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Liabilities   /lˌaɪəbˈɪlətiz/  /lˌaɪəbˈɪlɪtiz/   Listen
Liabilities

noun
1.
Anything that is owed to someone else.






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"Liabilities" Quotes from Famous Books



... than 45,000 pounds had to be paid down, no small task with subscriptions to the share list not easy to obtain. Yet, that Mr. Savin accomplished—and more. He bought up the existing contract, compromised and settled all existing claims and got rid of all liabilities. The rearrangement, however, took a great deal of time, and was later complicated by the dissolution of partnership between him and Mr. Davies, while the works were proceeding between Welshpool and Newtown. Not until July 26th, 1861, was it finally arranged that Mr. Savin should relinquish the ...
— The Story of the Cambrian - A Biography of a Railway • C. P. Gasquoine

... man and laid the matter before him, but failed to prevail upon him either to pay his son's liabilities or to put us into communication with him. The answers to an advertisement in the War Cry, however, had brought the required in formation as to his son's whereabouts, and the same morning that our Inquiry Officer communicated with the police, and served a summons for the ...
— "In Darkest England and The Way Out" • General William Booth

... companion to look round in surprise, and perhaps a little in resentment. A dozen eager voices assured "the gentleman" there was no crime in the matter at all—there was even no just debt, but it was a villanous scheme to compel a wronged ward to release a fraudulent guardian from his liabilities. Though all this was not very clearly explained, it was affirmed with so much zeal and energy as to awaken suspicion, and to increase the interest of the more intelligent portion of the spectators. The attorney surveyed the travelling dress, the appearance of fashion, and the youth of ...
— Homeward Bound - or, The Chase • James Fenimore Cooper

... about sixty days to learn that the business would not support two persons. As he was unable to buy me out, I made him an offer of my horse for his share, I to assume all liabilities of the firm, which amounted ...
— Twenty Years of Hus'ling • J. P. Johnston

... it simply contained a proposition from the Mica Mine Company to buy the Crooked Creek Telegraph Line, with all its rights and privileges, assuming all debts and liabilities, and to pay therefor the sum of three hundred and ...
— What Might Have Been Expected • Frank R. Stockton

... extended quickly to other States and touched the quick of public opinion. It bore its first good fruits in New York in 1848, when the Property Bill was passed. This law, amended in 1860, and entitled "An Act Concerning the Rights and Liabilities of Husband and Wife" (March 20, 1860), emancipated completely the wife, gave her full control of her own property, allowed her to engage in all civil contracts or business on her own responsibility, rendered ...
— A Short History of Women's Rights • Eugene A. Hecker

... prevented his obtaining a full supply of the best and most intelligent labor, and that he can very soon increase his annual product to $42,500. The increase of $2,500 each year will enable him to pay his additional clerks, to meet the interest on his liabilities, and to accumulate a sinking-fund sufficient to pay his debts before his children come of age. He will be able to take some comfort and satisfaction in his agricultural laborers; he will have a larger amount of cotton to spin and to sell than ever before, and so much wool, ...
— Atlantic Monthly, Vol. 10, No. 57, July, 1862 - A Magazine Of Literature, Art, And Politics • Various

... would probably urge a drastic re-construction scheme, the writing off much of our capital, and perhaps winding up the line. When rates are bad and cargo's scarce, one must take a low price for ships; our liabilities are large, and I imagine selling off would leave ...
— Lister's Great Adventure • Harold Bindloss

... all this glory was to be pathetically dimmed. In 1825 a general financial panic, revealing the laxity of Scott's business partners, caused his firm to fail with liabilities of nearly a hundred and twenty thousand pounds. Always magnanimous and the soul of honor, Scott refused to take advantage of the bankruptcy laws, himself assumed the burden of the entire debt, and set himself the stupendous ...
— A History of English Literature • Robert Huntington Fletcher

... with its new cake of soap and its three clean, glossy towels. On the wall to the left of the door was the electric bell and the directions for using it, and tacked upon the door itself a card as to the hours for meals, the rules of the hotel, and the extract of the code defining the liabilities of innkeepers, all printed in bright red. Everything was clean, defiantly, aggressively clean, and there was a clean smell of new soap in ...
— Vandover and the Brute • Frank Norris

... work gives the plainest inspections in all matters connected with selling, buying, mortgaging, leasing, settling and devising estates; and informs us of our relations to our properties, our wives, our children, and our liabilities as ...
— The Roman Question • Edmond About

... that a 'General' may be forgetful of his duty, and sell property and appropriate the proceeds to his own use, or to meeting the general liabilities of the Salvation Army. As matters now stand, he, and he alone, would have control over such a sale. Against such possibilities it appears to the Committee to be reasonable that ...
— Evolution and Ethics and Other Essays • Thomas H. Huxley

... continues, when he can get a hearing, "your Committee suggests the setting aside, for the payment of liabilities and current expenses, the sum of L9750, which leaves L60,000 to be divided amongst ...
— The Tale of Timber Town • Alfred Grace

... advertise to plant, and properly cultivate for a period of five to seven years, orchards of the finest varieties of budded or grafted pecan trees, with Satsuma oranges or figs set between. But the guaranty company is usually wise enough to have lawyers who are able to advise them of their liabilities, and about all they actually guarantee is that, after a period of five years, provided all payments have been promptly met, there will be turned over to the purchaser five acres of ground with trees ...
— Northern Nut Growers Association, Report of the Proceedings at the Third Annual Meeting • Northern Nut Growers Association

... self-control, nullified their right to suffrage, nullified the principle of representation—which authorized a handful of cunning and resolute robbers to levy taxes, create public debt, and incur municipal liabilities without limit and without check, and which placed at their disposal the revenues of the great municipality and the ...
— Lights and Shadows of New York Life - or, the Sights and Sensations of the Great City • James D. McCabe

... my fellow-citizens on the entire restoration of the credit of the General Government of the Union and that of many of the States. Happy would it be for the indebted States if they were freed from their liabilities, many of which were incautiously contracted. Although the Government of the Union is neither in a legal nor a moral sense bound for the debts of the States, and it would be a violation of our compact ...
— A Compilation of the Messages and Papers of the Presidents: Polk - Section 3 (of 3) of Volume 4: James Knox Polk • Compiled by James D. Richardson

... the badly-spelt, childish letter once again, and then he thrust the bills out of sight and thought of other liabilities which he himself had incurred, till his thoughts returned to the tempting ...
— Daddy's Girl • L. T. Meade

... his time-contracts had been met, and the change would be of the greatest service to him. He placed his shares, therefore, in Tonsor's hands with instructions to sell when prices advanced. He then looked over the amount of his liabilities, and saw, with some of his old exultation, that, if he could effect sales at the rates he expected, he should have at least two hundred thousand dollars after paying all his debts. Ambition again whispered to him, that he might now take ...
— Atlantic Monthly, Volume 3, No. 19, May, 1859 • Various

... his credit that he never thought of doing by others as others had done by him. The morality of the frontier was deplorably loose in such matters, and most of these people would have concluded that the failure of the business expunged its liabilities. But Lincoln made no effort even to compromise the claims against him. He promised to pay when he could, and it took the labor of years to do it; but he paid at last every farthing of the debt, which seemed to him and his friends so large that ...
— Abraham Lincoln: A History V1 • John G. Nicolay and John Hay

... the cumulatiive total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of ...
— The 2007 CIA World Factbook • United States

... the war we possessed approximately half the merchant tonnage of the world, but experience during the early part of the struggle revealed that we had not a single ship too many for the great and increasing oversea military liabilities which we were steadily incurring, over and above the responsibility of bringing to these shores the greater part of the food for a population of forty-five million people, as well as nearly all the raw materials which were essential ...
— The Crisis of the Naval War • John Rushworth Jellicoe

... unless I greatly alter my mind, or can find out some method of feeding them which will not destroy the animals, and which I have hitherto failed to accomplish." The conclusion which he adopted, in view of these liabilities, may be useful to agriculturists in America as well as in England. He says, "What I intend exhibiting in future will be shearlings only, as I believe they are not so easily injured by extra feeding as aged sheep, partly by being more active, and partly by having more time ...
— A Walk from London to John O'Groat's • Elihu Burritt

... folly. We draw on the future, and in no long time it honors our drafts. Nevertheless, in the twenty-three years since silver was demonetized we have had two grand panics, several minor currency panics, hundreds of thousands of bankruptcies with liabilities of billions, and five labor wars in which 900 persons were killed and $230,000,000 worth of property destroyed. Could a silver basis ...
— If Not Silver, What? • John W. Bookwalter

... or not, and what he ought to do in the interval of doubt, can be conceived, than these letters give us. At this time the debt of Ballantyne and Co. had been reduced by repeated dividends—all the fruits of Scott's literary work—more than one half. On the 17th of December, 1830, the liabilities stood at 54,000l., having been reduced 63,000l. within five years. And Sir Walter, encouraged by this great result of his labour, ...
— Sir Walter Scott - (English Men of Letters Series) • Richard H. Hutton

... commutation of the feudatories' incomes and the samurai's pensions. A small fraction of these outlays was defrayed with ready money, but the great part took the form of public loan-bonds. These bonds constituted the bulk of the State's liabilities during the first half-cycle of the Meiji era, and when we add the debts of the fiefs, which the Central Government took over; two small foreign loans; the cost of quelling the Satsuma rebellion, and various debts incurred on account of public works, naval construction, and minor ...
— A History of the Japanese People - From the Earliest Times to the End of the Meiji Era • Frank Brinkley and Dairoku Kikuchi

... including St. George's Channel, our situation is desperate, whether Ireland is friendly or hostile. We guarantee the independent existence of the kingdom of Belgium, which is as near as Ireland, with military liabilities vastly more serious than any which Ireland could conceivably entail; but we do not claim, as a consequence, to control the Executive of Belgium and remove her Parliament to Westminster, in order to be quite sure ...
— The Framework of Home Rule • Erskine Childers

... token of Richard Caramel's card, he had drawn out half a dozen books on the Italian Renaissance. That these books were still piled on his desk in the original order of carriage, that they were daily increasing his liabilities by twelve cents, was no mitigation of their testimony. They were cloth and morocco witnesses to the fact of his defection. Anthony had had several hours of acute and ...
— The Beautiful and Damned • F. Scott Fitzgerald

... such as the gallant Gen. Brock, John Colt man, William Coltman, the Hales, Foy, Haldimand, Dr. Beeby of Powell Place, J. Lester, John Blackwood. In 1810 Mr. John Caldwell, son of the Colonel, accepted the succession with its liabilities, not then known. He however made the Lauzon manor his residence in summer, and was also appointed Receiver General. In 1817 Belmont was sold to the Hon. J. Irvine, M.P.P., the grandfather of the present member for Megantic, Hon. George J. Irvine. Hon. Mr. Irvine resided there until 1833. The ...
— Picturesque Quebec • James MacPherson Le Moine

... with a prodigious quantity of bitter beer—fairly burst out, and, with tears in his eyes, made a full and sad confession respecting this unlucky Bundelcund Banking Company. The shares had been going lower and lower, so that there was no sale now for them at all. To meet the liabilities, the directors must have undergone the greatest sacrifices. He did know—he did not like to think what the Colonel's personal losses were. The respectable solicitors of the Company had retired, long since, after having secured payment of a most respectable bill; and ...
— The Newcomes • William Makepeace Thackeray

... Christians. If he still retained any remembrance of the ancient friendship between himself and the heretic republic, it was not likely to exhibit itself, notwithstanding his promises and his pecuniary liabilities to her, in anything more solid than words. "I repeat it," said the Dutch envoy at Paris; "this court cares nothing for us, for all its cabals tend to close union with Rome, whence we can expect nothing but foul weather. The king alone has ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... the viaduct or bridge to be paid for in part by the City; to indemnify the City against all liability for any and all damages which may accrue on account of any street which may be closed or the grades of which may be changed in pursuance of the agreement; to assume all liabilities by reason of the construction or operation of the railroads, or the construction of the viaducts, and to save the city harmless from any liability whatever, to either persons or property, by reason of the construction or operation of the railroads ...
— Transactions of the American Society of Civil Engineers, Vol. LXVIII, Sept. 1910 • Charles W. Raymond

... terrible visitation to which I have been subjected; and, were I in your position, I should transfer my establishment at once to some other house as well suited to the purpose, and free from the dreadful liabilities ...
— Harper's New Monthly Magazine, Volume 1, No. 2, July, 1850. • Various

... the divisions in the political scale established by Solon, called by Aristotle a timocracy, in which the rights, honors, functions, and liabilities of the citizens were measured out according to the assessed property of each. The highest honors of the state—that is, the places of the nine archons annually chosen, as well as those in the senate of Areopagus, into which the past archons always entered (perhaps ...
— The Great Events by Famous Historians, Vol. 1 • Various

... liabilities of the three firms amounted in round numbers to nearly half-a-million sterling. Sir Walter, as the partner of Ballantyne and Co., was held responsible for about L130,000;—this large sum was ultimately paid in full by Scott ...
— The Journal of Sir Walter Scott - From the Original Manuscript at Abbotsford • Walter Scott

... be only a temporary embarrassment. The assets were vastly greater than the liabilities. There was talk in financial circles of an adjustment. With time the house could go on. The next day it was made a reproach to the house that such deceptive hopes were put upon the public. Journalistic enterprise had discovered ...
— Baddeck and That Sort of Thing • Charles Dudley Warner

... blackmailer of whom she had never heard something like three hundred pounds a year... It was a devil of a blow; it was like death; for she imagined that by that time she had really got to the bottom of her husband's liabilities. You see, they were pretty heavy. What had really smashed them up had been a perfectly common-place affair at Monte Carlo—an affair with a cosmopolitan harpy who passed for the mistress of a Russian Grand Duke. She exacted a twenty thousand pound pearl tiara from him as the ...
— The Good Soldier • Ford Madox Ford

... exactness and his precision. I could not always find it in myself to praise his friendly spirit. But he had an almost mystic force of severity, and those enormous squanderings of wealth, that facile assumption of liabilities that characterized this period of the War, must have doubtless produced in him a sense of infinite disgust. This state of mind often made him very exigent, and sometimes unjustifiably suspicious. His word had a decisive effect on the actions ...
— Peaceless Europe • Francesco Saverio Nitti

... One reason for our tardiness in recognizing the need for thorough physical examination is the doctor's tradition of treating symptoms. After men and women are intelligent enough to demand an inventory of their physical resources,—a balance sheet of their physical assets and liabilities,—physicians will study the whole man and not the fraction of a man in which they happen to be specializing or about which the patient worries. By removing the mystery of bodily ailments and by familiarizing ourselves with the essentials to healthy ...
— Civics and Health • William H. Allen

... advantage of existing Life Offices, viz. the Mutual System without its risks or liabilities; the Proprietary, with its security, simplicity, and economy; the Accumulative System, introduced by this Society, uniting life with the convenience of a deposit bank; Self-Protecting Policies, also introduced by this Society, embracing by one policy and one rate of premium a Life Assurance, ...
— Notes and Queries, Number 190, June 18, 1853 • Various

... chartered under the name, "The Treasurer and Company of Adventurers and Planters of the City of London for the First Colony in Virginia." It was fully incorporated, with a seal and all legal corporate powers and liabilities. In the charter itself were named some twenty-one peers, ninety-six knights, eighty-six of the lesser gentry, a large number of citizens, merchants, sea- captains, and others, and fifty-six of the London companies—in all, seven hundred and fifteen persons and organizations. They ...
— European Background Of American History - (Vol. I of The American Nation: A History) • Edward Potts Cheyney

... a new frock, but not of the colour intended. By the following month her father was enclosed in a coffin, and it happened to his estate, as to the estates of many successful men who employ stockbrokers, that the liabilities far more than covered the assets. May and her mother were left without a penny. The mother did the right thing, and died—it was best. May went direct to Brunt's, the largest draper in the Five Towns, and asked ...
— Tales of the Five Towns • Arnold Bennett

... well ponder upon the lessons it teaches, scrutinize thoroughly all its periods, phases, and branches, analyze its causes, eliminate its elements, and mark its developments. The laws, energies, capabilities, and liabilities of our nature, as exhibited in the character of individuals and in the action of society, are remarkably illustrated. The essential facts belonging to the transaction, gathered from authentic records and reliable testimonies and traditions, have been faithfully ...
— Salem Witchcraft, Volumes I and II • Charles Upham

... to provide the money to discharge the baby's liabilities; but they instantly adjourned, and no effort could afterwards get a quorum together. When the persons who had charge of the Protestant foundling discovered the state of affairs they began to dun the ...
— Ginx's Baby • Edward Jenkins

... thing at Emmanuel in Ernest's day, though many had much less than this. Ernest did as he had done at school—he spent what he could, soon after he received his money; he then incurred a few modest liabilities, and then lived penuriously till next term, when he would immediately pay his debts, and start new ones to much the same extent as those which he had just got rid of. When he came into his 5000 pounds and became independent of his father, 15 or 20 pounds ...
— The Way of All Flesh • Samuel Butler

... profits and income taxes of steadily increasing weight were imposed, and the burdens were distributed more fairly. The Dominion was able not only to meet the whole expenditure of its armed forces but to reverse the relations which existed before the war and to become, as far as current liabilities went, a creditor rather than a debtor of the ...
— The Canadian Dominion - A Chronicle of our Northern Neighbor • Oscar D. Skelton

... improvements, particularly improvements of land, now seemed to shake all commercial Scotland with its fall. In this company the Duke of Buccleugh was one of the largest shareholders, and, liability being unlimited, it was impossible to foresee how much of its L800,000 of liabilities his Grace might be eventually called upon to pay. The suggestion that Smith was much consulted by the Duke and his advisers about this grave business is to some extent confirmed by the familiarity which he shows with the whole circumstances of this bank at the time of its failure in the second ...
— Life of Adam Smith • John Rae

... new riches also I was already six shillings in debt to the Oxford-shirt man, and four shillings in debt to the Twins, who had paid my share in the boating expedition up the river. And now, when I came to reckon up my liabilities for the supper, I found I owed as much as eight shillings to the pastrycook and five shillings to the grocer, besides having already paid two shillings for the unlucky lobster (which to my horror and shame I ...
— My Friend Smith - A Story of School and City Life • Talbot Baines Reed

... engaged to Miss Tayler, was anxious to clear off his father's liabilities. Byron gave him from first to last the sum of L1500 for the purpose. Hodgson, in a letter to his uncle, thus describes the gift ('Memoir of Rev. F. Hodgson', ...
— The Works of Lord Byron: Letters and Journals, Volume 2. • Lord Byron

... sooner than she had anticipated. D'Orsay, who seems to have been even more careless of money than his mother-in-law, plunged deeper and deeper in debt—some of it, at least, incurred in helping to keep up the Gore House menage—until he found himself at last face to face with liabilities far exceeding L100,000, and besieged with duns and bailiffs. Once he was arrested at the suit of a bootmaker, and was rescued from prison by Lady Blessington's rapidly-emptying purse. The climax came when a sheriff's ...
— Love Romances of the Aristocracy • Thornton Hall

... added to the original cost of every item catalogued. The bookstall-man is, naturally, handicapped in many ways, and if he finds the sweepings of his more aristocratic confreres' shops a long time on his hands, he, at all events, makes as large a profit with much fewer liabilities. ...
— The Book-Hunter in London - Historical and Other Studies of Collectors and Collecting • William Roberts

... as buyer, or lender, for another, he incurred liabilities, for which he could not indemnify himself, unless he had secured from his principal a deed empowering him so to act. But, if without such power of attorney, A had acted for B, and bought a house, or field, of C, and had ...
— Babylonian and Assyrian Laws, Contracts and Letters • C. H. W. Johns

... cellar under the Chapel—the Church has no ownership there at all—but the Church is legal owner of this Chapel and all the rooms above it. The Church appointed me their agent to build the house, and as such I have made all the contracts, paid out all the monies, and assumed all the liabilities. Before commencing the building, as before ...
— A Narrative of The Life of Rev. Noah Davis, A Colored Man. - Written by Himself, At The Age of Fifty-Four • Noah Davis

... brunt of the opposition, had a source of revenue in her western lands from which she could easily discharge her obligations, and naturally had no desire to share the liabilities of others. But her State Legislature, after Hamilton agreed with Jefferson to buy off the Virginia opposition in Congress by locating the national capital on the Potomac, protested in strong and exact terms against the State-debts-assumption proposition. These resolutions ...
— The United States of America Part I • Ediwn Erle Sparks

... almost any other, however undesirable in their own eyes. A being of higher faculties requires more to make him happy, is capable probably of more acute suffering, and is certainly accessible to it at more points, than one of an inferior type; but in spite of these liabilities, he can never really wish to sink into what he feels to be a lower grade of existence. We may give what explanation we please of this unwillingness; we may attribute it to pride, a name which is given ...
— Utilitarianism • John Stuart Mill

... farmers. In 1772, in relation to the vingtieme, which is levied on the net revenue of real property, the intendant of Caen, having completed the statement of his quota, estimates that out of 150,000 "there are perhaps 50,000 whose liabilities did not exceed five sous, and perhaps still as many more not exceeding twenty sous."[5149] Contemporary observers authenticate this passion of the peasant for land. "The savings of the lower classes, which elsewhere are invested with individuals and in the public funds, are wholly destined ...
— The Origins of Contemporary France, Volume 1 (of 6) - The Ancient Regime • Hippolyte A. Taine

... end of the fourth year the liabilities were definitely estimated at a sum of twelve hundred thousand francs. Many negotiations, lasting over six months, took place between the creditors and the liquidators, and between the liquidators and Grandet. To make a long story short, Grandet of Saumur, anxious by this time ...
— Eugenie Grandet • Honore de Balzac

... of either party shall not be impeded in fulfilling their liabilities arising from such obligations either by injunctions or by other provisions unless ...
— My Four Years in Germany • James W. Gerard

... interest in the race. After the race he managed to see all those to whom he had lost heavy stakes,—having to own to himself, as he did so, that not one of them was a gentleman to whom he should like to give his hand. To them he explained that his father was abroad,—that probably his liabilities could not be settled till after his father's return. He however would consult his father's agent and would then appear on settling-day. They were all full of the blandest courtesies. There was not one of them who had any doubt as to getting his money,—unless the whole thing might be disputed ...
— The Duke's Children • Anthony Trollope

... of the proportion of expenditure that goes to military purposes, it cannot be denied that Germany is increasing her liabilities at an extraordinary rate, and largely for purposes of protection. In the last two years the interest on her increased debt alone, at four per cent., amounts to $5,000,000; while the interest at four per cent. upon military expenditures ...
— Germany and the Germans - From an American Point of View (1913) • Price Collier

... into parliament by Mr. Bennet: it was, however, maintained that the total abolition of such rewards would be pernicious. The heir at law of a person killed in pursuit of a highwayman, was still entitled to L40 and a Tyburn ticket, which exempted the holder from serving on a jury, and other civil liabilities.] ...
— The History of Tasmania , Volume II (of 2) • John West

... you're really going to do—you're going to give yourself the humble joy of paying some of the more pressing liabilities. I ...
— The Limit • Ada Leverson

... were purchased by the bank of a certain broker at a time when it was difficult to make loans by discount in the usual manner. Before the maturity of the notes, the broker, who was a Jew, had left for parts unknown. He left behind him no liabilities, unless he might be holden for the payment of the notes above specified, and several others signed and indorsed in the same manner in the hands of other parties. Several attempts had been made by professional experts to trace resemblances ...
— Atlantic Monthly, Vol. 10, No. 62, December, 1862 • Various

... things right, broke down, and died of the struggle; and ever since the unhappy affair had lingered on, starving its workmen, and just keeping alive by making common garden pots and pans and drain-tiles. Most people who could had sold out of it, thanking the Limited Liabilities for its doing them no further harm; and the small remnant only hung on because no one could be found to give them even the absurdly small amount that was still said to be the ...
— My Young Alcides - A Faded Photograph • Charlotte M. Yonge

... offered them. Debts are still recorded, when the perishable sheaths of our physical bodies have been cast off; they come up for future payment, often in the next life. But this next life may not wipe off the whole of the liabilities, so the process is continued for several successive existences, and this has given rise to the saying that the sins of the parents[24] are visited upon the ...
— Reincarnation - A Study in Human Evolution • Th. Pascal

... tremenduous scene: he went down on his knees, my lady told Mrs. Bonner, as told me—and swoar as he never more would touch a card or a dice, or put his name to a bit of paper; and my lady was a-goin' to give him the notes down to pay his liabilities after the race: only your governor said (which he wrote it on a piece of paper, and passed it across the table to the lawyer and my lady), that some one else had better book up for him, for he'd have kep' some of the ...
— The History of Pendennis, Vol. 2 - His Fortunes and Misfortunes, His Friends and His Greatest Enemy • William Makepeace Thackeray

... additional inducement to enlistment for making up the quota of the town. The slave (or servant for term of years) might receive his freedom; the master might secure exemption from draught, and a discharge from future liabilities, to which he must otherwise have been subjected. In point of fact, some hundreds of blacks—slaves and freemen—were enlisted, from time to time, in the regiments of the State troops and of the Connecticut line. How many, it is impossible to tell: for, from first ...
— History of the Negro Race in America From 1619 to 1880. Vol 1 - Negroes as Slaves, as Soldiers, and as Citizens • George W. Williams

... to accept her fate. The sale of her diamonds, which seemed to her to have realized a singularly extravagant sum, enabled her to quietly reinstate the Pattersons in the tienda and to discharge in full her husband's liabilities to the rancheros and his ...
— Frontier Stories • Bret Harte

... fear, would make short work of this theory of Father M'Fadden. If a tenant there cannot pay his first quarter's rent (they don't let him darken his soul by a year's liabilities) they promptly and mercilessly ...
— Ireland Under Coercion (2nd ed.) (1 of 2) (1888) • William Henry Hurlbert

... pleased at heart, but I tried to unload some of my liabilities to Nemesis by the thought that my new patrons would probably get tired of my manner of writing before very long. What had captured them for the moment was merely a certain novelty of style. They would very soon see through it, as I ...
— The Adventure of Living • John St. Loe Strachey

... well until McNabb's ultimatum brought the Nettle River project to as sudden a termination as the armistice had brought the war. Whereupon Wentworth found himself in the uncomfortable predicament of having no available assets and many pressing liabilities, incurred in the course of his endeavor to win the good graces of the wealthy ...
— The Challenge of the North • James Hendryx

... banks has but a limited circumference for its circulation, and in the course of a very few days the depositors and note holders might demand from such a bank a sufficient amount in specie to compel it to suspend, even although it had coin in its vaults equal to one-third of its immediate liabilities. And yet I am not aware, with the exception of the banks of Louisiana, that any State bank throughout the Union has been required by its charter to keep this or any other proportion of gold and silver compared with the amount of its combined circulation and deposits. What has been the consequence? ...
— A Compilation of the Messages and Papers of the Presidents - Section 4 (of 4) of Volume 5: James Buchanan • James D. Richardson

... true of South Carolina. For, though it was an independent State before the Constitution was adopted, its citizens voluntarily yielded up that position, and became subject to the Federal Government, claiming the privileges and assuming the liabilities of a higher citizenship. And if, by reason of its rebellion, their State Government has forfeited its claim upon them, and its right to rule over them, they owe no allegiance to any except the Government of the ...
— Atlantic Monthly, Vol. 12, August, 1863, No. 70 - A Magazine of Literature, Art, and Politics • Various

... besieged by interviewers. Reporters, anxious to give the full benefit of the sad disaster to the clamoring public, who must know to a farthing the amount of the liabilities, ...
— Marguerite Verne • Agatha Armour

... then promote your interest, it is because they are not alive to their own. It is to the advantage of creditors to aid their debtors. Caesar owed more than a million of dollars before he obtained his first public employment, and at a later period his liabilities exceeded his assets by ten millions. His creditors constituted an important constituency, and doubtless ...
— The Atlantic Monthly , Volume 2, No. 14, December 1858 • Various

... the decease of Mr. Montague, in 1847, Mr. James bought all his interest in the Works and became the sole lessee, until the year 1854, when he purchased from Mr. Protheroe the fee of the property, together with all the liabilities of the lease. Since that time the two furnaces have been occasionally worked together, under the superintendence of Mr. Greenham, one of the proprietors, the firm still continuing as "The Forest of Dean Iron Company." They ...
— Iron Making in the Olden Times - as instanced in the Ancient Mines, Forges, and Furnaces of The Forest of Dean • H. G. Nicholls

... human interests are identical—yours and mine; our paths not far apart; we have the same loves, the same hates, the same hopes, the same desires; a common origin, a common need, a common destiny. Our moral responsibilities are equal, our civil liabilities not less than yours, our social and industrial exactions equally as stringent as yours, and yet—O, crowning shame of the nineteenth century!—we are denied the garb of citizenship. ...
— The History of Woman Suffrage, Volume IV • Various

... about twenty-five pounds, but she had already paid away the bulk of it for fresh advertising. She was once more calm and business-like, despite that their funds were exhausted, and besides various liabilities there were the salaries and wages to be paid at the end of the week. As yet, however, nobody about the house had any suspicion of the emptiness of ...
— Cleo The Magnificent - The Muse of the Real • Louis Zangwill

... additional sanction to the law itself and brand any deliberate infraction of it not merely as a wrong, but as a disgrace. A man of true honor protects the unwritten word which binds his conscience more scrupulously, if possible, than he does the bond a breach of which subjects him to legal liabilities, and the United States, in aiming to maintain itself as one of the most enlightened nations, would do its citizens gross injustice if it applied to its international relations any other than a high standard of honor and morality. ...
— Compilation of the Messages and Papers of the Presidents - Volume 8, Section 2 (of 2): Grover Cleveland • Grover Cleveland

... extraordinary issues of banknotes, the increase of deposits, as a result of quintupling the loans, means that former commitments in goods and securities cannot be liquidated. That is, the enormous increase of bank liabilities, to a considerable and unknown percentage, is not supported by liquid assets. These assets are "canned." Will they keep sweet? There is no new business, no foreign trade, sufficient to take up old obligations and renew those which are unpayable. Lessened incomes mean lessened consumption ...
— New York Times Current History: The European War, Vol 2, No. 1, April, 1915 - April-September, 1915 • Various

... peril, and men and money were voted to defend it. "So the order was given for distant peoples to be attacked, English blood to be spilled, the burdens of the people, already too heavy, to be swollen, and the future liabilities of this country ...
— The Grand Old Man • Richard B. Cook

... mean to tell me that your liabilities were more than twenty-five thousand francs?" said du Portail, in a tone ...
— The Lesser Bourgeoisie • Honore de Balzac

... have seen some of the subtleties of the Common Law, which were spread over this country, swept away. There is hardly anybody anywhere who now adheres to the doctrine that a married woman can not make a contract, and that she has no rights or liabilities except those which are centered in her husband. Even the old Common-Law maxim that "husband and wife are one, and that one the husband," has been largely modified under the influence of these patriotic, earnest ladies who have taken hold of this question and enlightened ...
— The History of Woman Suffrage, Volume IV • Various

... subject of Susan's will, and in spite of all I could say to the contrary, insisted that he had no legal right to this money, and that I had. He said he hoped that it would help to relieve us from some of the petty economies now rendered necessary by Ernest's struggle to meet his father's liabilities. Instantly my idol was rudely thrown down from his pedestal. How could he reveal to Dr. Cabot a secret he had pretended it cost him so much to confide to me, his wife? I could hardly restrain tears of shame and vexation, but did control myself so far as to say that I would sooner die than appropriate ...
— Stepping Heavenward • Mrs. E. Prentiss

... sentiment than morning. The rising sun calls for activity, the setting sun for reflection. As the sun sets, as work ceases and the busy day merges into the quiet night the soul begins to take account of its gains and losses, its assets and liabilities. The dying day also conveys a sense of insecurity, of approaching death and the need for pardon and protection. All these sentiments, so different from the hopes and prospects of the morning, are wonderfully portrayed in Kingo's evening hymns, ...
— Hymns and Hymnwriters of Denmark • Jens Christian Aaberg

... Edwardes. Most particularly I want to learn their points of greatest vulnerability. I must have lists of those securities in which, directly or indirectly, they are most vitally interested and the exact nature and extent of all their liabilities." ...
— Destiny • Charles Neville Buck

... Henri, I bid you farewell in the spirit of a man. Misfortune has come. No matter what the cause, it is here. I strip to meet it. Poverty and Natalie are two irreconcilable terms. The balance may be close between my assets and my liabilities, but no one shall have cause to complain of me. But, should any unforeseen event occur to imperil my ...
— The Marriage Contract • Honore de Balzac

... Hotel with tears in his eyes, talking about what Miss Howe had done for him, and gave unnecessary backsheesh to coolies who brought him small bills—so long, that is, as they were the small bills of this season. When they had reference to the liabilities of a former and less prosperous year he waved them away with a bitter levity which belonged to the same period. His view of his obligations was strictly chronological, and in taking it he counted, like the poet, only happy hours. The bad debt and the ...
— The Path of a Star • Mrs. Everard Cotes (AKA Sara Jeannette Duncan)

... licence. All keepers of hotels, coffee or eating houses, &c., are bound to keep their kitchen "battery" well tinned inside, under a heavy penalty of 3l. 10s. for every utensil which may be found insufficiently tinned, besides any further liabilities to which they may be subject for accidents arising from neglect thereof. Every shop is obliged to keep a vessel with water at the threshold of the outer door, to assist in avoiding hydrophobia. All houses that threaten to tumble down must be rebuilt, ...
— Lands of the Slave and the Free - Cuba, The United States, and Canada • Henry A. Murray

... the termination of the War, the United States Government, claiming to be the successor of the Confederate Government, seized all its property which could be found, both at home and abroad. I have not heard of any purpose to apply these assets to the payment of the liabilities of the Confederacy, and, therefore, have been at a loss to account for the demand which has lately been made for the ...
— The Americanization of Edward Bok - The Autobiography of a Dutch Boy Fifty Years After • Edward William Bok

... Saviour's) near the church. They will accommodate about 400 scholars, and will, it is expected, be ready by the end of the present year. The entire cost of the church, parsonage house, &c., has been about 10,000 pounds; and not more than 50 pounds will be required to clear off all the liabilities thus far incurred. ...
— Our Churches and Chapels • Atticus

... Edinburgh, residing there long enough to establish, in 1754, 'The Select Society.' He grows wealthy too. Poor Allan Ramsay, senior, dies much in debt in 1757; the painter takes upon himself his father's liabilities, and pensions his unmarried sister, Janet Ramsay, who survived to 1804. He is possessed, it is said, of an independent fortune to the amount of L40,000; and this before the accession of King George the Third, and his extraordinary patronage of ...
— Art in England - Notes and Studies • Dutton Cook

... been dispatched to London in order to learn chauffeur's work; for Toffy had decided, after working the matter out to a fraction, that a considerable saving could be effected in this way. His debts to the garage were being duly entered amongst Toffy's liabilities at this moment as he lay on the sofa in the vast ...
— Peter and Jane - or The Missing Heir • S. (Sarah) Macnaughtan

... State bankruptcy at Paris, when two-thirds of the existing liabilities were practically expunged, sharpened the desire of the Directory to compass England's ruin, an enterprise which might serve to restore French credit and would certainly engage those vehement activities of Bonaparte that could ...
— The Life of Napoleon I (Volumes, 1 and 2) • John Holland Rose

... President detailed the business of the organization for the past year, referring but briefly to the facts which had led up to the resignation of the four directors. The Shareholders' Auditor followed with the balance sheet, giving detailed accounts of receipts, expenditures, assets and liabilities; he answered all questions asked. Then came a resolution, expressing the thanks of the shareholders to the President—and this moment was chosen by the leader of the ...
— Deep Furrows • Hopkins Moorhouse

... for nearly twenty years, which has been compelled to pay many millions of dollars to abutting property owners for the easement in the public streets appropriated by the construction and maintenance of the road, and still the amount that the road will have to pay is not ascertained. What liabilities will be imposed upon the city under this contract; what injury the construction and operation of this road will cause to abutting property, and what easements and rights will have to be acquired before the road can be legally constructed and operated, ...
— The New York Subway - Its Construction and Equipment • Anonymous

... thus to the titles and estates of his predecessor, he succeeded also to his liabilities, debts, and engagements. Among these was the trial against me for five hundred thousand francs. Cosse felt so thoroughly that he owed his rank to me, that he offered to give me five hundred thousand francs, so as to indemnify me against an adverse ...
— The Memoirs of Louis XIV., His Court and The Regency, Complete • Duc de Saint-Simon

... that she thought in two years of hard work we might—that is, my father and myself—earn enough to enable us to live in the south of France. This monstrous theater and its monstrous liabilities will banish us all as it did my uncle Kemble. But that I should be sorry to live so far out of the reach of H——, I think the south of France would be a pleasant abode: a delicious climate, a quiet existence, a less artificial state of society and ...
— Records of a Girlhood • Frances Anne Kemble

... moderate showers. The crop that remains is not so productive ordinarily in the vat, as that obtained from spring sowings, and some think the quality of the produce inferior. But there is no expense of cultivation, and the liabilities of the crop to failure are such a discouragement to cost and labor in rearing it, that the October sowing is followed by most planters who can obtain suitable land. The second period of sowing is the spring, with ...
— The Commercial Products of the Vegetable Kingdom • P. L. Simmonds

... the union, she had a debt of nearly 2,000,000,000 florins, while Belgium's debt was much smaller (30,000,000). The latter was, nevertheless, obliged to bear half of the total liabilities and the heavy taxes rendered necessary by the king's enterprising policy. Besides, in the distribution of such taxes the interests of Belgium, still almost entirely agricultural, were sacrificed to those of commercial Holland. The latter ...
— Belgium - From the Roman Invasion to the Present Day • Emile Cammaerts

... made a corporation, by the name of the Groton Hotel Company, for the purpose of erecting, in the town of Groton, buildings necessary and convenient for a public house, with all the powers and privileges, and subject to all the liabilities, duties, and restrictions, set forth in the forty-fourth chapter ...
— The Bay State Monthly, Vol. 1, Issue 1. - A Massachusetts Magazine of Literature, History, - Biography, And State Progress • Various

... natural, as his visits were so short. In the merchant's chamber, however, were many books and papers. On the little square table was a long slip of foolscap covered with complex figures. It appeared to be a statement of his affairs, in which he had been computing the liabilities of the firm. By the side of it was a small calf-bound diary. The inspector glanced over one of the pages and uttered an exclamation of disgust. "Here are some pretty entries," he cried. "'Feel the workings of grace within ...
— The Firm of Girdlestone • Arthur Conan Doyle

... of the revolution designated at the time, the Saint Bartholomew of property, was only the Saint Bartholomew of abuses. It swept away the rubbish of feudalism; it delivered persons from the remains of servitude, properties from seigneurial liabilities; from the ravages of game, and the exaction of tithes. By destroying the seigneurial courts, that remnant of private power, it led to the principle of public power; in putting an end to the purchasing posts in the magistracy, it threw ...
— History of the French Revolution from 1789 to 1814 • F. A. M. Mignet

... must cease. Each party must rest altogether on its own resources. It was therefore absolutely necessary to ascertain what resources each party possessed, to bring the long and intricate account between them to a close, and to assign to each a fair portion of assets and liabilities. There was vast property. How much of that property was applicable to purposes of state? How much was applicable to a dividend? There were debts to the amount of many millions. Which of these were the debts of the government that ruled at Calcutta? Which ...
— The Miscellaneous Writings and Speeches of Lord Macaulay, Vol. 4 (of 4) - Lord Macaulay's Speeches • Thomas Babington Macaulay

... spirit. Peter is man: the soul of Peter, after separation, is man no longer; but Peter is not one person, and Peter's soul out of the body another person; there is but one person there, with one personal history and liabilities. The soul of Peter is Peter still: therefore the person Peter, or he who is Peter, attains to happiness, but not the man Peter, as man, apart from the supernatural privilege of the resurrection. Hence Aristotle well said, though he failed ...
— Moral Philosophy • Joseph Rickaby, S. J.

... necessary to take actual figures of last three years, which show an average of 164 pounds. It is difficult to say how much of this will be net profit after making allowance for estimated rental of professional premises and other liabilities, but let us give the Inland Revenue the benefit of the doubt and say 50%. 50% of 164 is 82 (2) Ditto, Occasional literature. (This is a fluctuating stipend, at the figure of (circa) 35. But one's inspiration gets exhausted. ...
— Punch, or the London Charivari, May 27, 1914 • Various

... characters scenes historical situations and adventures. In 1826, he became bankrupt, in consequence of a partnership with a printer and publisher, and, although fifty-five years old, he undertook the heroic task of discharging his heavy pecuniary liabilities by the productions of his pen. In six years of intense literary labor, he nearly accomplished his noble object, but before he reached the goal, he sank exhausted on the course. "In the portion of his life, from his bankruptcy to his death," says Mr. Hillard, "Scott's character ...
— The American Union Speaker • John D. Philbrick

... "The liabilities of the estate," continued the notary, "exceeded the assets. But I was able to effect a settlement with the creditors in ...
— The Crime of Sylvestre Bonnard • Anatole France

... which is not very long to a man if he can start just as soon as he passes the entrance and can build on no intervening lay-off by getting on the wrong side of the boss. But when we offset with our liabilities, such as tobacco money, moving picture money, car fare, gasoline, rent, taxes, repairs to the auto, and other trifling incidentals such as food and clothing, we find at the end of the lunar excursion that there is no balance to salt down on the ...
— Skookum Chuck Fables - Bits of History, Through the Microscope • Skookum Chuck (pseud for R.D. Cumming)

... Dutton, though reserving his judgment till the books should have been thoroughly examined and the liabilities completely understood, was evidently inclined to believe that things had gone too far, and that the names of Greenleaf and Egremont could only be preserved from actual dishonour by going into ...
— Nuttie's Father • Charlotte M. Yonge

... connected with the changing purchasing power of money. This is, in ordinary times, the business man's habit. He considers his capital intact if the number of dollars invested originally in his business still appears on his inventory as representing the net surplus of his assets over his liabilities. If a currency were undergoing rapid inflation, a fixed amount of invested money would represent a shrinking stock of capital goods. This stock would last always, but would grow smaller by a true standard of measurement. All that we are at present interested in knowing is that practical ...
— Essentials of Economic Theory - As Applied to Modern Problems of Industry and Public Policy • John Bates Clark

... books I lent to him I know to this day by their colour and the smell of tobacco. I wrote to his mother regularly, and consulted with his good friend, Mr. Waterhouse, over what was best to be done. One bad outburst he had when he had got some money through me to pay off liabilities. I recollect his penitent, despairing confession, with the ...
— An Autobiography • Catherine Helen Spence

... were from the midst of life. Living among the bastards they had left, this last of the Villacourts was looked up to in the forest as the chieftain of a clan until 1854, when the game laws came into force. All the regulations and the supervision, the trials, fines, confiscations, and liabilities connected with the chase, which had now become his very life, and the fear of giving way to his anger some day and of putting a bullet into one of the keepers, disgusted him with this part of the world, with France, ...
— Rene Mauperin • Edmond de Goncourt and Jules de Goncourt

... "We overdrew the account ourselves, a fortnight ago, to meet one of his pressing liabilities. We hold a little; and, had he lived a week or two longer, the autumn rents would have been paid in—though they must have been as quickly ...
— East Lynne • Mrs. Henry Wood

... addition to the debts of the entailed estates, contracted other liabilities on his own account, and finding himself much hampered in consequence, he tried, but failed, to break the entail, although a flaw has been discovered in it since, and Sir Kenneth, the present Baronet, having called the attention of the Court to it, the ...
— History Of The Mackenzies • Alexander Mackenzie

... at the funeral, the object of that solicitous congratulation which embodies the secret sigh of relief of friends, neighbours, and relatives at the removal of a prospective burden. Natsume had left behind him a wife, an old mother, an infant child, and huge liabilities. To administer this legacy—and perhaps to get rid of her mother-in-law—the wife had promptly and tearfully sacrificed her status, and sold herself for a term of years to the master of the Sagamiya, a pleasure house at Shinagawa post town. The sum paid—one ...
— The Yotsuya Kwaidan or O'Iwa Inari - Tales of the Tokugawa, Volume 1 (of 2) • James S. De Benneville

... annual meeting of the stockholders of Horse's Neck to be held the following week at Wilmington, Delaware, and could avail themselves of the right to have their equity assessed under the laws of Delaware, but as the liabilities practically equaled the present value of the property that equity would naturally be ...
— Tutt and Mr. Tutt • Arthur Train

... parishes, the powers, duties, and liabilities of the Vestry except (i) so far as relates to the affairs of the Church or to Ecclesiastical Charities, or (ii) any power, duty, or liability, transferred by this Act from the Vestry to any other authority ...
— Churchwardens' Manual - their duties, powers, rights, and privilages • George Henry

... principal incentive. Oh! that any muse should be set upon a high stool to cast up accounts and balance a ledger! Yet so it is; and the popular author finds it convenient to fill up the declared deficit, and place himself in a position the more effectually to encounter those liabilities which sternly assert themselves contemporaneously and in contrast with the careless and free-handed tendencies of the season by the emission of Christmas books—a kind of literary assignats, representing to the emitter expunged debts, ...
— The Christmas Books • William Makepeace Thackeray

... great mention of bogus bonds, bad investments, liabilities and assets and personal estates, and of a thing called an official assignee—whatever that is—voluntary sequestration, and a jargon of such terms that were enough to mither ...
— My Brilliant Career • Miles Franklin

... scornfully. "Baron von Altenstein, the minister of finance, is not of your opinion," she said. "The king asked him to suggest measures by which the liabilities we had incurred might be discharged. But Altenstein replied that he did not know of any, and he then proposed to the king to pay the debt by ceding the province ...
— Napoleon and the Queen of Prussia • L. Muhlbach

... government sinecure (they were plenty enough in those days!) which might fall vacant. In firm and foolish expectation of this, he lived far beyond his little professional income—lived among rich people without the courage to make use of them as a poor man. It was the old story: debts and liabilities of all kinds pressed heavy on him—creditors refused to wait—exposure and utter ruin threatened him—and the prospect of the sinecure was still as ...
— Basil • Wilkie Collins

... determination not to invite him to take a seat. Why had he come? It was wrong for him to come. Morris was embarrassed, but Catherine gave him no help. It was not that she was glad of his embarrassment; on the contrary, it excited all her own liabilities of this kind, and gave her great pain. But how could she welcome him when she felt so vividly that he ought not to have come? "I wanted so much—I was determined," Morris went on. But he stopped again; it was not ...
— Washington Square • Henry James

... literature testifies to the hazards that attend the morning of our existence; and daily experience and observation, certainly, corroborate the testimony. It becomes necessary, therefore, to guard the human soul against these liabilities which attend it in its forming period. And, next to a deep and all-absorbing love of God, there is nothing so well adapted to protect against sudden surprisals, as a profound and definite ...
— Sermons to the Natural Man • William G.T. Shedd



Words linked to "Liabilities" :   payables, charge, plural, accounts payable, tax liability, plural form, deficit, debt, possession



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