What is APPEAL BOND? Definition of APPEAL BOND in Black's Law Dictionary
The bond given on taking an appeal, by which the appellant and his sureties are bound to pay damages and costs if he fails to prosecute the appeal with effect. Omaha Hotel Co. v. Kountze, 2 S.Ct. 911, 107 U.S. 378, 27 L.Ed. 609. A general purpose of appeal bonds is to discourage vexatious and frivolous appeals. State v. Coletti, 102 Kan. 523, 170 P. 995, 997. To protect those interested in the judgment. Richmond v. Williamson, 16 Wash.2d 194, 132 P.2d 1031, 1033.
The sole and only purpose of "appeal bond" is to stay issuance of execution until cause can be passed upon and disposed of by appellate court. State ex rel. Gnekow v. U. S. Fidelity & Guaranty Co., Mo.App., 150 S.W.2d 581, 584.
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That's the definition of APPEAL BOND in Black's Law Dictionary - Courtesy of Cekhukum.com.
