\mˈɜːt͡ʃənts pɹˈɪvɪlɪd͡ʒ], \mˈɜːtʃənts pɹˈɪvɪlɪdʒ], \m_ˈɜː_tʃ_ə_n_t_s p_ɹ_ˈɪ_v_ɪ_l_ɪ_dʒ]\
Definitions of MERCHANT'S PRIVILEGE
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By Henry Campbell Black
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- Tilings capable of being inherited, be it corporeal or incorporeal,real, personal, mixed, and including not only lands everything thereon, but alsolieir-looms, certain furniture which, by custom, may descend to the heir togetherwith (he land. Co. Litt. 5b; 2 Bl. Comm. 17; Nell is v. Munson, 108 N. Y. 453, 15 E.730; Owens Lewis, 40 Ind. 508, Am. Rep. 205; Whitlock Greacen. 4S J. Eq.350. 21 Atl. 944; Mitchell Warner, 5 Conn. 407; New York Mabie, 13 150, 04Am. Dec. 53S. Estates. Anything capable of being inherited, be it corporeal or incorporeal, real, personal, mixed and including not only lands everything thereon, but also heir looms, certain furniture which, by custom, may descend to the heir, together with land. Co. Litt. 5 b; 1 Tho. 219; 2 Bl. Com. 17. this term such things are denoted, as subject-matter inheritance, inheritance itself; cannot therefore, its own intrinsic force, enlarge an estate, prima facie a life into fee. B. & P. 251; 8 T. R. 503; 219, note Hereditaments are divided into corporeal and incorporeal. confined to lands. (q. v.) Vide Incorporeal hereditaments, Shep. To. 91; Cruise's Dig. tit. 1, s. 1; Wood's Inst.221; 3 Kent, Com. 321; Dane's Ab. Index, h.t.; 1 Chit. Pr. 203-229; 2 Bouv. Inst. n. 1595, et seq.