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POUNDAGE

by Law Professor

In practice. An allowance to the sheriff of so much In the pound upon the amount levied under an execution. Bowe v. Campbell, 2 Civ. Proc. R. (N. Y.) 234. The money which an owner of animals impounded must pay to obtain their release. In old English law. A subsidy to the value of twelve pence in the pound, granted to the king, of all manner of merchandise of every merchant, as … [Read more...] about POUNDAGE

POWER COUPLED WITH AN INTEREST

by Law Professor

By this phrase is meant a right or power to do some act, together with an interest in the subject matter on which the power is to be exercised. It is distinguished from a naked power, which is a mere authority to act, not accompanied by any interest of the donee in the subject matter of the power. Is it an interest in the subject on which the power is to be exercised, or is it … [Read more...] about POWER COUPLED WITH AN INTEREST

POUR ACQUIT

by Law Professor

Fr. In French law. The formula which a creditor prefixes to his signature when he gives a receipt. … [Read more...] about POUR ACQUIT

POWER OF ACCEPTANCE

by Law Professor

The capacity and authority to agree to an offer and create a binding contract. … [Read more...] about POWER OF ACCEPTANCE

POUR COMPTE DE QUI IL APPARTMENT

by Law Professor

Fr. For account of whom it may concern. … [Read more...] about POUR COMPTE DE QUI IL APPARTMENT

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