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COMMERCIAL LAW

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FORMERLY PROFESSOR OF LAW IN THE OWENS COLLEGE, MANCHESTER

London

MACMILLAN AND CO.

AND NEW YORK

1893

All rights reserved

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PREFACE

THE object of this little book is to provide an elementary text-book on Commercial Law for schools and colleges. Lectures on Commercial Law are now given every winter in many of our large towns. These lectures attract bankers, accountants, and young business men. The want of a text-book has long been felt, as the existing works are too advanced for practical use. In writing this work I have aimed at brevity and simplicity of statement. As a rule cases are not quoted, but many of the illustrations embodied in the text are taken from decided cases. At the end of each chapter or part, reference is made to the leading text-books, to which the reader is referred for further information.

As the book is written mainly for those who are unfamiliar with legal terms, I have added a "glossary" of some terms used in the text that seemed on reading the proofs to require explanation. I have to express

my grateful thanks to Dr. James Gow, the editor of the series, Mr. William Baker of Lincoln's Inn, and Mr. J.

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