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materialman's lien

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 74 U.S. 624 - The Belfast · 1868Most cited · 246 citing opinions

Material-men, also, who furnish materials or supplies for a vessel in a foreign port, or in a port other than a port of the State where the vessel belongs, have a maritime lien on the vessel as a security for the payment of the price of all such materials and supplies. They have such a lien because, upon the principles of the maritime law, such materials and supplies are presumed to be furnished on the credit of the vessel