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Terms Used In 21 Guam Code Ann. § 29195

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
registered owner or other person in interest or the registrar, may at any time apply by petition to the court, upon the ground that registered interests of any description, whether vested, contingent, expectant, or inchoate, have terminated and ceased, or that new interests have arisen or been created which do not appear upon the certificates or that any certificate or memorial has been made, entered, endorsed, issued or cancelled by mistake, or that the name of any person on the certificate has been changed by divorce, adoption, or other than by marriage as provided for in § 29129 of this Code, or that an owner, registered as married, has ceased to be such, or that a corporation which owned registered
land has been dissolved and has not legally conveyed the same
after its dissolution, or upon any other reasonable ground, for an order summoning all persons registered as interested in the lands
to which such certificate or memorial relates, to appear at an
appointed time and place and produce their duplicate certificates and show cause why such omission or mistake or change or alteration should not be corrected or made. The registrar shall, upon receiving notice of such petition, enter a memorial of such application under the certificate of title affected.
If at the time and place appointed all such persons appear and consent, the court may order the entry of a new certificate, the entry for cancellation of a memorandum upon a certificate, or grant any other relief upon such terms, requiring security if necessary, as it may consider proper.

If such persons, or any of them, fail to appear or do not consent, the court may proceed to hear testimony and if it appearsto the satisfaction of the court that the relief as petitioned for should be granted, it shall order and direct the registrar to make such corrections or modifications on such certificates or memorials as may be necessary.
A certified copy of such order of the court shall be filed in the registrar’s office before any such corrections or modifications shall be entered or made.
Costs. When such action has been caused by the fault or neglect of the registrar, the costs of such proceedings shall be paid by the registrar out of the fees collected by the registrar under the provision of this Law; if by the fault of the person registered as interested in such land, by such person.
The provisions of this section shall not give the court authority to open the original decree of registration and nothing shall be done or ordered by the court which shall impair the title or other interest of the purchaser who holds a certificate for value and in good faith, or his heirs or assigns without his or their written consent.
SOURCE: CC ‘1157.93.