Live Articles on Suretyship ...Underwriter Printing and Publishing Company, 1920 |
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acts administration adverse selection agent American American surety companies amount application appointment ascer assets authority bank bankers blanket bond bonding companies burglary cash checks claim contract contractors corporate bond corporate surety court cover coverage creditors debts decedent defalcations default depository direct writing companies discharge dishonesty distribution duty embezzlement employee executor failure faith fictitious Fidelity and Deposit fidelity bonds fidelity insurance filed form of bond forms of insurance fraud funds give given guarantee guaranty insurance guardian handling hazardous home office honesty insolvent insurance company insured's premises interested intestacy inventory investigation investment issued jurisdiction levy liability Lloyds policy loss obligation obligee paid payment position bond premium principal protection question rates real estate reason received reinsurance representative representative's responsible risk rule securities sheriff statute statutory stock brokers surety bond surety companies tax collector term tion underwriter usually vessel ward
Popular passages
Page 17 - The contract of the surety is to be construed like other contracts, so as to give effect to the intention of the parties. In ascertaining that intention we...
Page 9 - If the insured cannot bring himself within the conditions of the* policy, he is not entitled to recover for the loss. The terms of the policy constitute the measure of the insurer's liability, and, in order to recover, the assured must show himself within those terms; and if it appears that the contract has been terminated by the violation on the part of the assured, of its conditions, then there can be no right of recovery.
Page 30 - If it is shown to the satisfaction of the Commissioner that such substantial loss has been sustained, then in computing the tax imposed by this title the amount of such loss shall be deducted from the net income, (b) If no such claim is filed, but it is shown to the satisfaction of the Commissioner that during the taxable year 1919 the taxpayer has sustained a substantial loss of the character above described then the amount of such loss shall be deducted from the net income for the taxable year...
Page 30 - ... (a) At the time of filing return for the taxable year 1918 a taxpayer may file a claim in abatement based on the fact that he has sustained a substantial loss (whether or not actually realized by sale or...
Page 52 - America or its duly appointed or authorized officer or officers; to the payment of which, well and truly to be made and done, we bind ourselves, our heirs, executors, administrators, successors, and assigns, jointly and severally, firmly by these presents.
Page 52 - That of , as principal, and , of . and , of , as sureties, are held and firmly bound unto the United States of America in the sum of dollars ($ ), for the payment of which we bind ourselves, our heirs, executors, administrators, successors, and assigns, Jointly and severally, firmly by these presents. Witness our hands and seals this day of . 19-..
Page 103 - If the assured shall make any claim knowing the same to be false or fraudulent as regards amount or otherwise, this Policy shall become void, and all claim thereunder shall be forfeited.
Page 74 - ... and its corporate seal to be hereunto affixed the day and year first above written.
Page 9 - ... violation or want of performance has not been waived by the insurer, then the assured cannot recover. It is immaterial to consider the reasons for the conditions or provisions on which the contract is made to terminate, or any other provision of the policy which has been accepted and agreed upon. It is enough that the parties have made certain terms, conditions on which their contract shall continue or terminate. The courts may not make a contract for the parties. Their function and duty consist...
Page 73 - Board and/or the United States of America, for the payment of which well and truly to be made we bind ourselves and each of us and our successors and assigns, jointly and severally, firmly by these presents.