The Law Dictionary

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MUTUUM Definition & Legal Meaning

Definition & Citations:

Eat. In the law of bailments. A loan for consumption ; a loan of chattels, upon an agreement that the borrower may consume them, returning to the lender an equivalent in kind and quantity. Story, Bailm. S 228; Payne v. Gardiner, 29 N. Y. 107; Downes v. Phoenix Bank, 0 Hill (X. Y.) 299; Rahilly v. Wilson, 20 Fed. Cas. 181.


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