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Handbook of the Law of Suretyship and Guaranty (Paperback) Loot Price: R510 Discovery Miles 5 100
Handbook of the Law of Suretyship and Guaranty (Paperback): Frank Hall Childs
Handbook of the Law of Suretyship and Guaranty (Paperback): Frank Hall Childs

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Handbook of the Law of Suretyship and Guaranty (Paperback)

Frank Hall Childs

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Loot Price R510 Discovery Miles 5 100

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907. Excerpt: ... APPENDIX A good lawyer always should protect the interests of his client, provided he does not work injustice to others. When a lawyer is employed to draw up a bond, he has it in his power to make it more advantageous for one party than for the other, such as by inserting express conditions to overcome those implied by law. If he is employed by both parties, he should endeavor to make the contract as advantageous to one as to the other, and give to each a copy thereof. Suppose the employe of a bank be required to give a bond. The employe might be instructed to furnish it, or the attorney of the bank might draw up the bond, and call in the employe and his sureties to execute it. In the former case, the employe and the sureties do not wish to incur any greater risk than necessary; in the latter, the bank desires that the sureties shall not have any excuse for escaping liability. To illustrate the difference that easily might be made in such a case, the following forms are given, the first giving the bond presented by the employe; the latter, the one drawn in the interests of the bank. Form of Bond Protecting Interests of Sureties. Know All Men By These Presents, That we, Guy Guernsey, as principal (hereinafter designated as the principal), and William B. Walrath and Clinton S. Woolfblk, as sureties (hereinafter designated as the sureties), all of the city of Chicago, in the county of Cook, and state of Illinois, are bound severally and respectively unto the Calumet Trust & Savings Bank, a corporation of the state of Illinois, in said city of Chicago (hereinafter designated as the bank), in the sum of five thousand ($5,000.00) dollars each, i good and lawful money i While this provision gives the bank security to the extent of $10,000, it prevents either one ..


Imprint: General Books LLC
Country of origin: United States
Release date: February 2012
First published: February 2012
Authors: Frank Hall Childs
Dimensions: 246 x 189 x 12mm (L x W x T)
Format: Paperback - Trade
Pages: 226
ISBN-13: 978-1-150-44548-4
Barcode: 9781150445484
Categories: Books
LSN: 1-150-44548-3

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