Renewal
Dictionary of Terms and Phrases Used in American or English Jurisprudence · Benjamin Vaughan Abbott · 1879
Dictionary of Terms and Phrases Used in American or English Jurisprudence
Substitution of a new obligation or right, of the same nature, for an old one. Thus the renewal of alease is giving a lease embodying substantially the same terms and conditions, to commence from expiration of a previous lease; renewal of a note is making a note of the same tenor, but due at a postponed date; renewal of a patent is a new patent issued upon surrender of an original, but with modifications designed to cure defect, error, or excess in the specification or claim in the original. An assignment of letters-patent, or any renewal thereof, may include an extension of the patent.
Pitts v. Hall, 3 Blaichf. 201; Goodyear v. Gary, 4 Id. 271, 303.
Eenewal is not predicable where a note, payable in United States currency, is given for an amount agreed upon at a settlement made after the late war, and adjusting the equities of a previous confederate contract.
Greene v. Lowry, 46 Ga. 55.