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FRANCHISE (from 0. Fr. franchise, freedom, See also: English See also: law, a royal See also: privilege or branch of the See also: crown's See also: prerogative subsisting in the hands of a subject
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A franchise is an incorporeal hereditament, and arises either from royal grants or from See also: prescription which presupposes a See also: grant
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Such franchises are bodies corporate, the right to hold a
See also: fair, market, See also: ferry, See also: free See also: fishery, &c
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The See also: term is also applied to the right of voting at elections and the qualifications upon which that right is based (see See also: REGISTRATION; See also: REPRESENTATION; See also: VOTE)
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In the See also: United States the term is especially applied to the right or See also: powers of partial appropriation of public See also: property by exclusive use, or to a privilege of a public nature conferred on a corporation created for the purpose
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