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Lloyd’s Bonds

A Dictionary of Law · Henry Campbell Black · 1891

A Dictionary of Law

The name of aclass of evidences of debt, usedin England; being acknowledgments, by a borrowing company made under its seal, of « debt incurred and actually due by the company to a contractor or other person for work done, goods supplied, or otherwise, as the case may ve, with a covenant for payment of the principal and interest at a future time.

Brown.