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him only so much of this as will make good to C D all the loss he has sustained by E F's misconduct. As the obligee can recover from the obligor only actual compensation for what he loses, it is usual, in practice, to make the penal sum in the bond large enough to cover all the loss that can happen.
There need be no "consideration," alleged or asserted in the bond, or proved, because, in the language of the law, the seal is (or implies) a consideration.
The following forms are those of bonds frequently given; and it will be easy to frame from some one of them any bond that is wanted for other purposes.
A Simple Bond, without Condition.
Know all Men by these Presents, That I held and firmly bound unto
(the obligor) am
(the obligee) in the sum of lawful money of the United States of America, to be paid or his certain attorney,
to the said
to which payment
well and truly to be made, I bind myself, my heirs,
Bond for Payment of Money, with a Condition to that Effect, with Power of Attorney to confess Judgment annexed.
Know all Men by these Presents. That
and firmly bound unto
in the sum of
lawful money of the United States of America, to be paid to the said
or his certain attorney, executors, administrators, or assigns: to which payment well and truly to be made,
firmly by these presents. Sealed
in the year of our Lord one thousand nine hundred and
The Condition of this Obligation is such, That if the above bounden heirs, executors, administrators, or any of them
shall and do well and truly pay, or cause to be paid, unto the above-named certain attorney, executors, administrators, or
assigns, the just sum of dollars,
without any fraud or further delay, then the above obligation to be void, or else to be and remain in full force and virtue.
Sealed and Delivered in the Presence of
• Esq., Attorney of the Court of Common Pleas, at
, or to any
in the County of other Attorney of the said Court, or of any other Court, there or elsewhere. Whereas, (the obligor) in and by a certain obligation bearing even date herewith, do stand bound unto (the obligee) in the sum of
lawful money of the United States of Amer.
ica, conditioned for the payment of
These are to desire and authorize you, or any of you, to appear for
heirs, executors, or administrators, in the said court or elsewhere, in an action of debt, there or elsewhere brought, or to be brought, against me, or my heirs, executors, or administrators, at the suit of the said (the obligee) executors, administrators, or assigns, on the said obligation, as of any term or time past, present, or any other subsequent term or time there or elsewhere to be held, and confess judgment thereupon against me, or my heirs, executors, or administrators, for the sum of
lawful money of the United States of America, debt, besides costs of suit, in such manner as to you shall seem meet: and for your, or any of your so doing, this shall be your sufficient warrant. And I do hereby for myself, and for my heirs, executors, and administrators, remise, release, and forever quit claim anto the said (the obligee) or his certain attorney, executors, administrators, and assigns, all and all manner of error and errors, misprisions, misentries, defects, and imperfections whatever, in the entering of the said judgment, or any process or proceedings thereon or thereto, or anywise touching or concerning the same.
Bond for Conveyance of a Parcel of Land.
Know all Men by these Presents, That we,
as principals, and
as sureties, are holden and stand
firmly bound unto
in the sum of
dollars, to the payment of which to the said executors, administrators, or assigns, we hereby jointly and severally bind ourselves, our heirs, executors, and administrators.
The Condition of this obligation is such that whereas the said obligors have agreed to sell and convey unto the said obligee a certain parcel of real estate situated and bounded as follows, namely:
The same to be conveyed by a good and sufficient (warranty or other, deed of the said obligors, conveying a good and clear title to the same, free from all incumbrances.
And whereas, for such deed and conveyance it is agreed that the said obligee shall pay the sum of dollars, of which dollars are to be paid in cash upon the delivery of said deed, and the remainder by the note of the said obligee, bearing interest per cent. per annum, payable semi-annually, and secured by a mortgage in the usual form upon the said premises, such note (describe the note)
Now, therefore, if the said obligors shall upon tender by the said obligee of the aforesaid cash, note and mortgage at any time within
from this date, deliver unto the said obligee a good and sufficient deed as aforesaid, then this obligation shall be void, otherwise it shall be and remain in full force and virtue.
In Witness Whereof, We hereunto set our hands and seals this
Bond for a Deed of Land, with Acknowledgment before
executors, administrators, or assigns, to the payment whereof
deed in common form duly executed and acknowl
edged, and in the meantime shall permit said and improve said premises for
own use, then this obligation shall
be void, otherwise to remain in full force and effect.
before me, the undersigned, Notary
Public in and for said County and State, duly commissioned and qualified, who is known to me to be the same person whose name subscribed to the foregoing instrument of writing, as party thereto. acknowledged the same to be act and deed for the
purpose therein mentioned.
In Testimony Whereof, I have hereunto set my hand and affixed my official seal, at my office, in the City of
the day and year
Bond in another Form, for Conveyance of Land, with
for the payment of which sum, well and truly to be made to
heirs, executors, and administrators, I bind myself, my heirs, executors, and administrators, firmly by these presents.
Sealed with my seal and dated this
The Condition of the above Obligation is such, That whereas the said this day has given the said
promissory note of even date herewith
Now, if, on payment of the said note being made on or before the time become due, and all taxes on the
land hereinafter described having been paid by the said
and no right of pre-emption having been established or claimed on the said land, or any part thereof, the said or his legal represen
tatives, shall, whenever thereunto afterwards requested, execute and deliver to the said legal representatives, a good
and sufficient deed, conveying to
(here describe the land) then this obligation to be
free and clear of all incumbrance null and void, otherwise of full force and effect, it being distinctly understood and agreed by and between the parties hereto that the time of payment herein above fixed material and of the essence of this contract, and that in case of failure therein, the intervention of equity is forever barred.
as the same person whose name bond for deed, appeared before me this day, in person, and acknowledged that be signed, sealed, and delivered the said bond as voluntary act, and for the use and purpose therein set forth.
Given under my hand and
personally known to me subscribed to the above
Bond to Corporation for Payment of Money due for Contribution to Capital Stock, with Power of Attorney to confess Judgment.
Know all Men by these Presents, That
held and firmly bound unto (name of the corporation) in the sum of
money of the United States of America, to be paid to
aforesaid, their certain attorney, successors or assigns. To which payment well and truly to be made,
seal. Dated the
year of our Lord one thousand nine hundred and
firmly by these presents. day of
The Condition of this Obligation is such, That if the above bounden heirs, executors, and administrators, or any of them, shall and do well and truly pay, or cause to be paid unto the above-named their certain attorney, successors or assigns, the just such as abovesaid, at any time within
years from the date hereof, together with lawful interest for the same, in like money, payable monthly, on the of each and every month
hereafter, and shall also well and truly pay, or cause to be paid unto aforesaid, their successors or assigns, the sum of
dollars, on the said