Lxxx - Law Dictionary Search Results
Home Dictionary Name: lxxxCancellation
Cancellation, any manner of obliteration and defacement, as of an adhesive stamp in the manner prescribed by s. 8 of the (English) Stamp Act, 1891 (54 & 55 Vict. c. 91), which enacts that-(1) Mode of Cancellation. An instrument, the duty upon which is required or permitted by law [see ss. 22, 34, 49(2), 52(3), 64, 69(3), 78(1), 79(2), 80(2), 85(1), 90, 99, 101(2), 110(1), and 111(2)], to be denoted by an adhesive stamp, is not to be deemed duly stamped with an adhesive stamp, unless the person required by law to cancel the adhesive stamp cancels the same by writing on or across the stamp his name or initials, or the name or initials of his firm, together with the true date of his so writing, or otherwise effectively cancels the stamp and renders the same incapable of being used for any other instrument, or for any postal purpose, or unless it is otherwise proved that the stamp appearing on the instrument was affixed thereto at the proper time.(2) Plurality of Stamps. Where two or more ...
Drunkenness
Drunkenness, intoxication with strong liquor; habit-ual inebriety. A contract made by a person when so drunk as to be unable to understand what he is doing is voidable if the person with whom the contract was made was aware of the fact, but it is not void, and may be ratified when he becomes sober, Matthews v. Baxter, (1873) LR 8 Ex 132. Mere drunknness was punishable by statutes 4 Jac. 1, c. 5, and 21 Jac. 1, c. 7, ss. 1, 3, by a fine of five shillings and confinement in the stocks in default of distress. Under the Licensing Act, 1872 (35 & 36 Vict. c. 94), which repeals various previous enactments, drunkenness in a public place or licensed house is punishable by fine (s. 12). Disorderly drunkenness is punishable by fine or imprisonment, and refusal by drunken persons to quit licensed premises is punishable by fine. [(English) Licensing Consolidation Act, 1910, s. 80]The 1st s. of the (English) Licensing Act, 1902 (2 Edw. 7, c. 28), enacts that--If a person is found drunk in any highw...
Letters-patent, or letters overt
Letters-patent, or letters overt [fr. liter' patentes, Lat.], writings of the sovereign, sealed with the Great Seal of England, whereby a person or public company is enabled to do acts or enjoy privileges which he or it could not do or enjoy without such authority. They are so called because they are open with the seal affixed and ready to be shown for confirmation of the authority thereby given. Peers are sometimes created by letters-patent, and letters-patent of precedence were granted to barristers. By letters-patent aliens are made denizens, and especially new inventions are protected; hence the incorporeal chattel of patent-right.A 'patent-right' is a privilege granted by the Crown to the first inventor of any new contrivance in manufactures, that he alone shall be entitled, during a limited period, to make Articles according to his own invention--Statute of Monopolies, 21 Jac. 1, c. 3.To be the subject of a patent-right an article must be material and capable of manufacture, an i...
Rajya Sabha
Rajya Sabha, is not a subject of dissolution; but one-third of its members retire on the expiration of every second year. [Constitution of India, Art. 83(1)]Rajya Sabha, is the Council of States; the upper House or second chamber of Parliament of India. Constitution of India, Art. 79.Means the legislative council of a state while the state legislative assembly is generally known as Rajya Vidhan Sabha. But in the absence of any authoritative translation of the expression 'State legislative assembly' in Gujarati, the Supreme Court is not guided by the popular rendering of the expression, Virjiram Sutaria v. N.P. Bhavadia, AIR 1970 SC 765: (1969) 1 SCC 77.Members nominated to Rajya Sabha consist of persons having special knowledge or practical experience in literature, science, art and social service. Constitution of India, Art. 80.The representatives of the Union Territories are elected by an electoral college, Representation of Peoples' Act, 1951, section 27A; Constitution of India, Art...
cash-out refinance
cash-out refinance when a borrower refinances a mortgage at a higher principal amount to get additional money. Usually this occurs when the property has appreciated in value. For example, if a home has a current value of $100,000 and an outstanding mortgage of $60,000, the owner could refinance $80,000 and have additional $20,000 in cash. Source: U.S. Department of Housing and Urban Development ...
mortgage insurance
mortgage insurance a policy that protects lenders against some or most of the losses that can occur when a borrower defaults on a mortgage loan; mortgage insurance is required primarily for borrowers with a down payment of less than 20% of the home's purchase price. Insurance purchased by the buyer to protect the lender in the event of default. Typically purchased for loans with less than 20 percent down payment. The cost of mortgage insurance is usually added to the monthly payment. Mortgage insurance is maintained on conventional loans until the outstanding amount of the loan is less than 80 percent of the value of the house or for a set period of time (7 years is common). Mortgage insurance also is available through a government agency, such as the Federal Housing Administration (FHA) or through companies (Private Mortgage Insurance or PMI). Source: U.S. Department of Housing and Urban Development ...
supermajority
supermajority : a large majority [a provision requiring a vote — say, 80 % of the common shares instead of the usual bare majority rule "R. C. Clark"] ...
fermium
the transuranic element of atomic number 100 symbol Fm The atomic weight of the most stable isotope having a half life of about 80 days is 257 The first isotope Fm255 was discovered in 1952 in the debris of a thermonuclear explosion Other istopes have been produced in nuclear reactors and by decay of other transuranic elements...
lxxx
the Roman numeral representation of eighty eight times ten a determinate quantifier...
Mess beef
Barreled salt beef packed with about 80 pounds chuck and rump two flanks and the rest plates...
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