pool

An association of persons engaged in buying or selling a certain commodity or commodities. Kilbourn v Thompson, 103 US 168, 26 L Ed 377. A contract or combination between competing producers or dealers in commodities, particularly those of prime necessity, whereby the parties effect an illegal restraint of trade by agreement to refrain from competition and to divide profits from their respective businesses in fixed proportions. 36 Am J1st Monop etc. § 18. An arrangement between carriers for division of traffic. 44 Am J1st R R § 360. An agreement between carriers for a division of earnings. United States v Trans-Missouri Freight Asso. (CA8 Kan) 58 F 58. A cumulation of the products of members of a co-operative association for sale of the entire amount. Texas Farm Bureau Cotton Asso. v Stovall, 113 Tex 273, 253 SW 1101. An agreement to unite resources for the accomplishment of a particular purpose, as where the banks of a locality joined in a plan for aiding another bank in financial difficulty. 10 Am J2d Bks § 334. One of several related games of billiards, played by two or more persons on a table with pockets, with numbered balls, a tapered stick known as a cue ball, the object being to drive the balls into the pockets in the order of the numbers, Recreation Club Inc. v Miller, 192 Miss 259, 5 So 2d 678; a game sometimes played as a gambling game. 24 Am J1st Gaming § 21. A combination of persons, each staking a sum of money on the success of a horse in a race, or a contestant in a game, the money to be divided among the successful bettors according to the amount put in by each. 24 Am J1st Gaming § 23. In the most simple sense, a small body of water, such as a swimming pool. See car pool.