Latin, meaning Long possession produces the right of possession and takes away from the true owner his action. … [Read more...]
LOG-ROLLING
A mischievous legislative practice, of embracing in one bill several distinct matters, none of which, perhaps, could singly obtain the assent of the legislature, and then procuring its passage by a combination of the minorities in favor of each of the measures into a majority that will adopt them all. Walker v. Griflith, 60 Ala. 369; Com. v. Barnet, 199 Pa. 161, 48 Atl. 976, 55 … [Read more...]
LOOKOUT
A proper lookout on a vessel is some one in a favorable position to see, stationed near enough to the helmsman to communicate with him, and to receive communications from him, and exclusively employed in watching the movements of vessels which they are meeting or about to pass. The Genesee Chief v. Fitzhugh, 12 How. 462, 13 L. Ed. 1058. … [Read more...]
LOGS
Stems or trunks of trees cut into convenient lengths for the purpose of being afterwards manufactured into lumber of various kinds; not including manufactured lumber of any sort, nor timber which is squared or otherwise shaped for use without further change in form. Kolloch v. Pareher, 52 Wis. 393, 9 N. W. 67. And see Haynes v. Hayward, 40 Me. 148; State v. Addington, 121 N. C … [Read more...]
LOOPHOLE
An unintentionally ambiguous area of a law, statute or contract which allows for a person or party to conduct an activity that was either not intended to occur or which may not have been considered and which is usually only to the beenfit of one party. … [Read more...]