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Receipt

Receipt, an acknowledgment in writing of having received a sum of money, which is prima facie but not conclusive evidence of payment, Skaife … s. 8] by the person to whom the receipt is given before he delivers it out of his hands. The receipt form sometimes indorsed upon a cheque or other bill of exchanges requires a 2d. stamp under

Lease

lease except a lease which may be made by parol (see above) must in all cases be in writing; (English) L.P. Act, 1925, s. 40 (reproducing part of s. 4 of the Statute of Frauds), unless the … user thereof does not disappear and at the expiry of the term or on termination the same is handed over to the lessor subject to the terms of the contract, express or implied, State of Karnataka v.

Bill of Exchange

Bills of Exchange Act, 1882 (45 & 46 Vict. c. 61), s. 3, as an 'unconditional order in writing, addressed by one person to another, signed by the person giving it, requiring the person to whom it … 1882, abovementioned, which, except s. 53, providing that a bill is not an assignment of funds in the hands of the drawee, assismilates the law of England and Scotland, but makes comparatively little alteration in the law

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Notice

LAND CHARGES; REGISTRATION OF LAND; PRIORI-TIES; MORTGAGE. See also PUBLIC NOTICE. Notice does not necessarily mean 'communication in writing'. When the Legislature used the word 'notice' it must be presumed to have borne in mind that it … the latter may protect his title, although it was affected with the equity arising from notice in the hands of the person from whom he derived it; for otherwise, no man would be safe in any purchase,

Directors

as a director or proposed director unless he has signed and filed with the registrar a consent in writing to act and to take his qualification shares, if any, and other formalities, and obliges him to obtain … the company; they are, however, trustees of any property of the company that may have come into their hands, however honestly they may have acted, and can as such plead the limitation under the Trustee Act, 1888,

will

will counter will : mutual will in this entry holographic will : a will written out in the hand of the testator and accepted as valid in many states provided it meets statutory requirements (as that no … will : a will allowed in some states that is dictated orally before witnesses and set down in writing within a statutorily specified time period (as 30 days) and that is allowed only for one in imminent

trust

the settlor ;specif : a trust created by a positive act of the settlor and set down in writing that expresses the intention to create a trust, identifies the property to be placed in trust, and names … activity, transferable certificates of interest, existence continuing after the death of beneficiaries, limited liability, legal title in the hands of trustees, and officers having duties of management called also common-law trust Massachusetts trust NOTE: A trust that

Distress

sale in all cases, but the (English) Act of 1888 dispenses with it unless it be required in writing by the tenant or owner of the goods; and enacts also that the goods must, at the request … Fr.], a taking, without legal process, of a personal chattel from the possession of a wrong-doer into the hands of a party grieved, as a pledge for the redressing an injury, the performance of a duty, or

Escrow

amount of time or until the occurrence of a condition at which time the third party is to hand over the document or property to the promisee, Black's Law Dictionary, 7th Edn., p. 565. … Escrow, a writing under seal delivered to a third person, to be delivered by him to the person whom it purports

Trust

by any subsequent acknowledgment of the trustee, however informally or indirectly made, as by a letter under his hand, by his statement of defence in an action, or by a recital in a deed, provided it relate … creations of trusts or confidences of any lands, tenements, or hereditaments shall be manifested and proved by some writing, signed by the party who is by law enabled to declare such trust, or by his will, or

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