LEGAL BUSINESS FORMS - BONDS.                       1571

Bill of Sale of Personal Property.
KNOW ALL MEN by these presents, that I, John T. Hall.
of Montgomery, Alabama, planter, in consideration of Six
Hundred and Seventy-five Dollars ($675) to me in hand paid
by Oscar D. Scott, of Montgomery. Alabama, the receipt where.
of is hereby acknowledged, do hereby bargain, sell, and deliver
unto the said Oscar D. Scott, the following property, to-wit -
Four mules @ $125 ------------------------- $500
Two sets Harness @ $20 .......... ........* -- .. 40
Two Farm Wagons @ $35 ------------------ 70
One Corn Planter @ $20---  - ..--------------- 20
Three Plows @ $5 ------------------.45
Total ----------------------------------- $675
To have and to hold the said goods and chattels unto the said
Oscar D. Scott, his executors, administrators, and assigns. to
his own proper use and benefit forever. And 1, the said John
T. Hall, do avow myself to be the true and lawful owner of
said goods and chattels ; that I have full power, good right, and
lawful authority to dispose of said goods and chattels in man-
ner as aforesaid; and that I will, and my heirs, executors, and
administrators, shall Warrant and Defend the said bargained
goods and chattels unto the said Oscar D. Scott, his executors,
administrators, and assigns, from and against the lawful claims
and demands of all persons,
In witness whereof, I, the said John T. Hall, have hereto
set my hand this first day of April, in the year of our Lord,
Eighteen Hundred and Seventy-three.
JOHN T. HALL
BONDS
A Bond is a written admission of an obliga-
tion on the part of the maker, whereby he
pledges himself to pay a certain sum of money
to another person or persons, at a certain speci-
lied time, for some bona fide consideration.
The person giving the bond is termed the
ohligor; the person receiving the same is called
the obligee.
A bond, as defined above, is a single bond;
but generally conditions are added to the bond,
whereby the person giving the same must per-
form some specific act or acts, in which case the
bond becomes void; otherwise it remains in full
force and effect.
The penalty attached to the bond is usually
sufficient to cover debt, interest, and costs, be-
ing generally placed at a sum twice the amolnt
of the real debt, the fact being stated that such
penalty is the sum fixed upon as liquidated or

settled damages, in event of failure to meet
payments according to conditions of the bond.
The bond may be so drawn .as to have the
penalty attach and appertain to either the obli-
gor or obligee.
Though, under ordinary circumstances, the
bond is in full effect, yet an act of Providence,
whereby its accomplishment is rendered impos-
sible, relieves the party obligated from an en-
forcement of the penalty.
Action on such instrument must be brought
within twenty years after right of action ac-
crues, or within such time as provided by the
statutes of the different States.
Common Form of Bond.
KNOW ALL MEN by this instrument, that I, Jonas Clayton
of Wilmington, Hanover County, State of North Carolina, am
firmly bound unto Henry Morse of the place aforesaid, in the
sum of one thousand dollars, to be paid to the said Henry
Morse, or his legal representatives; to which payment, to be
made, I bind myself, or my legal representatives, by this in-
strument.
Sealed with my seal, and dated this first day of July, one
thousand eight hundred and seventy-three.
The condition of this bond is such that, if I, Jonas Clayton,
my heirs, administrators, or executors, shall promptly pay the
sum of five hundred dollars in three equal annual payments
from the date hereof, with annual interest, then. the above ob-
ligation to be of no effect ; otherwise to be in full force and
valid.
Sealed and delivered in )
presence of          JONAS CLAYTON,
GEORGE DOWNING..
Bond of Cashier of a Bank.
KNOW ALL MEN by this instrument, that 1, Nathaniel flow.
ard of the town of San Antonio, County of Bexar, and State
of Texas, am firmly bound to the First National Bank corpo-
ration of said town, county, and state, in the sum of One hun.
dred thousand dollars, to be paid to the First National Bank
corporation, or assigns, aforementioned; for which payment I
bind myself, my heirs, executors, and administrators, by this
instrument.
Sealed with my seal, and dated this third day of February,
one thousand eight hundred and seventy-two.
Whereas, the above bounden Nathaniel Howard has been
appointed Cashier of the First National Bank of San Antonio,
aforementioned, by reason whereof, various sums of money,
goods, valuables, and other property, belonging to said Bank
corporation, will come into his custody;

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