Definition of Statute merchant. Meaning of Statute merchant. Synonyms of Statute merchant

Here you will find one or more explanations in English for the word Statute merchant. Also in the bottom left of the page several parts of wikipedia pages related to the word Statute merchant and, of course, Statute merchant synonyms and on the right images related to the word Statute merchant.

Definition of Statute merchant

Statute merchant
Statute Stat"ute, n. [F. statut, LL. statutum, from L. statutus, p. p. of statuere to set, station, ordain, fr. status position, station, fr. stare, statum, to stand. See Stand, and cf. Constitute, Destitute.] 1. An act of the legislature of a state or country, declaring, commanding, or prohibiting something; a positive law; the written will of the legislature expressed with all the requisite forms of legislation; -- used in distinction fraom common law. See Common law, under Common, a. --Bouvier. Note: Statute is commonly applied to the acts of a legislative body consisting of representatives. In monarchies, legislature laws of the sovereign are called edicts, decrees, ordinances, rescripts, etc. In works on international law and in the Roman law, the term is used as embracing all laws imposed by competent authority. Statutes in this sense are divided into statutes real, statutes personal, and statutes mixed; statutes real applying to immovables; statutes personal to movables; and statutes mixed to both classes of property. 2. An act of a corporation or of its founder, intended as a permanent rule or law; as, the statutes of a university. 3. An assemblage of farming servants (held possibly by statute) for the purpose of being hired; -- called also statute fair. [Eng.] Cf. 3d Mop, 2. --Halliwell. Statute book, a record of laws or legislative acts. --Blackstone. Statute cap, a kind of woolen cap; -- so called because enjoined to be worn by a statute, dated in 1571, in behalf of the trade of cappers. [Obs.] --Halliwell. Statute fair. See Statute, n., 3, above. Statute labor, a definite amount of labor required for the public service in making roads, bridges, etc., as in certain English colonies. Statute merchant (Eng. Law), a bond of record pursuant to the stat. 13 Edw. I., acknowledged in form prescribed, on which, if not paid at the day, an execution might be awarded against the body, lands, and goods of the debtor, and the obligee might hold the lands until out of the rents and profits of them the debt was satisfied; -- called also a pocket judgment. It is now fallen into disuse. --Tomlins. --Bouvier. Statute mile. See under Mile. Statute of limitations (Law), a statute assigned a certain time, after which rights can not be enforced by action. Statute staple, a bond of record acknowledged before the mayor of the staple, by virtue of which the creditor may, on nonpayment, forthwith have execution against the body, lands, and goods of the debtor, as in the statute merchant. It is now disused. --Blackstone. Syn: Act; regulation; edict; decree. See Law.

Meaning of Statute merchant from wikipedia

- Statute merchant and statute staple are two old forms of security, long obsolete in English practice, though references to them still occur in some modern...
- The statute of frauds refers to the requirement that certain kinds of contracts be memorialized in writing, signed by the party to be charged, with sufficient...
- The Statute of Monopolies was an Act of the Parliament of England notable as the first statutory expression of English patent law. Patents evolved from...
- The Merchant Marine Act of 1920 is a United States federal statute that provides for the promotion and maintenance of the American merchant marine. Among...
- The Alien Tort Statute (28 U.S.C. § 1350; ATS), also called the Alien Tort Claims Act (ATCA), is a section of the United States Code that reads: "The...
- found in the Merchant Shipping Act 1995. Merchant Shipping Act The text of the statute as amended and (not) in force today from the Statute Law Database...
- economic crisis caused by the Black Death. The staple towns named in the statute were at Newcastle upon Tyne, York, Lincoln, Norwich, Westminster, Canterbury...
- repeated the exercise in 1297, this time confirming it as part of England's statute law. The charter became part of English political life and was typically...
- College, it is also famous for an early meeting of Parliament where the Statute merchant was p****ed in 1283. The po****tion at the 2011 census was 544. The...
- recording statute. Three varieties of recording statutes exist: 1) Race statutes, 2) Notice statutes, and 3) Race-Notice statutes. A race statute will divest...
Loading...