civil law.. The acceptance of a succession. Cretion was an act made before a magistrate, by which an instituted heir, who was required to accept of the succession within a certain time, declares within that time that he accepted the succession. Clef cles Lois Rom. h. t. 2. Cretion is also used to signify the term during which the heir is allowed to make his election to take or … [Read more...]

(A) A person or entity to whom money or a debt is owed. (B) persons, contracts. A creditor is he who has a right to require the fulfillment of an obligation or contract. 2. Creditors may be divided into personal and real. 3. The former are so called, because their claims are mainly against the person, who can reach the property of their debtors only by; virtue of the general … [Read more...]

Those persons who are employed in the navigation of a vessel. 2. A vessel to be seaworthy must have a sufficient crew. 3. In general, the master or captain has the selection of the crew. … [Read more...]

In English practice. A bill in equity, filed by one or more creditors, for an account of the assets of a decedent, and a legal settlement and distribution of his estate among themselves and such other creditors as may come in under the decree. In American practice. A proceeding to enforce the security of a Judgment creditor against the property or interests of his debtor. This … [Read more...]

A defect in horses, which consists in biting the crib while in the stable. This is not, considered as a breach of general warranty of soundness. … [Read more...]