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Terms Used In 21 Guam Code Ann. § 29198

  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
thing in this Law shall be construed to in anywise affect or modify the exercise of the right of eminent domain.
When any suit or proceeding shall have been brought in the exercise of such right for the taking of registered land, or any interest therein, or to test the validity of any such taking or to ascertain and establish the amount of damage by reason of any such taking, it shall be the duty of both parties to the proceeding to see that a certified copy of the judgment or decree therein is duly filed and a memorial thereof entered upon the register; but, in the case of an assessment of damages, no such memorial shall be entered by the registrar until such damages have been paid, in which event however, that the deposit with the clerk of the Superior Court, of such the register shall also show the payment of such damages: provided, damages, shall be deemed a payment thereof, and in such case the clerk shall forthwith file with the registrar a certificate of such deposit, and thereupon a memorial thereof shall be entered upon the register. Upon the filing of the certified copy of the order or decree of the court and the payment of damages, the registrar shall note on the Register of Titles of the owners whose lands have been appropriated a description of the land so appropriated and shall register in the name of the person, corporation, or other body entitled thereto, the title of the land taken, and issue a certificate therefor.
SOURCE: CC ‘1157.96.