First seizure rule
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 58 U.S. 471 - Zachary Pulliam v. Alexander Osborne Administrator of Samuel Woodward · 1854Most cited · 36 citing opinions
The liens were, consequently, co-ordinate or equal; and, in such cases, the tribunal which first acquires possession of the property, by the seizure of its officer, may dispose of it so as to vest a title in the purchaser, discharged of the claims of creditors of the same grade.