New Orleans Louisiana Demand Bond

State:
Multi-State
City:
New Orleans
Control #:
US-00415BG
Format:
Word; 
Rich Text
Instant download

Description

A Bond is a document with which one party promises to pay another within a specified amount of time. The term "demand" means that the principal plus any interest is due on demand by the bondholder rather than on a specific date. Bonds are used for many things, including borrowing money or guaranteeing payment of money. A bond can be given to secure performance of particular obligations, including the payment of money, or for purposes of indemnification. The validity of a "private" bond, payable upon demand, is determined by the same principles applicable to contracts generally. The purpose of the bond must not be contrary to public policy; it must be supported by a valuable consideration; and there must be a clear designation of the obligor and the obligee. A bond procured through fraud or duress may be unenforceable, but mistake on the part of the obligor as to the contents of a bond, or its legal effect, is not a defense to enforcement of the bond.

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FAQ

An important river trade port, it was the headquarters of the community of merchants frequenting the Loire. It was the capital of the Kingdom of France during the Merovingian period and played an important role in the Hundred Years' War, particularly known for the role of Joan of Arc during the siege of Orleans.

From Mardi Gras to Halloween and Everything in Between. When you think of New Orleans, several things immediately come to mind: spicy Cajun and Creole cuisine, a vibrant cocktail culture, live music pouring out of clubs every night of the week, and one-of-a-kind museums and attractions.

What is New Orleans famous for? A true melting pot of cultures, New Orleans has a wealth of unique heritage and proud traditions. It is best known for its music, vibrant nightlife, numerous festivals, Creole and Cajun food, and colonial architecture.

La Nouvelle Orleans was named in honor of the Duke of Orleans, France's ruling regent until the young Louis XV could take the throne, but the French name was also chosen to encourage French settlers who would have balked at coming to a place with an Indian name like Biloxi or Natchitoches. French History in New Orleans neworleans.com ? multicultural ? cultures neworleans.com ? multicultural ? cultures

New Orleans is world-renowned for its distinctive music, Creole cuisine, unique dialects, and its annual celebrations and festivals, most notably Mardi Gras. The historic heart of the city is the French Quarter, known for its French and Spanish Creole architecture and vibrant nightlife along Bourbon Street.

Whether you're a life-long local or you're in town for your first visit to The Big Easy, there are plenty of things to explore for every taste and preference. French Quarter Phantoms has been voted Voted #1 in New Orleans & America's Top Ten for over 8 years in a row, so we know a thing or two about our city!

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New Orleans Louisiana Demand Bond