A "put" in the language of the grain or stock market is a privilege of delivering or not delivering the subject matter of the sale; and a "call" is a privilege of calling or not calling for it Pixley Boynton, 79 111. 351. … [Read more...]
PUTS AND REFUSALS
In English law. Time-bargains, or contracts for the sale of supposed stock on a future day. … [Read more...]
PURGE DE HYPOTHQUES
Fr. In French law. An expression used to de-. scribe the act of freeing an estate from the mortgages and privileges with which it le charged, observing the formalities prescribed by law. Duverger. … [Read more...]
PURSUER
The name by which the complainant or plaintiff is known in the ecclesiastical courts, and In the Scotch law. … [Read more...]
PURLIEU
Eng. law. A space of land near a forest, known by certain boundaries, which was formerly part of a forest, but which has been separated from it. 2. The history of purlieus is this. Henry III., on taking possession of the throne, manifested so great a taste for forests that he enlarged the old ones wherever he could, and by this means enclosed many estates, which had no outlet … [Read more...]