STATED

Settled; closed. An account stated means an account settled, and at an end. Pull. Acc’ts, 33. “In order to constitute an account stated, there must be a statement of some certain amount of money being due, which must be made either to the party himself or to some agent of his.” Stated meeting. A meeting of a board of directors, board of officers, etc., held at the time appointed therefor by law, ordinance, bylaw, or other regulation; as distinguished from “special” meetings, which are held on call as the occasion may arise, rather than at a regularly appointed time, and from adjourned meetings. See Zulich v. Bowman, 42 Pa. 87. Stated term. A regular or ordinary term or session of a court for the dispatch of its general business, held at the time fixed by law or rule; as distinguished from a special term, held out of the due order or for the transaction of particular business.