Legal Term Dictionary

In or with good faith; honestly, openly, and sincerely; without deceit or fraud. Truly; actually; without simulation or pretense. Innocently; in the attitude of trust and confidence; without notice of fraud, etc. The phrase "bona fide" is often used ambiguously ; thus, the expression "a bona fide holder for value" More...

In or with good faith; honestly, openly, and sincerely; without deceit or fraud. Truly; actually; without simulation or pretense. Innocently; in the attitude of trust and confidence; without notice of fraud, etc. The phrase "bona fide" is often used ambiguously ; thus, the expression "a bona fide holder for value" may either mean a holder for real value, as opposed to a holder for pretended value, or it may mean a holder for real value, without notice of any fraud, etc. Byles, Bills, 121. -Bona fide purchaser. A purchaser for a valuable consideration paid or parted with in the belief that the vendor had a right to sell, and without any suspicious circumstances to put him on inquiry. Merritt v. Railroad Co., 12 Barb. (N. Y.) 605. One who acts without covin, fraud, or collusion; one who, in the commission of or connivance at no fraud, pays full price for the property, and in good faith, honestly, and in fair dealing buys and goes into possession. Sanders v. McAffee, 42 Ga. 250. A bona fide purchaser is one who buys property of another Without notice that some third person has a right to, or interest in, such property, and pays a full and fair price for the same, at the time of such purchase, or before he has notice of the claim or interest of such other in jthe property. Spicer v. Waters, 65 Barb. (N. Y.) 231. Bona fide possessor facit fructus consumptos suos. By good faith a possessor makes the fruits consumed his own. Tray. Lat Max. 57. Bona fides exigit ut quod convenit fiat. Good faith demands that what is agreed upon shall be done. Dig. 19, 20, 21; Id. 19, 1, oX); Id. 50, 8, 2, 13. Bona fides non patitur ut his idem exiigatur. Good faith does not allow us to demand twice the payment of the same thing. Dig. 50, 17, 57; Broom, Max. 338, note; Perine v. Dunn, 4 Johns. Ch. (N. Y.) 143. Less...

In the civil law. Of good faith; in good faith. This is a more frequent form than bona fide. -Bonae fidei contracts. In civil and Scotch law. Those contracts in which equity may interpose to correct inequalities, and to adjust all matters according to the plain intention of the parties. More...

In the civil law. Of good faith; in good faith. This is a more frequent form than bona fide. -Bonae fidei contracts. In civil and Scotch law. Those contracts in which equity may interpose to correct inequalities, and to adjust all matters according to the plain intention of the parties. 1 Karnes, Eq. 200.-Bonae fidei emptor. A purchaser in good faith. One who either was ignorant that the thing he bought belonged to another or supposed that the seller had a right to sell it. Dig. 50, 16, 109. See Id. 6, 2, 7, 11.-Bonae fidei possessor. A possessor in good faith. One who believes that no other person has a better right to the possession than himself. Mackeld. Rom. Law, | 243. Bona fidei possessor in id tantum quod sese pervenerit tenetur. A possessor in good faith is only liable for that which he himself has obtained. 2 Inst 285. Less...

n. A contract by specialty to pay a certain sum of money; being a deed or instrument under seal, by which the maker or obligor promises, and thereto binds himself, his heirs, executors, and administrators, to pay a designated sum of money to another; usually with a clause to the More...

n. A contract by specialty to pay a certain sum of money; being a deed or instrument under seal, by which the maker or obligor promises, and thereto binds himself, his heirs, executors, and administrators, to pay a designated sum of money to another; usually with a clause to the effect that upon performance of a certain condition (as to pay another and smaller sum) the obligation shall be void. TJ. S. V. Rundle, 100 Fed. 403, 40 C. C. A. 450; Turck v. Mining Co., 8 Colo. 113, 5 Pac. 838; Boyd v. Boyd, 2 Nott & McC. (S. C.) 126. The word "bond" shall embrace every written undertaking for the payment of money or acknowledgment of being bound for money, conditioned to be void on the performance of any doty, or the occurrence of anything therein expressed, and subscribed and delivered by the party making it, to take effect as his obligation, whether it be sealed or unsealed; and, when a bond is required by law. an undertaking in writing without seal shall be sufficient. Rev. Code Miss. 1880, | 19. The word "bond" has with us a definite legal signification. It has a clause, with a sum fixed as a penalty, binding the parties to pay the same, conditioned, however, that the payment of the penalty may be avoided by the performance by some one or more of the parties of certain acts. In re Fitch, 8 Redf. Sur. (N. Y.) 459. Bonds are either single (simple) or double, (conditional.) A single bond is one in which the obligor binds himself, his heirs, etc., to pay a certain sum of money to another person at a specified day. A double (or conditional) bond is one to which a condition is added that if the obligor does or forbears from doing some act the obligation shall be void. Formerly such a condition was sometimes contained in a separate instrument, and was then called a "defeasance." The term is also used to denote debentures or certificates of indebtedness issued by public and private corporations, governments, and municipalities, as security for the repayment of money loaned to them. Thus, "railway aid bonds" are bonds issued by municipal corporations to aid in the construction of railroads likely to benefit them, and exchanged for the company's stock. In old Scotch law. A bond-man; a slave. Skene. -Bond and disposition in security. In Scotch law. A bond and mortgage on land.- Bond and mortgage. A species of security, consisting of a bond conditioned for the repayment of a loan of money, and a mortgage of realty to secure the performance of the stipulations of the bond. Meigs v. Bunting, 141 Pa. 233, 21 Atl. 588, 23 Am. St. Rep. 273.-Bond creditor. A creditor whose debt is secured by a bond.-Bond for title. An obligation accompanying an executory contract for the sale of land, binding the vendor to make good title upon the performance of the conditions which entitle the vendee to demand a conveyance. White v. Stokes, 67 Ark. 184, 53 S. W. 1060.- Bond tenants. In English law. Copyholders and customary tenants are sometimes so called. 2 Bl. Comm. 148.-Official bond. A bond given by a public officer, conditioned that he shall well and faithfully perform all the duties of the office. The term is sometimes made to include the bonds of executors, guardians, trustees, etc. -Simple bond. At common law, a bond without penalty; a bond for the payment of a definite sum of money to a named obligee on demand or on a day certain. Burnside v. Wand, 170 Mo. 631, 71 S. W. 337, 62 L. R. A. 427. -Single bond. A deed whereby the obligor obliges himself, his heirs, executors, and administrators, to pay a certain sum of money to the obligee at a day named, without terms of defeasance. Less...

v. To give bond for, as for duties on goods; to secure payment of duties, by giving bond. Bonded, secured by bond. Bonded goods are those for the duties on which bonds are given.,

v. To give bond for, as for duties on goods; to secure payment of duties, by giving bond. Bonded, secured by bond. Bonded goods are those for the duties on which bonds are given., Less...

Slavery; involuntary personal servitude; captivity. In old English law, villenage, villein tenure. 2 Bl. Comm. 92.

Slavery; involuntary personal servitude; captivity. In old English law, villenage, villein tenure. 2 Bl. Comm. 92. Less...

See WAREHOUSE SYSTEM.

See WAREHOUSE SYSTEM. Less...

A surety; one who has entered into a bond as surety. The word seems to apply especially to the sureties upon the bonds of officers, trustees, etc., while bail should be reserved for the sureties on recognizances and bail-bonds. Haberstich v. Elliott, 189 111. 70, 59 N. E. 557.

A surety; one who has entered into a bond as surety. The word seems to apply especially to the sureties upon the bonds of officers, trustees, etc., while bail should be reserved for the sureties on recognizances and bail-bonds. Haberstich v. Elliott, 189 111. 70, 59 N. E. 557. Less...

L. Fr. In old English law. Good men, (of the jury.)

L. Fr. In old English law. Good men, (of the jury.) Less...

In old European law. Good men; a name given in early European jurisprudence to the tenants of the lord, who-judged each other in the lord's courts. 3 Bl. Comm. 349. Boni judicis est ampliare jurisdictionem. em. It is the part of a good judge to enlarge (or use liberally) his More...

In old European law. Good men; a name given in early European jurisprudence to the tenants of the lord, who-judged each other in the lord's courts. 3 Bl. Comm. 349. Boni judicis est ampliare jurisdictionem. em. It is the part of a good judge to enlarge (or use liberally) his remedial authority or jurisdiction. Ch. Prec. 329; 1 Wils. 284. Boni judicis est ampliare justitiam. It is the duty of a good judge to enlarge or extend justice. 1 Burr. 304. Boni judicis est judicium sine dilations mandare executioni. It is the duty of a good judge to cause judgment to be executed without delay. Co. litt. 289. Boni judicis est Utes dirimere, ne lis en lite oritur, et interest rcipublicae ut sint lines litium. It is the duty of a good judge to prevent litigations, that suit may not grow out of suit, and It concerns the welfare of a state that an end be put to litigation. 4 Coke, 15b; 5 Coke, 31a. Less...

In the civil law. To make a transfer or surrender of property, as a debtor did to his creditors. Cod. 7, 71.

In the civil law. To make a transfer or surrender of property, as a debtor did to his creditors. Cod. 7, 71. Less...