Receivers Certificate - Law Dictionary Search Results
Home Dictionary Name: receivers certificateReceivers certificate
An acknowledgement of indebtedness made by a receiver under order of court to obtain funds for the preservation of the assets held by him as for operating a railroad Receivers certificates are ordinarily a first lien on the assets prior to that of bonds or other securities...
trust
trust 1 a : a fiduciary relationship in which one party holds legal title to another's property for the benefit of a party who holds equitable title to the property b : an entity resulting from the establishment of such a relationship see also beneficiary, cestui que trust, corpus declaration of trust at declaration, principal, settlor NOTE: Trusts developed out of the old English use. The traditional requirements of a trust are a named beneficiary and trustee (who may be the settlor), an identified res, or property, to be transferred to the trustee and constitute the principal of the trust, and delivery of the res to the trustee with the intent to create a trust. Not all relationships labeled as trusts have all of these characteristics, however. Trusts are often created for their advantageous tax treatment. accumulation trust : a trust in which principal and income are allowed to accumulate rather than being paid out NOTE: Accumulation trusts are disfavored and often restricted...
Stock certificates
Stock certificates. By the National Debt Act, 1870, it is provided that a holder of British Government Stock may obtain a stock certificate; that is to say, a certificate of title to his stock or any part thereof, with coupons annexed, entitle in the bearer of the coupons to the dividends on the stock (s. 26); that a certificate shall not be issued in respect of any sum of stock not being 50l., or a multiple of 50l., or exceeding 1000l. (s. 28); that a trustee of stock shall not apply for or hold a stock certificate, unless authorized to do so by the terms of his trust (s. 29); that no notice of any trust in respect of any certificate or coupon shall be receivable (s. 30); that where a stock certificate is outstanding the stock represented thereby shall cease to be transferable in the Bank books (s. 31); that a tock certificate, unless a name is inscribed thereon, shall entitle the bearer to the stock therein described, and shall be transferable by delivery (s. 32). The Act also contai...
receiver's certificate
receiver's certificate : a debt instrument that is issued by the receiver of a corporation and that may have priority over other liens against the company ...
Land certificate
Land certificate, means a document entitling a person to receive from the government a certain amount of land by following prescribed legal steps. It contains an official description of the land, as well as the name and address of the person receiving the entitlement, and is prima facie evidence of the truth of the matters it contains. Also termed land warrant, Black's Law Dictionary, 7th Edn., p. 882....
Veterinary Surgeon
Veterinary Surgeon [fr. veterinarius, concerned with veterinum, a beast of burden]. A person who treats the illnesses, etc., of animals. A Royal College of Veterinary Surgeons was incorporated in 1844, and supplemental charters were granted thereto in 1876 and 1879. The Charter of 1876 directed a register of veterinary surgeons to be kept. The (English) Veterinary Surgeons Act, 1881, regulates the correction of the register, enacts that examinations shall be held in accordance with the charters, and provides that no person not qualified by registra-tion, etc., may recover in any court any charge for performing any veterinary operation, or for giving any veterinary advice, and imposes penalties for false representation as to membership of the college and prohibits unregistered practitioners from using the title of veterinary surgeon or veterinary practitioner. The college has disciplin-ary powers over its members, which have been extended to holders of the veterinary certificate of the ...
Silver certificate
A certificate issued by a government that there has been deposited with it silver to a specified amount payable to the bearer on demand In the United States and its possessions it is issued against the deposit of silver coin and is not legal tender but is receivable for customs taxes and all public dues In the United States the redeemability in silver of silver certificates was discontinued in the 1970s they are still 1997 accepted as money at the face dollar value but cannot be redeemed in silver...
Pawnbroker
Pawnbroker, contemplates that every person who keeps a shop for the purchase or sale of goods or chattels and who purchases goods or chattels and pays or advances thereon any sum of money, with or under an agreement or understanding expressed or implied that the goods or chattel may be afterwards repurchased on any terms, is a 'pawnbroker', Karnataka Pawnbrokers' Assn. v. State of Karnataka, (1998) 7 SCC 707.One who lends money on goods which he receives upon pledge.The rate of interest which pawnbrokers may take has been fixed by law since 1800, by 39 & 40 Geo. 3, c. 48, which Act placed their whole business under various other restrictions. By the (English) Pawn-brokers Act, 1872 (which applies to Scotland, but not to Ireland), this Act, together with its amending Acts, is repealed, and the statute law of the subject consolidated. Sch. IV., dealing with profits and charges, has been amended by the (English) Pawnbrokers Act, 1922, in respect of loans not exceeding 40s.By s. 5 of the A...
priority date
priority date The priority date decides a person's turn to apply for an immigrant visa. In family immigration the priority date is the date when the petition was filed at a U.S. Citizenship and Immigration Services (USCIS) office or submitted to an Embassy or Consulate abroad. In employment immigration the priority date may be the date the labor certification application was received by the Department of Labor (DOL). Source: Department of State. March 2007. ...
Subscriber
Subscriber, means a person in whose name the Digital Signature Certificate is issued. [Information Technology Act, 2000 (21 of 2000), s. 2(1) (zg)]Means a person who receives the signals of cable television network at a place indicated by him to the cable operator, without further transmitting it to any other person. [Cable Television Networks (Regulation) Act, 1995 (7 of 1995), s. 2 (i)]Includes a person who holds a fraction of a ticket and also a transferee of a ticket thereof by assignment in writing or by operation of law. [Chit Funds Act, 1982 (40 of 1982), s. 2(r)]...
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