Chapter XIII. Contracts For The Benefit Of Third Persons
Description
This section is from the book "The Law Of Contracts", by Samuel Williston. Also available from Amazon: Treatise on the Law of Contracts.
Chapter XIII. Contracts For The Benefit Of Third Persons
Nature of contracts for the benefit of a third person......................... | 347 |
Property rights distinguished from contract rights.................... | 348 |
Property rights distinguished from revocable agencies...................... | 349 |
Application of foregoing principles.................................... | 350 |
Further illustrations................................................. | 351 |
Agency and contracts for the benefit of a third person.................. | 352 |
Novations................................. | 353 |
Promises to one who did not furnish the consideration..................... | 354 |
When cestui que trust can sue on contract for his benefit..................... | 355 |
Two types of case involving benefits of third persons.................... | 356 |
Contracts for the sole benefit of a third person should be enforceable...... | 357 |
A court of equity is the appropriate forum............................. | 358 |
Grounds for equitable jurisdiction.................. | 359 |
English law................... | 360 |
Contract to discharge a debt of the promise............................ | 361 |
Creditor's interest in such a promise.................................. | 362 |
Right not available for every creditor................................. | 363 |
Creditor's right derivative........................................... | 364 |
Statute........................................................... | 365 |
Massschusetts law...................... | 366 |
Law of other states......................... | 367 |
Life of other states......................... | 368 |
369 | |
Receipt of property as consideration for a promise to make a payment..... | 370 |
No distinction if promise based on other valid consideration................. | 371 |
Bonds to secure performance of building contracts or other duty.............. | 372 |
Contracts of public service corporations................................ | 372a |
Contracts for the sole benefit of inhabitants of a community................. | 373 |
Contract to perform a duty of a municipality.......................... | 375 |
Obligation of carrier in regard to mail................................. | 375 |
Telegraph company cases...................... | 376 |
Charitable subscriptions........................ | 377 |
Action by an undetermined beneficiary................................ | 378 |
Enforcement of beneficiary's right by injunction........................ | 379 |
Confusion in regard to contracts to discharge a debt.................... | 380 |
Most jurisdictions allow the creditor an action at law................... | 381 |
What amounts to an assumption of a mortgage.................. | 382 |
A mortgagee is generally allowed an action against a grantee who has assumed the mortgage..................................................... | 383 |
Enforcement in equity of the mortgagee's right against the grantee....... | 384 |
Mortgagor should be party to the suit.................. | 385 |
Successive purchases of mortgaged property....................... | 386 |
Assumption of mortgage by second mortgage................... | 387 |
Assumption of liabilities of outgoing partner............. | 388 |
Right of holder of check against bank................. | 389 |
Rights of the promise......................... | 390 |
Ground for denying recovery by the promise............... | 391 |
Recovery by the promise generally allowed................. | 392 |
Creditor's right to sue both debtor and new promisor.................. | 393 |
Defences good against the promisee good against the creditor............. | 394 |
Non-performance by promisee a good defence.......................... | 395 |
Rescission or release - sole beneficiary................ | 396 |
Fraternal benefit societies............. | 396a |
Distinction between sole beneficiary cases and others often not observed. .. | 396b |
Rescission or release - debtor and creditor cases......................... | 397 |
Statute of Limitations............................................... | 398 |
Invalidity of debt assumed....................... | 399 |
All parties should be joined............... | 400 |
Contracts under seal.............................. | 401 |
Person incidentally benefited........................................ | 402 |
Further illustrations...................... | 403 |
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