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Statute Merchant

Defined in 8 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Kinney (1893), Anderson (1889), Stimson (1881), Bouvier (1839)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

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.

Ballentine's Law Dictionary

James A. Ballentine · 1916

A conveyance of a merchant’s lands to his creditor to secure his debt out of the rents and profits thereof.

Bouvier's Law Dictionary and Concise Encyclopedia

John Bouvier; revised by Francis Rawle · 1914

A security entered before the Mayor of London, or some chief warden of a city, in pursuance of 13 Ed. I. stat. 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. 2 Bla. Com. 160. It is acknowledged before the court; Ames, Lect. Leg. Ilist. 102.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In English law. A security for a debt acknowledged to be due, entered into bsfore the chief magistrate of some trading town, pursuant to the statute 13 Edw. I. De Mercatoribus, by which not only the body of the debtor might be imprisoned, and his goods seized in satisfaction of the debt, but also his lands might be delivered to the creditor till out of the rents and profits of them the debt be satisfied. 2 Bl. Comm. 160. Now fallen into disuse. 1 Steph. Comm. 287. See Yates v. People, 6 Johns. (N. Y.) 404.

Defined under Statute in Black's Law Dictionary.

A Law Dictionary and Glossary

George C. Kinney · 1893

In English law. A security for a debt, entered into before the chief magistrate of some trading town, by which the body of the debtor might be imprisoned, and his goods seized in satisfaction of the debt, and his lands might be delivered to the creditor till out of the rents and profits the debt might be satisfied. Statutestaple: a like security entered into before the mayor of the staple.

A Dictionary of Law

William C. Anderson · 1889

STATUTE-

Glossary of Technical Terms, Phrases, and Maxims of the Common Law

Frederic Jesup Stimson · 1881

A bond or acknowledgment of debt entered into by a debtor before the chief magistrate of some trading town, by which the debtor's goods and lands might be seized and his body imprisoned; authorized by the statute De Mercatoribm. A Statute-staple is a similar bond acknowledged before the mayor of the Steele, authorized by the 27 Edw. III. c. 9. Eor other statutes, see their titles.

A Law Dictionary, Adapted to the Constitution and Laws of the United States

John Bouvier · 1839

tx the English law, is a security entered before the mayor of London, or some chief warden of a city, in pursuance of 13 Edw. I. stat. 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. t. 14, s. 7; 2 Bl. Com. 160.