In common parlance, and in the language of the auction-room, property is understood to be "struck off" or "knocked down," when the auctioneer, by the fall of his hammer, or by any other audible or visible announcement signifies to the bidder that he is entitled to the property on paylug the amount of his bid, according to the terms of the sale. Sherwood v. Reade, 7 Hill (X. Y.) … [Read more...]
STREET
A road in a village or city. In common parlance the word street is equivalent to highway. . 2. A permission to the public for the space of eight, or even of six years, to use a street without bar or impediment, is evidence from which a dedication to the public maybe inferred. … [Read more...]
STRIKING A DOCKET
In English practice. The first step in the proceedings in bankruptcy, which consists in making affidavit of the debt and giving a bond to follow up the proceedings with effect 2 Steph. Comm. 199. When the affidavit and bond are delivered at the bankrupt office, an entry is made in what is called the "docket-book," upon which the petitioning creditor is said to have struck a … [Read more...]
STREET NAME
Shares of securities that are held in the name of a broker that are owned by a customer. … [Read more...]
STREIGHTEN
In the old books. To narrow or restrict, "the habendum should not streighten the devise." 1 Leon. 58. … [Read more...]