The Eaton Democrat. (Eaton, Ohio) 1875-1903, 1882-11-02
IHERCIlLLAw.
Brief p|kosts of Late Decision.
prom the Lonis Commercial Gazotssl
D1ssotgrse PARTNERSHIP.

81 is'.l' - : = n = ~ y Z no
Where ore member of q firm assicns !
his interest Ia the assets of the copart-
uership to {s other partners it does not |
necessarily 1Eork a dissolution of the |
partnershi51 Unless an intention to dis
solve be shogn. ANY fact tending to
show diss6htion is admissible to affect
the holder note drawn in the name
of the firn1<lf he had Knowledge of the
fact. If on Of a firm withdraws and the
eais.lHg r. sissnip csn.lnue5 one I pus,I
partnership but is new firm. And
whether *ehaber thereof could bind
the firm By + promissory note for an old
debt would depend on circumstances,
and the eEcsN on Of evidence regarding
this fact is errer. .-W aller vs. Davis ct
al, Supreme Court of Iowa.
r,,,,,,r
!. i No :. -
A negotiable note Endorsed before ma
turity IS not subject in the hands OF the
ndorsee to q set-off, in favor OF the
maker, of debt due by the payee at the
time of making the note. The law pre-
sumes that the holder OF such paper is
the owner and look 1t Tor value and be-
dorsement of the same was made at the
date OF the note' or at least anteceoently
70 lIS becoming due. Anu II Inc ue-
tenoane Would Svall nlmselI OF any ae-
3 tense tnae Wouin De open 10 MN only III
case the note were negotiated alter
u was oishonoreu, IL Is incumoehS ON
MN W snow thA' tne iioorseHienC WAS
IN Iact Il mace aIser the nole was over
81.
oourt VI Noftn earoiiha'
coNsTRI1cTIoN OF WORMS.
Words in contract are to be con-
strued in their ordinary and popular
usage of trade and the like in connec-
technical sense. Where word has both
;np Il Question of 70 at fo,. tho i,,rv Rnt
where words have acquired an exact
and technleal meaning In any business
and are used In contract relating TO
such business, they are prsn'e tac.e TO
De construed IN 5ne sense Wnlcn tney
nave acqulred.-houghton VS.. wafer.
town Fire Ins. Co., supreme court OF
MASSACHUSETTS.
x.r,orn n.n
~ : D
While it may be true that bank or
ganized under the national banking law
may not be bound to admit purchaser
OF shares OF stock in the association to
all the rights and Liabilities OF the prior
holder, unless the transfer is made on
the books OF the bank in the manner
paoso;,,.;o,, IL ~ ~, :. -, ;a.,,o 49,.
tificates OF shares to subsequent pur-
chaser In heu 0! the cerIncates OF tne
PRIOR owner, without OBSERVING It's oy-
laws, SO Iar as creoitors OF tne oanR are
concernea, q 9s.l,ay parry laslng anu nololng
8 g ING
Penalties@fn. sessroH o,ioI oi
the Nationai DankIhg Law.mLalng L,,. VS..
buriey, supreme Ooure Oh ininois.
PoLIcY-HoLDER.
A policy-holder in a mutual life in
surance company mas no risnt 10 auy
porgion o! Ins eaIninss oI Inc company
ln1 9ntn q uisiuehu theleo! eeGlafeo.
inere1ore' Wnere premium Iails oue
Deiore sucn aeciarallon, the pohcy-
nolIer . mas mo NO Iigne IN equity 70 nave
applieu 70 tae premium t5e I.n alloun1 % on
an al.er aaI aeclaleu aivluena' ' aienough s1 tne
| the falling due of the premium, and at
d;,-;da,d x.,o, ,,,1G ~. :, ~ 81
ao.o-s of.I,a ao,,,,,, Wntr,aII Is IS
Ins Go We Grad ;fe ms O. Al.
min;strator of Maoarae Snnreme Court
of Pannsylvsn;o
-
BEQUEsT.
+ronsfor of ,orson.,;.r;, 3, +ho n..,ro
of bao1,as4 on,, - ho -ct =, - .,a..a1,,
bocanSe i shoa,s ar ~ ,,nnat;,raI 1ov d;snosy 49,
ooo.o 20. az II 'io" gu un'i a' uispo:i-
morale so lono &C tbare ;s No o1;danoa
~ eno" .naS IL was ptouShG aoouC ny
iIauu VI uhuue ihnGe.ce u anu thaG .he
glaa!ol was oi = sunlcieuIiy soGIfu Inlhu
" uispose Vi ms P.operSy:.! WIS., Vs.
o@poooA' oupfehe Court Vi Michlgah.
HUsRAND AND WIFE.
a SAFE OF the goods OF wlfe TO pay
| ner nusDana,s oepts Is VOID. Inc 1act
tnat tne dept was IN part that OF the
from the rest Of the debit. will NOT rive
the vendee of her property title under
the sale.-Campbell VS.. Prunnell, Su-
preme Court of Georgia.
MECHANICS LIEN.
The mechanic who furnishes material
for the construction of a building under
a contract with the owner NAV. by fix
ing the manner of securing his nav
ments, and his acts with respect to the
claims of other creditors, be shut off
from asserting a mechanics lien, not
withstanding he has made no express
promise that he will not assert sueh
| fien.-West VS.. Klotz, Supreme Court
OF Ohio.
OPTIONS.
|
Inc option as to the delivery OF mer'
cnandlse purchased IS not Illegal II there
,s 9e an agreement TO make actual delivery;
Inc opslonai contracts WnIch are Voio