STATUTE MERCHANT

1 definition found across Law Mind sources

STATUTE MERCHANTmain
Bouvier's Law Dictionary • 1928
A security entered before the Mayor of London, or some chief warden of a city, in pursuance of 13 Ed. I. stat. 3, c. 1, whereby the lands of the debtor are conveyed to the creditor till out of the rents and profits of them his debt may be satisfied. 2 Bla. Com. 160.

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