The promise thus made was a promise " to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person who is himself, in the first instance, liable to such payment or performance. The York Legal Record - Página 941893Vista completa - Acerca de este libro
| Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1859 - 654 páginas
...ordinary sense of the term? Or is it an unconditional promise to pay? " A guaranty, in its enlarged sense, is a promise to answer for the payment of some debt, or the performance of some duty, in the case of the failure of another person, who, in the first instance, is liable." 3 Kent's Comm. 121.... | |
| William Waterston - 1859 - 316 páginas
...rent payahle for clmreh lands ; also for huilding-ground, &c. GOARANTER, an engagement for some dehl, or the performance of some duty, in case of the failure of another person who is primarily responsihle. GOiLD, an ancient term for a mereantile corporation. 11OLOGRAPn, Scot.,... | |
| 1064 páginas
...undertakes to do something for another, who is liable to perform the matter ; more explicitly, it is the promise to answer for the payment of some debt, or the performance of Eome duty, in case of the failure of another person who is himself, in the first instance, liable to... | |
| 1854 - 560 páginas
...advert. We will premise, with regard to the general subject of a guarantee, that it may be defined to be a promise to answer for the payment of some debt,...some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance : (Tell on Guaranties, 1.) Such... | |
| Indiana. Supreme Court, Horace E. Carter, Albert Gallatin Porter, Gordon Tanner, Benjamin Harrison, Michael Crawford Kerr, James Buckley Black, Augustus Newton Martin, Francis Marion Dice, John Worth Kern, John Lewis Griffiths, Sidney Romelee Moon, Charles Frederick Remy - 1864 - 624 páginas
...by parol evidence. Could he do so legally ? A guaranty is a promise made upon a good consideration, to answer for the payment of some debt, or the performance...some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance. 1 Bouvier's Law Diet. Smith on... | |
| North Carolina. Supreme Court, Samuel Field Phillips - 1868 - 670 páginas
...a principal. But in legal effect he was not a surety, but a guarantor. A guaranty is defined to be "a promise to answer for the payment of some debt,...some duty, in case of the failure of another person, who is himself liable in the first instance to such payment or performance." Carpenter v. Wall, 4 Dev.... | |
| 504 páginas
...it affected by the Statute of Frauds f ANS. A guarantee is a promise, in writing, to be responsible for the payment of some debt, or the performance of...some duty in case of the failure of another person primarily liable to such payment or performance. By the 4th section of the Statute of Frauds, 29 Car.... | |
| John C. Devereux - 1868 - 444 páginas
...allowed vary from four and a half to fifteen per cent. 37. Wliat is a mercantile guaranty f — 121. It is a promise to answer for the payment of some debt or duty, in case of the failure of another person who is in the first instance liable. % 38. What is the... | |
| North Carolina. Supreme Court - 1874 - 812 páginas
...and the endorser, unless it be otherwise plainly expressed, is liable to the holder as surety. IV. A guaranty is a promise to answer for the payment...some duty in case of the failure of another person who is primarily liable for such payment or performance; but the obligation which an ordinary endorsement... | |
| Franklin Chamberlin - 1869 - 1004 páginas
...GUARANTY AND SURETYSHIP. SECTION 1. — Definitions and General Principles. A GUARANTY is defined to be, " a promise to answer for the payment of some debt, or the performance of some duty, iu case of the failure of another person, who is in the first instance liable." The engagement is a... | |
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