The Business Law of Wisconsin: With a Collection of Practical Forms for the Use of Business Men, Notaries Public, Justices of the Peace, Conveyancers, Mechanics, Farmers, and All who Have Business Transactions of Any Kind, Or who Wish to be Informed in Regard to the Laws Governing Common Transactions |
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Results 1-5 of 100
Page 46
... paid to procure such release ; and provided also that if the person released is only a surety his release shall operate as payment of such joint debt to the extent of the money actually paid by him to procure his release and no further ...
... paid to procure such release ; and provided also that if the person released is only a surety his release shall operate as payment of such joint debt to the extent of the money actually paid by him to procure his release and no further ...
Page 50
... paid involuntarily , and contemplates some original privilege on the part of him to whose place substitution is claimed . The most usual case in which subrogation is claimed is that of a surety who dis- charges the liability of his ...
... paid involuntarily , and contemplates some original privilege on the part of him to whose place substitution is claimed . The most usual case in which subrogation is claimed is that of a surety who dis- charges the liability of his ...
Page 55
... paid by agreement before maturity , or were paid by a third party . Permission to do what one has a legal right to do is not a consideration for a promise . A consideration which is impossible is void . A promise to do an act absolutely ...
... paid by agreement before maturity , or were paid by a third party . Permission to do what one has a legal right to do is not a consideration for a promise . A consideration which is impossible is void . A promise to do an act absolutely ...
Page 62
... paid , was allowed nothing . A contract for the performance of per- sonal services may become impossible of performance by rea- son of the sickness or death of the party agreeing to render them ; in such case the law would excuse ...
... paid , was allowed nothing . A contract for the performance of per- sonal services may become impossible of performance by rea- son of the sickness or death of the party agreeing to render them ; in such case the law would excuse ...
Page 64
... paid by the month , is en- tire , and if he leaves without cause or excuse before its termination , he cannot recover his wages . A contract to furnish and erect a building for a specified sum is entire . If the contractor fails to ...
... paid by the month , is en- tire , and if he leaves without cause or excuse before its termination , he cannot recover his wages . A contract to furnish and erect a building for a specified sum is entire . If the contractor fails to ...
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Common terms and phrases
acceptance action agent agreed agreement amount assigns authority bailment bank bill bill of lading bind breach buyer carrier chattel mortgage claim common law condition consideration contract contract of sale conveyance corporation court of equity court says covenant creditors damages debt debtor deed delivered delivery discharge dollars duty easement entitled executed fact filed fraud given guarantor guaranty held hereby holder husband implied indorsement injury instrument interest land lease liable lien marriage ment mortgagor necessary negligence negotiable negotiable instrument notary public notice officers owner paid partner partnership party payable payment performance personal property plaintiff possession premises principal purchase purpose real estate reasonable received recover register of deeds rendered seal sell seller statute statute of frauds stockholders tenant term thereof third person tion transaction transfer unless usurious valid void warranty wife Wiscon Wisconsin
Popular passages
Page 710 - Be it therefore enacted, that whensoever the death of a person shall be caused by wrongful act, neglect or default, and the act, neglect or default is such as would (if death had not ensued) have entitled the party injured to maintain an action and recover damages in respect thereof...
Page 671 - The trustee of the estate of a bankrupt, upon his appointment and qualification, and his successor or successors, if he shall have one or more, upon his or their appointment and qualification, shall in turn be vested by operation of law with the title of the bankrupt, as of the date he was adjudged a bankrupt, except in so far as it is to property which is exempt...
Page 126 - Every contract for the leasing for a longer period than one year, .or for the sale of any lands or any interest in lands, shall be void, unless the contract, or some note or memorandum thereof, expressing the consideration, be in writing, and be subscribed by the party by whom the lease or sale is to be made.
Page 282 - An instrument is negotiated when it is transferred from one person to another in such manner as to constitute the transferee the holder thereof. If payable to bearer it is negotiated by delivery ; if payable to order it is negotiated by the indorsement of the holder completed by delivery.
Page 291 - A person placing his signature upon an instrument otherwise than as maker, drawer or acceptor, is deemed to be an indorser, unless he clearly indicates by appropriate words his intention to be bound in some other capacity.
Page 276 - In order, however, that any such instrument when completed may be enforced against any person who became a party thereto prior to its completion, it must be filled up strictly in accordance with the authority given and within a reasonable time. But if any such instrument, after completion, is negotiated to a holder in due course it is valid and effectual for all purposes in his hands, and he may enforce it as if it had been filled up strictly in accordance with the authoritjgiven and within a reasonable...
Page 429 - ... fire, than the amount hereby insured shall bear to the whole insurance, whether valid or not, or by solvent or insolvent insurers, covering such property...
Page 290 - Every holder is deemed prima facie to be a holder in due course; but when it is shown that the title of any person who has negotiated the instrument was defective, the burden is on the holder to prove that he or some person under whom he claims acquired the title as a holder in due course.
Page 269 - An instrument to be negotiable must conform to the following requirements : — 1. It must be in writing and signed by the maker or drawer ; 2. Must contain an unconditional promise or order to pay a sum certain in money ; 3. Must be payable on demand, or at a fixed or determinable future time; 4. Must be payable to order or to bearer ; and, 5. Where the instrument is addressed to a drawee, he must be named or otherwise indicated therein with reasonable certainty.
Page 277 - But where the instrument is in the hands of a holder in due course, a valid delivery thereof by all parties prior to him so as to make them liable to him is conclusively presumed.