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" 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 94
1893
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A Treatise on the Law of Collateral Securities: As Applied to Negotiable ...

William Colebrooke - 1883 - 734 páginas
...valuable consideration, to be answerable for the payment of some particular debt, or future debts, or the performance of some duty, in case of the failure of another person primarily liable to pay or perform.' Such guaranty is assignable with the notes or other obligations...
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The Pacific Reporter, Volumen13

1887 - 956 páginas
...the contract. In Johnston v. Chapman, 8 Pen. & W. 18, it was held that the legal import oí the term 'guaranty' is a promise to answer for the payment...some duty, in case of the failure of another person! who in the first instance is liable; and that decision was folio wed in Isctt \.lloge, 2 Watts. 128....
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A manual of commerce

William Waterston - 1884 - 314 páginas
...a fixed rent payable for church lands; also for building-ground, eSec. GoAEANTER, an engagement for some debt, or the performance of some duty, in case of the failure of another person who ia primarily responsible. GoILD, an ancient term for a mercantile corporation. HoLo0EAPH, Scot.,...
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The Northeastern Reporter, Volumen1

1885 - 948 páginas
...promisor will answer for his default, the contract is one of guaranty. A concise definition of the term is: "A promise to answer for the payment of some debt,...performance of some duty, in case of the failure of some person who, in the first instance, is liable for such payment or performance." 3 Kent, Comm. 121...
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Reports of Cases Argued and Determined in the Supreme Court of ..., Volumen102

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 - 1885 - 688 páginas
...promisor will answer for such default, the contract is one of guaranty. A concise definition of the term is: "A promise to answer for the payment of some debt,...performance of some duty, in case of the failure of some person who, in the first instance, is liable for such payment or performance." Baylies Sureties...
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Federal Decisions: Cases Argued and Determined in the Supreme ..., Volumen8

1885 - 906 páginas
...remarked is "guaranty," a word which, in its enlarged sense, says Chancellor Kent (Com., vol. 3, p. 12Í), 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 party who in the first instance is liable." The duties and liabilities...
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The Business Man's Commercial Law and Business Forms Combined: A Vade-mecum ...

John C. Bryant - 1886 - 280 páginas
...trust confided in the vendor by the vendee. GUARANTY. 291. A Guaranty. — A guaranty is an undertaking to answer for the payment of some debt, or the performance of some duty, in case of the failure of another liable for such payment or performance. 393. The Essentials. — The essentials of the contract of...
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Atlantic Reporter, Volumen62

1906 - 1172 páginas
...was to be made "to the hotel company for Its stockholders and bondholders." The promise thus made was a promise "to answer for the payment of some debt, or the performance of some duty, in >:ase of the failure of another, who is himself, in the flrst instance, liable to such payment or performance."...
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The American Decisions: Containing All the Cases of General Value ..., Volumen51

1886 - 884 páginas
...POSSESSION, 7; PUBLIC LANDS. GUARANTY. 1. GUARANTY, DEFINITION OF. — A guaranty, in its enlarged sense, is a promise to answer for the payment of some debt, or the performance of somt duty, in the case of the failure of another person, who is in the first instance liable. MatJtewa...
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The American Decisions: Containing All the Cases of General Value ..., Volumen83

1887 - 890 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...
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