STOCK

descents. This is a metaphorical expression which designates, in the genealogy of a family, the person from whom others are descended: those persons who have so descended are called branches. Law Dictionary - Alternative Legal Definition In mercantile law. The goods and wares of a merchant or tradesman, kept for sale and traffic. In a larger sense. The capital of a merchant or … [Read more...] about STOCK

Latin: A root or stock of descent or title. Taking property by right of representation is called "succession per stirpes," In opposition to taking in one's own right or as a principal, which is termed "taking per capita." See Rotmanskey v. Helss, 86 Md. 633, 39 Atl. 415 … [Read more...] about STIRPS

(A) A term used in wills that refers to descendants of a common ancestor or branch of a family. See its application in will practice under per stirpes as opposed to per capita. (B) descents. The root, stem, or stock of a tree. Figuratively, it signifies, in law, that person from whom a family is descended, and also the kindred or family. 2. It is chiefly used in estimating the … [Read more...] about STIRPES

In the civil law. The party who asked the question in the contract of stipulation; the other party, or he who answered, being called the "promissor." But, in a more general sense, the term was applied to both the parties. Calvin. … [Read more...] about STIPULATOR

contracts. In the Roman law, the contract of stipulation was made in the following manner, namely; the person to whom the promise was to be made, proposed a question to him from whom it was to proceed, fully expressing the nature and extent of the engagement and, the question so proposed being answered in the affirmative, the obligation was complete. 2. It was essentially … [Read more...] about STIPULATION