Bond (restraint)

“ Thanks, above, to the boundless blessings showered upon you by your lord, and, below, to the favour of your father and mother, you're like a noble scion and a gentleman, able to read and to write; and you have been carried about by maids, old matrons, and nurses, just as if you had been a very phoenix! But now that you've grown up and reached this age, do you have the faintest notion of what the two words 'bond-servant' imply? All you think of is to enjoy your benefits. ”

“ If any bond is to continue to exist between us, it can only be, however, if you do not refuse me your help in this matter, which is, from one point of view, so difficult, and from another, so perfectly simple. ”

“ You know, he that stands surety for another takes the whole debt upon himself. This is our case; for, the living, as it were, entering bond for the dead, become responsible for their debts, and offer up fasts for fasts, tears for tears, in the same measure and proportion as they were liable to them, and so defray the debt of their friends at their own charge, and make all clear. ”

“ That bond is deeper than all national bonds, than all blood-bonds, than community of race, than family, than friendship, than social ties, than community of opinion, than community of purpose and action. ”

“ The American citizen was charged to buy a Liberty Bond for the baby, and he bought one. He was commanded to give until it hurt, and he gave. Never was there a more spontaneous outpouring of the natural spirit of a generous people. ”

“ He had heard of men, though bond-slaves to love, killing themselves in their inability to face that more lifelong bondage. What wonder that, in his case, a contract so based on policy should have terrified his reason in the thought? ”

“ Order itself no sufficient Bond.
"If we keep to the order established, and which we believe to have been set up under the guidance of truth, we shall never be broken to pieces, we shall always be united." ”

“ But every one of us who holds a policy in a life insurance company, or whose house or furniture is insured against fire, or who has a deposit in a bank or savings institution, or who has a national-bank note in his pocket is as much interested in the value of our National bonds and in a certain sense as much a bond holder as the owner of a bond himself; for if the value of the bonds is attacked and impaired the security of your investment goes, to that extent, by the board. ”

“ No, not for Venice.
PORTIA. Why, this bond is forfeit:
And lawfully by this the Jew may claim
A pound of flesh, to be by him cut off
Nearest the merchant's heart. Be merciful;
Take thrice thy money; bid me tear the bond.
SHYLOCK. When it is paid according to the tenour.
It doth appear you are a worthy judge;
You know the law, your exposition
Hath been most sound; I charge you by the law,
Whereof you are a well-deserving pillar,
Proceed to judgment: by my soul I swear,
There is no power in the tongue of man
To alter me: I stay here on my bond. ”

“ The bondholder, proud in all the security of the untaxed receiver of other people’s taxes, would see in these fields merely the industry from which he gathers tribute; it would never dawn on his mind that without the opening of those furrows and the hurrying army of children dropping corn his bond wouldn’t be worth the paper it is written on.
Yet it is literally so.
Feed the world, and it can live, work, produce and march on. Starve it, and what becomes of railroads, banks, mills, mines, notes, mortgages and bonds? ”

“ If it be her own, she can keep it remarkably well; but if it be the property of someone else, she appears to consider it as a loan which must not be allowed to accrue interest. I have tried the effect of imparting to a woman whom it affected but slightly, and to a man whose life would be altered in some degree by it, a piece of news under the bond of secrecy—a bond which expired at a given date. ”

“ The government conducted great loan campaigns. Each one met with greater success than the one preceding it. The bonds were bought by all classes of people, and a man without a bond was like a dog without a home. ”

“ It has become the fashion of many politicians and public agitators to cry out against the bondholders, and thus to excite a prejudice against the bond, which is an embodiment of National faith. The bondholders are represented as a set of “bloated” individuals residing down East or in foreign countries, who bought their bonds at thirty-five or forty cents on the dollar and now demand one hundred cents and high interest in gold. Thus the bondholder is pictured as a sort of criminal bloodsucker, who, with cold-blooded cruelty, fattens upon the sufferings of a downtrodden people. ”

“ Like the legendary compacts with the Evil One, the fear of the Bond would embitter the whole intermediate indulgence; and even the populace would be startled at a supremacy, to be obtained only by means of such utter darkness, and followed by such awful retribution. ”

“ At this very time, when she needed so much sympathy, a stern and severe man, in whom there was no pity, a man who had received large sums of money from Miss Bond as a tradesman, and whose account had stood over from a particular request of his own, believing that all was gone, and that he should lose, took advantage of her illness to levy an execution upon the goods, and to demand a sale. ”

“ We are not permitted to hold more than one share individually. The idea is to make us all of equal station in the eyes of the law, and to ensure our individual interest in the maintenance of peace and order. When a State bondholder dies, the equivalent of her or his bond is divided amongst such legatees as may have been named in the will. ”

“ These bonds, as you know, are a very desirable investment, running thirty years from the date of issue, with every guard and security that has been given to any bond of the United States, and we think as safe and desirable as the securities of any other nation. It is probably the bond into which all the debt of the United States will in time be converted. I hope you and your associates will be able to engage with me to place this bond on the market when $200,000,000 of the four and a half per cent. bonds have been sold. ”

“ The form in which an industrial bond is issued is a matter of some importance. If the principal of the bond does not become due for a number of years, there is danger that the property will depreciate so far in value as to leave the bond without sufficient margin of protection. ”

“ Buy your £100 bond, as a thousand placards will urge you to do, and you simply take part in a cold-blooded attempt to acquire money without working for it. You can take no personal interest whatever in the manner of acquiring it. ”

“ All who bind themselves in a bond, are equally obligors; and there are many cases, in the construction of bonds, where the letter of the condition has been departed from, to carry into effect the intention of the parties. And it is a rule in the construction of all deeds, that they are to be construed most strictly against those who make them, and most favorably for those for whose benefit they are made, as every contract is. ”

“ If it be answered that ultimately that bond represents satisfactions in consumption, since the owner of it may spend the income for consumers' goods, or since the railroad in question carries coal which goes to Italy to be used in a cruiser which will sink an Austrian warship, thereby giving consumers' satisfactions to individuals in Italy, so that the value of the bond is ultimately reducible to specific satisfactions of given individuals, we may still hold that those satisfactions do not constitute the value of the bond, as such. ”

“ There is something marvellously accommodating and elastic in the phrase, “One is not bound” to do this, that, and t' other. As the said bond is a contract between oneself and an imaginary world, its provisions are rarely onerous or exacting. Life is full of things “one is not bound to do.” ”

“ Those questions were: 1. Whether the obligation of the receiver and his sureties, being without seal, was a bond within the act of Congress of May 10th, 1800, which provided that a receiver of public moneys for lands of the United States 'shall, before he enters upon the duties of his office, give bond, with approved security . . . for the faithful discharge of his trust.' 2 Stat. ”

“ Should I Buy Them? Because we are at war. Because we must have dollars as well as men in the fight for freedom. Because they are the safest investment in the world today. Each $100 bond has 60 coupons attached. ”

“ There is not a man among you who cannot without hardship purchase at least one fifty-dollar bond. Many of you can invest thousands. Yet we are approaching our time limit and, so far, less than two hundred thousand dollars' worth of these magnificent Liberty Bonds have been purchased in our community! But five days remain to us to subscribe the remaining eight hundred thousand dollars, and thereby preserve the honor of our fair city. That eight hundred thousand dollars will be subscribed! ”

“ No sane person would have bought a bond with such an obligation resting upon him whenever he called for payment of principal or interest. If such was the duty of the holder, it was always his duty. It could not be performed once for all. ”

“ It is at least safely to be presumed that he has nothing to lose, in a material way, and there is reason to look for some slight gain in creature comforts and in security of life and limb, consequent upon the elimination, or at least the partial disestablishment, of pecuniary necessity as the sole bond and criterion of use and wont in economic concerns. ”

“ Naturally, therefore, the Government bond was greatly prized by them as an investment. They used every possible effort to induce the various governments to put more and more of this sort of harness on the people, and the governments, being carried on by the agents of the capitalists, of course kept on doing so, up to the very eve of the great Revolution, which was to turn the bonds and all the other harnesses into waste paper. ”

“ From the beginning all men by nature were created alike, and our bondage or servitude came in by the unjust oppression of naughty men. For if God would have had any bondsmen from the beginning, he would have appointed who would have had any bond and who free. ”

“ Well, the Liberty Loan now offers the chance to make the people and the bondholders interchangeable terms. The bonds are issued in such a way that the farmer and the wage-worker have exactly the same chance as the banker to purchase and hold as [13] many or as few as they wish. No matter how small a man’s means, he can get some part of a bond if he wishes. ”

“ It is sometimes assumed that the bond between a certain group of features which make a problem a 'Buy a things at b per thing, find total cost' problem or a 'Buy a things at b per thing, what change from c' problem or a 'What gain on buying for a and selling for b' problem or a 'How many things at a each can I buy for b cents' problem—it is assumed that the bond between these essential defining features and the operation or operations required for solution is as temporary as the bonds with the name of the buyer or the price of the thing. ”

“ There is no pretence of feeling, not attempt either at humbug or effect. They perform their service as if, having made a regular bargain to receive certain blessings for hallooing a certain time, they conceived that all they had to do was scrupulously to perform their part of the contract, that there was no occasion to exceed their agreement, or give more than was absolutely required by the bond. ”

“ The liability arising through signature to a surety bond is a contingent liability resting upon the good faith and honor of the bonded party. The practice of personal bondsmen is not so prevalent as formerly. Experience shows that the liability of the bondsmen may become very real, and not only should suitable provision be made for it but its existence should be shown on the balance sheet. ”

“ Nevertheless your words imply a doubt that I cannot help resenting. If the worst comes to the worst, you will have no need to claim your bond. You will get your own back without effort, and with compound interest. ”

“ The general laws of value, then, apply in the case of credit phenomena. We find nothing unique in essence in them. The juridical relations, also, in so far as they have economic significance, shade into one another. To buy a bond from a bondholder is purchase and sale. ”

“ You must fulfil your engagement with the enemy, and if he insists on your carrying out p. 115the condition of the bond, then tell him to his face that you will not do so, unless he will first carry out his conditions about the seven years. If he refuses, then demand another wish, and as you have received no benefit from the previous ones, he will, I think, concede the point. ”

“ A very large quantity of 41⁄2, 5 and 6 per cent. bonds are held by banks, by insurance companies, trust companies, savings institutions and in trust for widows and orphans. Thus they form an important part of the securities upon which these institutions are based. They are among their most reliable and most available assets. Probably most of us do not own a United States bond in the world. ”

“ Bond comes in for a moment's conversation with the old lady. She is terribly perturbed now that the moment has really come, and the innocent man seeing her distress, and fearing that some serious evil has happened to occasion it, begs her to tell him what troubles her, assuring her of his sympathy and aid. ”

“ The bondholder is interested in the absolute regularity of his interest, and in the security that lies behind the principal, and it is to-day the custom of banking houses to consider a bond well secured when, in a territory of reasonably rapid growth, the principal is earning say twice the interest on its bonds, and when the cost of reproduction is in excess of the amount of the bonds, provided that the property is in good physical condition. ”

“ So much stress has, in almost every case, been laid upon the bond as forming, either directly or indirectly, the basis of a new rule of responsibility, that it seems especially important to ascertain what are the legal obligations that spring from such an instrument. ”