The cases appearing in this volume have been selected
primarily for the use of students pursuing the study of Negotiable
Instruments and particularly for students of the Law Department
of the University of Michigan. They are arranged in an order
to conform to the plan of instruction now pursued in that
Department. The plan to which reference is made is sufficiently
indicated by the Table of Contents infra. In brief, it involves a
study of the law of Negotiable Instruments on the basis of the
contract of the several parties as that law has been declared by
the courts and, incidentally only, a study of the "Negotiable
Instruments Law." The cases will be found to illustrate the
several phases of the negotiable contract and to be arranged, I
believe, in such an order as to show, in sequence, the liabilities
and rights of parties to Negotiable Instruments. As to selection
and arrangement they are submitted to the test of actual use. It
is my hope, if not my expectation, that when the plan exemplified
by this volume is put to the test of actual use it will be found of
service to all who seek to acquire a comprehensive knowledge of
the law of Negotiable Instruments.
I am under obligations to Mr. H. Gerald Chapin of New
York City, for valuable suggestions, and to Mr. Oscar E. Waer
of the Michigan Bar, and Mr. Ralph M. Tate of the law class of
1907, University of Michigan, for valuable assistance in the prep-
aration of this work, obligations which I acknowledge with
grateful appreciation.