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Rent

due until the end of the year. Rent is considered as of a higher nature than even a debt due on an instrument under seal, as between the parties themselves. This is the effect of Davis v.

Power of Attorney

him, to do any lawful act in the stead of another, as to give seisin of lands, receive debts or sue a third person. it is either general or special. The nature of this instrument is to

Poundage

The sheriff's poundage by sub-s. 1 of s. 20 of the (English) Sheriffs Act, 1887, in case of debts due to the Crown, is 1s. for the first hundred pounds recovered, and 6d. for every pound exceeding

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Partnership

by which the judgment creditor of a partner, instead of being able to execute not only against his debtor's separate property but also against the property of the firm, may obtain only an order charging the partner's

Order of Discharge

s. 26, by a Court of bankruptcy, the effect of which is to discharge a bankrupt from all debts, claims, or demands provable under the bankruptcy, except Crown debts, debts incurred by fraud, and certain judgments (s.

Judgment-debtor

He may, by order of the Court or judge, be orally examined by the judgment creditor as to debts owing to him by third parties, and be compelled to produce books and documents, with a view to

Act of Bankruptcy

Act of Bankruptcy, an act, the commission of which by a debtor renders him liable to be adjudged a bankrupt if the petition is presented within three months thereafter. Under

Abatement

90), the Court has power to amend defective indictments before or during trial (s. 5). (4) Abatement of Debts and Legacies.-When the estate of a deceased person after 1st January, 1925, is insufficient to satisfy fully all

asset

asset [back-formation from assets, singular, sufficient property to pay debts and legacies, from Anglo-French asetz, from Old French asez enough] 1 : the entire property of a person,

Nexi

Nexi, among the Romans, persons freeborn, who, for debt, were delivered bound to their creditors, and obliged to serve them until they could pay their debts. Means

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