Letter of credit, 161.

Levy and sale, 365.

Liability, joint and several, 49.

Lien, for payment of services, 214.

of auctioneer, 110.

of common carrier, 221.

of innkeeper, 219–220.
of seller of goods, 106.

Life estate, 265-266.

Life insurance, 246–250.

accident insurance, 253.
forms of, 246.

notice of death, 250.

requirements of contract, 246-249.
suicide, 249.

Lightning clause in fire insurance, 242.

Limitations, Statute of, 69-71.
Limited partnership, 305.

Liquidated damages, 68.

Litigation, settlement to avoid, 44.
Lobbying, contracts for, 37.
Lost property, 89, 206.

L.S., meaning of, 12.

Machinery, as fixtures, 294-298.
Mail orders, 93.

Maker of a promissory note, 151.
Marine insurance, 250-253.
losses, 252.

Marriage, contracts affecting, 37.
effect on agency, 138–139.
estates by, 267.

promises in consideration of, 52, 55.
Married women, contracts of, 20.

agency contracts, 138-139.
Master of a vessel, powers, 89, 125.

Maturity of negotiable instruments, 169.
Minors, 15; see Infants.

Misdemeanor, defined, 359.

Misrepresentation, in contracts, 28–32.

in insurance, 240-241, 248, 249, 251.
Mistake, in contracts, 27.

Money, kinds legal tender, 60.
Money orders, 161.

Moral law, 2.

Moral obligations, consideration, 45-46.
Mortgage, 279-282; defined, 279.

assignment, 281.

chattel, 99; form, 388.

clause in fire insurance, 245.

discharge of, 281.

foreclosure of, 281.
form, 280, 387.

satisfaction of, 282; form, 387.
second, 282.

Mortgage bonds, 163.

Mortgagee, defined, 279.

Mortgagor, defined, 279.

Mortuary tables, 248.

Municipal law, 2--5.

Necessaries, defined, 18.

infant's contracts for, 18-19.
Negligence, of bailee, 205.

of injured employee, 127, 379.
Negotiability, 164.

Negotiable instruments, 146-188; de-
fined, 146, 147.

alteration of, 178.

bills of exchange, 154-158.
checks, 158-160.

credits, 184-186.

defenses, 175-180.

discharge, 180-182.

dishonor of, 170–172.

essential conditions, 146–151.

forms, 383-384.

indorsement, 164–167.

maturity of, 169.

negotiable form, 148.

negotiation, 163–174.

permissible omissions, 150-151.
presentment and demand, 168–170.
promissory notes, 151–154.
protest, 172.

special forms of, 160-163.

313-315, 318-320.

limited, 305.

name, 314.

notice to, 314.

property, 309.
reality of, 305-307.

remedies against, 315.

rights of partners, 308–313.

trade-marks and trade names, 309
Passengers, carriers of, 229-231.
Pawn, 215.
Payee, 151, 154.

rights of, 173.

Penalties, defined, 4, 5.

Personal credit, 184.

Personal defenses, 176–177.

Personal property, defined, 8, 293.

fixtures, 293-300.
sales of, 85-112.

Petition, in an action, 362.

Physician, license required for, 35.
Plaintiff, defined, 4, 5, 361.
Plate glass insurance, 255
Plea, in an action, 362.
Pleadings, in an action, 362–363.
Pledge, 215-217.

Pledgee may sell, 89.

Policy, defined, 238.

fire insurance, 239, 241-245;
cellation, 244; renewals, 244.
life insurance, 248.

can-

Possession and ownership, 9.
Potential existence of goods sold, 91.
Power of attorney, 17, 123; form, 382.
Preferred stock, 336, 335.

Premium, defined, 238.

life insurance, 246, 248, 249.
Prescription, title by, 271.

Presentment and demand, 168-170.
Price, defined, 94.

Real property (continued).
mortgages, 279–282.
ownership of, 270.
sale of, 271.

title to, 270.

Reality of consent in contracts, 26-33.
Receiver, for bankrupt's property, 350.
Recording, of deeds, 275.

of mortgages, 281.
Referee, 360, 366.
Registered bonds, 163.
Remainder, estate in, 267.
Replevin, 108, 366.

Reply, in an action, 363.

Representation in contracts, 28–32.
in fire insurance, 240.

Restaurant keepers, 218.

Restraint of trade, 37-38, 378.

Restrictive indorsement, 166.

Reversion, estate in, 267.

Reward for information as to criminals, 23.

Right of action, 63-70.

Risk, defined, 238.

Sale, 85-87, 90.

auction sales, 109-110.
bill of sale, 94; form, 382.
by description, 103, 104.
by sample, 102–103.
conditional, 97-100.

contracts to sell, 85, 90-94; defined,

85; when required to be in writing,
94-97; remedies for breach, 105-

109.
distinguished from bailment, 86-87.
installment, 97.

of personal property, 85-112.
of real property, 271.
on approval, 92.

on "sale or return," 92.

parties to, 87-90.

remedies for breach, 105-109.
seller must have good title, 88.
Statute of Frauds, 94-97.
under execution, 365.
warranties, 100-105.
when title passes, 91-93.
Sales of Goods Act, 85.
Sample, sale by, 102-103.

Satisfaction of mortgage, 282; form, 387.

Telephone, contracts made by, 46.
Tenancy, joint, 9, 269.

Tenancy in common, 9, 269.
Tenant, and landlord, 283-287.

right to fixtures, 294–298.
Tenant for life, 265-266.
Tender of payment, 59–60.
Tenure, 288.

Testimonium clause in a deed, 273.
Thief acquires no title, 89.
Third parties, in agency, 132-134.
in contracts, 48.
Time draft, 155.
Title, abstract of, 271.
insurance, 196, 254.
to real property, 270.
when title passes, 91–93.
Tort, defined, 19.

of agent, 134-136.
Tortious bailee, 206.
Trade, restraint of, 37-38.
Trade acceptance, 162.

Trade Commission Act, 378-379.
Trade fixtures, 297.
Trade-mark of partnership, 309.
Travelers' checks, 161.

Trial, 363; new trial, 365.
Trustee, in bankruptcy, 350-351.

Wagers, unlawful, 35.
Waiver of protest, 171.
War, effects of, 139, 225.
Warehouse receipts, 161, 214.
Warehouse Receipts Act, 85.

Warranty, 100-105; defined, 100.
breach of, 108-109.
consideration for, 100.

express and implied, 101.

in insurance, 240-241, 248, 249, 251.
Warranty deed, 275; form, 386.
Waste, of life tenant, 266.
Wife, as agent of husband, 124.
rights to hold property, 5, 20.
Will, 278; form, 390.
Witnesses, 364.

Work or service, oral contracts for, 96.
Workmen's compensation laws, 127:
379-380.

World War, effects of, 287, 377.
Written contracts, 11, 52-56, 94-97.
alteration in, 62.
Written law, 3, 5, 6.