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Statute Merchant

The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

The Cyclopedic Law Dictionary

A security enentered before the mayor of London, or some chief warden of a city, in pursuance of 13 Edw. I. St. 3, c. 1, whereby the lands of the debtor are conveyed to the creditor till out of the rents and profits of them his debt may be satisfied.' Cruise, Dig. tit.

14, § 7; 2 Bl. Comm. 160.