After a trade-mark has been registered, anyone who considers himself

injured by said trade-mark may file complaint with the Commissioner of

Patents, and if the latter determines that there is an infringement,

or that someone has a prior right to the trade-mark, the registration

may be cancelled. Notice of registration of a trade-mark is given the

public by publishing the words, _Registered U. S. Patent Office_, with

the trade-mark.

Most of the states have statutes making it a crime falsely to use the

trade-mark or brand of another company. The use of labels by trade

unions is protected in this manner in several states.

WILLS

=348. Will Defined.= A will has been defined to be a "disposition

of real property to take effect after the death of the testator."

Originally, the term _will_ applied only to dispositions of real

property, and the term _testament_ applied to dispositions of personal

property. At present, the terms _will_ and _testament_ are not

uncommonly used. But the original limitation of the term, _will_, is no

longer commonly recognized. The term, _will_, is now used to describe a

disposition of personal as well as real property to take effect at the

maker's death.

=349. Names of Parties and Terms Commonly Used in a Will.= The person

who makes a will is called the _testator_ or _devisor_. The term

_testator_ is more commonly used than the term _devisor_ to designate

the maker of a will. The term _devise_ is used to designate the giving

of real property. If _A_ desires to give a farm to _B_ by will,

the language used in the will is, "I, _A_, devise to _B_ my farm."

Technically, the term _devise_ means the giving by will of real estate,

but it is commonly used to designate the giving by will of personal

property as well. The term _bequeath_ is used to designate the giving

of personal property by will. If _A_ desires to give by will a watch

to _B_, he uses the language, "I, _A_ bequeath to _B_ my watch." The

beneficiary, or person designated in the will to receive real property,

is called the _legatee_.

=350. Origin and Nature of Wills.= At common law, a person was

permitted to give by will a portion of his personal property. He was

not permitted to give real property by will. In England, the right

to give real property by will was given by statute. The law of this

country has always recognized the right to give real as well as

personal property by will. It is not regarded as a right but rather

as a privilege extended to an owner of property. This privilege is

controlled by the legislatures of the states.

The states differ in their statutory requirements as to the manner of

making wills, and the amount of property that may be willed to the

exclusion of the wife and family. A will must be signed, acknowledged,

and witnessed as required by statute, and may be rendered void if the

statutory requirements are changed between the time the will is made

and the death of the testator. A will is not a contract. The right

to make contracts cannot be abridged by legislation. This right is

a constitutional right. The constitution gives an owner of property

no right to make a will. It is a privilege which may be abridged or

taken away by the legislature. Most of the states give a wife a dower

interest in the real estate of her husband. (See _Dower Estate_,

chapter on Real Property.) A husband cannot will away his estate,

depriving his wife of dower.

=351. Law Governing Wills When Testator Owns Property in One State

and Resides in Another at Time of Death.= Real property is fixed and

immovable. No matter where a testator resides at the time of his death,

the law of the state where the real property is located governs the

will relative to its disposition. If the will does not comply with the

law of the state where the real property is located, the general rule

is that the will cannot be enforced, even though the will is valid

under the law of the state where the testator resides at the time of

his death. For example, if _A_ owns real property in Cleveland, Ohio,

but resides in Omaha, Nebraska, _A_ may make a valid will under the

law of Nebraska which may not comply with the Ohio law. If _A_ dies,

the provisions of the will cannot be enforced as to the real property

in Cleveland. Personal property, on the other hand, is movable and

is supposed to follow the residence of its owner. If a will is valid

where the testator resides at the time of his death it is valid to

pass personal property, regardless of where the personal property is

located. Some states at present provide by statute that if a will is

valid where the testator resided at the time of his death, it is valid

to pass real property, no matter where located.

=352. Essentials of a Will.= Primarily, a will is an instrument in

which a person expresses his intention to give his property to certain

designated persons, to take effect upon his death. Any instrument,

no matter whether it be termed a will, containing an expression of

intention to have property pass to another at the death of the maker,

satisfies the requirement.

To constitute a will, there must be no present interest in the property

passing absolutely to the beneficiaries named in the instrument at

the time the written instrument is made. A person may make a gift, a

bill of sale, or a deed of property if he chooses. The title to the

property passes to the purchaser or donee at once or at some future

stipulated time. Such transactions are not wills. A will does not take

effect until the death of the testator. It may be revoked, changed, or

supplanted at the will of the testator. Any instrument that conveys

a present interest is not a will. The two most essential things in

determining whether an instrument constitutes a will are, first, the

power to revoke the instrument, or a stipulation or language used

showing that the instrument is not to take effect until the testator's

death; and second, the expression of an intention of the testator to

make a will. Certain formal requisites as to signature and witnessing

are required by statute in different states. These requirements are

discussed under separate sections.

=353. Who May Make a Will.= By statute in most states, anyone of

legal age, of sound and disposing mind and memory may make a will. At

common law, when a woman married, her property became her husband's.

A married woman could not make a will. At present, by statute, most

states provide that married women may contract concerning their

separate estates. They are also permitted to make wills. A person must

be of legal age to make a will. What constitutes legal age is fixed

by statute in the different states. All provide that twenty-one years

is the legal age for males. Some fix the legal age for females at

eighteen, others at twenty-one.

What constitutes sound and disposing mind and memory is a matter

of some dispute. It is conceded that idiots, imbeciles, and insane

persons, while insane, cannot make wills. The mental capacity required

of a person to enable him to make a will is usually stated to be that

mental capacity which enables a person to describe his property, to

name the natural objects of his bounty, and to understand the nature

of a will. A person does not have to be in good health to make a will.

He does not have to be mentally sound within the ordinary meaning of

the term. He may be very ill, and weak both in mind and body. He may

be eccentric, may have been insane, may be subject to illusions, or

even may be under guardianship for insanity and still be able to make

a will. If he is able without assistance from others to describe his

property, to understand in general the nature and effect of making

a will, and to name the persons who are the natural objects of his

bounty, he is capable of making a will. If his mind is not sufficient

to perform all of these functions he is not capable of making a will.

To constitute an instrument a valid will, it is not necessary that the

instrument show in itself that the testator had all these powers. He

may not name all, or any of the natural objects of his bounty in the

will. He may not describe all of his property. If he was capable of

doing these things at the time he made the will, regardless of whether

or not he exercised this capacity, the will is valid.

If a testator makes a will under such mental pressure or threat of

violence that he does not act according to his wishes, the will may be

avoided by reason of undue influence or duress. Undue influence may be

exerted by anyone, but not necessarily by a beneficiary under the will.

All solicitations or remarks or supplications to the testator to make

a particular provision in a will do not constitute undue influence.

The influence must be of a sort to compel the testator to act against

his wishes, and to destroy his ability to act through his own mental

agency.

=354. What May be Disposed of by Will.= Any property owned by the

testator, whether real or personal, may be disposed of by will.

Property cannot be freed from liens or incumbrances by will. If _A_

owns a farm, but _B_ has a mortgage on it, _A_ can dispose of his

interest by will, _B_ retaining his interest in the mortgage as against

the devisee. A husband cannot cut off his wife's dower estate by will.

A person may dispose of all his real and personal property by will. A

will covering all the real and personal property of the testator will

pass the real and personal property acquired by the testator after he

made the will.

=355. Requisites of a Will as to Form.= Ordinarily, a will must be in

writing. In some jurisdictions, and under certain circumstances, oral

wills are recognized as sufficient to pass certain property. These

oral wills are called _nuncupative_ wills. They are discussed under a

separate section. A will may be written on any kind of material, and in

any language. It may be printed, written on a typewriter, written in

the testator's own handwriting or by another. It may be written on one

or several pieces of paper. The pieces need not be fastened together if

their contents show their connection. Another instrument not set forth

in the will may be incorporated into the will by reference, if the

instrument can readily be identified, and was in existence at the time

the will was made. A will must be signed.

The statutes of most states require that a will be signed by the

testator, or by some one authorized to sign for him. A person not able

to write may sign by mark. A person usually signs by mark as follows:

his

John _X_ Smith.

mark

Any mark made by the testator is sufficient. Most states require by

statute that wills must be signed in the presence of two or three

witnesses. These witnesses must be competent to understand the nature

of the transaction. They need not necessarily be of legal age. They

must affix their signatures as witnesses to the will. A beneficiary

under the will should not be a witness. The witnesses of a will are

required to observe the competency of the testator and his signature,

in order that they may testify to these facts when the will is proven.

The statutes of most states make it sufficient for the testator to

acknowledge his signature in the presence of the witnesses. In this

event, they need not see him sign his name to the will. The witnesses

are usually required to sign the will in the presence of the testator,

and in the presence of each other.

=356. Publication of a Will.= Some states provide by statute that

to constitute a written instrument a valid will, the testator must

acknowledge it to be a will at the time it is signed and witnessed.

This act is known as _publication_. Some states do not have such

a statutory provision. In the absence of statutory provisions,

publication is not necessary. It is not necessary that the testator

read or cause the will to be read to the witnesses to comply with the

statutory requirements of publication. The witnesses must know that

they are witnessing a will. Any word, expression or act on the part of

the testator which notifies the witnesses that they are witnessing a

will is a sufficient publication.

_A_ requested _B_ and _C_ to visit his house in the evening and witness

his will. They went to _A's_ house, where _A_ presented a document

to them, which he signed in their presence, and which they signed as

witnesses. _A_ did not acknowledge that the instrument was a will. The

court held this to be a sufficient publication. _B_ and _C_ had been

informed that the instrument was _A's_ will.

=357. Contract to Make a Will.= A person may enter into a contract

to make a will which will bind his estate. The party with whom such

a contract is made cannot force the other party to make a will, or

prevent him from revoking a will if made, but he can bring an action

for damages against such party's estate if the latter dies without

leaving a will according to his agreement. A will can be revoked at the

desire of the testator. Revocability is one of the essential features

of a will. A party may bind himself by contract to make a will in favor

of a certain person. This contract does not prevent such person from

revoking the will if made, but it renders the person's estate liable

for breach of contract. _A_, a boy of twenty-one years of age, was told

by his father, _B_, that if he would continue to work for him until he

was thirty-five years of age, he would will him a certain farm, _A_

agreed to this proposition, and worked for his father until he was

thirty-five years of age. _B_ subsequently died, leaving a will by

which the farm was given to another son. _A_ was permitted to recover

the value of the farm by suit.

These contracts require clear and convincing evidence to support

recovery. _A_ agreed to board, clothe, care for, and bury _B_, his

father, in consideration of _B's_ agreement to give _A_ all his

property. _A_ fulfilled the terms of his contract. _B_ died leaving

a will by which his property was given to _C_. _A_ was permitted to

recover the value of the property by suit.

=358. Holographic Wills.= A _holographic_ will is one written entirely

in the handwriting of the testator. Such wills are sometimes called

_olographic_ wills. A minority of the states of this country recognize

the validity of holographic wills. These wills need not be witnessed to

be valid. An ordinary will may be printed, typewritten, or written by

a person other than the testator. The testator must sign and publish

the will, that is, he must acknowledge the instrument to be a will, in

the presence of the attesting witnesses. In case of a holographic will,

there need be no witnesses, acknowledgment, or publication, but the

will must be entirely in the handwriting of the testator, and must be

signed and dated by the testator himself.

In some jurisdictions, it is necessary that a holographic will be found

among the testator's valuable papers, to constitute a valid will. _A_

died and the following document was found among his valuable papers:

$100,000.00

Four years after my death, I hereby authorize my executors to pay

Francis Penn one hundred thousand dollars.

Signed _A_.

This was held to be a valid holographic will. A holographic will is

frequently in the form of a letter addressed to the beneficiary.

=359. Nuncupative Wills.= Many of the states of this country recognize

the validity of oral wills made under certain circumstances for the

purpose of disposing of personal property. Such wills are called

_nuncupative_ wills. Soldiers and sailors while in actual service may

dispose of their personal property by this form of will.

Persons other than soldiers and sailors may make nuncupative wills

when in their last sickness or in danger of impending death. The will

is made by calling upon disinterested persons to bear witness to the

will which the testator describes orally. These words, in substance

at least, must be reduced to writing, usually within ten days from

the death of the testator, by one of the witnesses, and signed by the

witnesses. Nuncupative wills are not favored in law. They are not

sufficient to dispose of real property. Some states do not recognize

the validity of these wills unless they are made at the testator's

dwelling. An exception to this rule is where the testator, surprised by

sickness when upon a journey, dies while away from home. Nuncupative

wills must be proven within six months after they are reduced to

writing. _A_ was suddenly taken seriously ill at his home. He called

upon _B_ and _C_, disinterested witnesses, to bear witness to his will,

and directed that his personal property be given to his wife _D_. _A_

died, _B_ reduced the words of _A_ to writing within ten days after

_A's_ death, and _C_ and _B_ signed as witnesses. The will was proven

within six months. It was held to be a valid nuncupative will.

=360. Revocation and Alteration of Wills.= A will may be revoked at any

time before the testator's death. The testator may himself revoke his

will, or he may cause someone to perform some act under his direction

and in his presence, which will revoke the will. The statutes of most

states provide that a person may revoke a will by tearing, cancelling,

obliterating, or destroying the will with the intention of revoking

it. Any of these acts performed by a stranger, not in the presence nor

under the direction of the testator, are void acts, and do not destroy

the validity of the will. If the testator himself, tears, cancels,

destroys, or obliterates the will with the intention of revoking the

will, the instrument no longer has any validity or force as a will.

A will is cancelled by drawing lines with a pen or pencil across

the written portion of the will. A will may be revoked by a later

will which expressly revokes the former, or which disposes of all

the property of the testator. A later will which does not expressly

revoke a former will, and which does not dispose of all the testator's

property does not revoke the former will, but both are construed

together. A _codicil_ is an instrument altering, revoking, changing,

or adding to certain portions of a will. It must, itself, be signed,

witnessed and acknowledged the same as a will, and is construed as part

of the will.

=361. Lost Wills.= A will which is lost or destroyed with no intention

to revoke may be proven as a will after the testator's death. If a

will is partially or totally destroyed by accident, or by someone who

is to profit by the total or partial destruction, the will is said to

be _spoliated_, and its contents, as it existed before spoliation,

may be proven after the testator's death. It must be remembered that

a will may be revoked by a testator at any time. If a testator makes

a will, and has it in his possession, and after his death the will

cannot be found, the presumption is that he revoked the will. This

presumption may be rebutted, however. If the testator tells of having a

will shortly before his death, or if the will is seen, or any evidence

is produced that the will was not revoked by the testator, it may be

proven as a lost will. If a will is made and left for safe-keeping

with a third person, inability to find it after the testator's death

raises no presumption that is was revoked by the testator. To prove a

lost will as a will, witnesses must be produced who know in substance

the contents of the will, that it was made and that it was not revoked

by the testator. If a will is partially destroyed by someone who is

to benefit thereby, or by accident, the contents of the portion so

destroyed may be proven as a lost will.

=362. Abatement, Advancement, and Ademption.= If a person does not

have sufficient property at his death to pay the bequests and devises

made in his will after payment of his debts, his devises and bequests

are paid _pro rata_ out of the estate remaining after the payment of

debts and expenses, unless the testator expressed a wish or intention

that certain bequests or devises were to be satisfied in preference to

others. In this event, the wishes of the testator must be observed.

The rule requiring all devisees and legatees to receive but a portion

of the property mentioned in the will, in case there is not sufficient

property to satisfy all, is called _abatement_.

If a person makes a will bequeathing a certain article of personal

property, or a certain amount of money to another, and if, before

the will becomes operative by the death of the devisor, the latter

delivers the article or pays the money to the legatee, or sells or

disposes of the particular article mentioned in the bequest, the will

is said to be _adeemed_, and the act by which it is adeemed is called

_ademption_. In case of ademption of a particular article, the bequest

is satisfied. In case a certain sum of money is bequeathed to a person

by will, and the amount of money is given the legatee by the devisor,

whether it satisfies the bequest, or whether it is a gift in addition

to the bequest mentioned in the will, is a matter of intention on the

part of the devisor. If the devisor expressly says it is a gift in

addition to the bequest mentioned in the will, it will not satisfy the

bequest mentioned in the will. If nothing is said which expressly

shows the wish or intent of the devisor, the presumption is, that it is

to apply on the bequest, or if sufficient in amount, that it satisfies

the bequest. The intent of the testator may be determined by the

circumstances connected with the payment. If a sum of money is paid by

a testator during his lifetime to a legatee mentioned in his will, to

apply on the bequest, the payment is sometimes called an _advancement_.

=363. Form of Will.=

I, John Brown, of the City of Chicago, County of Cook, and State of

Illinois, being about 61 years of age, and of sound and disposing mind

and memory, do make and publish this my last will and testament.

_First_, I desire that all my debts and the expenses connected with my

funeral be paid.

_Second_, I give, devise and bequeath to my wife, Jane Brown, the sum

of $10,000.00, all the household furniture and chattel property of

every kind and nature used in and in connection with our residence,

and a life estate in my two farms.

_Third_, I give and devise to my two sons, John Brown, Jr., and Clark

Brown, jointly, my farm known as the "Home Place." This devise is

subject to the life estate of my wife mentioned in division two of my

will.

_Fourth_, I give and devise to my daughter, Anna Brown, my farm known

as the "North Place," during her life, and at her death to her lawful

issue. This devise is subject to the life estate of my wife, provided

for in division two of this will.

_Fifth_, the balance of my personal property I give and bequeath to

Smith Home for Aged Men, of Chicago.

I appoint my son, John Brown, Jr., executor of this will, and revoke

all former wills. In witness whereof, I have subscribed my name this

10th day of September, 1909.

JOHN BROWN.

The foregoing instrument was signed by the said John Brown in our

presence, and by him published, and declared to be his last will and

testament, and at his request, and in our presence and in the presence

of each other, we subscribed our names as attesting witnesses at

Chicago, Illinois, this 10th day of September, 1909.

THOMAS JONES, Residing at 21 State St.,

JAMES JOHNSON, Residing at 4704 Drexel Ave.,

Chicago, Ill.

COURTS AND LEGAL REMEDIES

=364. Courts.= Courts may be defined to be the institutions established

by the government to settle disputes and to administer justice. They

may consist of a judge sitting alone, of several judges sitting

together, or of a judge and a jury. Courts are assisted in their

work by bailiffs and clerks. Attorneys who conduct the trials for the

opposing parties are officers of the court. They can be fined and

imprisoned for refusing to obey the lawful order of the court. In

general, courts may be divided into state courts and federal or United

States courts.

=365. Federal Courts.= The Constitution of the United States provides

that:

"The judicial powers of the United States shall be vested in one

supreme court, and in such inferior courts as the Congress may from

time to time ordain and establish. The judges both of the supreme and

inferior courts shall hold their offices during good behavior, and

shall at stated times receive for their services a compensation, which

shall not be diminished during their term of office."

The United States Constitution further provides that:

"The judicial power shall extend to all cases in law and equity

arising under the constitution, the laws of the United States, the

treaties made, or which shall be made, under their authority; to all

cases affecting ambassadors, other public ministers and consuls; to

all cases of admiralty and maritime jurisdiction; to controversies to

which the United States shall be a party; to controversies between two

or more states, between a state and citizens of another state, between

citizens of different states, between citizens of the same state

claiming land under grants of different states, and between a state

and the citizens thereof, and foreign states, citizens or subjects."

Congress has provided for District Courts, Circuit Courts, and Circuit

Courts of Appeal, which, in addition to the Supreme Court, constitute

the Federal or United States Courts.

=366. United States District Courts.= The United States as a whole is

divided into districts. Each district is presided over by one United

States judge, called a district judge. Each state constitutes at least

one district and some states are divided into several districts. For

example, Ohio has two districts, called the Northern and Southern

Districts of Ohio. New York has four districts, called the Northern,

Southern, Eastern, and Western Districts. The judges are appointed

for life, or during good behavior. The appointments are made by the

President of the United States, by, and with the advice and consent of

the senate. Each district judge is required to reside in the district

for which he is appointed.

=367. United States Circuit Courts.= The entire territory of the United

States is divided into nine sections, and each section comprises the

jurisdiction of a separate United States Court. That is, there are

nine Circuit Courts in the United States. Each circuit is composed of

several districts. For example, the sixth circuit is composed of the

states of Ohio, Kentucky, Michigan, and Tennessee. Each circuit has at

least two circuit judges, and is presided over by one of the judges

of the Supreme Court of the United States. The Circuit Court holds

court in each district of the circuit, and the Circuit Court of each

district is composed of the United States Supreme Court judge presiding

over the circuit, the two circuit judges, and the district judge of

the district. The Circuit Court holds court at different times in each

district of the circuit. Any one judge may hold court alone. Usually,

trials in Circuit Courts are presided over by one judge.

The United States Circuit Court and the United States District Courts

have original and exclusive jurisdiction of practically all the cases

which may be brought in the United States Courts. The United States

Supreme Court has original jurisdiction of a few important classes of

cases. By _original jurisdiction_ is meant the right to commence cases

in the particular court. By _appellate jurisdiction_ is meant the right

to take a case from one court to a higher court upon appeal or writ

of error, for the purpose of having the case retried or examined for

errors of law.

=368. United States Circuit Court of Appeals.= Each of the circuits in

the United States has a Circuit Court of Appeals. This court consists

of one member of the United States Supreme Court, who acts as presiding

judge, and the two circuit judges of the circuit. At least two judges

must be present to hold court. If two of the regular circuit judges

are not present, a district judge of any district of the circuit may

act. A district judge cannot sit as judge of the Court of Appeals in

determining cases in the trial of which he acted as district judge. The

Circuit Court of Appeals has no original jurisdiction. It is solely

an appellate court. Cases from the District and Circuit Courts may be

appealed to it, and brought before it on writs of error. Some cases may

be appealed direct to the Supreme Court of the United States from the

District and Circuit Courts. The Circuit Court of Appeals has final

jurisdiction in many matters appealed to it.

=369. The Supreme Court of the United States.= The Supreme Court of the

United States holds court at Washington, and consists of nine judges.

It has original jurisdiction in some important matters, and cases may

be appealed to it, or tried on writs of error from the District Court,

Circuit Court, and Circuit Court of Appeals. The Constitution of the

United States provides that, "In all cases affecting ambassadors, other

public ministers and consuls, and those in which a state shall be a

party, the Supreme Court shall have original jurisdiction."

=370. United States Courts with Admiralty Jurisdiction.= The

Constitution of the United States provides that the United States

Courts shall have jurisdiction over admiralty and maritime cases.

Admiralty cases comprise those cases arising out of breach of contract,

or out of injuries occurring upon the seas or navigable waters within

the jurisdiction of the United States. The District Courts of the

United States are given original jurisdiction in admiralty cases. In

the trial of admiralty cases, the judge acts alone and is not assisted

by a jury.

=371. State Courts.= The United States Constitution provides that,

"The powers not delegated to the United States by the Constitution nor

prohibited by it to the states, are reserved to the states respectively

or to the people." Thus, the provision of the United States

Constitution, authorizing the creation of federal courts does not

prevent the states from establishing and maintaining courts. Each state

has its own courts. In fact the bulk of litigation is tried by state

courts. The courts of the different states differ somewhat in name and

jurisdiction. Most of the states have a court of inferior jurisdiction

where small cases involving $300.00 or less, are tried, and a County

Court where cases involving more than $300.00 are tried, and to which

cases may be appealed from the inferior courts. The inferior court

is usually called a Magistrate Court, or a court of a Justice of the

Peace. All states have a court of last resort, usually called a Supreme

Court. The primary function of state Supreme Courts is to hear appealed

cases and cases brought to it upon writs of error. They have very

little original jurisdiction. Supreme Courts consist of judges only.

They have no juries.

Some states have an Appellate Court inferior to the Supreme Court,

which has jurisdiction to hear cases on appeal and error. The states

also have courts for the administration of estates, called Probate,

Surrogate, or Orphans' Courts.

=372. Courts of Equity.= Originally in England, the king was regarded

as having original right to administer justice. It became the custom

to appeal to the king in cases where the common law rules afforded

no remedy. Later, appeals were made to the chancellor, the king's

secretary. Cases were also referred by the king to the chancellor. In

time, a distinct court, governed by well established precedents and

rules, was established. These courts were called the Courts of Chancery

or Courts of Equity. Their jurisdiction covered only those cases not

covered by Courts of Law. Chancery courts consisted of a judge only,

or a number of judges who heard and determined cases without the

assistance of a jury. Courts of Equity are recognized in this country,

but few states have separate courts of Equity or Chancery. The same

judge is authorized to act as a Court of Law and a Court of Equity.

Equity has jurisdiction of those cases only, in which there is no

adequate remedy at law.

If _A_ makes a contract with _B_ by which he purchases a certain

desirable house and lot and _B_ refuses to make the transfer, and

if the house and lot are of such a character that _A_ cannot obtain

another which suits his purpose and fancy, _B_ may be compelled by a

Court of Equity to transfer the lot to _A_. A Court of Law would give

_A_ money damages for breach of contract, but would not compel _B_

specifically to perform the contract. The United States, as well as the

states, has Courts of Equity.

=373. Legal Actions and Their Enforcement.= Legal actions may be said

to be of three kinds, those arising out of contract, those arising

out of torts, and those arising out of crimes. Crimes are punishable

by fine, imprisonment, or death. The state, through its officers,

punishes criminals. In theory, a crime is a wrong committed against the

community. The community, that is, the state, through its officers,

convicts and punishes persons who have committed crimes. The person

who is injured personally, or whose property is injured, has an action

for damages against the party committing the wrong. This action is

independent of the crime. The same act may render a person liable to

punishment for committing a crime, and liable to an action for damages

to the injured party. If a person wrongfully strikes another and

injures him, the state may punish the guilty party for committing a

crime, and the injured person may sue him for damages.

Legal actions arising out of injuries to persons and property as

distinguished from crimes are called _civil_ actions. Civil actions

arise out of breach of contract, or out of torts. If a person fails

to pay a promissory note, or to perform any contract, a legal action

arises out of contract. If a person slanders another, or wrongfully

strikes him, a legal action arises out of tort. Legal actions are

enforced by the injured or complaining party filing a complaint in

court. The party against whom the complaint is filed is notified of the

suit by an officer of the court. This notice is called the _summons_.

The written complaint is usually called the _petition_. The complaining

party is usually called the _plaintiff_. The party against whom the

petition or complaint is filed is called the _defendant_. The defendant

is allowed a certain time in which to file a statement of his defense.

This written statement of the defendant in which he sets forth his side

of the case is called an _answer_. These written statements are called

the _pleadings in the case_. The parties then appear in court with

their witnesses and the case is heard. The judge determines questions

of law, and the jury determines questions of fact. The decision of the

jury is called the _verdict_. The twelve jurymen must agree to enable

them to render a verdict. If they disagree, a new trial with another

jury is held. The judge may set aside a verdict, and grant a new trial

if the verdict is irregular, or contrary to law. When a judgment

has been rendered, execution may be levied upon the property of the

defeated party for the amount of the judgment and costs. Execution

is levied by the sheriff, who seizes and sells the property of the

defeated party, sufficient to satisfy the judgment.

QUIZ QUESTIONS

MORTGAGES

1. What was the nature of a mortgage at _common law_?

2. At common law who had the possession of real property mortgaged?

3. Is a mortgage a contract?

4. What names are applied to the parties to a mortgage?

5. At present who is entitled to possession of mortgaged real estate?

6. Under what circumstances, if any, may a deed be construed to be a

mortgage?

7. What is the ordinary consideration to a mortgage contract?

8. May a mortgage be given to secure a future indebtedness?

9. What is meant by the _debt secured by a mortgage_?

10. Is an oral mortgage of real estate enforceable?

11. Distinguish a _mortgage_ and a _deed_.

12. If a mortgagor stipulates in the mortgage that he waives his equity

of redemption can this stipulation be enforced against him?

13. What is meant by _power of sale mortgage_?

14. Explain attestation of a mortgage.

15. Explain acknowledgment of a mortgage.

16. When does a mortgage become effective?

17. Define _delivery in escrow_.

18. What interest in real estate may be mortgaged?

19. Is a mortgage of real estate regarded as a transfer of the real

estate?

20. Explain _recording mortgages_.

21. What is the necessity of recording mortgages?

22. May a mortgagee transfer title to the real estate?

23. What interest in the real estate mortgaged can a mortgagee transfer?

24. If a mortgagee sells the debt what becomes of the mortgage?

25. How may mortgages be satisfied?

26. Define and explain _equity of redemption_.

27. Define and explain _foreclosure of mortgages_.

TRUSTS

1. Define _trusts of property_.

2. Classify trusts.

3. Define _grantor of a trust_.

4. Define and give an example of _settlor of a trust_.

5. Define and give an example of a _trustee of a trust_.

6. Define and distinguish _beneficiary of a trust_, and _cestui que

trust_.

7. What classes of persons may be parties to a trust?

8. What kinds of property may be the subject of a trust?

9. Define and give an example of an _express trust_.

10. Define and give an example of an _implied trust_.

11. Define and give an example of a _resulting trust_.

12. Define and give an example of a _constructive trust_.

13. Who has the legal title to trust property?

14. Is a person named in a declaration of trust as trustee, obliged to

accept the trust?

15. What are the duties and liabilities of a trustee?

16. May a beneficiary of a trust convey title to the trust property?

17. If a trustee wrongfully disposes of trust property what remedies,

if any, has the beneficiary?

LANDLORD AND TENANT

1. Define _lessor_ and _lessee_.

2. Distinguish _lease_ and _sale_.

3. Distinguish _lease_ and _assignment_.

4. Is a lease a contract?

5. Does a lease carry with it an implied warranty that the premises

described are in good condition?

6. _A_ rents _B's_ house for one year. _C_, a stranger, without right

attempts by legal action to evict _A_. Does _A_ have a right of

action against _B_ for breach of implied warranty of quiet

enjoyment?

7. For what purposes may a tenant use leased premises?

8. In the absence of express agreement what party to a lease is obliged

to pay taxes and insurance on the leased premises?

9. A lease provides that the tenant is to pay the taxes. A special

assessment for paving is levied. Is the tenant obliged to pay this

assessment?

10. Who is obliged to pay water rent in the absence of any special

agreement in a lease?

11. Who is obliged to pay for ordinary repairs?

12. At common law was a tenant relieved from paying rent by the

destruction by fire of the leased premises?

13. What is the rule at the present time as to release of a tenant's

obligation to pay rent in case the buildings leased are destroyed

by fire?

14. Is there an implied obligation on the part of the landlord to

deliver leased premises in any particular condition?

15. If a tenant is injured by reason of secret defects in the premises

is the landlord liable to him for the injury?

16. If snow and ice are permitted to accumulate on the walk of the

leased premises, causing injury to third persons, is the landlord

or tenant liable for the injury?

17. May a tenant become liable for rent without any express agreement

to that effect?

18. May a tenant be liable for rent without being in possession of the

leased premises?

19. _A_ rents _B's_ house, nothing being said about the condition of

the plumbing. The plumbing leaks. Is _A_ obliged to take the house?

20. If a tenant abandons the rented premises before expiration of the

term of the lease and so notifies the landlord, is he liable for

the balance of the rent?

21. In case a tenant abandons the rented premises, what three remedies

has the landlord?

22. Define _distress_.

23. At common law could a landlord sell personal property distrained?

24. What is the present-day method of distraining for rent?

25. Define _lease_.

26. Must a lease be in any particular form to be legal?

27. What leases, if any, must be in writing?

28. What is meant by attestation of a lease?

29. Define _acknowledgement_.

30. What is the necessity of acknowledgment of a lease?

31. What is the necessity of recording leases?

32. Define, and give an example of an _express covenant_.

33. Define, and give an example of _implied warranty_.

34. Is there any limitation upon a landlord's right to transfer his

interest in a lease?

35. Is there any limitation upon a tenant's right to transfer his

interest in a lease?

36. If _A_, a landlord, assigns his lease to _C_ without notifying _B_,

the tenant, and later the tenant pays _A_, who is insolvent, can

_C_ collect the rent from _B_?

37. Define _attornment_.

38. If a tenant assigns his lease is he relieved from his obligation to

pay rent?

39. Define, and give an example of a _lease for years_.

40. _A_ rents _B's_ house for one year, agreeing to pay rent in monthly

installments. Is the lease one for years, or from month to month?

41. Is a lease real or personal property?

42. What is the practical distinction between a lease for years and a

lease from month to month?

43. When, if at all, may a tenant sublet?

44. Distinguish _assignment_ and _sublease_.

45. If a tenant sublets the premises is he relieved of his obligation

to pay rent?

46. Define and give an example of an _estate at will_.

47. Distinguish an estate at will from an estate for years, and an

estate from year to year.

48. If a tenant for years is permitted to hold over his term with

consent of the landlord, in most jurisdictions is the new tenancy

one at will, or one from year to year?

49. Define, and give an example of a _tenancy at sufferance_.

50. Define and give an example of an _estate from year to year_.

51. _A_ leases a house for a month with the understanding that it is to

continue for similar periods if agreeable to both parties. Is the

lease from year to year?

52. _A_ rents _B's_ house for one year. At the expiration of the year

_A_ is permitted by _B_ to hold over for a month. _B_ then

endeavors to eject _A_. _A_ claims he has a lease for eleven more

months. Is _A_ correct in his assertion?

53. Is a lease from year to year terminated by mere lapse of time?

54. Does breach of a condition or covenant, in the absence of an

express stipulation in the lease making it a forfeiture, constitute

a ground of forfeiture?

55. Do leases for years require any notice to terminate?

56. Do leases from year to year require any notice to terminate?

57. In general, in what manner must notice to terminate a lease be

given?

58. Define and give an example of a _surrender_.

59. Does abandonment of the premises by a tenant without consent of the

landlord, constitute a surrender?

60. If a tenant abandons the rented premises, may the landlord relet

for the account of the tenant?

61. Distinguish _breach of lease_ from _surrender of lease_.

62. If a landlord commits a breach of lease by failing to repair

according to agreement, what is the measure of the tenant's

damages?

63. If a tenant abandons the rented premises what are the landlord's

remedies?

64. If a tenant abandons rented premises, may a landlord permit the

premises to remain vacant, and collect rent from the tenant for the

balance of the term?

65. If a tenant abandons a lease and the landlord desires to relet for

the account of the tenant, must he notify the tenant that he takes

possession, and relets for that purpose?

66. How may a landlord recover rent?

67. How may a landlord recover possession of leased premises when the

lease has expired, or is broken?

TRADE MARKS AND TRADE NAMES

1. What is the purpose of trade marks?

2. May anything other than words, letters, or figures be used as a

trade mark?

3. May a word which describes the article on which it is used be used

as a trade mark?

4. May a name of an individual be used as a trade mark?

5. May a name of a place or locality be used as a trade mark?

6. If a person uses a mark without any intention of its becoming a

trade mark, does he acquire a valid trade mark therein?

7. _A_ has acquired a trade mark on flour; has he also acquired the

same trade mark on stoves manufactured by him?

8. If _A_ has acquired a trade mark on flour, can _A_ prevent _B_ from

using the same trade mark on stoves?

9. What length of time is required to obtain a valid trade mark?

10. _A_ used a trade mark on flour for two years, and ceased using it

for two years. In the meantime _B_ used the trade mark. To whom

does the trade mark belong?

11. What trade marks, if any, may be sold?

12. Define _trade name_.

13. What is the distinction between _trade marks_ and _trade names_?

14. May a person acquire a trade name in a name describing the article

manufactured?

15. How is a trade name acquired and how long must it be used to be

acquired?

16. May a person acquire a trade name in a geographical name?

17. What is meant by _unfair trade_?

18. Is it unlawful for a person to adopt as a trade name or trade

mark, a name or mark descriptive of the article manufactured, or a

geographical or a proper name?

19. _A_ used the name "Chicago Varnish Co.," for ten years, and

advertised the name extensively, spending large amounts of money in

this connection. _B_ adopts the name, "Chicago Varnish Co.," and

the public purchases his product thinking they are buying _A's_

product. Can _A_ prevent _B_ from using the name "Chicago Varnish

Co."?

20. Is everyone entitled to use his own name in the manufacture or sale

of any article he pleases?

21. Who may register trade marks, and when may they be registered?

22. Does registration of a mark constitute it a trade mark?

23. What is the advantage of registering a trade mark?

24. How may registered trade marks be transferred?

WILLS

1. Define _will_.

2. When does a will take effect?

3. Can both real and personal property be disposed of by wills?

4. Distinguish the terms _will_ and _testament_.

5. Define and distinguish the terms _testator_ and _devisor_.

6. Define the term _devise_.

7. Define the term _bequeath_.

8. Define and distinguish the terms _devisee_ and _legatee_.

9. What are the most common statutory requirements of a will?

10. Is a will a contract?

11. By the laws of what state is a will disposing of real property

governed?

12. By the laws of what state is a will disposing of personal property

governed?

13. May a will be in the form of a letter addressed to a beneficiary

named in the will?

14. In a will does any present interest in the property pass to the

beneficiaries at the time the will is made?

15. When, if at all, may a will be revoked?

16. May a person under legal age make a will?

17. Can a married woman make a will?

18. What test is applied in determining whether a person is mentally

capable of making a will?

19. What kinds of property may be disposed of by will?

20. Must a will be in writing?

21. May a will be printed?

22. Define and describe _signing_, _attesting_, and _acknowledging a

will_.

23. Define and describe _publication of a will_.

24. Give an example of a contract to make a will.

25. May a contract to make a will be revoked?

26. Define and give an example of _holographic will_.

27. What is the distinguishing feature between a holographic will and

an ordinary will?

28. Define and describe _nuncupative wills_.

29. May real property be disposed of by a nuncupative will?

30. When, and by whom must a nuncupative will be reduced to writing?

31. Must a nuncupative will be attested?

32. What is meant by _revocation of a will_, and by whom, when, and how

may a will be revoked?

33. Define and describe _alteration of a will_.

34. Define _codicil_.

35. When, and how, may a lost will be proven?

36. Define and give an example of _abatement_.

37. What is meant by _ademption of a legacy_?

COURTS AND LEGAL PROCEDURE

1. Define _courts_.

2. In general how may courts be classified?

3. By what authority are Federal Courts established?

4. What is the term of office of Federal judges?

5. Classify Federal Courts.

6. How many United States District Courts are there?

7. How many United States Circuit Courts are there?

8. How many Circuit Court judges are there in each circuit?

9. Do the Supreme Court judges and District judges have anything to do

with the Circuit Courts? If so, what?

10. What is meant by _original jurisdiction_, as applied to a court?

11. Does the United States Circuit Court of Appeals have any original

jurisdiction?

12. How many United States Supreme Court judges are there?

13. What, in general, is the jurisdiction of the United States Supreme

Court?

14. Where are admiralty cases tried?

15. What cases are included in term admiralty cases?

16. Are juries used in the trial of _admiralty cases_?

17. By what authority are State Courts established?

18. Classify, in general, State Courts.

19. What are Courts of Equity, and over what classes of cases do they

have jurisdiction?

20. Classify legal actions.

21. Give an example of an act which is both a tort and a crime.

22. Define _plaintiff_ and _defendant_.

23. Define _pleadings_.

24. What is the function of a jury in the trial of a case?

25. Define _verdict_, and distinguish it from judgment?

26. How are judgments enforced?

INDEX

A

Abandonment, remedies of landlord for, 279

Abatement, definition of, 295

Acceptance

definition of, 15

of draft, 133

Acceptor

of negotiable instruments, 122

rights and liabilities of, 123

Acquisition of personal property, 179

Act of bankruptcy, 35

Act of God as affecting carriers, 225

Ademption, definition of, 295

Administrative law, definition of, 13

Advancement, definition of, 295

Adverse interest, 40

Age, legal, 16, 20

Agencies, irrevocable, 72

Agency

contracts within Statute of Frauds, 41

contracts which must be in writing, 41

definition of, 39

general, 43

purposes for which created, 42

ratification of, 42

special, 43

universal, 43

Agents

apparent authority of, 50

how appointed, 41

authority of, 43

to collect, 52

to warrant, 53

of corporations, 107

definition of, 39

delegation of authority by, 51

distinguished from master and servant, 39

duties of, to principal, 46

general, 43

principal to pay, 44

risks assumed by, 44

secret instructions of, 50

universal, 43

value of services, 44

who may be, 40

Anomalous indorser, 130

Appeal from one court to another, 298

Assessments

of corporations, 104

not included in taxes, 271

Assignment

of contract, 31

of insurance, 167

of lease, 269

notice of, 274

oral, 274

Assignability distinguished from negotiability, 113

Attestation

of deeds, 245

of will, 291

Attornment, definition of, 274

Auctioneer, 55

B

Baggage

what constitutes, 234

duty of innkeeper to receive, 236

sample cases, 234

Bailee

definition of, 205

liability of, 212

lien of, 212

right of possession of, 212

right of, against third persons, 212

right of, to use property, 212

right of, against bailor, 212

Bailment

classification of, 206

definition of, 205

distinguished from sale, 182

parties to, 205

for sole benefit of bailee, 208

for sole benefit of bailor, 207

what constitutes a, 206

Bailor

bailments for sole benefit of, 207

definition of, 205

Banks

checks on, 153

of circulation, 151

classified, 151

clearing houses, 157

definition of, 151

of deposit, 151

deposits in, 152

discount, 158

of discount, 151

exchange, 158

functions of, 152

interest, 158

loans of, 154

money, 157

national, 151, 155

pass books of, 153

powers of, 152

private, 151

rights of, in case of forged, altered, lost, or stolen checks, 154

savings, 156

state, 151

trust companies, 156

usury, 160

Bankruptcy

acts of, 35

definition of, 35

involuntary, 35

revokes agency, 59

voluntary, 35

Barter, distinguished from sale, 181

Bearer, negotiable instrument payable to, 112

Beneficiary of trust, 266, 269

Bequeath, definition of, 287

Bilateral contract, definition of, 19

Bill of exchange, definition of, 116

Bill of lading

definition of, 227

negotiability of, 227

valuation, 226

Blank indorsement, 124

Boarding housekeeper not an innkeeper, 235

_Bona fide_ holder of negotiable instrument, 135

Bonds

coupon, 118

definition of, 118

form of, 118

registered, 118

Breach of contract, 280

Brokers

definition of, 55

insurance, 55

stock, 55

real estate, 57

By-laws of corporations, 103

C

Capital of national banks, 293

Capital stock

of corporations, 103

decreasing, 105

increasing, 105

Capitalization of corporations, 103

Carrier

Act of God, 225

charges of, 230

common, 223

defined, 223

delivery of goods by, 229

delivery of goods to, 193

discrimination by, 230

of goods, 223

implied liability of, 224

interstate commerce act, 231

liability as insurer, 223

lien of, 230

limiting liability, 225

of mail, 230

negligence of shipper, 225

private, 223

public enemy, 225

stoppage _in transitu_, 229

title to goods in possession of, 227

Carrier of passengers

baggage, 233

definition of, 232

degree of care required of, 233

right to eject passengers, 233

rights and liabilities of, 233

Casualty insurance, definition of, 166

_Caveat Emptor_, rule of, in sales, 188

Certificate of protest, 136

Certificates of deposit, 121

Certificates of stock, 101

Certification of checks, 118

_Cestui que trust_

definition of, 265

rights and liabilities of, 269

Charter of corporations, 92

Chattel mortgage, 1

definition of, 247

distinguished from pledge, 218

distinguished from sale, 218

filing and recording, 220

form of, 250

mortgagee, 218

mortgagor, 218

parties to, defined, 218

possession of property, 218

redemption, 221

rights of mortgagee, 221

rights of mortgagor, 220

as security for a debt, 219

title in mortgagee, 218

Chattel real, definition of, 274

Chattels

definition of, 128

personal, 128

real, 128

Checks

on banks, 153

certification of, 118

definition of, 117

when returned, 153

Child may be agent, 40

Choses

in action, 178, 182, 219

in possession, 178, 182, 219

Circulation, banks of, 151

Clearing houses, 157

Codicil, definition of, 294

Cognovit promissory notes, 120

Collateral promissory note, 120

Collateral securities, definition of, 283

Combination of capital distinguished from trusts, 265

Commercial law, definition of, 13

Compensation of agent, 44

Conditional sale, definition of, 181

Conflict of laws in contracts, 30

Consideration

adequate, 17

in contracts of suretyship, 173

definition of, 17

good, 17

illegal, 17

in negotiable instruments, 132

past, 17

to trust agreement, 321

valuable, 17

Consolidation of corporations, 98

Constitution

definition of, 12

English, 12

limitation of, 95

Constructive trusts, definition of, 268

Continuing guaranty, definition of, 175

Contract

acceptance to, 15

as affected by duress, 28

as affected by frauds, 28

as affected by mistake, 29

agreement in, 15

assignment of, 31

bilateral, 19

breach of, 34

competent parties, 16

consideration to, 17

by correspondence, 25, 26

definition of, 14

dependent covenants in, 34

discharge of, 33

of drunkards, 22

elements of, 15

executed, 19

executory, 19

express, definition of, 18

forms of, 38

of idiots, 22

illegal, 27

implied, 18

independent covenants in, 34

of infants, 20

of insane persons, 22

of married women, 22

mutuality in, 19

offer to, 15

parties to, 16

of partnership, 77

remedies for breach of, 36

rescission of, 34

signing of, by corporation, 108

specific performance of, 37

_statu quo_ in, 34

Sunday, 27

by telegraph, 25, 26

trust created by, 266

under seal, 27

unilateral, 19

voidable, 20

warranty in, 34

will not a contract, 288

Corporation

act through agents, 39

by-laws of, 103

calls and assessments of, 104

capitalization of, 103

certificates of stock of, 101

charter of, 92, 95

common stock of, 105

consolidation of, 98

creation of, 92

_de facto_, 96

definition of, 90

directors of, 102

dissolution of, 111

distinguished from partnership, 90

dividends of, 106

estoppel of, 95

foreign, 110

franchise of, 90

kinds of, 94

meetings and elections of, 99

names of, 93

nature of, 90

object of, 90

officers and agents of, 107

organization of, 92

powers of, 91

preferred stock of, 105

promoters of, 96

regulation of, 103

reorganization of, 197

resolution of, 103

revocation of franchise of, 91

seal of, 91, 108

stockholders of, 100

_ultra vires_ acts of, 109

voting at meetings of, 99

watered stock, 105

Counterclaim good against assignee, 274

Coupon bonds, 118

Courts

appeal from one court to another, 298

classification of, 296

definition of, 296

reports, 12

Covenants

in deeds, 245

dependent, 34

express, 273

implied, 273

independent, 34

of leases, 273

Creditor to suretyship contract, 169

Credits, definition of, 154

Crime, agency to commit, 42

Crimes of corporations, 185

Criminal, 13

Cumulative voting at corporate meetings, 99

Custom as part of contract, 22

Customs make law, 11, 12

D

Damages, definition of, 13

Death

of partner, 87

revokes agency, 59

Debts

of another, 169

secured by chattel mortgage, 219

secured by mortgage, 257

transfer of, 261

Deeds

acknowledgment of, 246

conclusion of, 245

covenants in, 245

definition of, 243

description of property in, 244

formal parts of, 243

habendum clause, 245

indentures, 243

as mortgages, 256

premises of, 244

quit claim, 246

redendum clause, 245

signature of, 245

trust created by, 266

warranties in, 245

witnesses to, 245

_De facto_ corporation, 96

Defenses, 132

_Del credere_ agency, 56

Delivery

in escrow, 258

of goods, 193, 229

of mortgages, 258

of personal property sold, 184

Deposit

indorsement for, 129

banks of, 151

Devise, definition of, 287

Devisor, definition of, 287

Discharge of contract

by bankruptcy, 35

by breach, 34

by performance, 33

by subsequent agreement, 34

by tender, 33

Discount, definition of, 158

Dishonor, notice of, in negotiable instruments, 36

Dissolution of partnership, 87

Distress, definition of, 273

Distribution of assets of partnership, 88

Dividends of corporations, 106

Divisions of law, 12

Domestic exchange, 158

Dower estates

definition of, 31

cannot be taken away by will, 288

Draft

definition of, 116

presentment and acceptance of, 133

Drawee of negotiable instrument, 122

Drunkard

contracts of, 22

cannot enter into partnership, 78

Duration of estates, 239

Duress

as affecting wills, 289

as defense to payment of negotiable instrument, 131

as defense to suretyship contract, 176

definition of, 28

Duties

of agent to principal, 46

of partners to each other, 84

of partners to third persons, 85

of principal to agent, 44

E

Election of corporations, 99

Elements of a contract, 15

Emblements, definition of, 236

Enemy, public, as affecting carrier, 225

Equity

courts of, 37, 300

definition of, 37

of redemption in chattel mortgages, 221

of redemption in real estate, 263

Estate, trust, 265

Estates in land, 239

Estoppel,

of corporation from denying existence, 95

partnerships by, 77

Exchange

barter, 181

definition of, 158

of goods not a sale, 181

Executed contract, definition of, 19

Execution

of contracts of corporations, 108

definition of, 300

of leases, 273

of negotiable instruments, 108

Executory contract, definition of, 19

Exempt property, 206

Express contract, definition of, 18

Express trusts, definition of, 266

F

F. O. B., definition of, 227

Factors, definition of, 54

Federal court, 297

Fee simple estates, definition of, 239

Females, legal age of, 16

Fictitious name of partnership, 79

Fidelity insurance, definition of, 169

Foreclosure of chattel mortgages, 222

Foreclosure of mortgages, 264

Foreign corporation, 110

Foreign exchange, 158

Forfeiture of leases, 279

Forgery

of negotiable instruments, 130

ratification of, 42

Forms

of bond, 119

of certificates of deposit, 121

of certificates of protest, 136

of certificates of stock, 101

of cognovit note, 120

of collateral note, 120

of contract, 38

of judgment note, 120

of partnership agreement, 89

of will, 296

Franchise of corporation, 90

Fraud

defense, of in suretyship, 176

definition of, 28

effect of, upon lease, 277

effect of, on sale, 188

renders contract voidable, 28

Freehold estates, definition of, 239

G

Gambling contracts void, 28

Gift of personal property, 179

Government warehouses, 209

Grace, days of, 134

Guarantor

contract of, 171

notices to, 175

Guaranty

continuing, 175

general, 175

letter of, 175

limited, 175

special, 175

Guests, duty of innkeeper to receive, 235

H

Habendum clause in deed, 245

Hereditaments, 236

Highways, how established, 238

Holder in due course of negotiable instrument, 135

Holographic wills, 293

Homestead estates, 241

Hotelkeeper (see Innkeeper), 235

I

Idiot

contracts of, 22

cannot enter into partnership, 78

cannot be a principal, 40

relation to contract, 16

Illegal acts cannot be ratified, 42

Illegal agencies void, 42

Illegal consideration, 17

Illegal contracts, 27

Implied contract, definition of, 18

Implied contract of bailment, 206

Implied trusts, definition of, 267

Implied warranty, definition of, 189

Indemnity in suretyship, 178

Indorser

anomalous, 130

blank, 124

for collection, 129

contract of, in suretyship, 172

for deposit, 129

in full, 126

irregular, 172

liability of, 130

without recourse, 128

Infant

may be agent, 40

contracts of, 20

definition of, 40

may be partner, 78

cannot be principal, 40

may be trustee, 265

Infringement of trade mark, 283

Innkeeper

definition of, 235

duties and liabilities of, 235

lien of, 236

Innocent purchaser for value without notice, 135

Insane person may be agent, 40

Insane person to contract, 16

Insane person cannot be partner, 78

Insolvency of purchaser, 193

Insurable interest, definition of, 162

Insurance

assignment of, 167

broker, 55

contract, 160

definition of, 160

fidelity and casualty, 166

kinds of, 162

life policies, 165

marine policies, 165

open policy, 168

representations in contracts of, 164

standard policies, 166

suicide clauses in policy of, 166

term policies, 165

tontine policies, 165

underwriter's, 161

valued policy, 168

warranties in contracts of, 173

who must pay on leased premises, 271

Interstate commerce act, 231

Involuntary bankruptcy, 35

Irrevocable agencies, 59

J

Joint liability of parties, 32

Judgment

definition of, 300

promissory note, 120

Justice of peace court, definition of, 299

L

Landlord and tenant

attornment, 274

definition of, 269

implied warranty, 270

lease, 269

notice, 279

rent, 272

taxes, repairs, and insurance, 271

Law

administrative, 13

commercial, 13

constitutional, 12

criminal, 13

definition of, 11

division of, 12

private, 13

public, 13

sources of, 12

statute, 12

unwritten, 12

written, 12

Law merchant, 113

Leases

acknowledgment of, 273

assignment of, 269

covenants of, 273

definition of, 269

forfeiture of, 279

form of, 273

recording, 273

signing, 273

termination of, 279

transfer of, 274

witnessing, 273

Legal tender, 33, 157

Legatee, definition of, 287

Lessee, definition of, 269

Lessor, definition of, 269

Liabilities

of agent and principal, 46

of agent to third person, 47

of partners to each other, 84

of principal to agent, 44

of undisclosed principal, 48

Lien

of bailee, 212

of carrier, 230

at common law, 212

how enforced, 212

of innkeeper, 236

seller's, 193

Life estates, 240

Life policies of insurance, 165

Limited partnership, 89

Loans, definition of, 154

Lost wills, how proven, 294

M

Magistrate, court of, definition of, 299

Males, legal age of, 16

Marine insurance, definition of, 165

Married women, contracts of, 22

Membership, changes of, in partnership, 86

Mercantile agencies, definition of, 154

Minds, meeting of, 15

Mistake of fact, 29

Mistake of law, 29

Money, definition of, 157

Mortgagee, definition of, 218, 256

Mortgages

debt secured by, 257

deeds as, 256

definition of, 255

delivery of, 258

elements of, 258

equity of redemption, 263

foreclosure of, 264

parties to, 256

of personal property, 218

recording, 260

satisfaction of, 262

transfer of, 261

Mortgagor

definition of, 256

rights of, 220

Mutuality in contracts, 19

N

National banks

capital of, 155

how created, 155

U. S. corporation, 92

Necessaries, definition of, 20

Negligence

gross, 210

liability of agent for, 46

ordinary, 210

of shipper, 225

slight, 210

Negotiable instruments

_bona fide_ holder of, 135

definition of, 112

forgery of, 130

origin of, 112

parties to, 122

presentment and acceptance, 133

presentment for payment of, 135

promissory notes, 114

purpose of, 112

requisites of, 122

signing, by corporations, 108

Negotiability

of bill of lading, 227

definition of, 112

distinguished from assignability, 113

Note

cognovit, 120

collateral, 120

definition of, 114

judgment, 120

Nuncupative wills, 293

O

Open insurance, 168

Oral assignment of leases, 274

Oral contract, 41

Organization of corporation, 92

Ostensible partner, definition of, 79

P

Partners

agreement of, 81

definition of, 77

distribution of assets of, 88

duties of, to each other, 84

kinds of, 79

powers of, 82

property of, 82

survivorship of, 87

withdrawal of, 86

Partnership, 77-90

Pass book of banks, 153

Pawnbrokers, 55

Payee of negotiable instrument, 122

Partial assignments, 274

Perpetual succession of corporation, 91

Perpetuities, rule against, 239

Personal property

definition of, 178

mortgages of, 218

possession of, 179

sale of, 179

title to, 179

transfer of, 179

Pledgee, definition of, 214

Pledges, definition of, 213

Pledgor, definition of, 214

Preferred stock, 105

Principal, definition of, 39

Q

Quit claim deed, definition of, 246

Quorum at corporate meetings, 99

R

Real property, definition of, 236

Redemption

equity of, in real estate mortgage, 263

mortgagor's right of, in chattel mortgage, 221

of pledged property, 217

Redendum clause in deed, 245

Registration of corporation, 103

Registration of trade marks, 286

Reinsurance, definition of, 167

Remainder, estates in, 212

Rent

action by landlord to recover, 281

definition of, 272

when payable, 272

Reorganization of corporation, 97

Rescission

of contract, definition of, 34

of sale by reason of fraud, 188

Revocation of agency, 58

Revocation of offer, 25

Revocation of wills, 294

Rights, definition of, 11

S

Sale

caveat emptor, 188

definition of, 179

distinguished from bailment, 182

implied warranty, 190

of pledged property, 214

of trade mark, 283

Savings banks

definition of, 156

deposits in, 152

pass books of, 153

Seal

contract under, 27

definition of, 27

private, 27

use of, by corporation, 108

Signature

of agent to written instruments, 53

to deeds, 245

to a will, 291

Silent partner, definition of, 79

Spoliated wills, how proven, 294

_Statu quo_, definition of, 35

Statute of Frauds

as affecting contracts, 23

agency contracts within, 41

as applied to leases, 273

contracts of suretyship within, 174

partnership contracts within, 78

in sales, 183

Statutes, definition of, 12

Stock

common, 105

increasing and decreasing, 105

preferred, 105

watered, 105

Stockholders of a corporation, 102

Stoppage _in transitu_, 193, 229

Storage companies, 209

Subagents, 51

Subletting, 272

Subrogation in suretyship, 177

Sufferance

estates at, 242

leases at, 277

Sunday contracts illegal, 27

Surety contract of, 170

Surety companies, 177

Suretyship, 169-178

Survivorship in partnership, 87

T

Taxes, 271

Tearing wills, 294

Telegraph, contracts by, 25

Tenancies

at sufferance, 277

from year to year, 278

for years, 275

at will, 277

Tenant, definition of, 269

Tender, definition of, 33

Tenements, definition of, 236

Testament, definition of, 287

Testator, definition of, 287

Third persons

contracts for benefit of, 21

property held for benefits of, 265

Title to negotiable instruments, 215

Title to

personal property, 179

pledged property, 215

real property, 243

trust property, 266

Tontine policies of insurance, 165

Torts, 46, 111

Trade marks, 282

Trade name, 284

_Transitu_, stoppage in, 193, 229

Treaties, definition of, 12

Trust companies, definition of, 156

Trustees, 265

Trusts, 265

beneficiary of, 266

classified, 265

consideration to, 267

how created, 266

U

_Ultra vires_ acts of corporation, 109

Underwriter, definition of, 161

Undisclosed principal, 48

Unfair trade, 285

Unilateral contract, definition of, 19

Universal agents, 43

Unwritten law, 12

Usury, 160

V

Valued insurance, 168

Verdict, definition of, 300

Voluntary bankruptcy, 36

Voting by proxy, 99

W

Wagering contracts void, 28

Warehousemen, 209

Warranties

in deeds, 245

in insurance contract, 164

Warranty

in contracts, 34

deeds, 244

express, 189

implied, 190

Watered stock of corporations, 105

Wife, dower of, 288

Will

ademption, 295

codicil, 294

creation of trusts by, 266

definition of, 287

duress, 290

estates at, 242

form of, 296

holographic, 293

leases at, 277

nature of, 288

nuncupative, 293

publication of, 292

revocation of, 294

signature to, 291

statutes regulating making of, 288

who may make, 289

witnessing, 291

Witnesses

to deeds, 245

to a will, 291

Written law, 12

TRANSCRIBER'S NOTE:

-Obvious print and punctuation errors were corrected.

Cyclopedia of Commerce, Accountancy, Business Administration, v. 03 (of 10) · 第 9 / 9 章