Ed O'Brien
What isSURETY?
A promise to fulfull a contract. Or a party who will take the liability for the original party in a bond.Law Dictionary: What is SURETY? definition of SURETY (Black's Law Dictionary) http://thelawdictionary.org/surety-2/#ixzz2Rt0ZO300
What isSURETY?
A surety is one who at the request of another, and for the purpose or se- curing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. Civ. Code Cal.Law Dictionary: What is SURETY? definition of SURETY (Black's Law Dictionary) http://thelawdictionary.org/surety/#ixzz2Rt1HQAwc
What isHYPOTHECATE?
To pledge a thing without delivering the possession of it to thepledgee. “The master, when abroad, and in the absence of the owner, mayhypothecate the ship, freight, and cargo, to raise money requisite for thecompletion ofthe voyage.” 3 Kent, Comm. 171. See Spect v. Spect, 88 Cal. 437, 20 Pac. 203, 13 L. It.A. 137, 22 Am. St. Itep. 314; Ogden v. Lathrop, 31 N. Y. Super. Ct. 051.Law Dictionary: What is HYPOTHECATE? definition of HYPOTHECATE (Black's Law Dictionary) http://thelawdictionary.org/hypothecate/#ixzz2Rt1mCnvz
Printed copy · Anthology Volume 1, page 1020
