The pay to loadsmen; that is, persons who sail or row before ships, In barks or small vessels, with instruments for towing the ship and directing her course, in order that she may escape the dangers in her way. Poth. Des Avaries, no. 137. … [Read more...]
LOCAL
Relating to place; expressive of place; belonging or confined to a particular place. Distinguished from "general," "personal," and "transitory." Local act of parliament. An act which has for its object the interest of some particular locality, as the formation of a road, the alteration of the course of a river, the formation of a public market in a particular district, etc. … [Read more...]
LOADMANAGE
maritime law, contracts. The pay to loadsmen; that is, persons who sail or row before ships, in barks or small vessels, with instruments for towing the ship, and directing her course, in order that she may escape the dangers in her way. … [Read more...]
LOCAL ACTION
practice, pleadings. An action is local when the venue must be laid in the county where the cause of action arose. … [Read more...]
LIVING TRUST
Also known as an inter vivos trust which is designed to pass directly to trust beneficiaries upon the death of the person making the trust without involving the probate court. A successor trustee is a person appointed to handle the trust upon death functions to transfer the property ownership to the beneficiaries. … [Read more...]