Blacks Law Dict. 1st ed

866

PAR OF EXCHANGE

PANIS

PAPER MONEY. Bills drawn by • government against its own credit, engaging to pay money, but which do not profess to he immediately convertible into specie, aad which are put into compulsory circulation as a substitute for coined money. PAPER OFFICE. In English law. An ancient office in the palace of Whitehall, where all the public writings, matters of state and council, proclamations, letters, in telligences, negotiations of the queen's min isters abroad, and generally all the papers and dispatches that pass through the offices of the secretaries of state, are deposited. Also an office or room in the court of queen's bench where the records belonging to that court are deposited; sometimes called "paper-mill." Wharton. PAPER TITLE. A title to land evi denced by a conveyance or chain of convey ances; the term generally implyingth.it such title, while it has color or plausibility, is without substantial validity. PAPIST. One who adheres to the com munion of the Church of Home. The word seems to be considered by the Roman Catho lics themselves as a nickname of reproach, originating in their maintaining the supreme ecclesiastical-power of the pope. Wharton. PAR. In commercial law. Equal; equal ity. An equality subsisting between the nominal or face value of a bill of exchange, share of stock, etc., and its actual selling value. When the values are thus equal, the instrument or share is said to be "at par;" if it can De sold for more than its nominal worth, it is "above par;" if for less, it is "below par." PAR DELICTUM. Lat. Equal guilt " This is not a case of par delictum. It is oppression on one side and submission on the other. It never can be predicated as par de lictum when one holds the rod and the other bows to it." 6 Maule & S. 165. Par in parem imperium non habet. Jenk. Cent. 174. An equal has no dominion over an equal. PAR OF EXCHANGE. In mercantile law. The precise equality or equivalency of any given sum or quantity of money in the coin of one country, and the like sum or quantity of money in the coin of any other foreign country into which it is to be ex changed, supposing the money of such coun. try to be of the precise weight and puritj

buildings once belonging to that distinguished order, and who have retained a few of their customs and phrases. Brown. PANIS. Lat. In old English law. Bread; loaf; a loaf. Fleta, lib. 2, c. 9. PANNAGE. A common of pannage is the right of feeding swine on mast and acorns at certain seasons ID a commonable wood or forest. Elton, Commons, 25; Williams, Common, 168. Pannagium est pastus porcorum, in nemoribus et in silvis, ut puta, de glan dibus, etc. 1 Bulst 7. A pannagium is a pasture of hogs, in woods and forests, upon acorns, and so forth. PANNELLATION. The act of impanel ing a jury. PANTOMIME. A dramatic performance in which gestures take the place of words. See 3 C. B. 871. PAPER. In English practice. The list oi causes or cases intended for argument, called "the paper of causes." 1 Tidd, Pr. 504. PAPER BLOCKADE. The state of a line of coast proclaimed to be under blockade in time of war, when the naval force on watch is not sufficient to repel a real attempt to enter. PAPER BOOK. In practice. A printed collection or abstract, in methodical order, of the pleadings, evidence, exhibits, and pro ceedings in a cause, or whatever else may be necessary to a full understanding of it, pre pared for the use of the judges upon a hear ing or argument on appeal. Copies of the proceedings on an issue in law or demurrer, of cases, and of the pro ceedings on error, prepared for tlie use of the judges, and delivered to them previous to bringing the cause to argument. 3 Bl. Comm 317; Archb. New Pr. 353; 5 Man. & G. 98. In proceedings on appeal or error in a criminal case, copies of the proceedings with a note of the points intended to be argued, delivered to the judges by the parties before the argument. Archb. Crim. PL 205; Sweet. PAPER CREDIT. Credit given on the security of any written obligation purporting to represent property. PAPER DAYS. In English law. Cer tain days in term-time appointed by the courts for hearings or arguments in the cases set down in the various special papers.

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