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Webster 1828 Edition


Statute-merchant

STATUTE-MERCHANT

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Noun.
In English law, a bond of record pursuant to the Stat. 13 Edw. 1. acknowledged before one of the clerks of the statutes-merchant and the mayor or chief warden of London, or before certain persons appointed for the purpose; on which, if not paid at the day, an execution may be awarded against the body, lands and goods of the obligor.