Laws of the State of Indiana |
Contents
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Common terms and phrases
act be amended act concerning act entitled amend section amended to read amount application appointed appropriated approved February approved March assembly assessments auditor beginning October board of directors board of public board of trustees bonds buyer certificate CHAPTER clerk commission common council construction contract cost declaring an emergency deemed duties election employee enacted entitled act entitled An act Equipment February 28 filed fiscal year beginning five hundred dollars fixed fund ginning October Grand Calumet river highway improvement incorporated town Indiana interest issued lands laws in conflict levy lien March 11 March 9 ment municipal corporation notice Octo operating expenses ordinance owner paid parties payable payment penalties Personal service petition prescribed purchase purpose railroad read as follows real estate repealed resolution secretary seller September 30 term thereafter thereof thereto thousand dollars tion township vote Wilbur Wright
Popular passages
Page 633 - Any affirmation of fact or any promise by the seller relating to the goods is an express warranty if the natural tendency of such affirmation or promise is to induce the buyer to purchase the goods, and if the buyer purchases the goods relying thereon. No affirmation of the value of the goods, nor any statement purporting to be a statement of the seller's opinion only shall be construed as a warranty.
Page 654 - Where there is an available market for the goods in question the measure of damages is prima facie to be ascertained by the difference between the contract price and the market or current price at the time or times when the goods ought to have been accepted, or, if no time was fixed for acceptance, then at the time of the refusal to accept.
Page 639 - Where a person having bought or agreed to buy goods obtains, with the consent of the seller, possession of the goods or the documents of title to the goods, the delivery or transfer by that person, or by a mercantile agent acting for him, of the goods or documents of title, under any sale, pledge, or other disposition thereof, to any person receiving the same in good faith and without notice of...
Page 659 - A person is insolvent within the meaning of this act who either has ceased to pay his debts in the ordinary course of business or cannot pay his debts as they become due, whether he has committed an act of bankruptcy or not, and whether he is insolvent within the meaning of the federal bankruptcy law or not. (4) Goods are in a "deliverable state...
Page 636 - If he does not signify his approval or acceptance to the seller, but retains the goods without giving notice of rejection, then, if a time has been fixed for the return of the goods, on the expiration of such time, and, if no time has been fixed, on the expiration of a reasonable time. What is a reasonable time is a question of fact.
Page 639 - ... by a mercantile agent acting for him, of the goods or documents of title under any sale, pledge or other disposition thereof to any person receiving the same in good faith and without notice of the previous sale shall have the same effect as if the person making the delivery or transfer were expressly authorized by the owner of the goods to make the same.
Page 659 - Goods" include all chattels personal other than things in action and money. The term includes emblements, industrial growing crops, and things attached to or forming part of the land which are agreed to be severed before sale or under the contract of sale.
Page 227 - An act to enable the State of Arkansas and other States to reclaim the ' swamp lands
Page 633 - An implied condition on the part of the seller that in the case of a sale he has a right to sell the goods, and that in the case of an agreement to sell he will have a right to sell the goods at the time when the property is to pass...
Page 738 - The act of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors unless the act of a greater number is required by law or by these By-Laws.