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Expiration

Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914

Bouvier's Law Dictionary and Concise Encyclopedia

Cessation; end: as, the expiration of a lease, of a contract or statute. In general, the expiration of a contract puts an end to all the engagements of the parties, but not to the obligations which arise from the non-fulfilment of obligations created during its existence. See Paetneeship; Contbact. The term is specially used to denote the day upon which the risk of an insurance policy terminates. When before the expiration of policies the companies agreed to "hold" the policies for renewal, and after the expiration the agent of the insured told them to continue to hold them until the form could be arranged, the policies were held to be in force; Baker v. Assur. Co., 1G2 Mass. 358, 38 N. • E. 1124. Temporary insurance from one day "until" a certain other date, includes all o£ the day of expiration; Thompson v. Ins. Co., 4 Pa. Dist. R. 382. See Insurance. When a statute is limited as to time, it expires by mere lapse of time, and then it has no force whatever; and, if such a statute repealed or supplied a former statute. the first statute is, ipso facto, revived by the expiration of the repealing statute; Collins v. Smith, G Whart. (Pa.) 294, 36 Am. Dec. 22S; unless it appear that such was not the intention of the legislature; 3 East 212; Bacon. Abr. Statute (D). which the subject of an adjudication may be redeemed on payment of the debt adj for.

Bell, Diet; 3 Jurid. Styles,:;d ed. lluT.

EXPLICATIO (Lat.). In Civil Law. The fourth pleading; equivalent to the sur-rejoiuder of the common law. Calvinus, Lex.