insurance. The words neutral property in a policy of insurance, have the effect of warranting that the property insured is neutral; that is, that it belongs to the citizens or subjects of a state in amity with the belligerent powers. 2. This neutrality must be complete hence the property of a citizen or subject of a neutral state, domiciled in the dominions of one of the … [Read more...]

In Scotch law. A grandson. Skene. … [Read more...]

The state of a nation which takes no part between two or more other nations at war. Neutrality laws. Acts of congress which forbid the fitting out and equipping of armed vessels, or the enlisting of troops, for the aid of either of two belligerent powers with which the United States is at peace. Neutrality Proclamation. A proclamation by the president of the United States, … [Read more...]

Latin, meaning No one can verify by the country, that is, through a jury, against the record. … [Read more...]

Clear of anything extraneous; with all deductions, such as charges, expenses, discounts, commissions, taxes, etc.; free from expenses. St. John v. Erie R. Co., 22 Wall. 148, 22 L. Ed. 743; Scott v. Hartley, 126 Ind. 239, 25 N. E. 826; Gibbs'v. People's Nat. Bank, 198 111. 307, 64 N. E. 1060. Net balance. The proceeds of sale, after deducting expenses. Evans v. Wain. 71 Pa . 69. … [Read more...]