stranding, n. Maritime law. A ship’s drifting, driving, or running aground on a strand. • The type of stranding that occurs determines the method of apportioning the liability for any resulting losses. [Cases: Salvage 9, 30. C.J.S. Salvage §§ 12, 81.] accidental stranding. Stranding as a result of natural forces, such as wind and waves. […]
promoter. 1. A person who encourages or incites. 2. A founder or organizer of a corporation or business venture; one who takes the entrepreneurial initiative in founding or organizing a business or enterprise. — Formerly also termed projector. [Cases: Corporations 30. C.J.S. Corporations § 67.] “The complete judicial acceptance of the term ‘promoter’ is a
chantry (chan-tree), n. Hist. Eccles. law. 1. A benefice endowed for the saying of Mass by chantry priests for the soul of the founder or his designees. • This practice was abolished in England by the Chantry Acts of 1545 and 1547. 2. A chapel or part of a church so endowed. — Also spelled