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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. "
Ray's New Higher Arithmetic: A Revised Edition of the Higher Arithmetic - Σελίδα 214
των Joseph Ray - 1880 - 408 σελίδες
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A Compendium of Commercial Law: Analytically and Topically Arranged, with ...

Calvin Townsend - 1871 - 620 σελίδες
...interest. 4. As to costs. X. LIABILITIES OF SURETIES GENERALLY. CHAPTER VI. GUARANTY AND SURETY. § 281. 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 for such payment or performance.1...

The Cabinet dictionary of the English language

English language - 1871 - 1024 σελίδες
...паян, dnug.] The excrement of certain seafowle — used as a manure. Guarantee, (garan-t6) n. A promue to answer for the payment of some debt or the performance of some duty in сам of the failure of another person who ie primarily liable; a warranty; asecurity; — a warranter;...

Official Opinions of the Attorneys General of the United States: Advising ...

United States. Department of Justice - 1875 - 782 σελίδες
...employed in connection with contracts and obligations — importing an engagement to be responsible for the payment of some debt or the performance of some duty, in case of the failure of a third party, who, in the first instance, is liable to such payment or performance....

The Cabinet dictionary of the English language

English language - 1874 - 988 σελίδες
...Perurian huann, dung,] The excrement of certain seafuwls — used as a manure. Guarantee, (gar'an-tS) n. A promise to answer for the payment of some debt or the performance of aorue duty in case of the failure of another person who is primarily liable; a warranty; a security;...

The York Legal Record, Τόμος 6

1893 - 254 σελίδες
...Gish's Estate, (Lancaster OC,) 9 Lancaster Law Review 361. Contract — Guaranty — Acceptance — 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 vvlso in thr first instance is liable. The plaintiff wrote to...

A Treatise on the Law of Negotiable Instruments: Including Bills of ..., Τόμος 2

John Warwick Daniel - 1886 - 990 σελίδες
...SECTION I. DEFINITION, NATURE, AND CONSTRUCTION OF GUARANTIES. § 1752. 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, in the first instance, liable to such payment or performance.1...

The Law of Subrogation

Henry Newton Sheldon - 1882 - 466 σελίδες
...general rule being that when the estates of two or more persons are subject to a common incumbrance, for the payment of some debt or the performance of some duty common to both, and one pays the whole for the benefit of all, he shall have tlie right to hold all...

Commentaries on American Law, Τόμος 3

James Kent - 1884 - 730 σελίδες
...on that subject, (e) 9. Of Mercantile Guarantiee. — * A guaranty, in its en- * 121 larged sense, is a promise to answer for the payment of some debt,...performance of some duty, in the case of the failure (r) Tic- vised Statutes of Missouri, 1835, 08. (rf) Statutes of Ohio, 1831. (e) See the Report of Mr....

The Pacific Reporter, Τόμος 13

1887 - 956 σελίδες
...the contract. In Johnston v. Chapman, 8 Pen. & W. 18, it was held that the legal import oí the term '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 in the first instance is liable; and that decision was folio...

Federal Decisions: Cases Argued and Determined in the Supreme ..., Τόμος 8

1885 - 906 σελίδες
...remarked is "guaranty," a word which, in its enlarged sense, says Chancellor Kent (Com., vol. 3, p. 12Í), 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...




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