Cases Argued And Determined in the Court for the Trial of Impeachments And Correction of Errors in the State of New-York [1796-1805]
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Cases Argued And Determined in the Court for the Trial of Impeachments And Correction of Errors in the State of New-York [1796-1805]
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In our eReader you can find the full English version of the book. Read Cases Argued And Determined in the Court for the Trial of Impeachments And Correction of Errors in the State of New-York [1796-1805] Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Cases Argued And Determined in the Court for the Trial of Impeachments And Correction of Errors in the State of New-York [1796-1805]
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a bonajide purchaser, does not alter the question. — — I L^ He takes the title of his vendor, and stands exactly in his situation. Therefore, as to the effect of the bottomry, Delavigne and TVilliams are to be consid*- Cred as one person, and the property equally affected by the lien, whether in the hands of one or the othen It is like the common case of a purchase of a chattel from an apparent owner. The vendee, unless it be sold in a market overt, takes it subject to the rights of third perso...ns. The defendant, therefore, could acquire no greater interest under the sale, than that which Delavigne could dispose of; that is, the surplus va- lue beyond the hypothecation. To the extent of the bottomry bond, the holder of the bond is owner of the vessel ; and herein it differs from a mortgage.— This will appear by adverting to a bottomry bond, which is, in effect, a species of insurance, nay, its twin-brother. In the former, the money is advanced before the loss ; in the latter, after.
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You can find similar books in the "Read Also" column, or choose other free books by New York (State ). Supreme Court to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
a bonajide purchaser, does not alter the question. — — I L^ He takes the title of his vendor, and stands exactly in his situation. Therefore, as to the effect of the bottomry, Delavigne and TVilliams are to be consid*- Cred as one person, and the property equally affected by the lien, whether in the hands of one or the othen It is like the common case of a purchase of a chattel from an apparent owner. The vendee, unless it be sold in a market overt, takes it subject to the rights of third perso...ns. The defendant, therefore, could acquire no greater interest under the sale, than that which Delavigne could dispose of; that is, the surplus va- lue beyond the hypothecation. To the extent of the bottomry bond, the holder of the bond is owner of the vessel ; and herein it differs from a mortgage.— This will appear by adverting to a bottomry bond, which is, in effect, a species of insurance, nay, its twin-brother. In the former, the money is advanced before the loss ; in the latter, after.
What to read after Cases Argued And Determined in the Court for the Trial of Impeachments And Correction of Errors in the State of New-York [1796-1805]?
You can find similar books in the "Read Also" column, or choose other free books by New York (State ). Supreme Court to read onlineMoreLess
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