Category: D

The common term for a bill of exchange; as being drawn by one person onanother. Hinnemann v. Rosenhack, 39 N. Y. 100; Douglass v. Wilkeson, 0 Wend. (N. Y.) 043.An order for the payment of money drawn by one person on another. It is said to bea nomen general I? si mum, and to include all such orders. Wildes v. Savage, 1 Story,30, 29 Fed. Cas. 1226; State v. Warner, 60 Kan. 94, 55 Pac. 342.Draft also signifies a tentative, provisional, or preparatory writing out of any document(as a will, contract, lease, etc.) for purposes of discussion and correction, andwhich is afterwards to be copied out in its final shape.Also a small arbitrary deduction or allowance made to a merchant or Importer, in the case of goods sold by weight or taxableby weight, to cover possible loss of weight in handling or from differences inscales. Marriott v. Brune, 9 How. 033, 13 L. Ed. 2S2: Seel ergcr v. Mfg. Co.. 157 U. S.183, 15 Sup. Ct. 583, 39 L. Ed. 005; Napier v. Barney, 17 Fed. Cas. 1149.

Any one who draws or frames a legal document, e. g., a will, conveyance, pleading, etc.

Legal rights that allow majority shareholders of a company to force MINORITY INTERESTS to sell their shares in the event of a TAKEOVER bid; this is necessary in situations where the acquiring company requires 100 percent control. Drag along rights must be specifically negotiated in a CORPORATE FINANCE transaction. See also TAG ALONG RIGHTS.

Dower at the church door or porch. An ancient kind ofdower in England, where a man. (being tenant in fee-simple, of full age,) openly at thechurch door, where all marriages were formerly celebrated, after affiance made andtroth plighted between them, endowed his wife with the whole of his lands, or suchquantity as he pleased, at the same time specifying and ascertaining the same. Litt.

An abbreviation for “doctor;” also, in commercial usage, for “debtor,” Indicatingthe items or particulars in a bill or in an account-book chargeable against the person towhom the bill is rendered or in whose name the account stands, as opposed to “Cr.”(“credit” or “creditor”), which indicates the items for which he is given credit. Jaqua v.Shewalter, 10 Ind. App. 234, 37 N. E. 1072.

a law in some states where a widow has the right to one third of her husband’s land.

A kind of dower in England, regulated by custom, where the quantity allowed the wife differed from theproportion of the common law; as that the wife should have half the husband’s lands;or, in some places, the whole; and, in some, only a quarter. 2 Bl. Comm. 132; Litt.

The ordinary kind of dower in English and American law, consisting of a life interest in one-third of the lands of whichthe husband was seised in fee at any time during the coverture. Litt.

L. Fr. Dower of the fairest [part.] A species of ancientEnglish dower, incident to the old tenures, where there was a guardian in chivalry, andthe wife occupied lands of the heir as guardian in socage. If the wife brought a writ ofdower against such guardian in chivalry, he might show this matter, and pray that thewife might be endowed de la pluis belle of the teneihent in socage. Litt.

Dower by the father’s assent. A species of dower ad ostium ecelcsiw, madewhen the husband’s father was alive, and the son, by his consent expressly given,endowed his wife with parcel of his father’s lands. Litt. 8 40; 2 Bl. Comm. 133; Groganv. Garrison. 27 Ohio St. 61.