Blacks Law Dict. 1st ed

MARCHETA

MARINE INSURANCE

758

marinarius capitaneus was the admiral or warden of the ports. MARINE. Naval; relating or pertaining to the sea; transacted at sea; doing duty or service on the sea. This is also a general name for the navy of a kingdom or state; as also the whole econo my of naval affairs, or whatever respects the building, rigging, arming, equipping, navi gating, and fighting ships. It comprehends also the government of naval armaments, and the state of all the persons employed therein, whether civil or military. Also one of the marines. Wharton. MARINE CONTRACT. One relating to maritime affairs, shipping, navigation, marine insurance, affreightment, maritime loans, or other business to be done upon the sea or in connection with navigation. MARINE CORPS. A body of soldiers enlisted and equipped for service on board vessels of war; also the naval forces of the nation. MARINE COURT IN THE CITY OP NEW YORK. A local court of New York having original jurisdiction of civil causes, where the action is for personal injuries or defamation, and of other civil actions where the damages claimed do not exceed $2,000. It is a court of record. It was originally created as a tribunal for the settlement of causes between seamen. MARINE INSURANCE. A contract whereby, for a consideration stipulated to be paid by one interested in a ship, freight, or cargo, subject to the risks of marine naviga tion, another undertakes to indemnify him against some or all of those risks during a certain period or voyage. 1 Phil. Ins. 1. A contract whereby one party, for a stipu lated premium, undertakes to indemnify the other against certain perils or sea-risks to which his ship, freight, and cargo, or some of them, may be exposed during a certain voyage, or a fixed period of time. 3 Kent, Comm. 253. Marine insurance is an insurance against risks connected with navigation, to which a ship, cargo, freightage, profits, or other in surable interest in movable property may be exposed during a certain voyage or a fixed period of time. Civil Code Cal. § 2655. A contract of marine insurance is one by which a person or corporation, for a stipu lated premium, insures another against losses

A fine paid by the tenant for the remission of such right, originally a mark or half a mark of silver. Spelman. In old English law. A fine paid for l6ave to marry, or to bestow a daughter in marriage. Co well. MARCHIONESS. A dignity in a woman answerable to that of marquis in a man, con ferred either by creation or by marriage with a marquis. Wharton. MARE. Lat. The sea. MARE CLAUSUM. The sea closed; that is, not open or free. The title of Sel den's great work, intended as an answer to the Mare Liberum of Grotius; in which he undertakes to prove the sea to be capable of private dominion. 1 Kent, Comm. 27. MARE LIBERUM. The sea free. The title of a work written by Grotius against the Portuguese claim to an exclusive trade to the Indies, through the South Atlantic and In dian oceans; showing that the sea was not capable of private dominion. 1 Kent, Comm. 27. MARESCALLUS. In old English law. A marshal; a master of the stables; an offi cer of the exchequer; a military officer of high r&nk, having powers and duties similar to those of a constable. Du Cange. See MARSHAL. MARESCHAL. L. Fr. Marshal; a high oflloor or" the royal household. Britt. fol. 16. MARETTUM Marshy ground over flowed by uhe sea or great rivers. Co. Litt. 5. MARGIN. A sum of monay, or its equiv alent, placed in the haad3 of a stockbroker by the principal or person on whose account the purchase is to be made, as a security to the former against losses to which he may be exposed by a subsequent depression in the market value of ths stock. 49 Barb. 468. MARGINAL NOTE. In Scotch law. A note inserted on the margin of a deed, embodying either some clause which was omitted in transcribing or some change in the agreement of the parties. Bell. An abstract of a reported case, a summary of the facts, or brief statement of the prin ciple decided, which is prefixed to the report of the case, sometimes in the margin, is also spoken of by this name. MARINARIUS. An ancient word which signified a mariner or seaman. In England, AM.DICT.TJLW—48

Archive CD Books USA