Taunt
Categories: Contracts
Definition (1910 Edition)
496.
279. Smith v. Ladd, 41 Me. 314.
168. —Ast of honor. When a bill has been pro tested, and a third perron wishes to take it up, or accept it, for the “honor” (credit) of one or more of the parties, the notary draws up an instrument, evidencing the transaction, which is called by this name. .
270; 4 Camp. 289.
279. Smith v. Ladd, 41 Me. 314.
168. —Ast of honor. When a bill has been pro tested, and a third perron wishes to take it up, or accept it, for the “honor” (credit) of one or more of the parties, the notary draws up an instrument, evidencing the transaction, which is called by this name. .
270; 4 Camp. 289.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.