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

Category: P

PROMOTERS

In the law relating to corporations, those persons are called the “promoters” of a company who first associate themselves together for the purpose of organizing the company, issuing its prospectus, procuring subscriptions

PROPRIETE

The French law term corresponding to our “property,” or the right of enjoying and of disposing of things in the most absolute manner, subject only to the laws. Brown.

PROSPECTIVE

Looking forward; contemplating the future. A law is said to be prospective (as opposed to retrospective) when it is applicable only to cases which shall arise after its enactment.

PROTUTOR

Lat. In the civil law. He who, not being the tutor of a minor, has administered his property or affairs as if he had been, whether he thought himself legally invested with

PROXENETA

Lat In the civil law. A broker; one who negotiated or arranged the terms of a contract between two parties, as between buyer and seller; one who negotiated a marriage; a match-maker.

PUBLICIST

One versed in, or writing upon, public law, the science and principles of government, or international law.

PUNCTUM TEMPORIS

Lat. A point of time; an Indivisible period of time; the shortest space of time; an instant. Calvin.

PURPART

A share; a part in a division ; that part of an estate, formerly held in common, which is by partition allotted to any one of the parties. The word was an-

PUT IN

In practice. To place in due form before a court; to place among the records of a court

POWER OF ATTORNEY

An instrument authorizing a person to act as the agent or attorney of the person granting it. See LETTER OF ATTORNEY

PRSCO

Lat In Roman law. A herald or crier.

PRiESUMPTIO

the offense called “prcemunire” being the introduction of a foreign power into the king- dom, and creating imperium in impcrio, by paying that obedience to papal process which constitutionally belonged to the

PRAYER OF PROCESS

Is a petition with which a bill in equity used to conclude, to the effect that a writ of subpoena might Issue against the defendant to compel him to answer upon oath

PRECIPE

Another form of the name of the written instructions to the clerk of court; also spelled “praecipe,” (q. v.)

PREFERENTIAL ASSIGNMENT

An assignment of property for the benefit of creditors, made by an insolvent debtor, in which it is directed that a preference (right to be paid first in full) shall be given

PRES

L. Fr. Near. Cy pros, so near; as near. See CY PKES.

PREVENTION

In the civil law. Tbe right of a judge to take cognizance of an action over which he has concurrent juris- diction with another judge. In canon law. The right which a

PRIMER

A law French word, signifying first; primary.

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