Blacks Law Dict. 1st ed

156

BUBBLE ACT

BROKER

BROTHER. One person is a brother "of the whole blood" to another, the former be ing a male, when both are born from the same father and mother. He is a brother "of the half blood" to that other (or half brother) when the two are born to the same father by different mothers or by the same mother to different fathers. In the civil law, the following distinctions are observed: Two brothers who descend from the same father, but by different mothers, are called "consanguine" brothers. If they have the same mother, but are begotten by different fathers, they are called "uterine" brothers. If they have both the same father and mother, they are denominated brothers "germane." BROTHER-IN-LAW. A wife's broth er or a sister's husband. There is not any relationship, but only affinity, between broth ers-in-law. BRUARITJM. In old English law. A heath ground; ground where heath grows. Speltnan. BRUGBOTE. See BRIGBOTE. BRUILLUS. In old English law. A wood or grove; a thicket or clump of trees in a park or forest. Cowell. BRUISE. In medical jurisprudence. A contusion; an injury upon the flesh of a per son with a blunt or heavy instrument, with out solution of continuity, or without break ing the skin. BRUKBARN. In old Swedish law. The child of a woman conceiving after a rape, which was made legitimate. Literally, the child of a struggle. BurrilL BRUTUM FULMEN. An empty noise; an empty threat. BUBBLE. An extravagant or unsub stantial project for extensive operations in business or commerce, generally founded on a fict^ious or exaggerated prospectus, to en snare unwary investors. Companies formed on such a basis or for such purposes are called "bubble companies." The term i& chiefly used in England. BUBBLE ACT. The statute 6 Geo. I. c 18, "for restraining several extravagant and unwarrantable practices herein mentioned," was so called. It prescribed penalties for the formation of companies with little or no cap ital, with the intention, by means of allur ing advertisements, of obtaining money from the public by the sale of shares. Such un dertakings were then commonly called "bub bles. " This legislation was prompted by the

other parties, and does not act in his own name, but in the name of those who employ him. 50 Ind. 234. Brokers are persons whose business it is to bring buyer and seller together; they need have nothing to do with negotiating the bar gain. 68 Fa. St. 42. The difference between a factor or commission merchant and a broker is this: A factor may buy and sell in his own name, and he has the goods in his possession; while a broker, as such, cannot or dinarily buy or sell in his own name, and has no possession of the goods sold. 23 Wall. 821,330. The legal distinction between a broker and a factor is that the factor is intrusted with the prop erty the subject of the agency; the broker is only employed to make a bargain in relation to it. 50 Ala. 154,156. Brokers are of many kinds, the most im portant being enumerated and denned as follows: Exchange brokers, who negotiate for eign bills of exchange. Insurance brokers, who procure insur ances for those who employ them and nego tiate between the party seeking insurance and the companies or their agents. Merchandise brokers, who buy and sell goods and negotiate between buyer and sell er, but without having the custody of the property. Note brokers, who negotiate the discount or sale of commercial paper. Pawnbrokers, who lend money on goods deposited with them in pledge, taking high rates of interest. Real-estate brokers, who procure the purchase or sale of land, acting as interme diary between vendor and purchaser to bring them together and arrange terms; and who negotiate loans on real-estate security, man age and lease estates, etc. Ship-brokers, who transact business be tween the owners of ships and freighters or charterei s, and negotiate the sale of vessels. Stock-brokers, who are employed to buy and sell for their principals all kinds of stocks, corporation bonds, debentures, shares in companies, government securities, munic ipal bonds, etc. BROKERAGE. The wages or commis sions of a broker; also, his business or occu pation. BROSSUS. Bruised, or injured with blows, wounds, or other casualty. Cowell. BROTHEL. A bawdy-house; a house of 01 fame; a common habitation of prostitutes.

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