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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. "
Reports of the Cases Argued and Determined in the Supreme Court of Tennessee ... - Σελίδα 92
των John Louis Taylor Sneed, Tennessee. Supreme Court - 1857
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Commentaries on American Law, Τόμος 3

James Kent - 1828 - 432 σελίδες
...prepared on that subject." (9. ) Of mercantile guaranties. A guaranty, in its enlarged sense, 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 person, who, in the first instance, is liable. As this engagement...

A Practical Treatise on the Commercial and Mercantile Law of England

Humphry William Woolrych - 1829 - 616 σελίδες
...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 the failure of another person, who is, in the fir>! ' instance, liable to such payment or performance.' And it is necessary, not; only that there...

A Practical Treatise on the Law of Principal and Surety: Particularly with ...

William Theobald - 1832 - 324 σελίδες
...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...first instance liable to such payment or performance. 2. A person may accede as surety to other obligations (a) Le cautionnement est un con- Fidejussor est,...

The American Jurist and Law Magazine, Τόμος 8

1832 - 512 σελίδες
...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...first instance liable to such payment or performance." ' s Upon which our 1 Pokier, by Evans, n. 365. » Fell on Gu»rp 1. 1832.] Law of Principal and Surety....

A Law Dictionary, Adapted to the Constitution and Laws of the ..., Τόμος 1

John Bouvier - 1843 - 752 σελίδες
...worse, the obligation j of the latter would be discharged. Smith on Mer. Law, 285. GUARANTY, contracts, is a promise made upon a good consideration, to answer...failure of | another person, who is, in the first i instance, liable to such payment or 614 GUA 61S performance. The English statute of frauds, 29 Car....

Cases in the Circuit Court of the United States for the Third ..., Τόμος 1

United States. Circuit Court (3rd Circuit), John William Wallace - 1849 - 584 σελίδες
...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, 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...

The American Law Journal, Τόμος 2;Τόμος 9

1850 - 600 σελίδες
...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...

The American Law Journal, Τόμος 1;Τόμος 8

1849 - 604 σελίδες
...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...duty, in case of the failure of another person, who is himself, in the first instance, liable to such payment or performance. Smith on Mercantile Law, 277....

Institutes of American Law, Τόμος 1

John Bouvier - 1854 - 674 σελίδες
...DEBT, DEFAULT, OR MISCARRIAGE OF ANOTHER. 912. Promises of this sort are called guarantees. A guarantee is a promise made upon a good consideration, to answer...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 performance....

A manual of commerce

William Waterston - 1859 - 350 σελίδες
...rent payahle for clmreh lands ; also for huilding-ground, &c. GOARANTER, an engagement for some dehl, or the performance of some duty, in case of the failure of another person who is primarily responsihle. GOiLD, an ancient term for a mereantile corporation. 11OLOGRAPn, Scot., a document...




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