Ignorance of the law excuses no one. It is a fraud to conceal a fraud.
The law compels no one to do impossibilities. An agreement without
consideration is void. Signatures made with a lead pencil are good in
law. A receipt for money paid is not legally conclusive. The acts of one
partner bind all the others. Contracts made on Sunday cannot be
enforced. A contract made with a minor is void. A contract made with a
lunatic is void. Principals are responsible for the acts of their
agents. Agents are responsible to their principals for errors. Each
individual in a partnership is responsible for the whole amount of the
debts of the firm. A note given by a minor is void. Notes bear interest
only when so stated. It is legally necessary to say on a note "for value
received." A note drawn on Sunday is void. A note obtained by fraud, or
from a person in a state of intoxication, cannot be collected. If a note
be lost or stolen, it does not release the maker; he must pay it. An
endorser of a note is exempt from liability if not served with notice of
its dishonor within twenty-four hours of its non-payment.