(A) Most commonly, the rules that are created to govern the internal working or actions of a corporation, which will typically include procedures for holding meetings, electing officers and the board of directors, duties and powers of the officers and are initially created by the founders of a corporation. (B) Rules and ordinances made by a corporation for its own government. … [Read more...]

Regulations, ordinances, or rules enacted by a private corporation for its own government A by law is a rule or law of a corporation, for its government, and is a legislative act, and the solemnities and sanction required by the charter must be observed. A resolution is not necessarily a by law though a by law may be in the form of a resolution Peck v. Elliott, 79 Fed. 10, 24 … [Read more...]

A special trust designed to reduce the overall estate tax liability by passing over one person who would normally be taxed. The most common is an AB trust. … [Read more...]

The statute law of New Jersey recognizes three different kinds of roads: A public road, a private road, and a byroad. A by road is a road used by the inhabitants, and recognized by statute, but not laid out. Such roads are often called "driftways." They are roads of necessity in newly settled countries. Van Blarcom v. Frike, 29 N. J. Law, 516. See, also, Stevens v. AUen, 29 N. … [Read more...]

An onlooker. Someone who observes something or an act without participation. … [Read more...]