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Home » Law Dictionary » A » ADMISSION

ADMISSION

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

(A) (1) A statement by one party during discovery that admits that certain facts are true. (2) A statement made out of court by an adversary that is offered into evidence as an exception to hearsay rule. (B) in corporations or companies. The act of the corporation or company by which an individual acquires the rights of a member of such corporation or company. 2. In trading and joint stock corporations no vote of admission is requisite; for any person who owns stock therein, either by original subscription or by conveyance, is in general entitled to, and cannot be refused, the rights and privileges of a member. 3. All that can be required of the person demanding a transfer on the books, is to prove to the corporation his right to the property. 4. In a Mutual Insurance Company, it has been held, that a person may become a member by insuring his property, paying the premium and deposit-money, and rendering himself liable to be assessed according to the rules of the corporation.

Law Dictionary – Alternative Legal Definition

In evidence. A voluntary acknowledgment, confession, or concession of the existence of a fact or the truth of an allegation made by a party to the suit. Roosevelt v. Smith, 17 Misc. Rep. 323, 40 N. Y. Supp. 381. In pleading. The concession or acknowledgment by one party of the truth of some matter alleged by the opposite party, made in a pleading, the effect of which is to narrow the area of facts or allegations requiring to be proved by evidence. Connecticut Hospital v. Brookfield, 69 Conn. 1, 36 Atl. 1017. In practice. The formal act of a court, by which attorneys or counsellors are recognized as officers of the court and are licensed to practice before it In corporations. The act of a corporation or company by which an individual acquires the rights of a member of such corporation or company. In English ecclesiastical law. The act presented by the patron, after examination, declares him fit to serve the cure of tne church to which he is presented, by the words “admitto te habilem,” I admit thee able. Co. Litt. 344a; 4 Coke, 79; 1 Crabb, Real Prop. p. 138,

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