New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-02

THE LAW OF MORTGAGES. Bg AnNTR G. THOMAS svo.
PIP. 637. Baker, voorhees, 4 CO.
This is a treatise on thc law OF mortgages of
real and personal property exists aud applied in
the Stae Of New-York The pducy Of good books upon
the general subject Of mortgages, the frequency with
which this kind OF security csOrted 10 nv all classes.
respeak IN advance az least evil welcome to new
guide which proposes to instruct The parties to this i'm
porant contract upon their rights and remedies The
fact that mortgages III this state are largely the creatures
OF statuics their operation all ced by recording acts,
and their enforcement regulated aud controlled by
peculiar statutory requirements and forms. makes
work which is confined to the law of mortgages as
here established and administered particularly ac-
ccptabe to the spractitioner, and it, value is
enhanced IN proportion the author writes with care
accuracy and method. The treatise opens with brief
statement Of tie origin OF mortgages nnder the civil ana
Saxon law and the nature of tie estate. ana after DIS
cssing TIE difference between conditional sales aud mort
CAGES. and the origin, nature, and effect OF equitable
mortgages passes at once 10 tie gen raj subject.
Progress is naturally made in succlnc bU; cOmprehen
ye chapters from survey of the extent Of the lien ana
its various incidents. the rights OF the mortgage in
possession and other parties interested in the burencd
property, to the assignment and satisfaction Of the
mortgage. the acti to fOrcclo,e and to redeem with
their successive stages and peculiar pr ceediugs the
dcfcn.es TO the mortgage, and the respective
rights Of the parties interested III tie fund
realized the sale. Chattel mortgages are separately
treated mGc: the topics OF the rights of parties to such
contract as against each other the transtero the security
and OF the property the validity ~ such mortgage
between the parties. aud against creditors and pug-
ca,ers tie operation of the acts requiring such mort
cages to be filed, the effect of scrG's levy upon
chattels ncumbcred separate chapter i devoted
mortgages upon ships and yess.s which are regulated
not only by the but by Federal cuactment, and in
some respects by the general principle, of admiralty M
rsprudeuce careful survey Df Mr. ThpmaSs treatise
will satisfy the reader that il is exceptionally useful
book The author writes with ccarncSs and precision.
so as to present his propositions of law in Il
manner readily understood AMI easily remembered and
so a. give the substance Of the decided which
ale incorporated in the text their u! scope AMI applic-
ton The references To the reports, far rs we have
been able verify them accurate aud pertinent 10
the points to which they cItcd and comprehend the
decisions Of the OF this state well those Of
the other States and the Federal and English trhu.
nails the latter being cited for the purpose of Illustration
where the principles decided by them have received APP
prova here. Tho chapters each other
SiS1ent and mcthodIral arrangement, and each
topic again subdiyicd into its natural divisions
that the reader has under his hand the whole the
subject upon which he desires authority information
table of contents which does, in fact, tabulaic She
contents OF the book, and copiOGs index, facilitate
Insulation the greatest possible degree. An
appendix of forms. designed furnish reliable aid to IL
busy lawyer. unfamiliar with the p.a"tce in tigi.tions
and unable for want Of time to draft his own fOrIs
from re statement of principles, increases much the
ySIe the work. Ia the selection Of the forms those
which are most common and usually TO he foind III
printed blanks at the staiioncrs, have been omitted as
well those which very unusual aud rarely needed
We coniin'Id Mr.. IIomI~s book 10 the pIOics sion
winch II cscci y concerns in The expectation that il
WI iShtcn their !apors, relieve them often AMI easily
Rom perpl'NiteS, ana promote the accuracy Of their
WORK.