Call

An official declaration by the proper corporate authorities that the whole or a specified part of the subscriptions to the capital stock is required to be paid. 156 111. App. 519. A call is an offer to sell property for is left open a certain length of time. 126 111. App. 186. The word "call," as used by those dealing in commodities for future delivery, is the privilege of calling for or not calling for the thing bought. 160 111. 97. In Conveyancing. The designation In a survey of landmarks, courses, or distances is denominated a "call." In Corporation Law. A demand or assessment by the corporation on the stockholders due on their stock for the purposes of the corporation. In the Parlance of Stock and Grain Exchanges. An option to purchase stock or grain from another on a certain day at a given price. The opposite transaction to a "put" (q. V.)

An agreement to sell. Treat v. White, 181 U. S. 264, 21 Sup. Ct. 611, 45 L. Ed. 853. It is within the War Revenue Act of June 13, 1898, requiring a revenue stamp on all sales or agreements to sell or memoranda of sale or deliveries or transfers of stock; id.

n. 1.

In English law. The election of students to the degree of barrister at law, hence the coremony or epoch of election, and the number of persens elected. 2. In conveyancing. A visible natural object or landmark designated in a patent, entry, grant, or other conveyance of lands, as a limit or boimdary to the land described, with which the points of surveying must correspond. Also the courses and distances designated. King v. Watkins (C. C.) 98 Fed. 922; Stockton v. Morris, 39 W. Va. 432, 19 S. El 531. 3.

In corporation law. A demand made by the directors of a stock company upon the persons who have subscribsd for shares, requiring a certain portion or installment of the amount subscribed to be paid in. The word, in this sense, in synonymous with "assessment," (q. v.) A call is an assessment on shares of stock, usually for unpaid installments of the subscription thereto. The word is said to be capable of thrce meanings:
(1) The resolution of the directors to levy the assessment;
(2) its notification to the persens liable to pay;
(3) the time when it becomes payable. Railway Co. v. Mitchell, 4 Exch. 543; Hatch v. Dana, 101 U. S. 205, 25 L. Ed. 885; Rallroad Ch v. Spreckles, 65 Cal. 193, 3 Pac. 661, 802; Stewart v. Pub. Co., 1 Wash. St. 521, 20 Pac. 605. 4. In the language of the stock exchange, a "call" is an option to claim stock at a fixed price on a certain day. White v. Treat (C. Ct) 100 Fed. 290; Lumber Co., v. Whitebreast Coal Co., 160 111. 85, 43 N. E. 774, 31 In R. A. 529.

A demand upon subscribers payment on account of their In American land law. A designation ible natural object as a limit locative call; a designation of eral call.

1.

In English law. The election of students to the degree of barrister at law, hence the ceremony or epoch of election, and the number of persons elected. 2. In conveyancing. A visible natural object or landmark designated in a patent, entry, grant, or other conveyance of lands, with which the boundaries are required to correspond. Also the courses and distances designated. 3.

In corporation law. A demand made by the directors of a stock company upon the persons who have subscribed for shares, requiring a certain portion or installment of the amount subscribed to be paid in. The word, in this sense, is synonymous with "assessment," (q. v.) A call is an assessment on shares of stock, usually for unpaid installments of the subscription thereto. The word is said to be capable of three meanings: (1) The resolution of the directors to levy the assessment; (2) its notification to the persons liable to pay; (3) the time when it becomes payable. 4 Exch. 543. 4. In the language of the stock exchange, a "call" is an option to claim stock at a fixed price on a certain day. Dos Passos, Stock-Brok. 70.

1, V, (1) To require a prisoner to present himself and answer the indictment, in the immediate presence of the court, is to call him to or before the bar.* See Arraign. (3) To admit to the rights and privileges of a practitioner of law is to call a studentat-law to the bar. In England, _" call-day" is the day in each term when those who have been students are admitted to practice law. Call a case. For a judge to announce that a cause is about to be placed on a particular list, or to proclaim that a cause on 1 Babbitt v. United States, 16 Ct. CI. 203, 215-17 (1880). See United States v. Morton, 112 U. S. 1, 3 (1884). As to cadet-engineers, see also United States v. Redgraye, 116 id. 474 (1886); United States v. Perkins, ih. 483 (1886). a Rives V. Guthi-ie, 1 Jones L. 86-87 (N. C, 1853), Nash, C. J. such list may now be determined by a trial by a jury or by argument before the court. Call a list or docket. To inquire publicly in open court as to what causes on a list are ready for trial; also, to call for trial or argument certain causes already set or fixed for such determination.! Whence, m the practice of some courts, the " first," the " second," and perhaps the " third " call of a case or list; also "the call." Call a jury. To draw the names of persons to serve as a jury, out of the names of all of those who have been summoned as jurors. Call a party. To call aloud his name in open court, and to command him to appear in order to perform some duty. Call the plaintiflF. At common law, when counsel for the plaintiff perceives that his client has not made out a case, the client may withdraw from the court room: whereupon the crier is required to call the plaintiff. If he does not answer the call (made thrice in succession), judgment of nonsuit is entered. ^ The nonsuit is more eligible for the plaintiff than a verdict against him.^ Call a witness. To call his name aloud in, and perhaps about, the room of the court at which he has been subpoenaed to appear, before an attachment issues for disobedience. Also, to present a witness for examination in a trial or hearing then in progress. Hecalling a witness, who has been once examined and dismissed. Is a matter almost wholly within the discretion of the trial court.* See Produce, 1. 2, n. (1) A notice or demand by the directors of a stock corporation upon a subscriber to pay money on account of his shares. The word may refer to the resolution, its notification, or the time when it becomes payable. < A court of equity may enforce payment of stock subscriptions though there have been no calls for them by the company... Subscriptions are in the nature of a fund for the payment of debts, and calls may be made whenever funds are needed for such payment... A formal call need not be made before a bill in equity is filed: filing the bill is equivalent to a, call.' See Put, 3; Stock, 3 (3). •See Blanchard v. Ferdinand, 132 Mass. 391 (1882). 2 [3 Bl. Com. 376. 'Keating v. Brown, 30 Minn. 10 (If 3 3). 'Ambergate, &o. E. Co. u. Mitchell, 4 Ex. E. *543 (1849), Parke, B. (2) A designation of the limit of a boundary. A "locative call" refers to a physical object rather than to a course or distance. See further Botjndaey.

To call, in land law, is to require a point of surveying to correspond with some natural object. Such objects, or bases of are termed the calls. Calling the plaintiff: a formal fected by his nonappearance at the call of the crier. Calling to the bar: the making a student barrister at law.

In American land law. The requirement of a natural object, as a tree or stream, to correspond with a description or map 'in a survey, patent or grant of land; the designation of a natural object as a landmark or boundary in patents, grants and surveys. Thus, a survey is said to " call for, as the place of beginning, a black oak on the state line." 2 Binn€y*s JR. 169. 2 Penn, St. JR. 44. A grant is said to " call for two small chestnut oaks," " to call for a comer," &c. 3 Peters' B. 92'--9S. "The grant calls to be on the waters of Tygart valley." Marshall, C. J., Id. ibid. These are otherwise termed locative calls, (q. v.) The location. and boundaries of a tract, as surveyed, must be according to the calls of the grant. See 5 Howard's E. 10. 10 Wheaton's B. 464.