Legal Term Dictionary

Arranging, ranking, or disposing in order; particularly, in the case of a group or series of conflicting claims or Interests, arranging them in such an order of sequence, or so directing the manner of their satisfaction, as shall secure justice to all persons concerned and the largest possible measure of More...

Arranging, ranking, or disposing in order; particularly, in the case of a group or series of conflicting claims or Interests, arranging them in such an order of sequence, or so directing the manner of their satisfaction, as shall secure justice to all persons concerned and the largest possible measure of satisfaction to each. See sub-titles infra. -Marshaling assets. In equity. The arranging or ranking of assets in the due order of administration. Such an arrangement of the different funds under administration as shall enable all the parties having equities therein to receive their due proportions, notwithstanding any intervening interests, liens, or other Claims of particular persons to prior satisfaction out of a portion of these funds. The arrangement or ranking of assets in a certain order towards the payment of debts. 1 Story, Eq. Jur. ? 558 ; 4 Kent, Comm. 421. The arrange* ment of assets or claims so as to secure the proper application of the assets to the various claims; especially when there are two classes of assets, and some creditors can enforce their claims against both, and others against only one, and the creditors of the former class are compelled to exhaust the assets against which they alone have a claim before having recourse to other assets, thus providing for the settlement of as many claims as possible. Pub. St. Mass. p. 1292.-Marshaling liens. The ranking or ordering of several estates or parcels of land, for the satisfaction of a judgment or mortgage to which they are all liable, though successively conveyed away by the debtor. The rule is that, where lands subject to the lien of a judgment or mortgage have been sold or incumbered by the owner at different times* to different purchasers, the various tracts are liable to the satisfaction of the lien in the inverse order of their alienation or incumbrance, the land last sold being first chargeable. 1 Black, Jud?m. % 440.-Marshaling seonrities. An equitable practice, which consists in so ranking or arranging classes of creditors, with respect to the assets of the common debtor, as to provide for satisfaction of the greatest number of claims. The process is this: Where one class of creditors have liens or securities on two funds, while another class of creditors can resort to only one of those funds, equity will compel the doubly-secured creditors to first exhaust that fund which will leave the single security of the other creditors intact. See 1 Story, Eq. Jur. % 633. Less...

In English law. A prison belonging to the king's bench. It has now been consolidated with others, under the name of the "King's Prison." -Marshalsea, oonrt of. The court of the Marshalsea had jurisdiction in actions of debt or torts, the cause of which arose within the verge of the More...

In English law. A prison belonging to the king's bench. It has now been consolidated with others, under the name of the "King's Prison." -Marshalsea, oonrt of. The court of the Marshalsea had jurisdiction in actions of debt or torts, the cause of which arose within the verge of the royal court. It was abolished by St. 12 & 13 Vict. c. 101. 4 Steph. Comm. 317, note d. Less...

A place of public traffic or sale.

A place of public traffic or sale. Less...

Lat To run by its own force. A term applied in the civil law to a suit when it ran Its course to the end without any impediment Calvin.

Lat To run by its own force. A term applied in the civil law to a suit when it ran Its course to the end without any impediment Calvin. Less...

A system of law, obtaining only in time of actual war and grow- ing out of the exigencies thereof, arbitrary in its character, and depending only on the will of the commander of an army, which is established and administered in a place or district of hostile territory held in More...

A system of law, obtaining only in time of actual war and grow- ing out of the exigencies thereof, arbitrary in its character, and depending only on the will of the commander of an army, which is established and administered in a place or district of hostile territory held in belligerent possession, or, sometimes, in places occupied or pervaded by insurgents or mobs, and which suspends all existing civil laws, as well as the civil authority and the ordinary administration of justice. See In re Ezeta (D. C.) 62 Fed. 972; Diekelman v. U. S., 11 Ct. CI. 439; Com. v. Shortall, 206 Pa. 165, 55 Atl. 952, 65 L. R. A. 193, 98 Am. St. Rep. 759; Griffin v. Wilcox, 21 Ind. 377. See, also, MILITARY LAW. "Martial law, which is built upon no settled principles, but is entirely arbitrary in its decisions, is in truth and reality no law, but something indulged rather than allowed as a law. The necessity of order and discipline in an army is the only thing which can give it countenance, and therefore it ought not to be permitted in time of peace, when the king's courts are open for all persons to receive justice according to the laws of the land." 1 Bl. Comm. 413. Martial law is neither more nor less than the will of the general who commands the army. It overrides and suppresses all existing civil laws, civil officers, and civil authorities, by the arbitrary exercise of military power; and every citizen or subject-in other words, the entire population of the country, within the confines of its power-is subjected to the mere will or caprice of the commander. He holds the lives, liberty, and property of all in the palm of his hand. Martial law is regulated by no known or established system or code of laws, as it is over and above all of them. The commander is the legislator, judge, and executioner. In re Egan, 5 Blatchf. 321, Fed. Cas. No. 4,303. Martial law is not the same thing as military law. The latter applies only to persons connected with the military forces of the country or to affairs connected with the army or with war, but is permanent in its nature, specific in its rules, and a recognized part of the law of the land. The former applies, when In existence, to all persons alike who are within the territory covered, but is transient in its nature, existing only in time of war or insurrection, Is not specific or always the same, as it depends on the will and discretion of the military commander, and is no part of the law of the land. Less...

The feast of St. Martin of Tours, on the 11th of November; sometimes corrupted Into "Martilmas" or "Mar-tlemas." It is the third of the four cross quarter-days of the year. Wharton.

The feast of St. Martin of Tours, on the 11th of November; sometimes corrupted Into "Martilmas" or "Mar-tlemas." It is the third of the four cross quarter-days of the year. Wharton. Less...

In old Scotch law. A maire; an officer or executor of summons. Otherwise called "prceco regis" Skene.

In old Scotch law. A maire; an officer or executor of summons. Otherwise called "prceco regis" Skene. Less...

L. Lat. A messuage.

L. Lat. A messuage. Less...

In the civil law. A mass; an unwrought substance, such as gold or silver, before it is wrought into cups or other articles. Dig. 47, 2, 52, 14; Fleta, lib. 2, c 60, IS 17. 22.

In the civil law. A mass; an unwrought substance, such as gold or silver, before it is wrought into cups or other articles. Dig. 47, 2, 52, 14; Fleta, lib. 2, c 60, IS 17. 22. Less...

To fatten with mast, (acorns, etc.) 1 Leon. 186.

To fatten with mast, (acorns, etc.) 1 Leon. 186. Less...