Part Owners in United States
Part Owners Definition
Those who own a thing together or in common. In Maritime Law. A term applied to two or more person who own a vessel together, and not as partners. In general, when a majority of the part owners are desirous of employing such a ship upon a particular voyage or adventure, they have a right to do so upon giving security in the admiralty by stipulation to the minority, if required, to bring her back and restore the ship, or, in case of her loss, to pay them the value of their respective shares. 4 Bouv. Inst, note 3780; Abb. Shipp. 70; 3 Kent, Comm. (4th Ed.) 151; Story, Partn. § 489; 11 Pet. (U. S.) 175. When the majority do not choose to employ the ship, the minority have the same right, upon giving similar security. 11 Pet. (U. S.) ,175; 1 Hagg. Adm. 306; Jacobsen, Sea Laws, 442.
Part Owners in Foreign Legal Encyclopedias
| Link | Description |
|---|---|
| Part Owners | Part Owners in the World Legal Encyclopedia. |
| Part Owners | Part Owners in the European Legal Encyclopedia. |
| Part Owners | Part Owners in the Asian Legal Encyclopedia. |
| Part Owners | Part Owners in the UK Legal Encyclopedia. |
| Part Owners | Part Owners in the Australian Legal Encyclopedia. |
For starting research in the law of a foreign country:
Browse the American Encyclopedia of Law for Part Owners
Scan Part Owners in the appropriate area of law:
| Link | Description |
|---|---|
| Part Owners | Part Owners in the Family Law Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the IP Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Commercial Law Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Criminal Law Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Antritrust Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Bankruptcy Law Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Constitutional Law Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Tax Law Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the and Finance and Banking Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Employment and Labor Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Personal Injury and Tort Portal of the American Encyclopedia of Law. |
| Part Owners | Part Owners in the Environmental Law Portal of the American Encyclopedia of Law. |
Explore other Reference Works
| Resource | Description |
|---|---|
| Part Owners in the Dictionaries | Part Owners in our legal dictionaries |
| http://lawi.us/part-owners | The URI of Part Owners (more about URIs) |
| Part Owners related entries | Find related entries of Part Owners |
Legal Issue for Attorneys
Those who own a thing together or in common. In Maritime Law. A term applied to two or more person who own a vessel together, and not as partners. In general, when a majority of the part owners are desirous of employing such a ship upon a particular voyage or adventure, they have a right to do so upon giving security in the admiralty by stipulation to the minority, if required, to bring her back and restore the ship, or, in case of her loss, to pay them the value of their respective shares. 4 Bouv. Inst, note 3780; Abb. Shipp. 70; 3 Kent, Comm. (4th Ed.) 151; Story, Partn. § 489; 11 Pet. (U. S.) 175. When the majority do not choose to employ the ship, the minority have the same right, upon giving similar security. 11 Pet. (U. S.) ,175; 1 Hagg. Adm. 306; Jacobsen, Sea Laws, 442.
Notice
This definition of Part Owners is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.