"Cessio Bonorum" is a word in LAW AND LEGAL
In Roman law. Cession of goods. A surrender, rellnqulsh-ment, or assignment of all his property and effects made by an insolvent debtor for the benefit of his creditors. Tbe effect of this voluntary action on the debtor’s part was to secure him against imprisonment or any bodily punishment, and from infamy, and to cancel his debts to the extent of the property ceded. It much resembled our voluntary bankruptcy or assignment for creditors. The term is commonly employed iu modern con-tinental jurisprudence to designate a bankrupt’s assignment of property to be distrib-uted among his creditors, aud is used in tlie same sense hy some Eugllsh and American writers, hut here rather as a conveuient than as a strictly technical term. See 2 Bl. Comm. 473; 1 Kent, Comm. 247, 422; Ersk. Inst. 4, 3, 26
I really cherish the memories I have of my trips. For some reason, when you travel, it's like your mind picks up on the fact that this is something uncharacteristic, so it tunes in more acutely and remembers better.
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Q: Did you hear that the Clinton's had Air Force 1 remodeled?A: Now it's got two left wings.
To apportion, distribute; to dl-vide property previously held in common among those entitled, assigning to each his ratable portion, to …
Read the complete definitionThe act of apportioning; a dividing into just proportions or shares; a division or shares; a division and assignment, to …
Read the complete definitionA person to whom property or an interest is transferred; as, a deed to a man and his heirs and …
Read the complete definitionA person to whom an assignment is made; a person appointed or deputed by another to do some act, perform …
Read the complete definitionA person to whom an assignment is made. Allen v. Pancoast, 20 N. J. Law, 74; Ely v. Cora'rs, 49 …
Read the complete definitionThe transfer of the property of a bankrupt to certain persons called assignees, in whom it is vested for the …
Read the complete definitionone who makes an assign-ment of any kind; one who assigns or trans-fers property
Read the complete definitionAssignees; those to whom property shall have been transferred. Now seldom used except in the phrase, in deeds, “helrs, administrators, …
Read the complete definitionA real right, susceptible of assignment and of descent, charged on productive real estate, the right being coupled with the …
Read the complete definitionIn French lnw. Hy-pothecatlon; a mortgage on real property; the right vested ln a creditor by the assign-inent to hlm …
Read the complete definitionook. In mercantile law. A book in which an account of bilis of exchange and prom-issory notes, whether payable or …
Read the complete definitionThat which is written on the back of a note, bill, or other paper, as a name, an order for, …
Read the complete definitionThe act of a payee, drawee, accommodation Indorser, or holder . of a bill, note, check, or other negotiable to-strnment, …
Read the complete definitionTo assign to a bidder at an auction by a knock or blow of the hammer. Property is‘ said to …
Read the complete definitionThe act of an lnsolveut debtor who, in distributing his property or in assigning it for the benefit of his …
Read the complete definitionAn assignment of property for the benefit of creditors, made by an Insolvent debtor, in which it is directed that …
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