A contractual clause where it is agreed that a party will not to hold the other party responsible for losses or damages. See also indemnity clause. … [Read more...]

A religious festival; a day set apart for commemorating some important event in history; a day of exemption from labor. Webster. A day upon which the usual operations of business are suspended and the courts closed, and, generally, no legal process is served. Legal holiday. A day designated by law as exempt from judicial proceedings, service of process, demand and protest of … [Read more...]

To stay in possession such as remaining on property after a lease has terminated. … [Read more...]

An island in a river or the sea. Spelman. Plain grassy ground upon water sides or in the water. Blount. Low ground intersected with streams. Spelman. … [Read more...]

The holder of a bill of exchange, promissory note, or check is the person who has legally acquired the possession of the same, from a person capable of transferring it, by indorsement or delivery, and who is entitled to receive payment of the instrument from the party or parties liable to meet it. Bowling v. Harrison, 6 How. 258, 12 L. Ed. 425; Crocker-Wool worth Nat. Bank v. … [Read more...]