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Simple bond

Ballentine's Law Dictionary · James A. Ballentine · 1916

Ballentine's Law Dictionary

An obligation whereby the obligor bound his heirs, executors and administrators to pay a certain sum of money to a named obligee on demand or on a day certain.

See 170 Mo. 531, 62 ' L. R. A. 427, 71 S. W. 337.