BILL OF SIGHT, English commercial law. When a merchant i's ignorant of the real quantities or qualities of any goods consigned1 to him, so that he is unable to make a perfect entry of them, he is required to acquaint the collector or comptroller of the circumstances and such officer is authorized2, upon the importer or his agent making oath that he cannot, for want of full information, make a perfect entry, to receive an entry by bill of sight, for the packages, by the best description which can be given, and to grant a warrant that the same be landed and examined by the importer in presence of the officer; and within three days after the goods have been so landed, the importer is required to make a perfect entry. See stat. 3 & 4 Will. IV. c . 52, §24.
BILL, SINGLE, contracts. A writing by which one person or more, promises to another or others, to pay him or them a sum of money at a time therein specified3, without any condition. It is usually under seal; and when so, it is sometimes, if not commonly, called a bill obligatory4. (q. v.) 2 S. & R. 115.
2. It differs from a promissory note in this, that the latter is always payable5 to order; and from a bond, because that instrument has always a condition attached to it, on the performance of which it is satisfied. 5 Com. Dig. 194; 7 Com. 357.
BILL OF STORE, English commercial law. A license6 granted by custom house officers to merchants, to carry such stores and provisions as are necessary for a voyage, free of duty. See stat. 3 and 4 Will. IV., c. 5 2.
BILL, TRUE. A true bill is an indictment7 approved of by a grand jury. Vide Billa Vera; True Bill.
BILLS PAYABLE, COMMERCE. Engagements which a merchant has entered into in writing, and which he is to pay on their becoming due. Pard. n. 85.
BILLS RECEIVABLE, Commerce. Promissory notes, bills of exchange, bonds, and other evidences or securities which a merchant or trader holds, and which are payable to him. Pard. n. 85.
BILLA VERA, practice. When the proceedings8 of the courts were recorded in Latin, and the grand jury found a bill of indictment to be supported by the evidence, they indorsed on it billa vera; now they indorse in plain English " a true bill."
TO BIND9, BINDING10, contracts. These words are applied11 to the contract entered into, between a master and an apprentice12 the latter is said to be bound.
2. In order to make a good binding, the consent of the apprentice must be had, together with that of his father, next friend, or some one standing13 in loco parentis. Bac. Ab. Master and Servant, A; 8 John. 328; 2 Pen. 977; 2 Yerg. 546 1 Ashmead, 123; 10 Sergeant14 & Rawle, 416 1 Massachusetts, 172; 1 Vermont, 69. Whether a father has, by the common law, a right to bind out his child, during his minority without his consent, seems not to be settled. 2 Dall. 199; 7 Mass. 147; 1 Mason, 78; 1 Ashm. 267. Vide Apprentice; Father; Mother; Parent.
3. The words to bind or binding, are also used to signify that a thing is subject to an obligation, engagement or liability; as, the judgment15 binds16 such an estate. Vide Lien17.
TO BIND, OR TO BIND OVER, crim. law. The act by which a magistrate18 or a court hold to bail19 a party, accused of a crime or misdemeanor.
2. A person accused may be bound over to appear at a court having jurisdiction20 of the offence charged, to answer; or he may be bound over to be of good behaviour, (q. v.) or to keep the peace. See Surety of the Peace.
3. On refusing to enter into the requisite21 recognizance, the accused may be committed to prison.