Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: M

MUTUAL AGENCY

Each partner’s right in a partnership to act as an agent in normal partnership business operations. Each has responsibility for their partners’ business related actions. Personal actions are excluded.

MERITORIOUS DEFENSE

One going to the merits, substance, or essentials of the case, as distinguished from dilatory or technical objections. Cooper v. Lumber Co.. 01 Ark. 36. 31 S. W. 981.

MATTER IN DISPUTE

The subject of litigation ; the matter for which a suit is brought and upon which issue isjoined, and in relation to which jurors are called and witnesses examined. Lee v.Watson, 1

MIXED ACTION

An action partaking of the twofold nature of real and personal actions, having for its object the demand and restitution of real property and also personal damages for a wrong sustained. 3

MANAGING AGENT

A person who is invested with general power, involving the exercise of judgment and discretion, as distinguished from an ordinary agent or employe, who acts in an inferior capacity. and under the

MALICIOUS ARREST

An arrest made willfully and without probable cause, but in the course of a regular proceeding.

MUTUAL ASSENT

The meeting of the minds of both or ail the parties to a contract; the fact that each agrees to all the terms and conditions, in the same sense and with the

MIXED BLOOD

A person is “of mixed blood” who is descended from ancestors of different races or nationalities; but particularly, in the United States, the term denotes a person one of whose parents (or

MEMORANDUM CHECK

A check given by a borrower to a lender, for the amount of a short loan, with the understanding that it is not to be presented at the bank, but will be

MESNE CONVEYANCE

An intermediate conveyance; one occupying an intermediate position in a chain of title between the first grantee and the present holder.

MART

A place of public traffic or sale.

MATERIALS

The substance or matter of which anything is made; matter furnished for the erection of a house, ship, or other structure; matter used or intended to be used in the construction of

MATURITY

In mercantile law. The time when a bill of exchange or promissory note becomes due. Story, Bills, f 329. Gilbert v. Sprague, 88 111. App. 508; Wheeless ?. Williams, 62 Miss. 371,

MEANS

1. The instrument or agency through which an end or purpose is accom- plished. 2. Resources; available property; money or property, as an available instrumentality for effecting a purpose, furnishing a livelihood,

MEDIO ACQUIETANDO

A judicial writ to distrain a lord for the acquitting of a mesne lord from a rent, which he had acknowledged in court not to belong to him. Reg. Jur. 129.

MELIOR

Lat. Better; the better. Mclior res, the better (best) thing or chattel. Bract, fol. 60. Melior est conditio defendentis. The condition of the party in possession is the better one, i. e.,

MENSA

Lat. Patrimony or goods and necessary things for livelihood. Jacob. A table; the table of a money-changer. Dig. 2, 14, 47.

MERE RIGHT

The mere right of property in land; the jus proprietatis, without either possession or even the right of possession. 2 Bl. Comm. 197. The abstract right of property.

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