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Pool

Bouvier's Law Dictionary and Concise Encyclopedia · John Bouvier; revised by Francis Rawle · 1914

Bouvier's Law Dictionary and Concise Encyclopedia

A small lake of standing water. By the grant of a pool, it is said both land and water will pass; Co. Litt. 5. doubtedly the right to fish, and probably right to use hydraulic works, will be quired by such grant; Bullen v. Runnels, N. H. 250, 0 Am. Dec. 55; Co. Litt. 5; Abr. Grants (H 3); Com. Dig. Grant (E Jackson v. Halstead, 5 Cow. (N. Y.) Cro..Tae. 150. See Bake. A combination of stakes, the money rived from which goes to the winner. v. Ferry, 146 Mass. 203, 15 N. E. 484. Gaming; Horse Race. A commercial term used to indicate a tract between two competing railroad panies, whereby they agree to divide their earnings over and above the amounts required for the payment of operating penses. See Restraint of Trade. As a business term the word “pool,” used in the phrase “real estate pool,” no more than that certain individuals engaged in dealing in real estate as a modity of traffic. Kilbouru v. Thompson, 103 U. S. 195, 26 L. Ed. 377.