The Collaborative International Dictionary of English v.0.48:

Argute \Ar*gute"\, a. [L. argutus, p. p. of arguere. See
   Argue.]
   1. Sharp; shrill. [Obs.] --Johnson.
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   2. Sagacious; acute; subtle; shrewd.
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            The active preacher . . . the argue schoolman.
                                                  --Milman.
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