Corporation is cither aggregate, consisting of many members, or sole, consisting of one person only. It is also either civil or ecclesiastical, and the authority of a common seal is its hand and mouthpiece. The several members of a corporation and their successors constitute but one person in law.
Bonus. - A profit.
Days of Grace. - Three days, called days of grace, are added to the time of payment fixed by a bill of exchange. On life assurances thirty days of grace are allowed; on fire and burglary insurances, fitteen