See also:law, a royal See also:privilege or branch of the See
also:prerogative subsisting in the hands of a subject . A
franchise is an incorporeal hereditament, and arises either from
royal grants or from See also:prescription which presupposes a
See also:grant . Such franchises are bodies corporate, the right
to hold a See also:fair, market, See also:fishery, &c . 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:VOTE) . 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 . FRANCIA (c. 1450-1517) There are no
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