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Factors' acts

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

Th name given to several English statutes (6 Gen. IV. c. 94; 5 & 6 Viet c. 39; 40 & 41 Viet, c. 39) by which a factor is enabled to make a valid pledge of the goods, or of any part thereof, to one who believes him to be the bona fide owner of the goods.

2.

The term ls used in some of the states to denote the person who is elsewhere calied "garnishee" or "trustee."

See Factorizing Process.

3.

In Scotch law, a person appointed to transact business or manage affairs for another, but more particularly an estate-agent or one intrusted with the management of a landed estate, who finds tenants, makes leases, collects the rents, etc.