Something which takes place after marriage; as a post nuptial settlement, which is a conveyance made generally by the husband for the benefit of the wife. 2. A post nuptial settlement is either with or without consideration. The former is valid even against creditors, when in other respects it in untainted with fraud. The latter, or when made without consideration, if bona … [Read more...] about POST NUPTIAL
P
POSTED WATERS
In Vermont Waters flowing through or lying upon Inclosed or cultivated lands, which are preserved for the exclusive use of the owner or occupant by his posting notices (according to the statute) prohibiting all persons from shooting, trapping, or fishing thereon, under a prescribed penalty. See State v. Theriault, 70 Vt. 617, 41 Atl. 1030, 43 L. R. A. 290, 67 Am. St. Rep. 695. … [Read more...] about POSTED WATERS
POST OBIT
contract. An agreement, by which the obligor borrows a certain sum of money and promises to pay a larger sum, exceeding the lawful rate of interest, upon the death of a person, from whom he has some expectation, if the obligor be then living. 2. Equity will, in general, relieve a party from these unequal contracts, as they are fraudulent on the ancestor. But relief will be … [Read more...] about POST OBIT
POSTERIORES
Latin: This term was used by the Romans to denote the descendants in a direct line beyond the sixth degree. … [Read more...] about POSTERIORES
POST OBIT BOND
A bond given by an expectant, to become due on the death of a person from whom he will have property. A bond or agreement given by a borrower of money, by which he undertakes to pay a larger sum, exceeding the legal rate of interest on or after the death of a person from whom he has expectations, in case of surviving him. Crawford v. Russell, 02 Barb. (N. Y.) 92; Boynton v. … [Read more...] about POST OBIT BOND