| Humphry William Woolrych - Commercial law - 1829 - 616 pages
...Id. 328, by Ld. JMan*fiL-ld ; aT. Rvp. 80, Matson r. \Vhnram ; Stl. NP 830. Guarantees. " A guarantee is 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, in the fir>! ' instance, liable to such payment or... | |
| Law - 1832 - 512 pages
...way of accession to his obligation.' ' He then adds — ' by Mr. Fell it is defined as follows — "A guaranty is 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 in the first instance liable to such payment or performance."... | |
| William Theobald - Agency (Law) - 1832 - 324 pages
...and by way of accession to his obligation. By Mr. Fell (6) it is defined as follows: — A guarantie is 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 in the first instance liable to such payment or performance.... | |
| John Bouvier - Anglo-Norman dialect - 1843 - 752 pages
...discharged. Smith on Mer. Law, 285. GUARANTY, contracts, is a promise made upon a good consideration, to answer for the payment of some debt or the performance of some duty, in case of the failure of | another person, who is, in the first i instance, liable to such payment or... | |
| United States. Circuit Court (3rd Circuit), John William Wallace - Court rules - 1849 - 584 pages
...may be remarked, is "guaranty;" a word which in its enlarged sense, says Com voi s Chancellor Kent,* is "a promise to answer for the payment of some debt,...of some duty, in the case of the failure of another party who in the first instance is liable." The duties and liabilities consequent upon such a contract,... | |
| Law - 1850 - 600 pages
...that of a bill of exchange. Thompson vs. Dominy, 14 M. & W. 403. A guarantee is a special contract for the payment of some debt, or the performance of some duty in the case of failure of another person, who in the first instance is liable. Like all special contracts by parol,... | |
| Law - 1849 - 604 pages
...valid. The plaintiff seeks to recover on this as on an original guaranty. A guaranty is defined to be 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... | |
| John Bouvier - Law - 1854 - 674 pages
...Promises of this sort are called guarantees. A guarantee is a promise made upon a good consideration, to answer for the payment of some debt, or the performance of some duty, in case of the the failure of another person, who is, in the first instance, liable to such payment or... | |
| John Louis Taylor Sneed, Tennessee. Supreme Court - Law reports, digests, etc - 1857 - 812 pages
...a technical term. and what is its meaning ? A guaranty is a promise made upon a good consideration, to answer for the payment of some debt, or the performance of some duty, in case of the failure of another person, who is, in the first instance, liable to such payment or performance.... | |
| Law - 1064 pages
...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... | |
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