What is GRUB STAKE?

In mining law. A contract between two parties by which one undertakesto furnish the necessary provisions, tools, and other supplies, and the other toprospect for and locate mineral lands and stake out mining claims thereon, the Interestin the property thus acquired inuring to the benefit of both parties, either equally or insuch proportions as their agreement may fix. Such contracts create a qualified orspecial partnership. See Berry v. Wood- burn. 107 Cal. 512, 40 Pac. 804; Hartney v.Gosling, 10 Wyo. 34G, G8 Pac. 1118, 98 Am. St. Rep. 1005; Meylette v. Brennan, 20Colo. 242, 38 Pac. 75.

More On This Topic



Link to This Definition
Did you find this definition of GRUB STAKE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary