TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The act of throwing overboard from a vessel part of the cargo in case of extreme danger to lighten the ship. The same name is also given to the thing or things so cast out. Gray v. Wain 2 Serg. & It. (Pa.) 254 7 Am. Dec. 042; Butler v. Wildman 3 Barn. & Aid. 320; Baruard v. Adams 10 How. 303 13 L. Ed. 417. A carrier by water may when in case of extreme peril it is … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
In old English law. A door-keeper. Fleta, lib. 2, c. 24. In modern law. A janitor is understood to be a person employed to take charge of rooms or buildings, to see that they are kept clean and in order, to lock and unlock them, and generally to care for them. Fagan v. New York, 84 N. Y. 352. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
The casting out of a vessel, from necessity, a part of the lading; the thing cast out also bears the same name; it differs from flotsam in this, that in the latter the goods float, while in the former they sink, and remain under water; it differ; also from ligan. 2. The jettison must be made for sufficient cause, and not from groundless timidity. In must be made in a case of … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
In old English law. Small money. … [Read more...]
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.
Fr. In French law. Speculation in the public funds or in stocks; gambling speculations on the stock exchange; dealings in "options" and "futures." … [Read more...]