A person who is in present possession of an office; one who is legally authorized to discharge the duties of an office. State v. McCollister, 11 Ohio, 50; gtate v. Blakemore, 104 Mo. 840, 15 S. W. 960. In ecclesiastical law, the term signifies a clergyman who is in possession of a benefice. … [Read more...] about INCUMBENT
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INDEBITUM
In the civil law. Not due or owing. (Dig. 12, 6.) Calvin. … [Read more...] about INDEBITUM
INCORPORATION
(A) This term is frequently confounded, particularly in the old books, with corporation. The distinction between them is this, that by incorporation is understood the act by which a corporation is created; by corporation is meant the body thus created. Vide Corporation. (B) civil law. The union of one domain to another. Law Dictionary - Alternative Legal Definition 1. The act … [Read more...] about INCORPORATION
INCUMBER
To incumber land is to niake it subject to a charge or liability; e.g., by mortgaging it. Incumbrances include not only mortgages and other voluntary charges, but also liens, lites pendente, registered judgments, and writs of execution, etc. Sweet See Newhall v. Insurance Co., 52 Me 181. … [Read more...] about INCUMBER
INDEBTEDNESS
The state of being in debt, without regard to the ability or inability of the party to pay the same. The word implies an absolute or complete liability. A contingent liability, such as that of a surety before the principal has made default, does not constitute indebtedness. On the other hand, the money need not be immediately payable. Obligations yet to become due constitute … [Read more...] about INDEBTEDNESS