Precarious
Defined in 3 dictionaries — Bouvier (1914), Black's (1910), Abbott (1879)
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
The affairs of an executor are precarious only when conducted with such recklessness as in the opinion of prudent and discreet men endangers their security. Shields v. Shields, 60 Barb. (N. Y.) 56.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Liable to be returned or rendered up at the mere demand or request of another; hence held or retained only on sufferance or by permission; and by an extension of meaning, doubtful, uncertain, dangerous, very liable to break, fail or terminate.
— Precarious circumstauces. The circumstances of an executor are precarious, within the meaning and intent of a statute, only when his character and conduct present such evidence of improvidence or recklessnss in the management of the trust-estate, or of his own. as in the opinion of prudent and discreet men endangers its security. Shields v. Shields, 60 Barb. (N. Y.) 56.
— Precarious loan. A bailment by way of loan which is not to continue for any fixed time, but may be recalled at the mere will and pleasure of the lender.
— Precarious possession. In modem civil law, possession is called "precarious" which one enjoys by the leave of another and during his pleasure. Civ. Code La. 1900, art. 3556.
— Precarious right. The right which the owner of a thing transfers to another, to enjoy the same until it shall please the owner to revoke it.
— Precarious trade. In international law. Such trade as may be carried on by a neutral between two belligerent powers by the mere sufferance of the latter.
Dictionary of Terms and Phrases Used in American or English Jurisprudence
Benjamin Vaughan Abbott · 1879
Revocable rights are called precarious. A right to use a thing which the owner has given to another, to be withdrawn whenever the owner pleases, is called a precarious right. Precarious loan is a bailment which the owner may recall at will. Precarious trade is that which, by sufferance of two nations at war, a neutral may carry on between them. The circumstances of an executor are "precarious" only when his conduct and character present such evidence of improviopinion of prudent and discreet men, endanfers its security. Shields v. Shields, 60 (a?*. 56.