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judgement_n administrator_n execution_n executor_n 1,786 5 10.6402 5 false
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ID Title Author Corrected Date of Publication (TCP Date of Publication) STC Words Pages
A64859 The compleat comptinghouse, or, The young lad taken from the writing school and fully instructed by way of dialogue in all the mysteries of a merchant from his first understanding of plain arithmetick, to the highest pitch of trade whereby the master is saved much labour and lad is led by the hand to all his work and business : which to youth is accouted troublesome but will here seem pleasant : a work very necessary for all that are concerned in keeping accompts of what quality soever / by John Vernon. Vernon, John. 1678 (1678) Wing V249; ESTC R3623 95,284 266

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s. it is a Composition And suppose your Master's Debtor for the Cloth did owe him l. 100 if your Master took any Sum under l. 100 and did discharge him it was a Composition Yo. What is a Composition generally made at Mr. From 5 s. to 15 s. is lookt upon to be a good Composition and in giving for every 20 s. 5 s c. per l. the Man is discharged and hath a Release in full and is in Law as well discharged as if he paid the entire Debt of l. 100. Yo. Pray what is meant by a General Release is not a Recept sufficient enough Mr. No in such cases General Releases are given on both sides because all matters are then ended betwixt Man and Man Yo. Pray let me know what is meant by a General Release and what it is Mr. A General Release is as follows which must be signed sealed and delivered before two Witnesses at least Yo. What mean you by Signing Sealing c Mr. Signing is when the Man writes his Name to it and Sealing is when he puts his Seal to it with Wax or Wafer and Delivering is when he takes that Writing up in his right hand and takes off the Seal and says these words This I deliver as my Act and Deed to the use of the Parties within mentioned Yo. What then must these two Men do that sit by for Witnesses Mr. They must see this done and then set their Hands as Witnesses unto it Yo. Pray let me see one of them done Mr. It is thus KNow all Men by these presents that I J. J. of London Merchant have remised released and for ever quit claim and by these presents do for me my Heirs Executors and Administrators remit release and for ever quite claim unto J. M. Citizen and Draper his Heirs Executors and Administrators all and all manner of Actions Suits Bills Bonds Writings Obligatory Debts Dues Duties Accompts Sum and Sums of Mony Judgments Executions Extents Quarrels Controversies Trespasses Dammages and Demands whatsoever both in Law and Equity or otherwise however which against the said J. M. I ever had now have or which I my Heirs Executors and Administrators shall or may have claim challenge or demand for or by reason of any Matter Cause or Thing from the beginning of the World unto the day of the date of these Presents In Witness whereof I have hereunto put my Hand and Seal this first day of June in the 29th Year of the Reign of our Sovereign Lord King Charles the Second of England Scotland France and Ireland Defender of the Faith c. and the Year of our Lord God 1677. J. J. ☉ Sealed and delivered in presence of J. D. E. F. ☞ Here note It is very convenient to write underneath where your Witnesses live for many Causes have been lost because the Surviver could never find out who were the Witnesses or where any of them lived Yo. For the second when he pays part in Mony and part in Security how is this done Mr. It is done in this manner The Debtor absents and offers to give you 10 s. in the pound in Mony and 10 s. upon Security Yo. I know what the Mony means but I do not know what you mean by Security pray let me know that Mr. Security is to be understood two ways either Personal or Real if Personal then another Man is bound with the Party that is the Debtor to pay the Mony at a certain day if the Debtor do not If it be Real then it is the making over some Land Lease House or Goods by a Deed for that purpose Yo. Well Suppose this Man for this l. 100 give me 10 s. per pound in ready Mony and 5 s. upon Personal Security Mr. J. A. is bound for it and 5 s. in the Mortgage of some Land or Houses c. What must I then do how must it be ended Pray Sir let me see an Example of it Mr. The Man owes l. 100. For the Mony you receive 10 s. in the pound is l. 50. For the Bond you make it thus KNow all Men by these Presents That we J. A. and A. B. Citizens and Salters do owe and are bound unto J. J. Citizen and Joyner the full sum of fifty pounds of lawful Mony of England to be paid to the said J. J. his certain Attorney Executors Administrators or Assigns To which payment well and truly to be made we bind our selves our Heirs Executors and Administrators firmly by these Presents Dated the 20 July in the 29th Year of the Reign of our Sovereign Lord King Charles the Second Anno 1677. THe Condition of this Obligation is such That if the above-bounden J. A. and A. B. their Heirs Executors Administrators or Assigns or either of them do well and truly pay or cause to be paid unto the within-named J. J. his Heirs Executors Administrators or Assigns the just and full sum of five and twenty pounds of lawful Mony of England at or upon the 20th of July next ensuing the Date hereof at the now dwelling House of the said J. J. situate in Cornhil London then this Obligation to be void or else to remain in full force and virtue Sealed and delivered in presence of J. A. + A. B. ☉ J. P. P. C. Thus much for the Mony and the Security But for the next the Mortgage c. the best way is to get an experienced Scrivener to make those things sufficient for every Man in his Trade You may be much wronged if you should build on your own Judgment for that matter And you have received The Mony l. 50 0 0 The Bond l. 25 0 0 The Mortgage l. 25 0 0   l. 100 0 0 You discharge the Debtor that is if he pays you the full of your Debt The same is done if you agree to take less than the Debt for the whole Debt in this manner Yo. But what must I do when I come to take Part at Time and that with Security and Part without Security Mr. Suppose the Debtor owes l. 100 and he pays l. 50 at 1 Year at Security Make a Bond for it as the last was and for the other l. 50 make a Bond for him only to Seal and Sign because it is without Security Yo. How must that Bond be made Mr. Just as the former was made only as that had two Men bound this has but one and is as follows KNow all Men by these Presents That I A. B. Citizen and Joyner do owe and am indebted unto J. J. Citizen and Salter the just and full sum of one hundred pounds to be paid to the said J. J. his certain Attorny Executors Administrators or Assigns To the which payment well and truly to be made I bind me my Heirs Executors and Administrators firmly by these Presents In witness whereof I have hereunto set my Hand and Seal Dated in London 20 July in the 29th Year of the Reign of our Soveraign Lord King Charles the