PUTS AND CALLS
PUTS AND CALLS. A “put" In the language of the grain or stock market is a privilege of delivering or not delivering the subject-matter of the sale; and a "call" is a privilege of calling or not calling for it. Pixley v. Boynton. 79 Ill. 351.
PUTS AND REFUSALS. In English law. Time-bargains, or contracts for the sale of supposed stock on a future day.
PUTTING IN FEAR. These words are used in the definition of a robbery from the person. The offense must have been com- mitted by putting in fear the person robbed. 3 inst. 63; 4 Bl. Comm. 243.
PUTTING IN SUIT, as applied to a bond, or any other legal instrument, signi- fies bringing an action upon it, or making it the subject of an action.
FUTURE. In old English law. A custom claimed by keepers in forests, and some-
times by bailiffs of hundreds, to take man’s meat, horse's meat, and dog's meat of the tenants and inhabitants within the perambulation of the forest, hundred. etc. The land subject to this custom was called "terra putara." Others, who call it “pulture," explain it as a demand in general; and de- rive it from the monks, who, before they were admitted, pulsabant, knocked at the gates for several days together. 4 Inst 307; Cowell.
PYKE, PAIK. In Hindu law. A foot- passenger; a person employed as a night- watch in a village, and as a runner or messenger on the business of the revenue. Wharton.
PYKERIE. In old Scotch law. Petty theft. 2 Pitc. Crim. Tr. 43.
PYROMANIA. See Insanity.