EXERCITOR. A term in the civil law, to denote the person who fits out, and 
equips a vessel, whether he be the absolute or qualified owner, or even a 
mere agent. Emer. on Mar. Loans, c. 1, s. 1. 
     2. In English, we generally use the word "ship's husband," but 
exercitor is generally used to designate and distinguish from among several 
part owners of a ship, the one who has the immediate care an management of 
her. Hall on Mar. Loans 142, n. See Dig. 19, 2, 19, 7; Id. 14, 1 1, 15; 
Vicat, Vocab.; Ship's husband.