, prudence, and natural duty; and the latter c...

VENDITIO

Lat. In the civil law. Ina strict sense, sale; the act of selling; the contract of sale, otherwise called “emptio venditto.” Inst. 3, 24. Calvin.

Origin: Civil Law Read full definition →

VINCULUM JURIS

Lat. In the Roman law, an obligation is defined as a rinculum juris, 4. e., “a bond of law,” whereby one party becomes or is bound to another to do something according to law.

VOLUNTARY

Void in part, void in toto. Leavitt, 15 N. Y. 9, 96. sion or solicitation. As to voluntary “Answer,” “Assignment,” “Bankruptcy,” “Confession,” “Conveyance,” “Deposit,” “Escape,” “Jurisdiction,” ‘“Manslaughter,”...

VOUCHER

VOUCHER. A receipt, acquittance, or release, which may serve as evidence of payment or discharge of a debt, or to certify the correctness of accounts. An account-book containing the acquittances or receipts showing the accountant’s discharge of his...

Vt

477, 9 Atl. 4, 59 Am. Rep. 742; Magann 463; Easly v. Eakin, Cooke (Tenn.) 388. 605, 15 Atl. 300, 1 L. R. A. 187: ey & Casualty Co. v. Cutts, 95 Me. 162, 49 Atl. 673.—A.e ble muisamee. Anything in- 351; Com. v. Williams, 9 Metc. (Mass.) 576, 48 ...

W. 717: Amory v. Fellowes, 5 Mass

228; Bacon v. Bacon, ef By (Mass.) ae upaeen v. Savage, 124 IH. 2866, 15 N. BE. 850.—Cred-~ ibility. Worthince: of belief; ce quality in a witness which renders his evidence worthy of belief. After the competence of a witness is allowed, the consid...

W. 763: San Diego Land Co

v. Neale, 78 Cal. 63, 20 Pac. 372, 3 L. R. A. 83.—Market zeld, (properly market geld.) In old records. The toll of a market. Cowell._—Public market. A market which is not only open to the resort of the general public as purchasers, but also avail...

W. Va

426, 44S. E. 255. 165, 14 S. E. 465, 82 Am. St. p. 349, 40 S. B. 402; Curley v. U. 8. 180 Fed. 1, 64 C. C. A. 369. 442, 21 S. BD. 755.~Estoppel by deed is where a party has executed a deed, that is, a writing under seal (as a bond) reciting a cert...

Wall. , 20 L. Ed

779. The term is often applied to a similar receipt and undertaking given by a carrier of goods by land. A bill of lading is an instrument in writing, signed by a carrier or his agent, describing the freight so as to identify it, stating the name of ...

WARRANT

WARRANT, v. In conveyancing. To assure the title to property sold, by an express covenant to that effect in the deed of conveyance. To stipulate by an express covenant that the title of a grantee shal] be good, and his possession undisturbed.

Webb, Ahgtsg div

49, ot N. Y. Supp. 572. at the reasonableness of-a by-law of a corporation is a question of law, and not of fact, has always been the established rule; but in the case of State v. Overton, 24 N. J. Law, 61 Am. Dec. 671, a distinction La taken in this...

Webster v

French, 11 Ill. 254.—Biddings. Offers of a designated price for goods or other property put up for sale at auction.—By-bidg- In the law relating to sales by auction, this term is equivalent to “puffing.” e practice consists in making fictitio...

Whitbeck, 5 Utah, 406, 16 Pac

403; Beringer v. Lutz, 188 Pa. 364, 41 Atl 643.—~—Imperfect title. One which requires a further exercise of the granting power to pass the fee in land, or which does not convey full and absolute dominion. Paschal vy. Perez, 7 Tex. 367; Paschal v....

White v. Stokes, 67 Ark

184, 53 S. W. 1060.— Bond tenants. In English law. Copyholders and gi spheeea! tenants are sometimes so called. 2 Bl. Comm. 148.— Oficial] bond. .A bond given by a public officer, conditioned that he shall well and faithfully perform all the duti...

Wiggins v. Burkham, 10 Wall

129,,19 L. Ed. 884; Stebbins vy. Niles, 25 Miss. 267.—Account stated. The settlement of an account between the parties, with a balance struck ih favor of one of them; an account rendered by the creditor, and by the debtor assented to as eorrect, ei...

Wis

473, 35 N. W. 934. 90, 53 N. W. 35, 17 L. R. A. 145, 35 44, 22 N. W. 844, and cases cited. 93, 23 N. W. 425, 53 Am. Rep. 267; Isaacs v. Railroad Co., 47 N. Y. 122, 7 Am. 77, 95.N. W. 132, 266. —=—« —Constructive conversion. An. implied or...

WITHOUT RECOURSE

WITHDRAWING A JUROR. In practice. The withdrawing of one of the twelve jurors from the box, with the result that, the jury being now found to be incomplete, no further proceedings can be had in the cause. The withdrawing of a juror is always by the a...

Wm. IIl

c. 2, by which the crown of England was limited to the house of Hanover, and some new provisions were added at the same time for the better securing the religion, laws, and liberties—Deed of settlement. A deed made for the purpose of settling prope...

WOODS

citals, after the parties. It usually commences with a reference to the agreement or intention to be effectuated, then states or refers to the consideration, and concludes with the operative words and parcels, if any. Where a deed effectuates two dis...

Y.) 200; reer v. Lake, 115 Il

662, 4 N. E. 512; Dodson v. Ball, 60 Pa. 496, 100-Am. Dec. 586.—Spendthrift trust. See SreNDTHRIFT. —Transgressive trust. A name sometimes applied to a trust which transgresses or violates ie rule against perpetuities. See Pulitzer v. dvingston, ...

Yivate contract only

and auctioneers by pubic auction only. Auctioneers can only sell goods for ready OnE y but factors may sell upon credit. Wilkes v. Ellis, 2 H. Bl. 557; Steward v. Winters, 4 Sandf. Ch. (N. Y.) 590.