Search Images Maps Play YouTube News Gmail Drive More »
Sign in
Books Books
" 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. "
Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic - Page 214
by Joseph Ray - 1880 - 408 pages
Full view - About this book

Hearings, Reports and Prints of the Senate Committee on Banking, Housing and ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - Banking law - 1976 - 1568 pages
...existing under a letter of credit, and the secondary obligation existing when a party acts as a guarantor: A guaranty is a promise to answer for the payment of some debt, or the performance of some obligation, in case of the default of another person, who is in the first instance liable for such...
Full view - About this book

Regulation of Standby Letters of Credit: Hearing Before the Committee on ...

United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs - Banking law - 1976 - 332 pages
...n-38. 45. See L. StMPSON, HANDBOOK ON THE LAW OF SURETYSHtP 10 (1950). A guaranty has been defined as "a promise to answer for the payment of some debt or the performance of some obligation, on default of such payment or performance, by a third person who is liable or expected...
Full view - About this book

Reports of Cases Argued and Determined in the Supreme Court of Ohio, Volume 11

Ohio. Supreme Court - Law reports, digests, etc - 1874 - 770 pages
...plaintiff is confined to these points, and we need not look beyond them. IQ. Was a guaranty given? (1.) " 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 himself, in the first instance, liable to such payment...
Full view - About this book

A New Law Dictionary and Glossary: Containing Full Definitions of ..., Part 1

Alexander Mansfield Burrill - Law - 1998 - 1126 pages
...GUARANTOR. A person who undertakes to guaranty; a warrantor; a surety. GUARANTY, Guarantee. L. Fr. & Eng. 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, in the first instance, is liable to such payment or performance....
Limited preview - About this book

Legal Opinion, Volume 3

1872 - 224 pages
...In Johnston v. Chapman, 3 Penn. Rep. 18, it was held, that the legal import of the term "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 in the first instance is liable; and that decision was followed...
Full view - About this book

Atlantic Reporter, Volume 62

Law reports, digests, etc - 1906 - 1284 pages
...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 case of the failure of another, who Is himself, In the first Instance, liable to such payment or performance."...
Full view - About this book

Reports of Cases at Law and in Equity Determined by the Supreme ..., Volume 93

Iowa. Supreme Court - Law reports, digests, etc - 1897 - 892 pages
...the form of the guaranty was sufficient notice to tlie plaintiff of the fact. To "guarantee" is to 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."...
Full view - About this book

Lawyer and Banker and Southern Bench and Bar Review, Volume 14

Charles Ellewyn George - Banking law - 1921 - 380 pages
...guaranty is, in law, a collateral agreement or undertaking on the part of one person, to be answerable for the payment of some debt or the performance of some duty or contract for another person who stands first bound to pay or perform. Elliott on Contracts, sec....
Full view - About this book

Reports of Cases Determined in the Appellate Courts of Illinois, Volume 209

Illinois. Appellate Court, Martin L. Newell, Mason Harder Newell, Walter Clyde Jones, Keene Harwood Addington, James Christopher Cahill, Basil Jones, James Max Henderson, Ray Smith - Courts - 1918 - 730 pages
...debtor. 20 Cyc. 163. A contract of guaranty is a collateral undertaking by one person to be answerable for the payment of some debt or the performance of some duty or contract for another person who stands first bound to pay or perform. 20 Cyc. 1397. A contract of...
Full view - About this book

American law reports annotated, Volume 43

1926 - 1658 pages
...20 Cyc. p. 1397, as follows: "A guaranty is a collateral undertaking by one person to be answerable for the payment of some debt or the performance of some duty or contract for another person who stands first bound to pay or perform. There can only be a contract...
Full view - About this book




  1. My library
  2. Help
  3. Advanced Book Search
  4. Download EPUB
  5. Download PDF