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PRIZE

Volume 9 · 159 words · 1778 Edition

or PRIZE, in maritime affairs, a vessel taken at sea from the enemies of a state, or from pirates; and that either by a man of war, a privateer, &c. having a commission for that purpose.

Vessels are looked on as prize, if they fight under any other standard than that of the state from which they have their commission; if they have no charter-party, invoice, or bill of lading aboard; if loaded with effects belonging to the king's enemies, or with contraband goods.

In ships of war, the prizes are to be divided among the officers, seamen, &c. as his Majesty shall appoint by proclamation; but among privateers, the division is according to the agreement between the owners.

By stat. 13 Geo. II. c. 4.; judges and officers, failing of their duty in respect to the condemnation of prizes, forfeit L. 500., with full costs of suit; one moiety to the king, and the other to the informer.