That system of law which relates to the affairs of the sea, such as seamen, ships, shipping, navigation, and the like. … [Read more...]
MARKSMAN
In practice and conveyancing. One who makes his mark; a person who cannot write, and only makes his mark In executing instruments. Arch. N. Pr. 13; 2 Chit. 92. … [Read more...]
MARITIME LOAN
A contract or agreement by which one, who is the lender, lends to another, who is the borrower, a certain sum of money, upon condition that if the thing upon which the loan has been made, should be lost by any peril of the sea, or vis major, the lender shall not be repaid, unless what remains shall be equal to the sum borrowed; and if the thing arrive in safety, or in case it … [Read more...]
MARLBRIDGE, STATUTE OF
An English statute enacted in 1267 (52 Hen. III.) at Marlbridge, (now called "Marlborough,") where parliament was then sitting. It related to land tenures, and to procedure, and to unlawful and excessive distresses. … [Read more...]
MARITIME PROFIT
mar. law. The French writers use the term maritime profit to signify any profit derived from a maritime lean. Vide Interest maritime. … [Read more...]