insurance. By an article of the printed proposals which are considered as making a part of the contract of insurance it is provided, that No loss of damage by fire, happening by any invasion, foreign enemy, or any military or usurped power whatsoever will be made good by this company. Lord Chief J. Wilmot, Mr. Justice Clive, and Mr. Justice Bathurst, against the opinion of Mr. … [Read more...]
UTFANGTHEF
In Saxon and old English law. The privilege of a lord of a manor to judge and punish a thief dwelling out of his liberty, and committing theft without the same, if he were caught within the lord's jurisdiction. Cowell. … [Read more...]
USURPER
government. One who assumes the right of government by force, contrary to and in violation of the constitution of the country. … [Read more...]
UTI
Lat. In the civil law. To use. Strictly, to use for necessary purposes; as distinguished from "frui" to enjoy. Heinecc. Elem. lib. 2, tit. 4, … [Read more...]
USURY
contracts. The illegal profit which is required and received by the lender of a sum of money from the borrower for its use. In a more extended and improper sense, it is the receipt of any profit whatever for the use of money: it is only in the first of these senses that usury will be here considered. 2. To constitute a usurious contract the following are the requisites: 1. A … [Read more...]