See Also: MONTES PIETATIS, or Monts de Piete(law)
mont de piete(dictionary)
Montes Claros(tourism)
Montes Claros doctors(health)
Montes Claros flights(tourism)
Montes Claros car rental(tourism)
Montes Claros airports(tourism)
Montes Claros travel agency(tourism)
Montes Claros travel agent(tourism)
Montes Claros travel guide(tourism)

MONTES PIETATIS, or Monts de Piete (law)


MONTES PIETATIS, or Monts de Piete. The name of institutions established by public authority for lending money upon pledge of goods. In those public authority for lending money upon pledge of goods. In those establishments a fund is provided, with suitable warehouses, and all establishments a fund is provided, with suitable warehouses, and all necessary accommodations. Directors, manage these concerns. When the money necessary accommodations. Directors, manage these concerns. When the money for which the goods pledged is not returned in proper time, the goods are for which the goods pledged is not returned in proper time, the goods are sold to reimburse the institutions. sold to reimburse the institutions. 2. These establishments are found principally on the continent of 2. These establishments are found principally on the continent of Europe. With us private persons, called pawnbrokers, perform this office, Europe. With us private persons, called pawnbrokers, perform this office, sometimes with doubtful fidelity. See Bell' s Com. B. 5, c. 2, s. 2. sometimes with doubtful fidelity. See Bell' s Com. B. 5, c. 2, s. 2.