Statute Merchant

English Law: Statute Merchant in the Past

A security entered before the mayor of London or some chief warden of a city, in pursuance of 13 Ed. 1. stat. 3, c. 1, wnow 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. [1]

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Notes and References

1. Partialy, this information about statute merchant is based on the Bouvier´s Law Dictionary, 1848 edition. There is a list of terms of the Bouvier´s Law Dictionary, including statute merchant.

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This entry was last updated: November 27, 2020

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