Laws, c
A Dictionary of Law · William C. Anderson · 1889
A Dictionary of Law
148; and on March 5, three commissioners were appointed by the governor, County commissioners.
See County.
3.
Compensation for services rendered. The plural, commissions, is often used. A percentage on price or value.! A sum allowed as compensation to a servant, factor, or agent, who manages the aflfairs of another, in recompense for his services.^ "Commission" generally signifies a percentage upon the amount of money involved in the transaction, as distinguished from "discount," which is a percentage taken from the face value of the secinnty or property negotiated.^ A reasonable commission is allowed to administrar tors, assignees, auctioneers, brokers, executors, receivers, and other agents or trustees, qq. v. But the service must be completed, and due care and skill and perfect fidelity have been employed. The amoimt is a reasonable percentage upon the sum received or paid out, and is regulated by custom, or by the discretion of the appointing authority.
Commission merchant
A factor, g. v.