Sequestration

Sequestration, the Scotch legal term for Bankruptcy (q.v.).—In English law sequestration is a prerogative form of process, by which commissioners are empowered to take possession of the property of a person who is in sequestration. There is also a special form of sequestration issued against a clergyman, by which the bishop is commanded to sequester the profits of the debtor's benefice to answer the plaintiff's claim. On sequestration the bishop is required to appoint a curate and assign him a stipend.