310 Sentences With "promissory note" | Random Sentence Generator

Sign a Master Promissory Note (MPN)After you apply for your student loans, you'll need to sign the Master Promissory Note (MPN).

Milwaukee, $2947 million of promissory note general obligation bonds. Competitive.

BERLIN, April 14 (Reuters) - German airline Lufthansa has issued a promissory note loan with a volume of 475 million euros ($535 million), taking advantage of what it called a "highly attractive" promissory note market on Thursday.

The deal includes a secured promissory note for $25 million after two years.

They will be settled by issuing a 10-year promissory note, Adeosun said.

This promissory note is the one that helps Andrew meet the goal set by Kumar.

Schlumberger has about $700 million at risk, including receivables and a promissory note for past work.

Also included in the deal is a secured promissory note for $25 million after two years.

"Orbico activated a promissory note worth 10 million kuna ($1.44 million)," state radio and television reported.

He signed a promissory note, though he told me he didn't feel pressure to pay it back.

However, he has been earning 2 percent interest payments in escrow on the $1.9 billion promissory note.

According to me, that's one way of starting to fill Watten's promissory note toward a continuable avant-garde.

"It's so hard every time you go have to sign another promissory note, ask for more money," he said.

Resolution of the RWN will depend on how the company manages the promissory note obligation and recapitalises the company.

Rachel wanted an engagement ring as an indefinite promissory note that eventually she and her partner would get married.

In addition to proceeds from the share sale, Kion will consider bonds and Schuldscheine, a form of promissory note.

Hyperallergic reviewed a promissory note from the sale of Arthur Sackler's stock options to his brothers, Mortimer and Raymond.

In an October note, analysts from Nomura said Halliburton had received its first cash interest payment on that promissory note.

Several tax experts told the Post that the promissory note would have been taxable as soon as it was received.

Negative: The Negative Watch could result in a downgrade if DIST increases its financial leverage to meet its promissory note obligation.

In 2011, it divested its own PARP inhibitor to Clovis Oncology for a convertible promissory note worth a mere $7 million.

If someone is promoting a promissory note that will pay 12 percent to 15 percent, it's possibly a scam, she said.

A promissory note appears to be the perfect investment until the fraud is exposed and people learn there were no actual investments.

The purchase price consists of $720 million of cash consideration, a $100 million long-term subordinated promissory note and other contingent consideration.

Cancer is death by promissory note, and the spaces for "when" and even "if," for those in earlier stages, are left blank.

Pitman says Axl wrote him a promissory note for the $125,000 he was owed for more than a year's worth of work.

The par amount of the promissory note Okada received for his shares is $830 million below the market value of the redeemed shares.

You order at the counter and receive a number on a metal stand, a kind of promissory note for the food and beverages.

However, if DIST borrows to meet the promissory note obligation, leverage as measured by net adjusted debt to EBITDAR could increase to above 3.0x.

Experts recommend that parents draw up a promissory note that complies with I.R.S. rules — rather than relying on a handshake — when offering a loan.

To begin with, that the sexual allure demanded of actresses is treated by some men as a chit to be called in, a promissory note.

Last month the company disclosed that it was in default because it had failed to make a $3 million payment on a $10.8 million promissory note.

The newspaper reported on Friday that Moore received a promissory note worth $498,000 or an equal stake in a historical Birmingham building owned by the charity.

Her subject is Héloïse (Adèle Haenel), and the finished painting will be sent to Héloïse's future husband, a Milanese nobleman, as a kind of promissory note.

The one thing I want my children to know about July 4th is that the promissory note America issued to all of her inhabitants is not bankrupt.

When drafting up a contract or promissory note, you must identify all parties that are involved and write out the full names of the borrower and lender.

In August 0003, Melstacorp (MC), a 100% subsidiary of DIST, issued new shares to DIST for which the maker of alcoholic beverages paid with a LKR24.8bn promissory note.

Eventually you'll move to clicking first and feeding later, stretching the time between the two actions until the rat realizes the sound can act as a promissory note.

The one-way flights cost $1,485; those who are taking them have to sign a promissory note for the airfare, promising to reimburse the government for the flight.

Signing of a promissory note to repay the ticket price is contingent on the passenger being able to board the flight, the U.S. Embassy said in its announcement.

Though he delivered his "I Have a Dream" speech from the steps of the Lincoln Memorial, he claimed he was collecting on a "promissory note" written by Jefferson.

Although the company may raise new equity to satisfy the promissory note, MC's growth plans could rely on increased dividends from DIST, which will restrict DIST's free cash generation.

Mr. Cruz put $1003,000 into the firm, and ultimately left with $25,000 in cash and a $75,000 promissory note from Mr. Panton that Mr. Cruz had never cashed in.

Nye asked EMC for the promissory note and all the assignments and transfer documents on the loan, but EMC never provided them either, claiming several of them were also destroyed.

" Shkreli's suit, which alleges fraud, claims that Lee Yaffe falsely advised Shkreli that making the $250,000 promissory note was the "right thing" to do and that Shkreli should "man up.

As he noted in his "I Have a Dream" speech, the founding American principles were a promissory note to be cashed by all who lived here, not a rejection slip.

ABUJA, April 3 (Reuters) - Nigeria has appointed local banks for a 3.4 trillion naira promissory note issue programme to settle the backlog of state obligations, the finance minister said on Wednesday.

Medical Capital made interest and principal payments to its promissory note investors until July 2008, when it ran into liquidity problems and ceased payments on some of the notes, Finra found.

Private lenders can be expected to raise variable rates on personal loans, but the shift for most existing borrowers will not happen until the date specified in their master promissory note.

Private equity company GTCR will be the majority shareholder in the combined business, with Adecco getting a minority stake, along with $100 million in cash and $30 million as a promissory note.

ABUJA, July 12 (Reuters) - Nigeria plans to issue a 10-year promissory note to offset 2.7 trillion naira ($8.85 billion) owed to government contractors and employees, the finance minister said on Wednesday.

One Equity Trust client used his I.R.A. funds to issue a promissory note, so his friend could acquire a property to start a group home for veterans suffering from post-traumatic stress.

Last spring, he published "Working," an anecdote-rich collection of essays and interviews offered, he said, as a kind of promissory note on a proper memoir, which he has already started outlining.

It's common for treatment centers in Florida to offer prospective leads inducements like plane tickets and waiver of co-pays and coinsurance, generally having patients sign a promissory note to pay them back.

The lawsuit is related to Wynn Resorts' redemption of a stake held by Universal's unit Aruze USA, issuing a promissory note at a steep discount to the stock's trading price at the time.

A board member for the charity, the Foundation for Moral Law, said Moore told him that his accountant directed him to report the income only after he cashed in on the promissory note.

A "promissory note" was given to the undercover detective, who was instructed to wire $100,000 and receive a 17 percent rate of return as part of investments in "purchasing and flipping" residential properties.

" Two days later, in an email to his lawyer titled "Mercer loan paperwork," Yiannopoulos attached a copy of a $2100,225 promissory note naming him as the "Maker" and Robert L. Mercer as the "Payee.

UPDATE [Friday, January 15]: Just a few days after defaulting on a promissory note caused SFX stocks to plummet even further, the company has announced that they have received $20 million in new financing.

Likely to Raise Equity: DIST does not plan to borrow to meet the promissory note obligation and plans to raise new equity, which could contain DIST's leverage within acceptable levels for its 'AAA(lka)' rating.

The company said it expects to receive $152.5 million in cash as well as a promissory note for $17.5 million from Paladin for Hahnemann University Hospital, St. Christopher's Hospital for Children and other related operations.

Hudson's Bay will be paid $22023 million Canadian dollars ($2100 million) in cash after the deal closes and a secured promissory note of CA$2000 million ($503 million) is payable in cash after two years.

For starters, there was the recent news that the company's stocks had hit an all time low of just 7 cents per share, following the revelation that they had defaulted on 10.9 million dollar promissory note.

Warren has proposed abdicating responsibility and teaching people that when they sign a promissory note they just have to wait until a political candidate wants to win so bad that they'll use taxpayer dollars to buy votes.

"I think there's a more-than-stringent case to go to the Europeans and say, 'Meet us more than halfway, and this is why [Iran] can't just give us a promissory note on military inspections,' " he said.

How could we possibly have confidence in a plan to take away health care entirely, with a dubious promissory note to come up with a better (maybe) plan after we've witnessed years of Republican finagling and failure?

Notorious "Pharma Bro" Martin Shkreli on Friday filed suit in federal court in Brooklyn against a Florida man, accusing him of fraudulently inducing Shkreli into signing a promissory note that has left him owing $2000,0003 to the man's father.

The Stable Outlook on the OF rating reflects that on AXA Bank Europe's Long-Term Issuer Default Rating and Fitch's view on the underlying Belgian and French residential loan assets backing the senior RMBS notes collateral and promissory note collateral, respectively.

She has argued that the "master promissory note," the legal document students sign to agree to repay their loans should instead be titled a "student loan contract," so that people are more likely to understand what they're signing up for.

Net Cash Rating Impact Limited: After the spin-off, Wharf will have a net cash position of HKD25 billion due to a HKD37 billion inter-group promissory note settlement and the HKD10 billion dividend receivable from another subsidiary right after the spin-off.

Leaked documents, including a promissory note and emails, as well as conversations with several people familiar with the matter, strongly imply that the Mercers funded Yiannopoulos following his resignation from Breitbart News after video surfaced in which he appeared to condone pedophilia.

Despite this, the group was unable to afford to pay all of Moore's salary when he left the group in 2012 and instead gave him a promissory note that eventually became worth $540,000 or an equal stake in a historic building in Montgomery, Ala.

His new lawsuit case stems from a civil judgment against Shkreli last December in New York state court, which said he owed a Massachusetts man named George Yaffe for having failed to pay Yaffe off on a $2000,2355 promissory note that Shkreli signed in 2000.

The plot of "Golden Hill," its fulcrum, at any rate, is as follows: A handsome young stranger named Richard Smith arrives in New York City from London with a promissory note for 1,000 pounds (a fortune, at that time) that he hopes to cash.

In December 23, as the family finally prepared to leave Egypt for the United States, Ms. Safieh signed a promissory note to repay a travel loan, offered by the International Organization for Migration on behalf of the State Department, which would cover their airline tickets.

For instance, companies are struggling to issue commercial paper — a popular form of short-term promissory note typically used to cover payroll, rent and other immediate payments — because the few skittish investors who aren't steering entirely clear are demanding the highest premium in more than a decade.

THIS, IN REFERENCE TO CBO CIRCULARS THAT WERE ISSUED EARLIER * TO CONSIDER REDUCING EXISTING FEES RELATED TO VARIOUS BANKING SERVICES AND TO ABSTAIN FROM INTRODUCING NEW ONES DURING YEAR 2020 * REDUCTION OF THE INTEREST RATE ON REPO OPERATIONS BY 75 BASIS POINTS TO 3.503%, AND INCREASE IN THE TENOR OF REPO OPERATIONS UP TO A MAXIMUM PERIOD OF 3 MONTHS * REDUCTION OF THE INTEREST RATE ON DISCOUNTING OF GOVERNMENT TREASURY BILLS BY 100 BASIS POINTS TO 1.00% * REDUCTION OF THE INTEREST RATE ON FOREIGN CURRENCY SWAP OPERATIONS BY 50 BASIS POINTS, AND INCREASE IN THE TENOR OF SWAP FACILITY UP TO A MAXIMUM PERIOD OF 6 MONTHS * REDUCTION OF THE INTEREST RATE ON REDISCOUNTING OF A BILL OF EXCHANGE AND PROMISSORY NOTE (WITH 2 SIGNATURES), BY 100 BASIS POINTS TO 3.00% * REDUCTION OF THE INTEREST RATE ON REDISCOUNTING OF A PROMISSORY NOTE WITH ACCEPTABLE GUARANTEE, BY 100 BASIS POINTS TO 3.25% * REDUCTION OF THE INTEREST RATE ON REDISCOUNTING OF A PROMISSORY NOTE ACCOMPANIED BY TRUST RECEIPT, BY 125 BASIS POINTS TO 3.50% Source: (bit.ly/3aesuPH)

"The Archdiocese was forced to take legal action to protect all the five sisters from being taken advantage of by the Dana Hollister transaction in which Hollister improperly took possession of their property for only $44,000 in cash and a contingent promissory note," the church said in a statement.

Today Mitel announced that it would divest Mitel Mobility, its mobile operations, to Xura for $360 million in cash, plus a $35 million non-interest bearing promissory note and an equity interest in Sierra Private Investments L.P., the limited partnership that will own both Xura and the mobile division.

When he left the foundation in 2011, it was unable to fund his promised back pay, and instead gave him a promissory note for the money or a stake in a historic pre-Civil War office building the charity purchased and renovated for hundreds of thousands of dollars.

" But in June Mr. Johnson was cited in a motion for summary judgment in State Supreme Court in Manhattan related to a 2012 case in which he and several former business partners were found to have defaulted on a $150,000 promissory note after pledging to produce a film called "Sweetwater.

Speaking in 1963 against the backdrop of the Lincoln Memorial and Washington Monument on the centennial anniversary of the Emancipation Proclamation, King characterized the words embedded in America's Declaration of Independence and the Constitution as a "promissory note" that, for blacks, remained unfulfilled behind a veil of racial injustice, legal apartheid and endemic poverty.

The lender can then take the promissory note to a financial institution (usually a bank, albeit this could also be a private person, or another company), that will exchange the promissory note for cash; usually, the promissory note is cashed in for the amount established in the promissory note, less a small discount. Once the promissory note reaches its maturity date, its current holder (the bank) can execute it over the emitter of the note (the debtor), who would have to pay the bank the amount promised in the note. If the maker fails to pay, however, the bank retains the right to go to the company that cashed the promissory note in, and demand payment. In the case of unsecured promissory notes, the lender accepts the promissory note based solely on the maker's ability to repay; if the maker fails to pay, the lender must honour the debt to the bank.

He was released that same day by signing a promissory note.

Postal orders are not legal tender, but a type of promissory note, similar to a cheque.

Consequently, remittal of a promissory note, a bill of exchange or a check does not constitute effective payment.

In the case of a secured promissory note, the lender accepts the promissory note based on the maker's ability to repay, but the note is secured by a thing of value; if the maker fails to pay and the bank reclaims payment, the lender has the right to execute the security.

The decision also addressed the role MERS plays in clouding the ownership of the promissory note and title to the property.

However, a promissory note is generally less detailed and less rigid than a loan contract. For one thing, loan agreements often require repayment in installments, while promissory notes typically do not. Furthermore, a loan agreement usually includes the terms for recourse in the case of default, such as establishing the right to foreclose, while a promissory note does not.

Antonio purchased property from Shylock for $50,000. At closing, Antonio paid $10,000 to Shylock and executed a promissory note payable to "Shylock or order" for $40,000. Following the closing, Antonio approached Shylock, upset that the property was in fact worth only $42,000. After a few weeks of negotiations, the parties agreed to reduce the amount of the promissory note to $32,000.

In common speech, other terms, such as "loan", "loan agreement", and "loan contract" may be used interchangeably with "promissory note". The term "loan contract" is often used to describe a contract that is lengthy and detailed. A promissory note is very similar to a loan. Each is a legally binding contract to unconditionally repay a specified amount within a defined time frame.

The overseas loans were usually issued for 6 months to a year. This means that some domestic loans were issued more than the overseas loans, and these were typically promissory note loans. The longer term horizon explains the need for detailing the conditions of the issuance and the specifics of the promissory note loans, as the risks of default are higher for a long term maturity debt.

Rossendale dashes off a promissory note, and Sharpe mockingly drops a length of rope into Rossendale's lap, saying that Rossendale has "bought" Jane according to an old English custom.

On March 14, 2013, Global Clean Energy Holdings acquired Sustainable Oils from its parent company Targeted Growth Inc. in exchange for common stock in Global Clean Energy Holdings and a promissory note.

A 1926 promissory note from the Imperial Bank of India, Rangoon, Burma for 20,000 rupees plus interest A promissory note, sometimes referred to as a note payable, is a legal instrument (more particularly, a financial instrument and a debt instrument), in which one party (the maker or issuer) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms.

Just as he finishes, none other than the very Kuheiji he was speaking of enters the temple grounds at the head of a band of revelers and rowdies. Tokubei seizes the chance to ask Kuheiji to repay the now-overdue loan. Kuheiji flatly denies the existence of any such debt. When Tokubei produces the promissory note Kuheiji had stamped with his seal, Kuheiji dismisses it as an extortion attempt, revealing that before he had stamped the promissory note, he had reported the seal as lost.

The term note payable is commonly used in accounting (as distinguished from accounts payable) or commonly as just a "note", it is internationally defined by the Convention providing a uniform law for bills of exchange and promissory notes, but regional variations exist. A banknote is frequently referred to as a promissory note, as it is made by a bank and payable to bearer on demand. Mortgage notes are another prominent example. If the promissory note is unconditional and readily saleable, it is called a negotiable instrument.

December 15, 2019, Pelsor was served with a foreclosure notice. Owing $922,000 on a $1 million promissory note supposed to be paid off earlier in August that year, and also facing a lawsuit, he decided to leave the state.

In the year 1855 the case of Joseph Lallande vs William G. Hope was brought before the Louisiana Supreme Court due to the fact that the defendant lived in Arcola but his promissory note was sent to "Prospect Hill".

Negotiable instruments are unconditional and impose few to no duties on the issuer or payee other than payment. In the United States, whether a promissory note is a negotiable instrument can have significant legal impacts, as only negotiable instruments are subject to Article 3 of the Uniform Commercial Code and the application of the holder in due course rule. The negotiability of mortgage notes has been debated, particularly due to the obligations and "baggage" associated with mortgages; however, in mortgages notes are often determined to be negotiable instruments. In the United States, the Non-Negotiable Long Form Promissory Note is not required.

A promissory note issued by the Second Bank of the United States, December 15, 1840, for the amount of $1,000 In the United States, a promissory note that meets certain conditions is a negotiable instrument regulated by article 3 of the Uniform Commercial Code. Negotiable promissory notes called mortgage notes are used extensively in combination with mortgages in the financing of real estate transactions. One prominent example is the Fannie Mae model standard form contract Multistate Fixed-Rate Note 3200, which is publicly available. Promissory notes, or commercial papers, are also issued to provide capital to businesses.

1995 former Immigration and Naturalization Service (INS) officials formed a company called AIS that acted as an intermediary between INS and immigrant entrepreneurs in the EB-5 program. Whereas EB-5 required an investment of $500,000 AIS only required $125,000 cash with the rest — $375,000 in the form of a promissory note. AIS claimed the promissory note would "be forgiven once the immigrant's permanent residency application was approved". The U.S. immigration agency, which was then known as the Immigration and Naturalization Service (INS), had interpreted the regulations regarding financial qualifications in a way that accepted this arrangement until c.

He throws the revolver in a tarn before the police capture him. But he denies everything, until the proofs come; Benka, who collects stamps, has the chocolate-letter and finally Eva-Lotta finds the promissory note in her pocket, and he confesses.

The chain of title of a promissory note is very important to every homeowner in America. The inability to show a complete chain of title and ownership of a promissory note from Lender A to Lender B to Lender C, etc. has become a major impediment in mortgage servicers ability to foreclose on properties in judicial foreclosure states and in relief of stays in Federal Bankruptcy Court. The issue of standing (in other words, the question of who has the legal right to sue), is the foundation of the produce-the-note strategy, which forces a lender prove that it has a legal right to sue.

In November 2010, it became clear that Ireland would not be able to afford to bail out its failing banks, and Anglo Irish Bank in particular which needed around 30 billion euros, a sum the government obviously could not borrow from financial markets when its bond yields were soaring to comparable levels with the Greek bonds. Instead, the government issued a 31bn EUR "promissory note" (an IOU) to Anglo – which it had nationalized. In turn, the bank supplied the promissory note as collateral to the Central Bank of Ireland, so it could access emergency liquidity assistance (ELA). This way, Anglo was able to repay its bondholders.

The Cavalier Windmill (Moulin à vent Cavalier) is first mentioned in a promissory note written in 1211 but also appears in documents in 1597, 1634 and 1693."Le Moulin de Hutter à Langlade", petit-patrimoine.com. Retrieved 8 October 2013. In 1781, it appears on the Cassini map.

In October 2008, Gateway Public Radio (Earl Thompson, president) reached an agreement to sell WELJ to Agape Educational Media, Inc. (Dale Riddick, president) in exchange for a $100,000 promissory note. The call letters were changed, this time to WOWB, on December 14, 2009. Radio-Locator and fccdata.

The nephews receive the million- pound note, but it turns out to be a promissory note, and they end up having to pay it back. In the final scene, Bullwinkle shows Rocket ("Rocky") his other foot with the same "Rue Brittania" imprint which never went away.

Therefore, foreclosure notices after this date may only properly precede a sale if the mortgagee holds the promissory note or has an agent that holds the note on the mortgagee's behalf at the time of the notices of sale. This requirement may be proven through an affidavit.

Usually the lender will only give the borrower a few days' notice before the payment is due. Promissory notes may be used in combination with security agreements. For example, a promissory note may be used in combination with a mortgage, in which case it is called a mortgage note.

A conveyance of mortgaged land by the mortgagor to the mortgagee extinguishes the mortgage. However taking a promissory note for the amount due on the mortgage does not deprive the mortgage holder of a right to a lien, but merely suspends its enforcement until the note is payable.

In 2006, WP Media Lending loaned Hughey Communications $225,000. This was rolled over into a "First Replacement Promissory Note" in March 2008, then a second note in November 2008, and a third in March 2009. The loan was declared in default in February 2010. In April 2011, Hughey Communications, Inc.

"Was a good place while it lasted" In March 2017, it was announced that "virtually all" of the assets of Firefly would be sold at auction, organized by EOS Launcher, Inc., who had previously bought a US$1 million promissory note issued by Firefly to Space Florida and induced a foreclosure.

Additionally, a number of directors believed Ebbers had not charted a way forward after the Sprint merger collapsed. On April 26, Worldcom's board voted unanimously to demand Ebbers' resignation. Ebbers formally resigned on April 30, 2002. As part of his departure, Ebbers's loans were consolidated into a single $408.2 million promissory note.

For example, a promissory note is a piece of paper that can be touched, but the real significance is not the physical paper, but the legal rights which the paper confers, and hence the promissory note is defined by the legal debt rather than the physical attributes. A unique category of property is money, which in some legal systems is treated as tangible property and in others as intangible property. Whilst most countries legal tender is expressed in the form of intangible property ("The Treasury of Country X hereby promises to pay to the bearer on demand...."), in practice banknotes are now rarely ever redeemed in any country, which has led to banknotes and coins being classified as tangible property in most modern legal systems.

In December 1984, Cathodic sued Awareness, saying it had ceased to make payments on the promissory note that allowed Hubbard to buy the radio station. The station solicited listener donations to try and pay the note and received extensions on its payment deadlines through much of 1985, but by year's end, WKOJ had gone silent.

55) to claim that he never would have continued had not others suggested to him to possibility of finding more documents. and quickly followed this up with a promissory note from Shakespeare to Heminges—the only such note (had it been genuine) ever discovered from the period.Bernard Grebanier; The Great Shakespeare Forgery, pp. 81–82.

He apparently received nothing more than a promissory note. The British Army also used wood from his houses for firewood. Two of his mills were burned to prevent them from falling into the hands of the Americans. In 1815, he was accused of collaborating with the enemy due to his sale of supplies to them.

The hearing designation order centered around several issues. One of them was a series of unauthorized transfers of control. After Ken Tuck died on May 27, 1990, American Plastics Products, Inc. acquired the promissory note that had been made by Tuck to pay previous owners Herbert Wren and Earl Jones for the radio station.

Gopalakrishan) are friends. vadivelu wants to start a business and needs fund. Both being staunch devotees of Muruga, kathirvelu proceeds to give out the any without any promissory note with only shanmugam (Thengai Sreenivasan) a camphor seller as a coincidental witness. The agreement goes like a 50-50 partnership with kathirvelu's 50 going to the services of temple.

The contractor on the job claimed financial difficulty, so Mackenzie accepted a promissory note for summer wages. The note later proved to be worthless. Subsequently, Mackenzie won a contract building a bomb-proof arch at Fort Henry. He later became a foreman on the construction of Kingston's four Martello Towers - Murney Tower, Fort Frederick, Cathcart Tower, and Shoal Tower.

Later she finds Gren dead and runs home scared. The police block the area at the mansion. They have a hearing with Eva-Lotta who tells them what she did and that she saw Gren's murderer. They realize that his name is written on the promissory note, but she doesn't remember what she did with it.

Commonly, the violation of the mortgage is a default in payment of a promissory note, secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that "the lender has foreclosed its mortgage or lien". If the promissory note was made with a recourse clause and if the sale does not bring enough to pay the existing balance of principal and fees, then the mortgagee can file a claim for a deficiency judgment. In many states in the United States, items included to calculate the amount of a deficiency judgment include the loan principal, accrued interest and attorney fees less the amount the lender bid at the foreclosure sale.

Bridge finance has increased in prevalence in filmmaking in recent years. Bridge financing is an answer to the common "catch-22" problem of needing funding to get the actors, but not being able to get the funding without actors. Bridge financing, for example, can be used in scenarios where a filmmaker has a promissory note from an investor to finance a film provided the filmmaker can attach an approved actor, however without money to escrow for the actor's payment, the filmmaker is unable to meet the investor's criteria. In this instance, a short-term lender can provide a bridge loan to secure the actor with the promissory note as collateral; once the actor's payment is escrowed, the equity investment would be triggered, and the bridge loan would be paid back with a small interest.

However, Promissory Notes act as a source of Finance to the company's creditors. The various State law enactments of the Uniform Commercial Code define what is and what is not a promissory note, in section 3-104(d): Thus, a writing containing such a disclaimer removes such a writing from the definition of negotiable instrument, instead simply memorializing a contract.

In 2013, Peter Ziegler, (son of William Ziegler III, grandson of William Ziegler Jr.) purchased Unit 5 and also loaned $3 million to LAH Cubed with a promissory note, due one year later. Ziegler died in 2017. The estate formally demanded the funds, which were in default by late 2018. Shortly after, Hall's LAH Cubed transferred assets to other LLCs in his name.

At the end of this tour Hatchett signed a promissory note to Dawson for the sum of 56 pounds. In 1741, Dawson sued Hatchett for this debt; Hatchett responded with an account of Dawson’s actions in A Remarkable Cause on a Note of Hand (1742). Most of what is known concerning Hatchett appears in this autobiographical pamphlet.Patrick Spedding, A Bibliography of Eliza Haywood.

In the mid 1800s Arcola was also named Prospect Hill. In the year 1851 the New Orleans, Jackson and Great Northern railway was constructed and passed through the community. Some have speculated that the railroad gave the name "Prospect Hill" to the area. A local resident attempted to use this as a defense to avoid paying back a promissory note.

The land on offer bordered Kalara Street to the north, Kate Street to the east and Karrawarra Street to the south. The advertisement offered a free trip by steamer and free luncheon to attendees with terms 1/4 cash balance by promissory note at 3,6,9,12 and 15 months with 8% added. Macleay Island State School opened on 28 January 1986.

The document evidencing the debt (e.g., a promissory note) will normally specify, among other things, the principal amount of money borrowed, the interest rate the lender is charging, and the date of repayment. A loan entails the reallocation of the subject asset(s) for a period of time, between the lender and the borrower. The interest provides an incentive for the lender to engage in the loan.

Essie N. Lee, sold the property to the University of St. Thomas for $120,000. At the wishes of all heirs and executors, the college separated the payment into two parts: $6,000 in cash and the remaining $114,000 as a donation, guaranteed by a promissory note dated September 1, 1946, made payable to the William M. Rice Institute for the Advancement of Literature, Science and Art in Houston.

After some time had elapsed and the value of the shares had increased, the employee exercised the options and purchased the stock at less than the then current market price. For some of the shares, he gave the employer a promissory note for the option price; but the shares were not delivered until the notes were paid in cash, when the value of the shares had increased.

On July 1, 2019, Emmis Communications announced that it would sell WQHT and sister station WBLS to the public company Mediaco Holding—an affiliate of Standard General—for $91.5 million and a $5 million promissory note. In addition, Emmis will take a 23.72% stake in the new company's common equity, and continue to manage the stations under shared services agreements. The sale was completed November 27, 2019.

He became a free agent after the season. In December 2009 it was announced that Chan Ho Park was suing his former Dodger teammate Chad Kreuter in Los Angeles Superior Court, in which he claimed Kreuter breached repayment of a $460,000 promissory note issued in October 2005.Ho-park-sues-chad-kr_n_403422.html "Chan Ho Park Sues Chad Kreuter" The Huffington Post. Retrieved December 25, 2009.

Mortgage burning was a twentieth-century custom in the United States of America (U.S.A.) that was the ritual incineration of the promissory note (mortgage) upon satisfaction of the payment schedule by the purchaser (debtor, or mortgagee). This ritual was performed to celebrate the release of the debtor from further payment obligations, and was sometimes accompanied by a party in which extended family and friends were invited.

Glov Jr. quickly loses the 200,000 rubles to the gamblers. Since he doesn't have the money yet he gives them a promissory note. The 3 gamblers need cash immediately so they offer Ikharev a deal: he would give them his 80,000 cash winnings and he can keep the 200,000 note. Ikharev muses that he made as much money in a day as others make in a lifetime.

That no indorsement or memorandum of any payment written or made upon any promissory note, bill of exchange, or other writing, by the party to whom such payment shall be made, shall be deemed sufficient proof of such payment, so as to take the case out of the operation the above acts. This section was repealed by the Schedule to the Limitation Act 1939.

Sometime before January 1, 1843, William H. Binge and a man named Titus entered into a contract. Binge made a promissory note, indorsed by James Blair, to pay Sampson Smith $300 on or before January 1, 1843. Payment was not made and Smith filed an action in Red River County, Texas. Binge and Blair did not appear, and they appealed from the default judgment.

Hawala is based on a short term, discountable, negotiable, promissory note (or bill of exchange) called "Hundi", transferred from one debtor to another. After the debt is transferred to the second debtor, the first debtor is free from his/her obligation. Recipient of the funds often identify themselves with passwords given to them by the sender. Hawaladars are often small traders who work at hawala as a sideline or moonlighting operation.

Carter v. Burr, 113 U.S. 737 (1885), was a case regarding a promissory note that was held by the appellee which secured by mortgage of premises in the City of Washington, DC to the appellant, to decide whether other transactions regarding the property would pay this note, or if it would instead remain in force, along with the right to participate in the proceeds arising from a sale under the mortgage..

So, he takes a promissory note instead of dowry and does not allow the couple to live together. Now the Raghava Rao couple is left alone, moreover, he retires when they have no other alternative except to live with their children. But their ungrateful children split the couple and leaves the house for debts. Papa Rao brings it to auction when Ramu (Jaggayya) the old student of Raghava Rao purchases it.

In November 2009, longtime country DJ Neely Yates joined the on-air staff. In the following months, the station's format shifted to a "Texas Country" playlist, playing all Texas Country Music and rebranding as The Red Dirt Rebel 105.3. On June 25, 2019, Enrique Garza’s Christian Ministries of the Valley closed a $312,500 deal to buy KJDL-FM from Walker Broadcasting. The sales price included a $100,000 promissory note.

Effective January 31, 2018, both WZVA and WOLD-FM were reacquired by previous owner T.E.C.O. Broadcasting, Inc. in exchange for releasing CDM Broadcasting from the $651,039 promissory note arising from the 2016 purchase. Effective June 20, 2018, WZVA was sold to Bristol Broadcasting Company, who flipped WZVA to contemporary hit radio as Hot 103.5 on June 29, 2018, ceding the country format to new sister station WMEV-FM.

Mr. Curtis continues to very active in radio ownership is Eastern North Carolina through Curtis Media Group. From April 2000 until 2019, the station was owned by Jimmy "JJ" Johnson as Johnson Broadcast Ventures, LTD. In June 2019, the FCC consented to the sale of the station for $250,000 to Reverend Thomas L. Walker, operating as Trey and Associates, LLC. $150,000 of the purchase price was covered by a promissory note.

An IOU (abbreviated from the phrase "I owe you") is usually an informal document acknowledging debt. An IOU differs from a promissory note in that an IOU is not a negotiable instrument and does not specify repayment terms such as the time of repayment. IOUs usually specify the debtor, the amount owed, and sometimes the creditor. IOUs may be signed or carry distinguishing marks or designs to ensure authenticity.

When a company engages in many of such transactions, for instance by having provided services to many customers all of whom then deferred their payment, it is possible that the company may be owed enough money that its own liquidity position (i.e., the amount of cash it holds) is hampered, and finds itself unable to honour their own debts, despite the fact that by the books, the company remains solvent. In those cases, the company has the option of asking the bank for a short-term loan, or using any other such short-term financial arrangements to avoid insolvency. However, in jurisdictions where promissory notes are commonplace, the company (called the payee or lender) can ask one of its debtors (called the maker, borrower or payor) to accept a promissory note, whereby the maker signs a legally binding agreement to honour the amount established in the promissory note (usually, part or all its debt) within the agreed period of time.

August 28, 1916. Revenue was well below expectations. Payments were due and an attempt was made to survive, but the Board of Directors was unable to raise sufficient funds by the deadline. On January 5, 1917, exercising a confession of judgement clause of the Blau Bank House promissory note, the park was sold at public auction to a bankruptcy attorney, Ralph W. Rymer, representing a then-anonymous individual interested in the land.

He had applied to Ford for a loan during his minority, but Ford would not agree to this without a promissory note from his father the Marquis. However, Ford did lend a lower sum but Cecil left the country without honouring his debts. When he returned in 1854 he was arrested. Cecil applied to be discharged from custody and at the end of the hearing Ford removed his objection so that Cecil could be released.

As a result, in episode 588, Tim stood up to Meg and declared he was over her for the first time. Tim blindly believed everything that Tess said, but things were much different than he thought. She claimed that she had a promissory note from Maria - a million dollars in exchange for breaking up Ben and Meg. Tess used sex and the looming possibility of the money to make Tim do her bidding.

The British India Steam Navigation Company had undertaken on paper to pay the holder £100 on 30 November 1882 and pay interest half yearly at 5% pa. The paper said these were “debentures”. Meanwhile, the Stamp Act 1870, a taxation statute, said that “debentures” were subject to a higher rate of stamp duty. The company then tried to argue that in fact these were not debentures at all, and merely a “promissory note”.

When Colonel Archer does not want to lend money to Captain Waring, he borrows that amount from Brent Lindsay in the village in exchange for his promissory note. Both Waring and Lindsay court Floyd Bingham, a retired colonel's daughter. Floyd discovers that Lindsay is dating the dancer Queen. On the advice of her father, she accepts Archer's marriage proposal, who has to take care of the two children of his dead sister.

Dillon took it up and noticed it was a promissory note for $2 million with Carnegie's signature. When Dillon promised to keep Chadwick's secret, she "revealed" that she was Carnegie's illegitimate child. Carnegie was supposedly so wracked with guilt that he showered huge amounts of money on her. Chadwick also claimed that there was $7 million in promissory notes tucked away in her Cleveland home, and she was to inherit $400 million upon Carnegie's death.

Since Brower was left destitute, Smith was given the promissory note and was now the owner of the Carolina Twins. Millie and Christine were handled by several managers before being reclaimed by Smith in Britain in 1857. On January 1, 1863, the Emancipation Proclamation ended their slave status and they were no longer anyone's property. Before their emancipation, the girls had been showcased in fairs and freak shows in several U.S. cities and even Montreal, Canada.

FireWater Waterpark came under scrutiny in 2002 after it failed to repay loans taken during the original construction of the park. While park president Gary Abramson claimed to be in the process of securing long-term financial backing for it, Satana Corporation sued it for $2.16 million. The suit claimed it signed a promissory note and that investors even ignored written payment demands sent directly to them. Eventually, it was forced into bankruptcy after Missouri Valley Inc.

Hershey was forced to sign a promissory note from National City Bank to keep the chocolate company in business. Under the terms of the note, National City Bank sent R.J. DeCamp to be on the board of managers, to assume management of the company. DeCamp remained on the board until 1922, when the company settled the debt. During that time period, DeCamp prevented substantial improvements to the park or the town, as it was considered too costly an investment.

Cardinal Cappellari, afterwards Pope Gregory XVI, donated two hundred dollars. The Russian ambassador to the United States loaned him $5,000, and then used the promissory note to light his cigar. Later, when Gallitzin was suggested for the see of Philadelphia in 1814, Bishop Carroll objected. Carroll agreed that Gallitzin's debts had been contracted for excellent and charitable purposes, but it was not clear Gallitzin had the financial acumen to run a diocese as important as Philadelphia, Carroll believed.

As part of his departure, Ebbers's loans were consolidated into a single $408.2 million promissory note. In 2003, Ebbers defaulted on the note and Worldcom foreclosed on many of his assets. Beginning modestly during mid-1999 and continuing at an accelerated pace through May 2002, Ebbers, CFO Scott Sullivan, controller David Myers and general accounting director Buford "Buddy" Yates used fraudulent accounting methods to disguise WorldCom's decreasing earnings in order to maintain the company's stock price.

By the mid-1990s, after the headquarters moved to Atlanta, sales were lagging, many of its stores were closing, and it entered into bankruptcy."Men's Wearhouse to liquidate remaining Kuppenheimer stores," Atlanta Business Chronicle, March 4, 1997. In 1995, Hartmarx sold Kuppenheimer to Kupp Acquisition Corp. for $14 million () in cash ($12 million upfront and an additional $2 million over the next four years) and a $2.5 million promissory note secured by one of Kuppenheimer's manufacturing facilities.

The Paris Climate Agreement is the successor to the 1998 Kyoto Protocol and has set a target to keep temperature rises within two degrees Celsius this century, with the hope of limiting it to 1.5 degrees. The Paris Climate Agreement negotiations concluded 12 December 2015 but the Agreement doesn't take effect until 2020.Peter Christoff, ‘The promissory note: COP 21 and the Paris Climate Agreement’, Journal of Environmental Politics, Vol.25, No.5, 2016, p.773.

Where the case is premised on liquidated damages, such as a breach of a promissory note, then judgment will be entered in that amount. If damaged are unliquidated, however, the plaintiff must move for a hearing on damages, which will be decided by the court unless the plaintiff demands a jury on the damages claim. A defendant who has defaulted may still appear at the damages hearing to contest the amount of damages, but can not challenge liability.

St. Louis Post-Dispatch (St. Louis, Missouri) · Wed, Jul 27, 1910 · Main Edition · Page 1 Haynes was described as "magnetic" and "a wonder." A man who had a business office near Haynes and who became involved in Haynes' mission work, stated, "I thought there was never a better man... Everything he did seemed sanctified.'" The businessman loaned Haynes $8,300 in bonds in exchange for a promissory note, that, when he tried to redeem it, had no value.

Memcine Pharmaceuticals would officially become a Spotlight Innovation subsidiary in June 2015. In April 2015, Spotlight Innovation secured $2.5 million in financing from an unsecured convertible promissory note. In October 2016, Spotlight Innovation announced that it was discontinuing the Memcine Pharmaceuticals Immunoplex development program. In August 2016 Spotlight Innovation entered into a sponsored research agreement with Florida State University to support the work of Professor Hengli Tang in the development of treatments for Zika virus infection.

When Carnegie was later asked about her, he denied ever knowing her, and further stated he had not signed a promissory note in more than 30 years. Chadwick fled to New York, but was soon arrested at her apartment at the Hotel Breslin and taken back to Cleveland. When she was arrested, she was wearing a money belt containing over $100,000. Leroy Chadwick and his adult daughter hastily left Cleveland for a European tour when the scandal broke.

Reproduction of a Song note, possibly a Jiaozi, redeemable for 770 mò. Jiaozi () was a form of promissory note which appeared around the 11th century in the Sichuan capital of Chengdu, China. Numismatists regard it as the first paper money in history, a development of the Chinese Song Dynasty (960–1279 CE). Early Jiaozi notes did not have standard denominations but were denominated according to the needs of the purchaser and ranged from 500 wén to 5 guàn.

Steven discovers the promissory note Eddie sold to Martin and steals it from Martin's lawyers. Fred tells Marsha and Carolyn he's being transferred out of town, allowing them to make new lives, but Carolyn can't accept it at first. Jill fears her presence in the Winter home may compromise the Winters' marriage, but Tom reminds her she may lose custody of baby Kelly if she leaves. Carolyn finally accepts her parents' divorce and uses it to date whom she pleases.

In February 2013, a deal was reached with the European Central Bank, in relation to the promissory note used to bail out the former Anglo Irish Bank. Kenny described it as "a good day for the country and its people". He told the Dáil that, as a result of the changes, there would be a €20 billion reduction in the borrowing requirement of the National Treasury Management Agency in the years ahead, but also cautioned that the agreement was not a "silver bullet".

A promissory note, referred to as a note payable in accounting, or commonly as just a "note", is a contract where one party (the maker or issuer) makes an unconditional promise in writing to pay a sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. They differ from IOUs in that they contain a specific promise to pay, rather than simply acknowledging that a debt exists.

The Cheque was introduced in India by the Bank of Hindustan, the first joint stock bank established in 1770. In 1881, the Negotiable Instruments Act (NI Act) was enacted in India, formalising the usage and characteristics of instruments like the cheque, the bill of exchange, and promissory note. The NI Act provided a legal framework for non-cash paper payment instruments in India. In 1938, the Calcutta Clearing Banks' Association, which was the largest bankers' association at that time, adopted clearing house.

First efforts led to discussions with Avalon Hill to merge with or acquire SPI, but that did not materialize, partially due to the increasing losses in cash for SPI thanks to the increases in costs from inflation and the decreases in revenue. AH did purchase five of SPI's titles, which helped with operational costs. However, more money was needed. SPI negotiated a promissory note loan (at the time mentioned as $225,000 but here listed as $400,000 from TSR (the publishers of Dungeons & Dragons).

In April 1849, Lyons lost a lawsuit over a promissory note for $2,200 he signed in April 1843 in West Feliciana Parish, Louisiana. Lyons married Eliza Pirrie in 1840. Pirrie was already twice a widow and had a boy, Robert Hillard Jr, from her first husband Robert Hillard, and two children (Isabelle and James Pirrie Bowman) with her second husband William Robert Bowman. Together with Lyons, they had three daughters and a son: Lucy Pirrie, Foreclosure on parcel of property for back taxes.

In Massachusetts it is simple larceny to obtain by false pretenses the money or personal chattel of another.Mass. Gen. Laws, ch. 266, § 59 (2009) Obtaining by false pretence the making, acceptance or endorsement of a bill of exchange or promissory note, the release or substitution of collateral or other security, an extension of time for payment of an obligation, or the release or alteration of the obligation of a written contract, is larceny and punishable by imprisonment.Mass. Gen. Laws, ch.

A dispute over timing of income recognition for tax purposes may arise when the thing received is really not much more than a promise of payment, such as a promissory note or a bond. If mere promises to pay were considered cash equivalents, then there would be little difference between the cash and accrual methods for tax purposes.Donaldson, p. 364 The United States Court of Appeals for the Fifth Circuit established the standard for applying the cash equivalence doctrine to promises of payment.

Installment sales are a valuable tool to help sellers defer tax. As with any other seller financing, however, the seller is generally at risk with respect to the buyer's creditworthiness or ability to manage the asset. The seller may often retain a lien against the property to secure payment of the installment obligation, which itself may or may not be evidenced by a promissory note. The installment sale allows buyers to obtain an asset such as real estate without bank financing.

In 2015, BetterHelp was acquired by Teladoc, Inc., a telehealth company that uses telephone and videoconferencing technology to provide on-demand remote therapy. Teladoc acquired BetterHelp for $3.5 million in cash and a $1.0 million promissory note, with an agreement to make annual payments to the sellers equal to 15% of the total net revenue generated by the BetterHelp business for each of the next three years.Dolan, Brian Teladoc IPO filing reveals 299,000 visits last year, details of past acquisitions Mobile Health News.

She did not take it. On September 5, 2008, she was released again on bail on all pending charges after being fitted with an electronic tracking device. Her $500,000 bond was posted by her parents, Cindy and George Anthony, who signed a promissory note for the bond. On October 14, 2008, Casey Anthony was indicted by a grand jury on charges of first degree murder, aggravated child abuse, aggravated manslaughter of a child, and four counts of providing false information to police.

In contrast with federal loans, whose terms are public and standardized, the terms for private loans vary from lender to lender. However, it is not easy to compare them, as some conditions may not be revealed until the student is presented with a contract (promissory note) to sign. A common suggestion is to shop around on all terms, not just respond to "rates as low as..." tactics that are sometimes little more than bait-and-switch. However, shopping around could damage your credit score.

History Maynooth Students Union In 2013, he unsuccessfully took the government to court over the issuing and payment of promissory notes, which he appealed to the Supreme Court of Ireland.TDs Flanagan Daly Wallace and Collins keen to join supreme court promissory note appeal Hall owns and runs the Lifeline ambulance service. He founded the Make a Wish Foundation Ireland in 1992, and also served as chairman of the Marie Keating Foundation.Throwing a lifeline - Profile David Hall by Ian Kehoe, Sunday Business Post, 10 November 2013.

Zulema's death was initially attributed to cardiac arrest. Zulema's daughter found that a promissory note worth 20 million Argentine peso ley was missing from her mother's belongings. The building's doorman said that Murano arrived for a visit carrying a mysterious package (which was later discovered to contain masas finas), and had casually asked for a copy of the keys to Zulema's apartment keys, saying, "I need her notebook to warn her relatives". Murano entered her cousin's apartment and left quickly, carrying papers and a jar.

Mr. Williams wrote to Restieaux telling him he was to look to Glover Dow & Co for his pay – Restieaux was never paid as the company became insolvent. Restieaux then traded as agent for Ben Pease on Ponape atoll, although that venture failed. In August 1871 Restieaux sailed with Bully Hayes on the Leonora and landed on Pingelap atoll where he traded as agent for Hayes until May 1872. Bully Hayes gave Restieaux a promissory note payable three months from date – this was never paid.

In the Indiana Supreme Court case of Smith v. Moody (1866), Moody's defense argued that Smith was an African American who had immigrated to Indiana after 1851, a violation of Article 13 of the state constitution, and that the promissory note that Moody had given Smith was invalid under the Article 13. Ruling in Smith's favor, the state supreme court recognized Smith as a U.S. citizen and voided Article 13 of the state constitution on the grounds that it denied Smith his U.S. citizenship rights.Dunn, v.

According to the reporter's summation: > In an action by the endorser against the promisor of a promissory note > negotiated subsequent to the day of payment, the defendant may go into such > evidence as he would have been entitled to had the action been brought by > the original promisee. The deposition of a person used in a former trial is > competent evidence in a review, though the deponent is a party to the suit, > having become administrator of one of the original parties.Gold v. Eddy, 1 > Mass.

The Slocum Massacre was originally said to have begun by two separate events. # The first event was an argument over a promissory note between a black business man, Marsh Holley, and a handicapped farmer, Reddin Alford. The argument itself did not seem like a big deal to Marsh Holley, but the story was skewed in an attempt to favor whites. The story that whites received was that Holley was trying to cheat a handicapped farmer, or Alford lied and said that Holley was threatening.

On January 29, 2014, Google announced Lenovo plans to acquire the Motorola Mobility smartphone business. The purchase price was approximately $2.91 billion (subject to certain adjustments), including $1.41 billion paid at close: $660 million in cash and $750 million in Lenovo ordinary shares (subject to a share cap/floor). The remaining $1.5 billion will be paid in the form of a three- year promissory note. Google maintained ownership of the vast majority of the Motorola Mobility patent portfolio, including active patent applications and invention disclosures.

CDC founded a separate division called Rigidyne in Simi Valley, California, to develop 3.5-inch drives using technology from the Wren series. These were marketed by CDC as the "Swift" series, and were among the first high-performance 3.5-inch drives on the market at their introduction in 1987. In September 1988 CDC merged Rigidyne and MPI into the umbrella subsidiary of Imprimis Technology. The next year Seagate Technology purchased Imprimis for $250 million in cash, 10.7 million in Seagate stock and a $50 million promissory note.

Bond was set at $5,000.The Indianapolis News (Indianapolis, Indiana) · Sat, Dec 18, 1915 · Page 25 Arabella N. Cox, told police that Haynes had failed to honor a promissory note for $1,200. He had also given her a check written on the Aetna Trust and Savings Company, and it bounced. An affidavit for his arrest was signed only after Cox's attorney visited the deputy prosecutor, who felt the state did not have a particularly strong criminal case and believed it should be settled as a civil matter.

However, ownership (or legal entitlement) is extremely difficult to establish in event of loss or theft. In general, the legal situs of the property is where the instrument is located. Bearer instruments can be used in certain jurisdictions to avoid transfer taxes, although taxes may be charged when bearer instruments are issued. In the United States, under the Uniform Commercial Code, a negotiable instrument (such as a check or promissory note) that is payable to the order of "bearer" or "cash" may be enforced (i.e.

Motorola Moto X On 29 January 2014, Google announced it would sell Motorola Mobility to Lenovo for US$2.91 billion. When Google and Lenovo first announced the acquisition of Motorola, they said the purchase would be funded with $660 million in cash, $750 million in Lenovo stock, and a $1.5 billion promissory note due in three years. As of February 2014, Google owns about 5.94% of Lenovo's stock. The deal includes smartphone lines like the Moto X and Moto G and the Droid Turbo.

Binge v. Smith, Dallam 616 (1844), was a case decided by the Supreme Court of the Republic of Texas which held that where one party to a joint contract dies, the survivor may be sued; that the drawer and indorser of a promissory note may and should be joined in the same action if both be sued simultaneously; and that where separate actions were brought at different terms in the same court, plaintiff might be required to consolidate unless manifest injustice would thereby be done.

Flynn made the film in partnership with William Marshall, an actor turned producer. The movie was originally entitled Before You Sleep Tonight and Flynn agreed to own a half interest in the film in exchange for a promissory note worth $25,000 signed in July 1949. Flynn made the movie in Italy in late 1949 on the way back from India, where he had been filming Kim.Thomas McNulty, Errol Flynn: The Life and Career, McFarland, p242 accessed 22 November 2012 He worked on it for ten days and Flynn says his fee was $2,700 a day.

However, the assignment or conveyance of a contract secured by real property may be regulated by Article 3 to the extent that the contract is a negotiable instrument. Both must be distinguished from a secured interest in a promissory note that is secured by a mortgage or deed of trust on real property, which is regulated by Article 9. This latter distinction is important in the context of the sale and purchase of promissory notes secured by real property. There are a variety of situations in which this distinction is important.

Cash paper money originated as receipts for value held on account "value received", and should not be conflated with promissory "sight bills" which were issued with a promise to convert at a later date. The perception of banknotes as money has evolved over time. Originally, money was based on precious metals. Banknotes were seen by some as an I.O.U. or promissory note: a promise to pay someone in precious metal on presentation (see representative money), but were readily accepted - for convenience and security - in the City of London for example from the late 1600s onwards.

In December 2009, the Minister committed to safeguard the Bank's regulatory capital position. As a result, the Minister issued of a promissory note for €8.3 billion on 31 March 2010, bringing the government's investment in Anglo Irish bank to €12.3 billion.Annual Report for 15 months to December 2009 Since then the notes have risen in value to cover €30.6 billion of the €34.7 billion cost of Anglo Irish Bank and Irish Nationwide Bank (€25.3 billion of the €29.3 billion cost of Anglo and €5.3 billion of INBS's €5.4 billion cost).

In the nearby city, they read the travel documents and learn that the woman, Otoyo, was traveling back home to meet her husband, Unosuke, a silkworm cocoon broker, in Miyagi Village. There is also a promissory note indicating Unosuke had run out of money while travelling, and left his wife behind as collateral in Nirazakizai. She seems to have paid off the debt and was travelling back to her husband with the baby boy. Because Ichi feels responsible for the woman's death, he volunteers to take the baby to Unosuke, and express his regrets.

Graduates from the Jacobs Institute are awarded degrees by both Cornell and Technion. It also has a postdoc program called "Runway" that supports postdocs seeking to start companies such as Nanit and Data Incubator. The Jacobs Institute has an intellectual property policy of its own, not subject to Cornell's or Technion's, under which the institute grants licenses to companies started by post-docs using a simple contract and taking only a promissory note for equity valued at the support it gives to post-docs in salary and by being at Cornell Tech.

On certiorari, reversed and remanded. Black wrote for a 5-4 Court. The Court held that the interpretation given to § 22(a) of the Internal Revenue Code of 1939 was too narrow and that the options were compensation, includible as taxable income. The matter was reversed and remanded to the appellate court with instructions to remand to the lower court for further proceedings to determine the question of whether delivery of a binding promissory note marked the completion of the stock purchase for purposes of measuring taxable gain.

The primitive currency note was in reality a promissory note to pay back to its bearer the original precious metals. With greater acceptability of these promissory notes, these began to move across the country and the banks that issued the promissory notes soon learnt that they could issue more receipts than the gold reserves held by them. This led to the evolution of the fractional-reserve system. It also led to repeated bank failures and brought forth the need to have an independent authority to act as lender-of-the-last- resort.

An example given by Winans was that in February 2002, "Mr. Peterson induced Mr. Winans to execute a power of attorney, representing that it was required to permit Mr. Peterson to perform his services. In fact, on December 31, 2004, Mr. Peterson used the power of attorney to execute a promissory note purporting to obligate Mr. Winans to pay Mr. Peterson himself the sum of $150,000." BeBe Winans was arrested March 11, 2009 on charges of domestic assault for allegedly pushing his ex-wife to the ground in front of their children during an argument.

Act I: Place Royale The setting is Paris in 1640. Cyrano de Bergerac, the famous poet and duellist, loves and is loved by Ninon de l'Enclos (Ninette), a famous Parisian beauty. The two have exchanged letters, each containing vows of eternal fidelity, and they have agreed that if either breaks their pact he or she must return the promissory note to the other. At the Place Royale, the fashionable Paris square, Cyrano gets into a quarrel with a young provincial gentleman, Gontran de Chavennes, who has just arrived in Paris for the first time.

A number of cuneiform tablets bearing the name Tattenai have survived as part of what may have been a family archive. The tablet that links one member of this family to the Bible character is a promissory note dated to the 20th year of Darius I, 502 BC. It identifies a witness to the transaction as a servant of “Tattannu, governor of Across-the-River”. The clay tablet can be dated to June 5, 502 B.C. exactly.Mykytiuk, Lawrence, Archaeology Confirms 3 More Bible People Biblical Archaeology Review (Washington)43.3 (May/June 2017): 48.

Between these three stations the full Triangle region was covered, but only during daylight hours, as all three were licensed only for daytime operation. In 1996 the station was acquired for a third time by Roger Jennings and Benchmark Communications, for $4,000 in cash and a 10-year 10% promissory note for $125,000."Transactions: North Carolina", Radio & Records, February 2, 1996, page 10. In October 2004, WRTP, WRTG and WGSB were all purchased by Estuardo Valdemar Rodriguez and Leonor Rodriguez, owners of WLLN in Lillington, for $1.1 million.

Henson attempted to purchase his freedom for $450, but after selling his personal assets to raise $350 and signing a promissory note for the remainder Henson's owner raised the price to $1000; Henson was unable to prove that the original agreement had been for a lesser amount. Shortly afterward Henson was ordered on a trip south to New Orleans. When he learned that he was to be sold there, he obtained a weapon. He contemplated murdering his white companions with the weapon, but decided against violence because his Christian morals forbade it.

In November 2016, Tampa Bay Rowdies owner, Bill Edwards, filed a complaint against the Strikers' holding company, Miami FC, LLC, over money loaned to the struggling club. Edwards claimed that the team had failed to pay him back $300,000 in loans. He sought damages and foreclosure on the Strikers’ assets in the lawsuit. A signed promissory note showed that the collateral they put up to secure the loans included the team's patents, copyrights, trademarks, rights to use of the name "Ft Lauderdale Strikers" along with other tangible assets.

A case of murder attempt were registered against Jayalalithaa, her close associate Sasikala, and Sasikala's nephew V Mahadivan has been recorded by the Chennai police on following a complaint by former Jayalalithaa's auditor, Rajasekaran, who alleged that he was summoned to the Poes Garden bungalow and violently assaulted by Sasikala and Mahadevan with a stick and high-heeled shoes. Rajasekaran also stated that he had been forced by Jayalalithaa and Sasikala to sign two letters and a promissory note in respect of ₹50 lakhs. Jayalalithaa, however, denied the charges in a statement.

Although in the form of a promissory note, namely a promise by the colonial government to pay the soldiers when more coinage was available, the playing cards began to circulate as a medium of exchange. This was the first issue of paper money by a Western government. The card money did not meet with the approval of the French government, which was concerned that the cards were too easily counterfeited, and discouraged the colonial authorities from issuing the card money. Nonetheless, even when more coins did arrive from France, the cards continued to be used.

In November 2012, Planar announced the sale of its electroluminescent business to Beneq Oy, a supplier of production and research equipment for thin film coatings. Under the terms of the transaction, consideration consists of a $6.5 million base purchase price, of which $3.9 million was paid in cash at closing and $2.6 million was paid in the form of a promissory note. Planar was purchased by Leyard Optoelectronic Co. of China in 2015 for $157 million. It became a subsidiary after formerly trading on the NASDAQ under the symbol PLNR.

In January 1914, the plantation, house, and land was sold to George Hightower as a result of a default on a promissory note, thus ending an 81-year chain of ownership by the Brandon and Hoggatt families. These 81 years extended from Mississippi's frontier days during the period of grace and plenty before the Civil War, and through the South's darkest hours after the war. From 1914 until the present, Brandon Hall Plantation has had ten owners. In 1987 the home was completely renovated and restored, perfectly duplicating the original construction.

After the flood of 1890, which destroyed all of the farm and mining operations he had recently invested in, Wickenburg was forced to sell the 80% interest of the Vulture mine which he owned, for eighty-five thousand US dollars ($85,000). He received twenty thousand in cash and a promissory note for the rest of the sixty-five thousand dollars. The new owners refused to pay him because they claimed that Wickenburg did not have a clear title to the property. Wickenburg killed himself as a result of losing his fortune and land in 1905.

The 10.75% is the separated into two sections. The first section worth of 1.62%, Bannapot used Potjaman’s money to buy the shares to increase his holdings. The 9.13% leftover was accused as being a fraud. The transaction made it look like that Bannapot was buying shares from Potjaman. But the promissory note for buying the shares was accused of being made up after the incident as the name of Potjaman was stated as “Lady Potjaman” where at the time of the transaction; her status was not yet a lady.

Hepburn attempted to pay a debt to Henry Griswold on a promissory note, which was made five days prior to the issuance of United States Notes that the case questioned. Griswold sued Hepburn in the Louisville Chancery Court on the note and refused Hepburn's tender of United States notes to satisfy his claim. She then tendered the notes into the Chancery Court, which declared her debt satisfied. The Court of Errors of Kentucky reversed the chancery court's judgment, and Hepburn appealed to the Supreme Court, which affirmed the judgment of the Court of Errors.

Mike McCormick, "Terre Haute was 'Convention City' in 1882" , Terre Haute Tribune-Star, October 20, 2002. With the B of LF about $6,000 in debt, Debs stabilized the organization's shaky finances with a promissory note which he personally backed and began a new era of careful financial management. Two years later, the Brotherhood had recovered, with nearly $13,000 in the bank to the credit of the organization's 6,000 members. Debs was named editor of the Locomotive Firemen's Magazine in 1881 and he remained in that capacity and in the position of Grand Secretary and Treasurer until September 1894.

Tom thinks Susan is plotting to break up their marriage by setting him up to be seduced by Jill. Steven confronts Ada with the stolen promissory note but Ada won't help him find its truth. Norman has persuaded Rod to hire Steven to handle the new motorcycle shop's legal affairs, but Steven still hopes to break up Rod and Betty. After selling a bike to a student, Rod and Norman ride another bike back to the shop but they're inadvertently run off the road by Steven---with Betty in his car---and Rod is seriously injured when he's thrown into a tree.

A wraparound mortgage, more commonly known as a "wrap", is a form of secondary financing for the purchase of real property. The seller extends to the buyer a junior mortgage which wraps around and exists in addition to any superior mortgages already secured by the property. Under a wrap, a seller accepts a secured promissory note from the buyer for the amount due on the underlying mortgage plus an amount up to the remaining purchase money balance. The new purchaser makes monthly payments to the seller, who is then responsible for making the payments to the underlying mortgagee(s).

In 1729 Child introduced a new form of promissory note, with a picture of Temple Bar in the left-hand corner. These were worded very similarly to the Bank of England notes of the present day, and were discontinued, as Mr. F. G. H. Price considers, before 1800. Child became Lord Mayor in 1731, and appointed as his chaplain Dr. John Middleton, rector of St. Peter's, Cornhill. Towards the close of his mayoralty, on 28 September in the following year, he attended with the court of aldermen, sheriffs, and other officials to congratulate George II on his safe return from Hanover.

At the height, Zeng was taking in more than a hundred thousand yuan from drugs daily. Zeng would be informed of a tax increase coming his way, and he would then promptly arrange for a meetup with members of the Sichuan treasury, to present them with gifts and a promissory note. His wealth enabled him to purchase various plots of farmland in China. In addition to owning a mega tobacco company, Shu Yi (蜀益烟草公司), he was sole proprietor of Victory Bank (胜利银行) and had shares in Sichuan Meifeng Chemical, Sichuan Salt, and "eleven other banks".

During his time in office, Strauss oversaw construction of a city hall, library, firehouse, a building and loan association, an infirmary, and graded roads. During Strauss' term, General George Crook led troops into Mexico in pursuit of Geronimo. On June 19, 1883, following Apache leader's promise to surrender, Strauss organized a citywide celebration to honor Crook. Near the end of his term, Strauss encountered some legal issues. On June 6, 1884, Strauss and several members of the city council were indicted on charges of malfeasance in office for allegedly issuing a $5,000 promissory note without proper authorization.

Bhagat Ram lives a wealthy lifestyle in a small village in India, along with his son, Shyam, who is an Advocate in Bombay and makes a living as a Hindu Priest. He receives a marriage proposal from Choudhury Bishan Swaroop Singh for Shyam, the girl in question is Bishan's son-in-law, Raju's sister, Shobha. Hoping to get a dowry of fifty thousand rupees, he agrees and the marriage takes place. After the ceremony, he is handed a promissory note and angered, he and Shyam return home, leaving a devastated Shobha and the Singh family to deal with this crisis.

In March 2011, an article in Wired magazine stated that Dugan held stock in RedXDefense, her previous firm. In accordance with DoD policy, Dugan disclosed and recused from matters involving her former firm. A DARPA spokesperson stated that Dugan had no involvement in a 2010 contract award to RedXDefense, and that the contract was vetted by the agency's top lawyer to assure there was no conflict. Subsequently, the LA Times and Wired reported that her company had received around $1.8M in DARPA contracts and that Dugan held a promissory note from RedXDefense in the amount of $250,000.

A toll revenue bond is a financial promissory note usually issued to generate funds for the construction and/or operation of a public accommodation such as an expressway, bridge, or tunnel. Funds for the repayment are obtained through revenue raised through collection of tolls from users as a fare for passage. An attraction for municipalities is that the bonds allow them to avoid legislated debt restrictions that may be encountered when issuing general obligation bonds. Toll revenue bonds are more speculative than "general obligation" bonds, which are backed (or guaranteed) by tax revenues of a state or local government.

Unsound lending practices resulted in the National Mortgage Crisis of the 1930s, the savings and loan crisis of the 1980s and 1990s and the subprime mortgage crisis of 2007 which led to the 2010 foreclosure crisis. In the United States, the mortgage loan involves two separate documents: the mortgage note (a promissory note) and the security interest evidenced by the "mortgage" document; generally, the two are assigned together, but if they are split traditionally the holder of the note and not the mortgage has the right to foreclose.Renuart E. (2012). Property Title Trouble in Non-Judicial Foreclosure States: The Ibanez Time Bomb?.

On 21 October 1943 Subhash Chandra Bose formed provisional government of Azad Hind and early after it Bose declared war against British Raj and its allies on 23 October 1943. Bose established the Azad Hind bank to manage funds donated by the Indian community from across the world for the liberation of India from the British Raj, while utilizing the bank's services for the operations of the Azad Hind Fauj. The bank maintained its branches throughout Japan occupied countries. The currency notes were issued in the form of Promissory note, and these notes were usually printed on one side.

Bhakta is he Who associates or joins himself with Lord vishnu who was also known as Shree Krishna. Famous Saint Narsimh Mehta Write Hundi on the Name of Shmalia Sheth in the time of his distress a type of promissory note which was honored by Shree Krishna, Shri Narsimh Mehta wrote poetry in the honor of Shri Krishna which became Mahatma Gandhi's Prayer song. ;Vautha No Melo Situated at the confluence of two rivers near Ahmedabad, the site attracts people of all communities. Animals, particularly donkeys and camels, are sold in large numbers during this fair.

29, 2019 In 1807, Benjamin W. Willard of Worcester County received a judgment in his favor from the county's Court of Common Pleas against "President, Director and Company of the Union Turnpike Corporation" for non-payment of a promissory note which had been made to Willard by Benjamin Kimball, the corporation's treasurer.Nichols v. Thomas, Supreme Judicial Court of Massachusetts, March Term, 1808 Willard obtained a writ of execution, a legal document that allows a sheriff to attach personal property of the debtor. Failing to find any personal property in the amount of the debt, the sheriff, Moses Thomas, arrested Kimball.

Paul-Marie Masson, L'opéra de Rameau, 1930:108; The New Grove French Baroque Masters 1986, s.v. "Rameau, Jean-Philippe"; Graham Sadler, "Rameau, Pellegrin and the Opera: The Revisions of 'Hippolyte et Aricie' during Its First Season," The Musical Times 124 (September 1983:533-37); Cuthbert Morton Girdlestone, Jean-Philippe Rameau: his life and work - 1990:129. The theatre anecdote would have the seasoned Pellegrin, who had demanded 500 livres for his poem, regardless of the work's success, tear up the promissory note on hearing the young Rameau's music, arguing that such a genius did not require such a stringent guarantee.

Commercial Paper in India is a new addition to short-term instruments in Indian Money market since 1990 onward. The introduction of Commercial paper as the short-term monetary instrument was the beginning of a reform in Indian Money market on the background of trend of Liberalization which began in the world economy during 1985 to 1990. A commercial paper in India is the monetary instrument issued in the form of promissory note. It acts as the debt instrument to be used by large corporate companies for borrowing short-term monetary funds in the money market.

A signed promissory note details that the collateral the team put up to secure the loans included the team's patents, copyrights, trademarks, rights to use of the name "Fort Lauderdale Strikers" along with other tangible assets. Although the league was also named in the suit, he is only seeking a judgement from the Strikers. The suit alleged that Edwards entered into a loan agreement with Strikers' ownership in July 2016, by transferring $450,000 to his team's cross-state rivals via his own company, Marketing Solutions Publications. A few weeks later his company made an additional loan of $120,000.

The deal was accepted for filing by the FCC on January 30, 2008, approved on April 10, 2008, and the transaction consummated on May 1, 2008. In September 2010, the station's format shifted from pure classic rock to classic rock plus some country music, branded as "The Renegade, rock with a twang". In 2016, the station and then-sister station WZVA were purchased by CDM Broadcasting, Inc. However, effective January 31, 2018, both stations were sold back to T.E.C.O. Broadcasting in exchange for releasing CDM Broadcasting from the $651,039 promissory note related to the 2016 purchase.

On the way up, Eva-Lotta sees a man in green gabardine trousers who is visiting Gren and hears that they'll "meet on Wednesday at the regular place" and Gren'll bring all the promissory notes. "Röda Rosen" force Anders to tell them where Stormumriken is hidden but Anders escapes. When Eva- Lotta is ordered to go to the mansion and get Stormumriken, he sees Gren and the man with the green gabardine trousers. When the man in the trousers is going away, she runs into him and then he drops a paper, a promissory note, which she takes.

A few days later, "Vita Rosen" are on "treasure hunt", they search after a map at the mansion which "Röda Rosen" have hidden there. When Kalle and Anders go and look at the murder place, the killer, who changed his appearance, comes into the house where Eva-Lotta is alone. She doesn’t recognize him and tells him that they are looking for a paper, making him afraid that they may have found the promissory note. When Eva-Lotta sees a tattoo on his hand, she recognizes him and tells Kalle and Anders in Rövarspråket that he is the murderer.

But with the rise of role playing games and multimillion-dollar sales for that arm of gaming, SPI expanded into hobby shops and increased their market. However, retail meant significantly higher print runs and lower margins, and with the rapid inflation of the 1970s, the rise in paper costs put them in a financial bind. When the recession of 1980-81 hit, the company found themselves short of cash and unable to continue without a loan. TSR appeared to be a savior, making the loan as a promissory note, but then reversed course and demanded payment.

Baldwin offered an unsecured loan for $125,000, in the form of a 90-day promissory note issued in December 1930. The condition of the loan was that Baldwin would be given a fourth board member for the duration of the loan, giving Baldwin four out of the seven board members, and so majority control of the board. On March 5, 1931, the bank holding the largest cash reserve of the G. D. Whitcomb Company seized the account to apply towards another debt that the company owed the bank. This left the Geo D. Whitcomb Company unable to pay its debts.

After the trial, Biegler decides to open a new practice, with a newly sober McCarthy as his partner. James Stewart in the film's trailer The next day, Biegler and McCarthy travel to the Manions' trailer park home to get Manion's signature on a promissory note which they hope will suffice as collateral for a desperately needed loan. It turns out the Manions have vacated the trailer park, the trailer park superintendent commenting that Laura Manion had been crying. Manion left a note for Biegler, indicating that his flight was "an irresistible impulse", the same justification Biegler used during the trial.

Frink Inc. failed to meet its financial obligations, prompting a foreclosure civil action in the Circuit Court of St. Clair County. Frink Inc. was declared in default on May 7, 1990, and was given 180 days to bring its monetary obligations to Sommerville from that date. Frink was required to pay more than $30,000 in unpaid promissory note payments and real estate taxes, according to court papers, putting its total amount owed to more than $150,000. The debts were not satisfied, and as of November 3, 1990, the 181st day of the notice, Sommerville recaptured the license, and assumed the role of trustee.

Dangerfield, 1966, p. 10–11 The charter was signed into law by James Madison on April 10, 1816.Dangerfield, 1966, p. 11 Subsequent efforts by Calhoun and Clay to earmark the bank's $1.5 million establishment "bonus", and annual dividends estimated at $650,000, as a fund for internal improvements, were vetoed by President Madison, on strict constructionist grounds.Minicucci, 2004 An 1824 draft on the Bank written and signed by Daniel Webster, its attorney and the director of the Boston branch. A promissory note issued by the Second Bank of the United States, December 15, 1840, for the amount of $1,000.

He is found by the sheik's daughter, Mabrouka (Anna Maria Sandri), who takes him to the camp which consists of several black tents. The film skips forward to a point after the war when Captain Holland's brother, Charles Holland , is guided into the desert by Ali (Donald Pleasence) in search of his brother. They were drawn by a promissory note that had been given by Captain Holland to the Bedouin for their help and eventually taken to the British embassy for payment. Sir Charles sets off to discover the fate of his brother and eventually reaches the Bedouin camp.

The court first noted that the principle that "[a] promissory note, negotiable in form, is not necessarily the equivalent of cash" remains true.Cowden v Commissioner, 289 F.2d at 24. But that principle also has a true inverse—that a non-negotiable instrument can be a cash equivalent if the following factors are met. A promise to pay will be considered a cash equivalent for cash method taxpayers if: # the promise to pay is unconditional; # the promise is made by a solvent person; # the promise is assignable; # the promise is not subject to set-offs; and # the promise is marketable.

Sharpe, accompanied by Harper, Doggett and Captain Harry Price, is given official command of the regiment by Wellington and helps to turn back the smaller column of the Guard. With the Imperial Guard in retreat and the Prussians finally arriving on the field, French morale collapses, and Wellington orders a general advance. As night falls, a delirious Rossendale is killed by a peasant woman looter. His friend and fellow officer informs Sharpe that Rossendale is dead and therefore his promissory note has no value, then leaves to break the news to Jane, who is pregnant with Rossendale's child and now utterly alone.

A security agreement may be oral if the secured party (the lender) has actual physical possession of the collateral. Where the collateral remains in the physical possession of the borrower, or where the collateral is intangible (such as a patent.,Mark Nowotarski, “Getting a Loan with Your Patents”, IP Watchdog, 21 June 2012 accounts receivable, or a promissory note), the security agreement must be in writing in order to satisfy the statute of frauds. The security agreement must be authenticated by the debtor, meaning that it must either bear the debtor's signature, or it must be electronically marked.

The defendant, Lieutenant Temple had gotten indebted to money lenders (plaintiffs) issuing them a promissory note; after no money was forthcoming from Lieutenant Temple, the plaintiffs approached his father (Sir Richard Carnac Temple, 2nd Baronet), and ask him to pay the debt for him. Sir Richard in reply, got his solicitors to send the moneylender a cheque for 1,500 rupees, which was less than the full amount owed, with a letter attached that this was tendered as a "full settlement of his son’s account". The money lenders cashed the cheque but then proceeded to sue the debtor (Lieutenant Temple) for the outstanding balance.

Credit for her work was sometimes given to her father, Don Miguel Sabuco y Alvarez, because of a powerful letter written by him claiming the work as his own.Waithe 1989, p. 278. His letter and a promissory note written by Sabuco's husband and brother were implemented a year following the publication of the book. The letter claimed Don Miguel Sabuco as the true author of New Philosophy of Human Nature and an explanation stating that her name was included in an attempt to honor her but she had no legal interest in the volume nor authority over it.

The president and secretary of a church corporation have no authority to make a promissory note unless authorized by the board of trustees. When the laws of the organization give control of matters to the board of trustees, the majority of the members of the church cannot control the action of the trustees contrary to the uses and regulations of the church. A court has no authority to control the exercise of the judgment or discretion of the officers of a church in the management of its funds so long as they do not violate its constitutions or by-laws. Excommunication does not always remove an officer of a church corporation.

One Peso Note The peso was a promissory note issued on the Falklands Islands () by Luis Vernet from around 1828 until the collapse of his settlement in August 1833. Vernet, who was appointed Governor by the United Provinces of the River Plate in 1829, paid workers on the islands in these promissory notes.A brief history of the Falkland Islands Part 3 - Louis Vernet: The Great Entrepreneur , Accessed 2007-07-19 Ten Peso Note Following the Lexington raid in 1831, the settlement was in some disarray. When Vernet's deputy, Matthew Brisbane, returned in March 1833, he devalued these promissory notes as a reflection of Vernet's reduced status.

KMWM went on the air on 11 August 2016 changing to the call sign on July 7 2016 from KOGD prior to commencing operation. On August 14, 2013 the FCC granted a construction permit to L Topaz Enterprises, Inc for 101.7 mHz with an Effective Radiated Power of 51 kW. The location of the transmitter was chosen with the attempt to cover the city of Alturas, California and have a listenable signal in Lakeview, Oregon. On May 22, 2014 L. Topaz sold the Construction Permit to Woodward Matthew Warren of Lakeview, Oregon for $25,000, $15,000 of which was in the form of a promissory note.

Banknotes with a face value of 5000 in different currencies. (United States dollar, CFA franc, Japanese yen, Italian lira, and French franc) A banknote (often known as a bill (in the US), paper money, or simply a note) is a type of negotiable promissory note, made by a bank or other licensed authority, payable to the bearer on demand. Banknotes were originally issued by commercial banks, which were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank.

The bankers also began issuing a greater value of notes than the total value of their physical reserves in the form of loans, on the assumption that they would not have to redeem all of their issued banknotes at the same time. This pivotal shift changed the simple promissory note into an agency for the expansion of the monetary supply itself. As these receipts were increasingly used in the money circulation system, depositors began to ask for multiple receipts to be made out in smaller, fixed denominations for use as money. The receipts soon became a written order to pay the amount to whoever had possession of the note.

A love coupon is a romantic way of expressing one's feelings for a partner in a relationship. It is a form of voluntary IOU or promissory note between people in love that contains a promise from one of the partners in a relationship to engage in romantic activities at a time in the future. The love coupon contains a relevant artistic image or drawing, a romantic promise and sometimes redeeming conditions like date of expiration. At the core a love coupon is a love note that uses the coupon metaphor but it can also be seen as a very specialized form of greeting card.

Asian casino magnate denies organized crime ties (AOL) MGM Mirage subsequently transferred its 50% share in the Borgata to a divestiture trust through which it received all benefit of the ownership. The trust was responsible for selling MGM's interest within 30 months, although MGM had the right to direct the trustee during the first 18 months.MGM’s plan to exit Borgata is approved Philadelphia Inquirer On December 16, 2008, MGM Mirage announced the sale of its Las Vegas Treasure Island resort and casino to billionaire Phil Ruffin. The sale was completed on March 20, 2009 for $600 million in cash plus a $175 million promissory note.

Historian Donald Creighton attributed the Rebellions of 1837 to this tension. Merchants would extend credit to new farmers, but after a few years would start demanding payment of the debt in wheat - and with a captive market, they would set the price. They would have the farmer sign a promissory note for the balance, which meant that the merchant could sue the farmer at any time, and indefinitely imprison him until the debt was paid. It was to the merchant's advantage to keep the farmer producing as much as possible for as long as possible, and to pay as little as possible for it.

The operators of Puzzling World have for many years offered a monetary prize for anybody who can prove they have psychic powers; potential winners need to use their powers to locate a specific item located somewhere on the Puzzling World site. When the challenge began the prize was originally $50,000 NZD, for which any participant was required to find two halves of a promissory note which had been hidden within of the building. This was then reduced to a radius of , and finally in 2006, when the prize was doubled to $100,000 NZD, . Any 'psychic' participant is required to pay $1000 to take part (apparently to ensure no time wasters).

However: > The eleventh section of the Judiciary Act, which defines the jurisdiction of > the Circuit Courts, restrains them from taking 'cognizance of any suit to > recover the contents of any promissory note or other chose in action, in > favor of an assignee, unless a suit might have been prosecuted in such court > to recover the contents, if no assignment had been made, except in cases of > foreign bills of exchange' . . . It must be admitted, that if the > Constitution had ordained and established the inferior courts, and > distributed to them their respective powers, they could not be restricted or > divested by Congress. But . . . it has made no such distribution . . .

De Castro takes oath as new SC justice GMANews.TV On January 10, 2008, Edgardo Urieta, Sandiganbayan chief of the Sheriff and Security Services Office released the two-page report (based on thirteen-page Banco de Oro to the Sandiganbayan Special Division) which discovered intact due to the 2001 levy by BIR distraint - P 1.107 billion ($1 = P 41) account of Joseph Estrada: P500 million - "promissory note and chattel mortgage"; 450 million shares of Waterfront Philippines valued at P 427.5 million; and 300 million shares of Wellex Industries worth P 84 million; cash deposits in a common trust fund investment account of P 95.76 million. GMA NEWS.

Albert M. Fell, Caretaker; Emma M. Fell, Housekeeper; Suigi Imizie, Gardner. After starring in the role as Grace Merrill in the drama Greater Than Love (1921), directed by Fred Niblo, she retired from the screen and moved to New York. On March 16, 1925, she filed suit in the Supreme Court of New York against producer J. Parker Read, Jr., for $103,000 and asked for an attachment against money owed him by various film distributors in New York City. The complaint stated she was starred in several pictures under Read's direction, and on December 23, 1921, he made a promissory note to her for the money, payable in four installments.

In November 2006, John H. Beebe's Beebe Communications, LLC, reached an agreement to sell WCMA and sister station WTKN (1230 AM, Corinth, Mississippi) to Perihelion Global, Inc. The deal was approved by the FCC on December 29, 2006, and the transaction was consummated on February 8, 2007, for restricted stock. Although the subject of much speculation by bloggers, the restricted stock was not sold and was later exchanged for a promissory note that was not paid, resulting in a financial loss for Beebe. A request for special temporary authority to take the station silent to complete engineering changes was filed with the FCC on July 14, 2009, and was granted.

Intention is not relevant, however, there are sensitivities to this matter, primarily concerning the insurance markets. Three key types of recharacterisation can occur to simple positions #Guarantees or Indemnities: In Yeoman Credit Ltd v Latter(1961) WLR 828 per Harman LJ the court held perhaps the most important distinction. The distinction between the two is that a guarantee is a secondary obligation to pay whilst an indemnity is a primary obligation.Birkmyr V Darnell. 1704 91 ER 27 1 Salk, 27 & 28Stadium Finance Co v Helm #Guarantees or Performance bonds: Performance bonds are similar to a promissory note, this turns again upon the primacy of the obligations.

Blau's bank allegedly held significant cash deposits for the park which were then lost, controlled 1,393 shares of park stock that would sell below value during bank bankruptcy proceedings, and more significantly, held a promissory note using Luna Park as collateral for payment on land purchased years earlier. In an effort to regain depositor assets, bankruptcy attorneys reviewed outstanding debts owed to the bank and discovered note 334 assigned to Luna Park. Nearing the end of the season with lost funding was a difficult situation for management in meeting obligations required on the note. So unusually, they remained open as late as possible, until September 25, to generate sufficient revenue but with consequences.

Scranton Republican. May 9, 1917. After demolition, that individual, Peter Stipp, Sr.,"Planners in favor of Stipp's offer". Scranton Republican. December 15, 1917. eventually sold the land to the city of Scranton which then quieted liens due on the promissory note through the confessed judgment clause. On February 2, 1929, an attempt was made by A.H. Strohl to resurrect an amusement park on the site,"Strohl seeks lease of Luna Park grounds for term of 50 years". Scranton Republican. June 23, 1928. but was rejected by the Scranton city council on the basis of weak financial planning and concerns of neighbors over noise."East side body opposes lease for Luna Park". Scranton Republican. June 29, 1928.

In New France, playing cards were issued as a method of payment in the 1680s by the Intendant of New France, in addition to the coins introduced in the 1660s. However, the massive drain of wealth from New France to Europe resulting from mercantilist trade policies made it impossible to back card money with gold bullion. Card money was thus essentially worthless. The card system collapsed in the 1690s, causing long- term suspicion of paper money on the part of the French settlers. Card money was replaced in the 18th century by a type of promissory note called bons, derived from the French phrase, bon pour, meaning good for the indicated amount.

In 1964, he received the Distinguished Service Award from the Canton Jaycees for his efforts in establishing the Hall of Fame in Canton. He was also named one of the five outstanding young men in Ohio by the Ohio Jaycees in 1964. Funds were limited for the operation of the Hall of Fame in its early years, and in the mid-1960s, Wilkins and Canton businessman, Bill Belden, had to sign a promissory note at Canton's First National Bank to enable the museum to meet its payroll. Wilkins has remained a member of its board of trustees for more than 45 years and served as the chairman of the board from 1984 to 1997.

In 1834, accusations/advice by third parties led Thornhill to dismiss his sub- agent at Calverley for dishonesty. Oastler thought this unjustified (and was aggrieved that his views had not been sought); he therefore prepared to offer his resignation. In doing so he drew up accounts which showed that the expenses he had considered necessary to maintain the good name of Fixby and of Thornhill exceeded his salary; Oastler was indebted to the estate by over £2,700. Thornhill had not at the time seen this as implying any dishonesty and had refused Oastler's resignation and increased his salary (but advised greater economy in future, and secured a promissory note from Oastler for the £2,700).

At the most basic level, monetary policy involves establishing what form of currency the country may have, whether a fiat currency, gold-backed currency (disallowed for countries in the International Monetary Fund), currency board or a currency union. When a country has its own national currency, this involves the issue of some form of standardized currency, which is essentially a form of promissory note: a promise to exchange the note for "money" under certain circumstances. Historically, this was often a promise to exchange the money for precious metals in some fixed amount. Now, when many currencies are fiat money, the "promise to pay" consists of the promise to accept that currency to pay for taxes.

They signed an enforceable restitution agreement with the Rathke family to repay the amount of the embezzlement. After the Rathke family had repaid $210,000, in $30,000 installments, a friend of Wade Rathke, Drummond Pike, purchased the promissory note thereby repaying the remaining debt for Dale Rathke. According to the Times, Wade Rathke "said the decision to keep the matter secret was not made to protect his brother but because word of the embezzlement would have put a 'weapon' into the hands of enemies of Acorn, a liberal group that is a frequent target of conservatives who object to ACORN's often strident advocacy on behalf of low- and moderate-income families and workers." A whistleblower revealed the embezzlement in 2008.

After interviewing Nancy Osgood, Wolfe learns that Bronson is in fact a New York loan shark who has been shadowing Clyde in order to ensure he receives $10,000 that Clyde borrowed to cover his gambling debts. When confronted by Wolfe and Archie, Bronson confirms this, but is vague and unhelpful when questioned regarding Clyde's death, leading Wolfe to suspect that Bronson knows more than he is saying. Out of respect for Nancy Osgood, Wolfe has Archie recover the promissory note Bronson was holding over Clyde by force, but warns the loan shark to be careful. The next day, Wolfe's orchids win numerous prizes at the exposition, defeating a hated rival in the process.

The ship was not named in that notice. John's association with the Governor Bligh was first published in 'The Sydney Gazette and New South Wales Advertiser' (SG&NSWA;) of Sunday, 12 March 1809, page 1. On Sunday 16 April 1809, the following notice was printed on page 2 in the SG&NSWA;: 'John Grono cautions the Public against receiving in payment a Promissory Note of Hand drawn by me the said John Grono in behalf of Daniel Fane, about 5 or 6 years since, for £20 10s. the same having been duly discharged, but said to be mislaid at the time ; when a Receipt was taken for the amount, which is in the hands of my Wife at Hawkesbury.

The cost of the Phalanx, with the extensive privileges it afforded to its members, quickly became a major burden on the budget of the cash-strapped Greek state. By 1838, it comprised over 900 members, whose upkeep required over one million drachmas annually. In an attempt to reduce this exorbitant expenditure, on 1 January 1838, a new law proposed the award of land to members of the Phalanx with no other sources of income, provided that they renounced their previous salary. If they agreed, the members of the Phalanx were to receive a year's salary as capital and a promissory note for a value of public land, to be purchased at public auctions.

In such a situation, the attacker can turn it into a similar message but one in which some important information is altered. For example, a change in the destination address might alter the message route in a way that will force re-encryption with a weaker cipher, thus possibly making it easier for an attacker to decipher the message. When applied to digital signatures, the attacker might be able to change a promissory note stating "I owe you $10.00" into one stating "I owe you $10000".Kimberly Graves, Certified Ethical Hacker Study Guide, Sybex 2010, page 6 Stream ciphers, such as RC4, are vulnerable to a bit-flipping attack, as are some block cipher modes of operation.

The station signed on for the first time in 1986 as WEEE, "The Cherry Hill Station" which featured an Easy Listening format and broadcast Cherry Hill related announcements, town meetings and local sports. In 1995, the station changed its call sign to WSJI and featured Contemporary Christian music and preaching. Formerly owned by Thomas Moffit Sr.'s Broadcast Learning Center, the station was sold to California–based EMF Broadcasting's "K-Love" radio network for $2.5M US; $600,000 cash at closing (including $122,500 escrow deposit) plus $1.85 million promissory note. The sale was brokered by John Pierce and Co. LLC and represented the Educational Media Foundation's entry into the Greater Philadelphia Metropolitan radio market.

In September 1815, Kendall agreed to purchase a half- interest in the Georgetown Minerva. Johnson allowed him to pay the purchase price of $1,000 in equal installments over the next five years, without interest. Kendall also agreed to buy the position of postmaster of the town from its current office-holder for $720 over four years (hoping that this position would give him access to news first). He briefly committed to teaching and investing in land speculation before backing out of both proposals.Cole, p. 51. He quickly learned that Johnson had mortgaged his half of the business to a brother-in-law, Robert Ward, and sold $800 of Kendall's promissory note to his brother, James Johnson.

Nelson Examiner, Volume XXVII, Issue 94, page 6; 6 August 1868 # Civil Sitting, 9 and 10 August 1871, Pike vs Travers. This was an action to recover the sum of one thousand five hundred pounds, the amount of a promissory note, with interest since September 1864.Nelson Examiner, Volume XXX, Issue 30, page 5; 12 August 1871 # Criminal Sittings, Monday 20 November 1871. This included the trying of six criminal cases, none of a very serious nature.Nelson Examiner, Volume XXX, Issue 59, page 3; 22 November 1871 In 1866 Goulstone briefly gave evidence in the Maungatapu murders trial, in his capacity as the acting manager of the Bank of New South Wales.

The next year, after it became necessary for his wife to again travel south for her health, he requested and obtained the responsibility for all Adams Express Company's interests in the territory south of the Potomac and Ohio rivers. In the face of great difficulties, he successfully organized and extended express service across this region, where transportation facilities, although rapidly growing, were still deficient and uncoordinated. At the approach of the Civil War the directors of Adams Express, fearing the confiscation of their Southern properties, decided to sell them to Plant for his promissory note of $500,000. With Southern stockholders of the company he organized in 1861 the Southern Express Company, a Georgia corporation, and named himself president.

Aristotle Politics Translated by Benjamin Jowett MIT University The assignment of monetary value to an otherwise insignificant object such as a coin or promissory note arises as people acquired a psychological capacity to place trust in each other and in external authority within barter exchange. Finding people to barter with is a time-consuming process; Austrian economist Carl Menger hypothesised that this reason was a driving force in the creation of monetary systems – people seeking a way to stop wasting their time looking for someone to barter with. In his book Debt: The First 5,000 Years, anthropologist David Graeber argues against the suggestion that money was invented to replace barter. The problem with this version of history, he suggests, is the lack of any supporting evidence.

Barsdell ran a dental practice, and employed Mr Barker as a dental technician there. When Barsdell later discovered that this employee had sexually assaulted some of his female patients there whilst they were under anaesthesia, Barsdell procured the victims silence through making payments of compensation to the victims husbands totaling $20,000. In return, Barker had given Barsdell a promissory note to reimburse him for these payments, stating "For valuable consideration received, I agree to pay the sum of twenty thousand dollars($20,000)to my very old friend and employer GLH Barsdell", and had used Mr Kerr, a solicitor, who was a visiting client, to witness the deed of gift. Barker at the same time changed his will, adding the provision to leave Barsdell $20,000 from his estate.

103 In 1902, upon the death of Eugène du Pont, the three senior partners considered selling the company to competitor Laflin & Rand Powder Company. Du Pont proposed keeping the company in the family, and the senior partners agreed on condition that du Pont be joined in the venture by T. Coleman du Pont, who would be president, and Pierre S. du Pont. They had no money, but the cousins were able to convince other family members to exchange their company shares for a promissory note instead of cash, plus shares in the reorganized company. According to the Trust organization, the company was purchased "for $15.4 million—$12 million in notes and 33,000 shares of the reorganized DuPont", with the partners retaining $8.6 million worth of shares (86,400).

The church was designed by French architects although the name of the author of the detailed initial plans who supervised work until 1281 has not been recorded. In 1287, a promissory note drawn up by the provost of Paris covers the expenses to be incurred by master builder Étienne de Bonneuil and his assistants in travelling to Sweden to work on the construction of a cathedral at Uppsala. Étienne is credited with work at the east and south chapels of the chancel, the transepts and probably the south portal, although in most of his work he appears to have meticulously followed the plans of his predecessor. Progress was slow as a result of the cold climate, the plague and many financial difficulties.

In October 2018, it was announced that Edwards had sold the club to Tampa Bay Rays, the area's Major League Baseball franchise, who announced plans to purchase the Rowdies and assume control of Al Lang Stadium. In November 2016, Edwards filed a complaint against the Rowdies' arch-rival, Fort Lauderdale Strikers' holding company, Miami FC, LLC, over money loaned to the struggling club. Edwards claimed that the team had failed to pay him back $300,000 in loans. He sought damages and foreclosure on Fort Lauderdale’s assets in the lawsuit. A signed promissory note showed that the collateral put up to secure the loans included the team’s patents, copyrights, trademarks, rights to use of the name "Fort Lauderdale Strikers" along with other tangible assets.

In this case, the gap lender is often the construction lender. Where the gap lender has agreed prior to construction to make the gap loan, the document that ties together the construction loan, the gap loan, and the permanent loan is the buy-sell agreement. In this agreement, a special provision is inserted providing that if the permanent lender's rent-roll holdback is not fulfilled at the time for the permanent closing, the construction lender agrees to disburse, at a concurrent closing date, funds equal to the amount withheld by the permanent lender pursuant to its commitment. These gap funds are normally evidenced by a promissory note secured by a junior mortgage subject and subordinate in all respects to the permanent loan documentation.

In March 2012, Kristin Bain of Tukwila, WA filed suit against MERS (and a subsidiary) for foreclosing on her house without even disclosing the actual owner of her mortgage. In August 2012, the Washington Supreme Court ruled with Bain, saying that MERS was not a lawful beneficiary of her deed and did not have the right to appoint trustees. The decision states: "A plain reading of the statute leads us to conclude that only the actual holder of the promissory note or other instrument evidencing the obligation may be a beneficiary with the power to appoint a trustee to proceed with a nonjudicial foreclosure on real property. Simply put, if MERS does not hold the note, it is not a lawful beneficiary".

Pennsylvania, with a history of federal tax evasion (e.g., the Whiskey Rebellion), tests federal income tax law, while New Jersey, with a history of discriminatory zoning (resulting in the controversial Mount Laurel doctrine), tests zoning and planning law. Washington, South Dakota, and New Mexico each test Indian law, because of their relatively large populations of Native Americans and large numbers of Indian reservations. Most states test knowledge of the law of negotiable instruments and secured transactions (Articles 3 and 9 of the Uniform Commercial Code), but Alaska, California, Minnesota, and Pennsylvania do not; they have recognized that the vast majority of criminal, personal injury, and family lawyers will never draft a promissory note or litigate the validity of a security interest.

On their search, black neighborhoods were completely empty and property subsequently stolen, except for the deaths of an elderly couple, and rangers did confirm that black people genuinely believed that white people were hunting them. Even with the rumor of a black uprising against whites proven false, Marsh Holley, a witness to murders and one of the reasons that the Slocum Massacre began in the first place, was put in jail as protection and denied that the promissory note was the cause of the massacre. It was said that the burial site of African Americans was on Abe Wilson's land. Some say that there were six deaths total, and the deceased were wrapped in blankets, put in pine boxes, and buried in a trench.

For example, a copyright owner can control the reproduction of the work forming the copyright. However, the intangible property forms a set of rights separate from the tangible property that carries the rights. For example, the owner of a copyright can control the printing of books containing the content, but the book itself is personal property which can be bought and sold without concern over the rights of the copyright holder. In English law and other Commonwealth legal systems, intangible property is traditionally divided in pure intangibles (such as debts, intellectual property rights and goodwill) and documentary intangibles, which obtain their character through the medium of a document (such as a bill of lading, promissory note or bill of exchange).

In 1857, he founded and organized the first pension fund for actors in Sweden, the Dramatiska och musikaliska artisternas pensionsförening ('Retirement Fund for Dramatic and Musical Artists') for retired actors and other stage artists. His initiative was prompted by his experiences as a director, as the actors of that time where normally given insufficient salaries and the acting profession was very expensive in an era when actors had to, among other things, pay for their own costumes, causing a dejecting recklessness and a miserable retirement for the majority of actors. A comment is quoted about Deland chastising his actors for financial recklessness: "You may laugh, gentlemen, but remember the promissory note!"Pierre Joseph Deland, urn:sbl:17414, Svenskt biografiskt lexikon (art av O. WlESELGREN.), hämtad 2018-07-05.

A home buyer (Home Buyer) executed a promissory note (the Note) in favor of her lending bank (Lender) for $417,000 secured under the terms of a Deed of Trust describing property in Eagle Mountain, Utah, as collateral for the debt. The Deed of Trust identified MERS as the "nominee for Lender and Lender's successors and assigns" and as the "beneficiary under this Security Instrument." In the original Note, Lender assigned its servicing rights to Citi, which at all relevant times remained the servicer of the Note and to which Home Buyer made payments. Home Buyer defaulted on the Note, and on approximately December 8, 2009, the Successor Trustee to the Deed of Trust recorded a Notice of Default and Election to Sell.

In December 1794, William told his father that he had discovered a cache of old documents belonging to an acquaintance who wanted to remain unnamed, and that one of them was a deed with a signature of Shakespeare in it. He gave the document—which he had of course made himself—to his overjoyed father, who had been looking for just that kind of signature for years. Ireland first forged a letter, that he claimed was written by Shakespeare expressing gratitude towards the Earl of Southampton for his patronage. Ireland went on to make more findings—a promissory note, a written declaration of Protestant faith, letters to Anne Hathaway (with a lock of hair attached), and to Queen Elizabeth—all supposedly in Shakespeare's hand.

Incorporeal property, whether movable or immovable, may also be attached. Such property may take the form of a lease, a bill of exchange, a promissory note, a bond or other security for the payment of money. It may also take the form of an interest in a partnership, shares in a company, or a member's interest in a close corporation. Any debts which are owed or accruing from a third person to the judgment debtor may be attached and executed upon by way of a garnishee order. In terms of such an order, the third person, known as the “garnishee,” will be ordered to pay the debt, or part thereof, to the judgment creditor, rather than to the judgment debtor.

Default dramatizes the behind-the-scenes story of the IMF negotiations that took place during the financial crisis in 1997 through three parallel stories. Factory owner Gap-su (Huh Joon-ho) wins a contract to supply metal bowls to a big department store, but the store pays him with a promissory note — and so by accepting it, Gap-su unknowingly exposes himself to the risk that his customer won’t be able to pay him. This backfires when the department store goes bankrupt, leaving Gap-su without the funds to pay his suppliers. Meanwhile, a young financial analyst named Jung-hak (Yoo Ah-in) hears stories on the radio about families in distress — particularly those selling their homes below market price to pay bills resulting from small business bankruptcies.

In the United States, a mortgage note (also known as a real estate lien note, borrower's note) is a promissory note secured by a specified mortgage loan. Mortgage notes are a written promise to repay a specified sum of money plus interest at a specified rate and length of time to fulfill the promise. While the mortgage deed or contract itself hypothecates or imposes a lien on the title to real property as security for a loan, the mortgage note states the amount of debt and the rate of interest, and obligates the borrower, who signs the note, personally responsible for repayment. In foreclosure proceedings in certain jurisdictions, borrowers may require the foreclosing party to produce the note as evidence that they are the true owners of the debt.

A Mefo bill (sometimes written as MEFO bill), named after the company Metallurgische Forschungsgesellschaft (Metallurgical Research Corporation), was a promissory note used for a system of deferred payment to finance the Nazi German government's programme of rearmament, devised by the German Central Bank President, Hjalmar Schacht, in 1934. Mefo bills followed the scheme for which the Öffa bills were the blueprint. As Germany was rearming against the terms of the Treaty of Versailles, they needed a way to fund rearming without leaving a paper trail; Schacht created this system as a temporary method to fund rearming with only one million Reichsmarks in capital. Schacht later said that the device "enabled the Reichsbank to lend by a subterfuge to the Government what it normally or legally could not do".

Rädlers mood could be nasty and belligerent, and when not writing he often harangued fellow patients with lengthy philosophical discourses. He often signed his watercolors “The Laughing Philosopher,” believing himself to be a great thinker and a great artist. He frequently marked his work with exorbitant prices, although was prepared to sell for considerably less, on the condition that a promissory note for the balance was signed by the buyer. This is perhaps evidence of delusional megalomania. The hospital records however, do not speak highly of his paintings, saying they were “mannered, wooden, spiritless.” It appears his family shared the view of the hospital staff, as despite one of his sons apparently becoming an artist, there is no record of them having shown an interest in his work at the time.

These notes are seen as a predecessor to regular banknotes by some but are mainly thought of as proto bills of exchange and cheques.De Geschiedenis van het Geld (the History of Money), 1992, Teleac, page 96 The term "bank note" comes from the notes of the bank ("nota di banco") and dates from the 14th century; it originally recognized the right of the holder of the note to collect the precious metal (usually gold or silver) deposited with a banker (via a currency account). In the 14th century, it was used in every part of Europe and in Italian city-state merchants colonies outside of Europe. For international payments, the more efficient and sophisticated bill of exchange ("lettera di cambio"), that is, a promissory note based on a virtual currency account (usually a coin no longer physically existing), was used more often.

He advised her to retain the services of his firm's legal counsel, David Helfant on a professional basis. Edsel and Helfant told Poe that she could expect a settlement from FEI or Atlantic within a few months, and advised her to sever her relationship with her management firm and her accounting firm in order to avoid sharing a portion of her settlement. Poe understood that Edsel took over her business management, who over a year lent Poe $200,000 for living costs, professional expenses and repayment of debts, with a signed promissory note which indicated that if there was a default her current and future works would be eligible to be used for repayment. A settlement with Atlantic was never obtained, Poe's new management through Edsel and colleagues did not secure paying work, and the loan was defaulted upon.

Truman did not pay off the last of the debts from that venture until 1935, when he did so with the aid of banker William T. Kemper, who worked behind the scenes to enable Truman's brother Vivian to buy Truman's $5,600 promissory note during the asset sale of a bank that had failed in the Great Depression. The note had risen and fallen in value as it was bought and sold, interest accumulated and Truman made payments, so by the time the last bank to hold it failed, it was worth nearly $9,000. Thanks to Kemper's efforts, Vivian Truman was able to buy it for $1,000. Jacobson and Truman remained close friends even after their store failed, and Jacobson's advice to Truman on Zionism later played a role in the U.S. Government's decision to recognize Israel.

In early September 1907, demands by creditors forced the Klamath Lakes Navigation Company into receivership. W.R. "Bill" Davis agreed to pay off the company’s debts, then about $10,000, and as security he was given a second mortgage against the company’s assets and was given control of the company. On November 27, 1908, Klamath was mortgaged to the Ladd and Tilton bank, and William R. Davis, to secure the payment of a promissory note in the amount of $8,100 payable to the bank, due in one year, with annual interest of 8%, executed by the Klamath Lake Navigation Company in favor of the bank on November 12, and a similar note, executed in favor of William R. Davis, in the amount of $5,000. The company fell behind in its payments on the debt to the bank and Davis.

The operation became very controversial, as it basically shifted Anglo's private debts onto the government's balance sheet. It became clear later that the ECB played a key role in making sure the Irish government did not let Anglo default on its debts, in order to avoid a financial instability risks. On 15 October and 6 November 2010, the ECB President Jean-Claude Trichet sent two secret letters to the Irish finance Minister which essentially informed the Irish government of the possible suspension of ELA's credit lines, unless the government requested a financial assistance programme to the Eurogroup under condition of further reforms and fiscal consolidation. Over 2012 and 2013, the ECB repeatedly insisted that the promissory note should be repaid in full, and refused the Government's proposal to swap the notes with a long-term (and less costly) bond until February 2013.

The case involved a homeowner (Henrietta Eaton) who lost her house in Massachusetts via a foreclosure sale after defaulting on her mortgage. Eaton then filed a suit against Fannie Mae in Massachusetts Superior Court alleging that the record holder of the mortgage did not also hold the promissory note at the time of foreclosure. Due to this alleged lack of unity at the time of sale, Eaton was alleging that property title was invalid. In its opinion, the S.J.C. asserted that although the statutes and case law from the nineteenth century implied that the mortgagee should also hold the note at time of sale, the court would not apply the requirement of unity retroactively to June 22, 2012, but only prospectively from that date because the law was "ambiguous" and a retroactive application would have voided thousands of titles.

The precision timing technique of "working the gap" between the recording of a deed & its subsequent appearance in the recorder of deeds database is instrumental in propagating the perpetrator's deception. A title search done by any lender immediately prior to the respective loan, promissory note, & deed recording would thus erroneously fail to show the alternate liens concurrently in the queue. The goal of the perpetrator is the theft of funds from each lender by deceit, with all lenders simultaneously & erroneously believing their respective Deeds of Trust to be senior in position, when in actuality there can be only one. White-collar criminals who utilize this technique will frequently claim innocence based on clerical errors, bad record keeping, or other smokescreen excuses in an attempt to obfuscate the true coordination & intent inherent in this version of mortgage fraud.

Li Chenggong (Xu Zheng) is a wealthy and arrogant businessman who treats his employees poorly and has a secret mistress, Manni (Li Man). Although his mistress wants him to spend Chinese New Year with her in Shijiazhuang, Li feels obligated to return to his hometown Changsha to celebrate Chinese New Year with his wife Meili (Zuo Xiaoqing), daughter, and mother. Arriving at the crowded airport, Li finds he has been mistakenly booked in the economy class and sits next to the first- time flyer Niu Geng (Wang Baoqiang), a naïve and gullible migrant worker who works as a milk extraction technician. Niu is also setting out to Changsha to claim his defaulted wages from "his boss' debtor" with a (questionable) promissory note given to him by his boss. As Li and Niu’s lives crosses paths, the two embark in a chaotic journey together.

The acceptance of symbolic forms of money meant that a symbol could be used to represent something of value that was available in physical storage somewhere else in space, such as grain in the warehouse; or something of value that would be available later, such as a promissory note or bill of exchange, a document ordering someone to pay a certain sum of money to another on a specific date or when certain conditions have been fulfilled. In the 12th century, the English monarchy introduced an early version of the bill of exchange in the form of a notched piece of wood known as a tally stick. Tallies originally came into use at a time when paper was rare and costly, but their use persisted until the early 19th century, even after paper money had become prevalent. The notches denoted various amounts of taxes payable to the Crown.

Alumni Memorial Hall, first floor blueprint Alumni Memorial Hall was originally conceived in 1864 as a way to honor the University of Michigan students, faculty, and alumni who had died fighting in the Civil War. However, the project was put on hold until 1904, when a committee of Michigan alumni and professors, led by Professor Martin Luther D'Ooge and Judge Claudius B. Grant, secured a promissory note from the Board of Regents for the land the hall would eventually be built on. 310x310px With the land set aside, the Board of Regents created a committee to work in parallel with the Alumni Memorial Committee in 1905, and by the end of the year had awarded the project to the Detroit architecture firm Donaldson and Meier at the cost of $175,000. The hall's cornerstone was laid by Judge Grant and construction began in June 1908.

In the United States, U.S. individuals "evacuated on US government-coordinated transport, including charter and military flights or ships, even if those transports are provided by another country's government, must sign an Evacuee Manifest and Promissory Note (Form DS-5528) note prior to departure." This note is used as a reference, which is later used to issue a bill to these evacuees for the maximum practical reimbursement. Evacuees taking coordinated U.S. government transportation are required by law to pay the cost of reasonable commercial transport fare to the destination that was designated prior to the incident that resulted in the need for evacuation. There is an option for a repatriation loan program, which is issued by the Secretary of State in regards to 11 different requirements, including requiring a verifiable address and social security number and a written agreement with a repayment schedule from the borrower.

Between 1800 and 1801, the family Moraes e Castro (or Morais e Castro in its modern version) moved to the location, bringing to the location not only their coat-of-arms, but also a nickname to the site associated with them: the Carrancas, which means scowls/frowns. During the course of the Peninsular Wars, in 1808, the building became the official residence of the Corregedor-mor Tamboreau and General Marquez de Valladares, and in the following year (1809) the residences of General Soult and, later, headquarters of General Wellesley. Similarly, it was the residence of General Beresford following the Peninsular Warm, and during the Siege of Porto (1832), King Peter IV used the palace as his headquarters for four months. In 1861, though, there was a promissory note to sell the palace by D. Pedro V. A velodrome was located in the lands of the palace in 1894.

A loan note is a type of financial instrument; it is a contract for a loan that specifies when the loan must be repaid and usually also the interest payable. It is similar to a promissory note but the differences can be significant in terms of consequences, especially tax consequences. Chief of these is that by specifying the interest payable, the lender may obtain a tax shield. Loan notes are simple but important instruments in business and finance. A loan note can also be conceived of as a form of deferred payment, and in the UK the tax treatment of loan notes is as either ‘qualifying corporate bonds’ (QCBs), which provide a tax shield, or as ‘non-qualifying corporate bonds’ (non-QCBs) Loan notes may contain other provisions such as convertibility into equity or other kinds of debt, in which case they are called "convertible loan notes".

For much of the 18th century and until 1815, the main complaints about prize money concerned delays in its payment and practices that deprived ordinary seamen of much of what was due to them. Although the incidence of captains selling captured ships abroad and defrauding crews of prize money reduced greatly in the course of the century, payment was often by way of a promissory note, or ticket to be paid when the relevant naval department had funds. Although officers could generally afford to wait for payment, which was often made only in London and sometimes in instalments that might stretch over several years, most seamen sold their promissory notes at a large discount. Bromley 474-476 Other seamen authorised another individual to collect their prize money, who did not always pass it on, or lost out when they transferred to a new ship, if their prize money were not forwarded.

On 15 October 2013, he delivered the budget for 2014. Following improvements in Ireland's unemployment rate and outlook for growth, the securing of the February 2013 Anglo Irish Bank promissory note deal with the ECB, and Ireland's exit from the EU/IMF/ECB bailout programme and successful return to the bond markets, Noonan was named Europe's best Finance Minister for the previous year in January 2014 by the Financial Times- owned magazine The Banker. When the European Central Bank raised the limit on the amount of emergency liquidity assistance (ELA) available to Greek banks by about €2 billion at the height of the country's government-debt crisis in June 2015, Noonan joined his German counterpart Wolfgang Schäuble in arguing forcefully for limits on the amount of ELA approved by the central bank unless capital controls were introduced.Peter Spiegel, Anne-Sylvaine Chassany and Claire Jones (23 June 2015), Concessions from Athens keep hopes of Greece bailout deal alive Financial Times.

Unless a loan is reconstituted onto the balance sheet of an original lender, the retail-to-consumer relationship between the borrower and his bank is changed to a relationship that is between the original customer and a sophisticated accredited investor for whom the bank Servicer acts as a front. An RMBS is often confusingly yet correctly referred to as a "bond-like" financial investment as a RMBS can be portrayed to have similar characteristics, including a "principal investment" and a "yield"; the "principal investment," however, does not represent the purchase of an individual promissory note issued by a homeowner, but rather represents the payment of "principal" for the right to receive cash flow from an investment agreement that involves many other understandings. Likewise, the "yield" is only the calculation of an imputed interest yield that stems from the receipt of the cashflows. The RMBS market represents the largest source of funding of residential mortgage loans to US homeowners (see below).

The Complaint alleges that, from June 2009 through at least September 2010, the defendants raised approximately $5.6 million from 74 investors who invested in promissory notes issued by an Isle of Man company. Although investors were told that their money would be used to repay certain debts of the issuer's parent company, and thereby release assets that would be used to secure their promissory note obligations, the Complaint alleges that nearly all of the offering proceeds were transferred to BIG and its subsidiaries. According to the Complaint, in addition to misrepresenting the manner in which the offering proceeds would be used, the defendants failed to tell investors that BIG and its subsidiaries were in a precarious financial state. In addition to sustaining substantial operating losses from the inception of the offering through the present, BIG had failed to make required interest payments to investors by July 1, 2010, and had failed to meet its own payroll obligations by August 2010.

However, the promissory note for the gap loan should be predicated on the possibility that the rent-roll requirement may not be met, and the terms should include a period of four to five years beyond the rent- roll requirement period, with a high enough interest rate to prompt the developer to refinance whenever it becomes feasible to do so. With regard to principal amortization, some gap lenders require none, while others require either partial amortization or amortization to the extent that there is net cash flow to be derived from the project. Because of its prior position as construction lender, the gap lender usually has sufficient leverage with the permanent lender to receive adequate notice provisions and a right-to-cure period from the permanent lender. Gap financing can also be used in purchase/rehab lending to fill the "gap" between the borrower's down payment, and the amount lent by the 1st lien holder, or rehab lender.

IHT was founded by James Frank Wirth in 1971. That same year, the company became a public company via an initial public offering. In 1999, the company moved its shares from the New York Stock Exchange to the American Stock Exchange. In September 2000, the company acquired the Albuquerque Best Western Airport Inn. In 2004, the company sold the 160-unit InnSuites Hotels & Suites Tempe-Phoenix for $6.8 million to an affiliate of James Wirth, the founder, and sold a 131-unit hotel in San Diego for $9.7 million. In November 2013, the company announced a partnership with Roomer. In November 2014, the company purchased the ground under its InnSuites Hotel & Suites Catalina Foothills Best Western property for $2.5 million. On June 2, 2017, the company sold the InnSuites Ontario California Hotel and Suites property for $17.5 million and repaid debt of $7.2 million. In August 2018, the company sold IBC Hotels to OBASA Capital Investments for $250,000 and a promissory note in the amount of $2,750,000 with interest to be accrued at 3.75%.

On 16 May 2012, Noonan caused controversy with his Greek "holidays" and "feta cheese" comment at a breakfast briefing with Bloomberg news agency. Noonan said these were the only links between Ireland and Greece. He attended the 2012 Bilderberg Conference in his capacity of Minister for Finance at Chantilly, Virginia, from 31 May-3 June 2012. On 5 December 2012, he delivered his second budget as Minister for Finance, which included a new property tax to be introduced in 2013. In February 2013, a deal was reached with the European Central Bank (ECB) in relation to the promissory note used to bail out the former Anglo Irish Bank. Noonan said that the government had achieved its objectives in the negotiations with the ECB, and that the arrangement meant that there would be €1bn less taken from them in terms of taxes and spending cuts up to 2015. Noonan said that the government did not ask for a write down on the Anglo Irish debt during negotiations with the ECB as "the ECB does not do write downs".

A reduced amount of $20 million was awarded to the Falcons in binding legal arbitration, which Vick disputed. The sides agreed to reduce the amount to between $6.5 and $7.5 million. The bankruptcy court was advised of this Vick-Falcons settlement agreement on April 3, 2009. On September 20, 2007, the Royal Bank of Canada filed a civil lawsuit in the U.S. District Court in Newport News against Vick for more than $2.3 million over a loan tied to real estate. The suit claimed Vick failed to meet a September 10 deadline to repay. On May 7, 2008, the court granted a motion for summary judgment against Vick for default and breach of a promissory note and ordered him to pay the bank more than $2.5 million. On September 26, 2007, 1st Source Bank, based in South Bend, Indiana, claimed damages of at least $2 million in a federal lawsuit, alleging Vick and Divine Seven LLC of Atlanta refused to pay for at least 130 vehicles acquired to be used as rental cars.

The debenture was to be repaid in ten consecutive annual installments, with interest not exceeding eight percent, was used to build a single-room wooden schoolhouse. While the lower grades were moved into the new schoolhouse, high school classes continued to be held in Dumouchel's Hall. On June 6, 1921, the school district was authorized to borrow $13,000 for the construction of a two-room brick schoolhouse, which was constructed shortly thereafter, and all grades moved into the new building. The Great Depression of the 1930s caused significant hardships for the school district and the teachers. In 1931, salaries were lowered across the board. The principal's salary was reduced from $1,600 per year to $1,200 per year, and a teacher's salary was reduced from $1,000 per year to $900 per year. In 1933, wages were further reduced when the school district decided to only pay half-wages, while the other half was given in the form of a promissory note to be redeemed by the district "when times returned to normal".

The Cray-3 was originally slated for delivery in 1991. This was during a time when the supercomputer market was rapidly shrinking from 50% annual growth in 1980, to 10% in 1988. At the same time, Cray Research was also working on the Y-MP, a faster multi-processor version of the system architecture tracing its ancestry to the original Cray-1. In order to focus the Y-MP and Cray-3 groups, and with Cray's personal support, the Cray-3 project moved to a new research center in Colorado Springs. By 1989, the Y-MP was starting deliveries, and the main CRI lab in Chippewa Falls, Wisconsin, moved on to the C90, a further improvement in the Y-MP series. With only 25 Cray-2s sold, management decided that the Cray-3 should be put on "low priority" development. In November 1988, the Colorado Springs lab was spun off as Cray Computer Corporation (CCC), with CRI retaining 10% of the new company's stock and providing an $85 million promissory note to fund development. Cray himself was not a shareholder in the new company, and worked under contract.

Logo of IBRC On the night of 6–7 February 2013, the Irish Bank Resolution Corporation (IBRC) was dramatically liquidated after the Fine Gael/Labour coalition passed emergency overnight legislation through the Oireachtas while President Michael D. Higgins was flown home from the three-day official visit to Italy upon which he had embarked that very morning. This was the night before the Irish Supreme Court was due to hear an appeal by a Dublin business man, David Hall, against the High Court's ruling that he did not have the standing or locus standi to challenge the legality of the €3.06 billion promissory note payment that was due at the end of March. Hall's original argument before the High Court was that the payment of the €31 billion in promissory notes in respect of the now defunct Anglo Irish Bank was illegal as their issuing in 2010 was not approved by a Dáil vote. Every IBRC employee had their employment terminated with immediate effect, with many learning of this as it was announced on national television station TV3. Dáil Éireann was called into session for 22:30 on 6 February 2013.