Morning journal and courier., 1890-05-09
IN THE COLLKGE WORLD

IN THE COLLEGE WORLD. The Firss of . Series of Lectures Given
 by James M. Townsend Yesterday
 Seniors - SheH. Students OH On .
 Lark Disguised as Tramps - Fresh
 man Fence Orator Elected-Athletic
 Men to Contest In tho Berkeley Games
 .Other Notes.
 James N. Townsend, jr., the we'll known lawyer of New York, brother of Professor w. K. Townsend of this city, gave the first of series of lectures before the senior law school class yesterday afternoon on "The Transfer of Monetary Securities" Of this subject no one, he said, has a very clear understanding, for the very reason that securities whose names to day are common household terms are but comparatively of recent origin and the courts have not as yet fully discovered the laws that apply to them. There are few romantic chapters in the his. tory of law but that one on monetary securi- ties.
 The colossal modern fortunes are not locked up in strong boxes as of yore, but consist of stocks and monetary securities. These were little known to our grsndfathers uOb Ahuoh ovCA AAsy VI o0V0hSy yooAc ago. When one considers that all these securities are chosen in action, ,one can see the importance of these securities and of the laws governing their transfer.
 Each state of the Union has laws that differ with those of other states and the federal courts on the laws of monetary trans fer. This affords one the pleasure of studying . new subject-one that as yet is compars- lively undsveloped. Commercial necessity is the foundation from which laws for mone- tary transfers have sprung.
 Common law has always been proverbially conservative and slow in fits growth, but from time to tims has yielded 6 point by the sheer force that necessity has brought to bear. The necessities of commerce were the point that led to these changes. The de- mand for greater facilities for transfers of | securities has led to an urgent need for the security of these. Law often yields to ne- | cessity, but when 1t does not, then necessity knows no law. The lecture was very inter. eating and able.
 A we'll attended meeting of the frsshmsn class was held fast evening at 176 Lycsum for the purpose of electing fence orator | w. s. Childs '91, of the Yale News presided Three nominations were made and after
 counting the ballots J. T. Robinson wat | found to be elected.
 Most of the men on the intercollegiate ath. letic team will compete in the Berkeley ath
 letio games to be held in New York May IF
 F. w. Robinson 20, 0. H. Sherrill, N. l.
 Deming 20 S., T. w. Clark '01 S., H. w
 Williams '9l and J. T. Lloyd 'ol will com
 pete in different events. The tug-of-wal
 team will also be entered. 0. H. Sherril
 will meet Carey of Princeton in a 100 yardi race for the first time. These two runners
 are very evenly matched and one of the pret
 tiest races ever seen is expected. Princeton
 men are confident that Carey will win, while
 Yale men are equally confident that Sherril
 will beat Carey by about two yards.
 The university and upper class games will
 be held next Monday at the same time. Wal
 Brooks '67 will be one of the judges. 0. H
 Sherrill will make an attempt to break hii 100 yard record of 10 1 seconds. Tha games promise to be very interesting, ant
 If the weather ia pleasant there will undeubt
 sdly be large attendance.
 The fare for the round trip to the Yale
 Amherst ball game next Saturday will b
 $4 on any train.
 At the gymnastic contests between tn junior, sophomore and freshmen classes o
 Amherst Wednesday the juniors succeeded
 in winning the trophy, which is valued a
 $100. A second prize of $25 was awarded t
 the sophomores. The marks by classes were
 Freshmen, 82 s5; sophomore, S8.94; junior
 91. AZ.
 The Harvard Bicycle club held hare an
 hounds run yesterday afternoon over cours
 leading through Allston and Commonwealt , avenue extension to and around the Chest nut Hill reservoir and back to the Hemenwa
 gymnasium. The hares won the race wit , several minutes to spare. The first hare . was E. F. Rogers go; the second was B. De Wolf '93.
 A NOVEL EsoAPADK OF sHEFT MEN. A email party of Shelf. men went of
 few days ago on what was . novel kind (
 an expedition after excitement. It consiste , of tour of the surrounding country pel pectly disguieed as tramps, in the most aI proved New York World style. That the E were successful the following will show. Or evening few days since about o'cloc they sallied forth from the friendly shelter 1. the club & house houses olad in ga.' to the most fastidious tramp in tt profession and started of in search of adve, , ture. They were little timid at first, feal ing that their disguise might be detected, br after repeatedly passing by classmates witt out exciting anything further than fe |, comments on their apparel they were en l boldened. In one case they even successful obtained proof of student generosity by q selling papers in front of Heublein's for time they decided that the town was to small for them and started for Meriden. T that place they stole ride on a trai and barely escaped arrest in the Sill yer City as common vagrants and vel given one hour to leave the plac' From there they went on to Springfield again stealing rides and began begging 0 , the streets and were arrested. They we, released, however, but told that if they di not make quick tracks and clear out ir side of half an hour they would be locke up and compelled to appear before th court next morning. This started the, !, off again and the next place visited WE Holyoke, but by this time the wanderin life of freedom was bore and they rt turned to New Haven satisfied with the ez { pertinent, not anxious to adopt it as profession, but with many good stories relate.
 FOR SICK HEADACHE Use HOrsford's Acid PhOsphate.