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CREDIT MOBILIER Definition & Legal Meaning

Definition & Citations:

A company or association formed for carrying on a banking business, or for the construction of pub- lie works, building of railroads, operation of mines, or other such enterprises, by means of loans or advances on the security of personal property. Barrett v. Savings Inst., 64 N. J. Eq. 425, 54 Atl. 543.

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