Funds and Their Uses: Introduction to Finance--describing the Methods, Instruments, and Institutions of Modern Financial Transactions

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D. Appleton, 1922 - 425 páginas

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Página 160 - The condition of this obligation is such, that if the above bounden , his heirs, executors, administrators, or any of them, shall and do well and truly pay...
Página 160 - September of each and every year, receipts for all taxes of the current year assessed upon the mortgaged premises ; then the above Obligation to be void, or else to be and remain in full force and virtue...
Página 160 - FURTHER, however, and it is hereby expressly agreed, that if at any time hereafter, by reason of any default in payment, either of said principal sum at maturity, or of said interest, or...
Página 160 - America, to be paid to the said obligee, his certain attorney, executors, administrators or assigns: to which payment well and truly to be made, I do bind and oblige myself and my heirs, executors and administrators, firmly by these presents.
Página 88 - To set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated to produce the most beneficial results for the community...
Página 88 - ... shunning display or extravagance; to provide moderately for the legitimate wants of those dependent upon him; and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgment, is best calculated to produce the most beneficial results for the community...
Página 117 - In this case a date of making is not necessary. In the second place, the date of the note may affect its validity. In most Christian countries a note made and issued on Sunday is void. The date of maturity is the day on which a note becomes legally due — the day on which the payee has a right to demand the money promised. The date of maturity can not be left indefinite ; no doubt must be left as to the time when demand for payment may be made. In finding the date of maturity it is important to...
Página 172 - The only way that a bond is distinguished from an ordinary promissory note is by the fact that it is issued as a part of a series of like tenor and amount, and, in most cases, under a common •security.
Página 160 - ... annum, without any fraud or further delay; and shall produce to the said Obligee, or his Executors, Administrators or Assigns, on or before the first day of September of each and every year...
Página 160 - ... within the time specified, a writ of fieri facias is properly issued upon the judgment obtained upon said obligation, or by virtue of...

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