place of business
Also found in: Dictionary, Thesaurus, Acronyms, Idioms.
PLACE OF BUSINESS. The place where a man usually transacts his affairs or
business. When a man keeps a store, shop, counting room or office,
independently and distinctly from all other persons, that is deemed his
place of business 3 and when he usually transacts his business at the
counting house, office, and the like, occupied and used by another, that
will also be considered his place of business, if he has no independent
place of his own. But when he has no particular right to use a place for
such private purpose, as in an insurance office, in exchange room, banking
room, a post office, and the like, where persons generally resort, these
will not be considered as the party's place of business, although he may
occasionally or transiently transact business there. 2 Pet. R. 121; 10 John.
501; 11 John. 231; 1 Pet. S. C. R. 582; 16 Pick. 392.
2. It is a general rule that a notice of the non-acceptance or non- payment of a bill, or of the non-payment of a note, may be sent either to the domicil or place of business of the person to be affected by such notice, and the fact that one is in one town and the other in the other will make no difference, and the holder has his election to send to either. A notice to partners may be left at the place of business of the firm or of any one of the partners. Story on Pr. Notes, Sec. 312.