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Private Treaty - Law Dictionary Search Results

Home Dictionary Name: private treaty

private treaty

private treaty : a sale of property on terms determined between the buyer and the seller [got better prices by private treaty than his neighbors did at auction] ...


treaty

treaty pl: treaties [Anglo-French treté, from Middle French traité, from Medieval Latin tractatus, from Latin, handling, treatment, from tractare to treat, handle] 1 : the action of treating and esp. of negotiating 2 : an agreement or arrangement made by negotiation: as a : private treaty b : a contract in writing between two or more political authorities (as states or sovereigns) formally signed by representatives duly authorized and usually ratified by the lawmaking authority of the state [the president…shall have power, by and with the advice and consent of the Senate, to make treaties "U.S. Constitution art. II"] compare executive agreement 3 : a document embodying a negotiated agreement or contract 4 : an agreement or contract (as between companies) providing for treaty reinsurance ...


Conditions of sale

Conditions of sale. The terms set forth in writing upon which an estate of interest is to be sold by auction, tender, or private treaty. Together with the particulars (q.v.) the conditions constitute the offer for sale. Conditions of sale will be construed so as to collect the meaning of the parties without incumbering them with the technical meaning of words; for, as Lord Hardwicke declared, 'there is no magic in words.' But the conditions should be accurate, for they cannot be contradicted by parol at the sale; 'the babble of the auction room,' as Lord Eldon termed it, being inadmissible as evidence, and this although the purchaser by the written agreement bind himself to abide by the conditions and declarations made at the sale. If the conditions require alteration, they should be so altered in writing before the sale. See AUCTION; CONTR-ACT OF SALE. In sales of land, conditions of sale usually refer to the following matters:-Bidding at the auction, payment of deposit, date of compl...


Mortgagee

Mortgagee, a 'mortgagee' for the purpose of redemption would include all persons who derive title from him and it is immaterial whether that title is derived by sale in invitum or by private treaty, whether it is by act of parties or by operation of law. A purchaser from the mortgage is also liable to be redeemed as he must be deemed to be a representative of the mortgage and to have as such purchased the property subject to the mortgage and the equity of redemption of the mortgagor, Abdul Ghaffoor v. (Mst.) Paharia, 1957 Pat 136.Mortgagee, he that takes a mortgage as security for a loan. See preceding title...


treaty trader or investor

treaty trader or investor As a nonimmigrant class of admission, an alien coming to the United States, under the provisions of a treaty of commerce and navigation between the United States and the foreign state of such alien, to carry on substantial trade or to direct the operations of an enterprise in which he/she has invested a substantial amount of capital, and the alien's spouse and unmarried minor children. Source: U.S. Citizenship and Immigration Services ...


Patent Cooperation Treaty

Patent Cooperation Treaty, means the patent cooperation treaty done at Washington on the 19th day of June, 1970 as amended and modified from time to time. [The Patents Act, 1970, s. 2(oa)]...


Treaty

Treaty, negotiation, act of treating, a compact between nations. It is the sovereign's prerogative to make treaties, leagues, and alliances with foreign states and princes.A formally signed and ratified agreement between two nations or sovereign; an international agree-ment concluded between two or more states is written form and governed by international law, Black's Law Dictionary, 7th Edn., p. 1507...


Washington, Treaty of

Washington, Treaty of. A treaty signed on May 8th, 1871, between Queen Victoria and the United States of America, as to certain differences arising out of the war between the Northern and Southern States of the Union, the Canadian Fisheries, and other matters. See 35 &36 Vict. c. 45....


Private company

Private company. A 'private company' is defined by s. 26 of the (English) Companies Act, 1929, as follows:-Company privately formed by members who subscribe the whole of the capital among them-selves.26. --(1), For the purposes of this Act the expression 'private company' means a company which by its articles-(a) restricts the right to transfer its shares; and(b) limits the number of its members to 50, not including persons who are in the employment of the company and persons who, having been formerly in the employment of the company, were, while in that employment and have continued after the determination of such employment to be, members of the company; and(c) prohibits any invitation to the public to subscribe for any shares or debentures of the company.(2) Where two or more persons hold one or more shares in a company jointly they shall, for the purposes of this section, be treated as a single member.S. 27, ibid., provides that if a company alters its articles so that the provisio...


Private

Belonging to or concerning an individual person company or interest peculiar to ones self unconnected with others personal ones own not public not general separate as a mans private opinion private property a private purse private expenses or interests a private secretary...


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