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Money circulation scheme

receipt of any money or valuable thing as the consideration for a promise to pay money, on any event or contingency relative or applicable to the enrolment of members into the scheme, whether or not such money

Negotiation by delivery

of exchange or cheque delivered on condition that it is not to take effect except in a certain event is not negotiable (except in the hands of a holder for value without notice of the condition) unless

Perpetuating testimony

5 & 6 Vict. c. 69, any person who would become entitled, upon the happening of any future event, to any honour, title, dignity, or office, or to any property, real or personal, the right or claim

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Policy of insurance

A.'s paying a premium equivalent to the hazard run, B. will indemnify or insure him against a particular event. See INSURANCE. The (English) Policies of Assurance Act, 1867, enabled assignees of life policies to sue thereon in

Shall

not decisive and the context of the statute, the purpose of the prescription, the public injury in the event of neglect of the rule and the conspectus of circumstances bearing on the importance of the condition have

Stakeholder

Geo. 5, c. 58)]. As to when money deposited in the hands of a stakeholder, to abide the event of a wager, may be recovered, see Gaming Act, 1845, s. 18, and the title WAGER. A stakeholder

Vested interest

enjoyment. An interest is said to be contingent if the right of enjoyment is made dependent upon some event or condition which may or may not happen. On the happening of the event or condition a contingent

Welcher

Welcher, a person who receives money which has been deposited to abide the event of a race, and who has a predetermined intention to keep the money, and not to part with

Contingent remainder

Contingent remainder, a remainder limited so as to depend on an event or condition which may never happen or be performed, or which may not happen or be performed till

Year and a day

Year and a day, means in computing year and a day after an event, the day on which the event happens is counted as the first day, Stroud's Judicial Dictionary. Year and

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