Tabula In Naufragio in United States
Tabula In Naufragio Definition
(Lat. a plank in a wreck). In English law. A figurative term used to denote the power of a third mortgagee, who, having obtained his mortgage without any knowledge of a second mortgage, may acquire the first incumbrance, and squeeze out and have satisfaction before the second. 2 Ves. Jr. 573; 2 Fonbl. Eq. bk. 3, c. 2, § 2; 2 Vent. 337; 1 Chanc. Cas. 162; 1 Story, Eq. Jur. §§ 414, 415. See “Tacking.”
Tabula In Naufragio in Foreign Legal Encyclopedias
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Tabula In Naufragio | Tabula In Naufragio in the World Legal Encyclopedia. |
Tabula In Naufragio | Tabula In Naufragio in the European Legal Encyclopedia. |
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Tabula In Naufragio | Tabula In Naufragio in the Australian Legal Encyclopedia. |
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Legal Issue for Attorneys
(Lat. a plank in a wreck). In English law. A figurative term used to denote the power of a third mortgagee, who, having obtained his mortgage without any knowledge of a second mortgage, may acquire the first incumbrance, and squeeze out and have satisfaction before the second. 2 Ves. Jr. 573; 2 Fonbl. Eq. bk. 3, c. 2, § 2; 2 Vent. 337; 1 Chanc. Cas. 162; 1 Story, Eq. Jur. §§ 414, 415. See “Tacking.”
Notice
This definition of Tabula In Naufragio is based on The Cyclopedic Law Dictionary. This entry needs to be proofread.
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