(verb) - To finish, terminate, complete, wind up; as, to "close" an account, a bargain, an estate, or public books, such as tax books. Patton v. Ash, 7 Serg. & It (Pa.) 116; Coleman v. Garrigues, 18 Barb. (N. Y.) 67; Clark v. New York, 13 N. Y. St. Rep. 292; Bilafsky v. Abraham, 183 Mass. 401, 67 N. E. 818 To shut up, so as to prevent entrance or access by any person; as in … [Read more...] about CLOSE
C
CLOUGH
A valley. Also an allowance for the turn of the scale, on buying goods wholesale by weight … [Read more...] about CLOUGH
CLOSE CORPORATION
This refers to a corporation that usually privately owned and operated by a few persons, usually family members. This is as opposed to corporations owned by the public. State laws provide for less formalities for close corporations, such as shareholders being able to make decisions without a meeting of the board of directors and electing/appointing board members to empty seats … [Read more...] about CLOSE CORPORATION
CLUB
A voluntary, unincorporated association of persons for purposes of a social, literary, or political nature, or the like. A club is not a partnership. 2 Mees. & W. 172. The word "club" has no very definite meaning. Clubs are formed for all sorts of purposes, and there is no uniformity in their constitutions and rules. It is well known that clubs exist which limit the number … [Read more...] about CLUB
CLEAN HANDS
It is a rule of equity that a plaintiff must come with "clean hands" i.e. he must be free from reproach in his conduct. But there is this limitation to the rule: that his conduct can only be excepted to in respect to the subject-matter of his claim ; everything else is immaterial. American Ass … [Read more...] about CLEAN HANDS
