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trade fixture

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 27 U.S. 137 - John Van Ness v. Perez Pacard · 1829Most cited · 120 citing opinions

If the house were built principally for a dwelling house for the family, independently of carrying on the trade, then it would doubtless be deemed a fixture, falling under the general rule, and immovable. But if the residence of the family were merely an accessory for the more beneficial exercise of the trade, and with a view to superior accommodation in this particular, then it is within the exception.