Fair
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
A public mart or place of buying and selling.
1 Bl. Comm. *274.
A greater species of market, recurring at more distant intervals. A fair is usually attended by a greater concourse of people than a market, for the amusement of whom various exhibitions are gotten up. McCulloch; Wharton. A solemn or greater sort of market, granted to any town by privilege, for the more speedy and commodious provision of such things as the subject needeth, or the utterance of such things as we abound in above our own uses and occasions. Cowell; Cunningham.
A privileged market
A fair is a franchise which is obtained by a grant from the crown.
2 Inst. 220; 3 Mod. 123; 3 Lev. 222; 1 Ld. Raym. 341; 2 Saund. 172; 1 Rolle, Abr. 106; Tomlins; Cunningham.
In the United States, fairs, in the ancient sense, are almost unknown. They are recognized in Alabama (Aik. Dig. 409, note), and in North Carolina, where they are regulated by statute (1 Rev. St. N. C. 282).