In Saxon law. Contumacy or contempt of court Leg. JEtheL c 25. … [Read more...]
OWELTY
Equality. This word is used In law in several compound phrases, as follows: 1. Owelty of partition is a sum of money paid by one of two caparceners or co tenants to the other, when a partition has been effected between them, but, the land not being susceptible of division into exactly equal shares, such payment is required to make the portions respectively assigned to them of … [Read more...]
OVERISSUE
To issue in excessive quantity ; to issue in excess of fixed legal limits. Thus, "overissued stock" of a private corporation is capital stock issued in excess of the amount limited und prescribed by the charter or certificate of incorporation. See Hayden v. Charter Oak Driving Park, 63 Conn. 142, 27 Atl. 232. … [Read more...]
OWING
Something unpaid. A debt for example is owing while it is unpaid and whether it be due or not. … [Read more...]
OVERLIVE
To survive; to live longer than another. Finch, Law, b. 1, c 3, no. 58; 1 Leon. L … [Read more...]