See Also: BILL PENAL, contracts(law)
BILL OF DEBT, BILL OBLIGATORY, contracts(law)
WAY BILL, contracts(law)
BILL, contracts(law)
BILL, SINGLE, contracts(law)
LAW, PENAL(law)
Penal Law(law)
penal(dictionary)
PENAL(law)
penal(dictionary)

BILL PENAL, contracts (law)


BILL PENAL, contracts. A written obligation, by which a debtor acknowledges himself indebted in a certain sum, may one hundred dollars, and for the himself indebted in a certain sum, may one hundred dollars, and for the payment of the debt binds himself in a larger sum, say two hundred dollars. payment of the debt binds himself in a larger sum, say two hundred dollars. Bills penal do not frequently occur in modern practice; bonds, with Bills penal do not frequently occur in modern practice; bonds, with conditions, have superseded them. Steph. on Pl. 265, note. See 2 Vent. 198. conditions, have superseded them. Steph. on Pl. 265, note. See 2 Vent. 198. Bills-penal are sometimes called bills obligatory. Cro. Car. 515; 2 Vent. Bills-penal are sometimes called bills obligatory. Cro. Car. 515; 2 Vent. 106. But a bill obligatory is not necessarily a bill penal. Com. Dig. 106. But a bill obligatory is not necessarily a bill penal. Com. Dig. Obligations, D. Obligations, D.