COMMERCIAL LAW BY D. CURTIS GANO, LL.M. - OF THE ROCHESTER, N.Y., BAR ASSISTED BY SAMUEL C. WILLIAMS TEACHER OF COMMERCIAL LAW IN THE ROCHESTER TION FFR 261915 LELAND STANY OPD JOPOR UNIVERS NEW YORK .:. CINCINNATI .:. CHICAGO 609853 C COPYRIGHT, 1904, BY L. L. WILLIAMS AND F. E. ROGERS. ENTERED AT STATIONERS' HALL, LONDON. COMMERCIAL LAW. W. P. 16 PREFACE THE author of this work has aimed to select from the extensive field of the law those fundamental principles, a knowledge of which the business man will most frequently find of value to him, and which the teacher of Commercial Law will regard most useful to his classes. It is not the purpose of this volume to make lawyers of its readers, but to teach them to discern the ways that lead from litigation, and to enable them to conduct their business dealings with an intelligent idea of their legal rights and limitations. Technical terms have been avoided as far as possible, and when it has been thought advisable to use them they have been fully defined either in the text or in the glossary. The latter contains a most complete list of the legal terms ordinarily employed, with concise yet sufficient definition. The subjects discussed have been arranged in the order in which it is deemed advisable for the teacher to present them. It is believed that all of the subjects with which the business man should become familiar have been included in the present volume, and are explained with sufficient detail to give the reader a correct knowledge of the law concerning them. many instances different conclusions that have been arrived at by the courts in the several states have been pointed out in detail, that the student may understand the conflicts in the laws of the different jurisdictions. In Believing that in the illustration of legal principles, actual cases decided by the courts furnish material much more valuable for the student than purely hypothetical cases, careful selection has been made throughout the text from the reports of cases in the different American and English courts. The tabulations at the end of the volume give in a general way the statutes of the different states on several important topics, and may be consulted by the student in determining the law in his own state. Full sets of forms have been given in appropriate connection with the text, and they will be found a valuable guide to the student not only while using this work as a text, but also as a reference when occasion may require his use of such forms in business transactions. D. CURTIS GANO. 5. Obligation of Principal to Third Party 6. Liability of Principal for Torts or Wrongs of Agent 7. Obligation of Third Party to Principal 8. Obligation of Agent to Third Party 9. Termination of the Relation of Principal and Agent |