Law Professor

Free tenure by socage. … [Read more...] about SOCMANRY

A scheme of government aiming at absolute equality in the distribution, of the physical means of life and enjoyment It is on the continent employed in a larger sense; not necessarily implying communism, or the entire abolition of private property, but applied to any system which requires that the land and the instruments of production should be the property, not of individuals, … [Read more...] about SOCIALISM

civ. law. This is the name of a contract by which one man delivers to another, either for a small recompense, or for a part of the profits, certain animals, on condition that if any of them perish they shall be replaced by the bailer, or he shall pay their value. 2. This is a contract of hiring, with this condition, that the bailee takes upon him the risk of the loss of the … [Read more...] about SOCIDA

Latin: In the civil law. Partnership; a partnership; the contract of partnership. Inst 3, 26. A contract by which the goods or labor of two or more are united in a common stock, for the sake of sharing in the gain. Hallifax, Civil Law, b. 2, c. 18, no. 12. Socitas leonina. That kind of society or partnership by which the entire profits belong to some of the partners, in … [Read more...] about SOCIETAS

Among the Roman lawyers this term signified that kind of society or partnership by which the entire profits should belong to some of the partners in exclusion of the rest. 2. It was so called in allusion to the fable of the lion and other animals, who having entered into partnership for the purpose of hunting, the lion appropriated all the prey to himself. … [Read more...] about SOCIETAS LEONINA