The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1891-02-14
THE GoLDEy LECTURES.
Henry C. Conrad's Course on CONNER
cial Law Before the Wilmington Com
mercial College.

Henry c. Conrad's Course on CONNER
cial Law Before the Wilmington Com
nercial College.
Information on the daily transac-
tions OF business that the young man,
the bright and Intelligent business man,
the trading lady aud The housekeeper
can read and preserve for reference
with interest and profit, has bcch sug-
gested to the writer by the course of
lectures to the students of the Goldey
Commercial College, on Commercial
Law, in connection with systematic
textbook instruction, formulated in
the work OF Prof. g. l.. Curllart, deliy-
cred by Henry G. Conrad, Attorney at
Law and Member of the New Castle
County Bar, who received his legal
education in the Law School of Har-
ward University aud the Office of Hon.
Anthony Higgins. IT, s. Senator, Attor-
ney Mt Law, graduate of Yale and of
Harvard Law School.
The Topics of MIR. Conrad's law lee
lures include: General features of
commercial law, contracts and parties,
sales, bills of exchange and promissory
notes (two lcctures), banks and bank
ing 1.-TWO leeturcsl, agency. partner
ship, interest and .usurg. The study
OF ConmercialLuw is thus made viva
ciOus and interesting. The course
goes on with bnilment, common car
riers OF freight and OF passengers, real
estate, forms OF business paper, etr.
OF these Hectares the writer takes-a few
scattering and ..=
M1soBILkSEors NOTES.
Property is defined to he the right
and interest which man has in lands
| and chattels to the exclusion OF others.
In the absence OF will the general
rule, in tile United States, has always
| been that children surviving their
parents should inherit equally
| II is inherent in personal property
under American law that IL shall lie
| transmissible, and no act or contract
of man can render il inalienabl.
Labor ngitatOrs should read Chan
| cellor Kent: 1.-THE sense of property
| is graciously bestowed on mankind
for the purpose of rousing them from
sloth and stimulating then TO action:
and so long us the right OF acquisition
is exercised III conformity to the social
relations, and the moral obligations
which spring frOin them II ought to
be sacredly protected. Tho natural
and active sense OF property perVades
the foundation of social Improvement.
| IL leads To the cultivation of the earth,
the Institution Of government, the es-
tablisilment NJ justice, the acquisition
of the comforts of lie, The growth OF
| the useful ats, the spirit of commerce.
the products of taste, the erection or
charity and the display of the beneyo-
lent affections"
IL THE MERcASrIIE WORLD.
In this age Of wide-spreadng com
merce, whore mercantile business and
contracts have assumed gigantic pro-
| portions, where the civilized countries
of the globe arc yinrg with each
| other fol commercial ascendeEcy the
individual who is slothful in business
and inatten.ivc to his duties soon finds
| himself far behind i'll the race. The
race indeed in the mercantile world
lis to the swift ard the battle to tho
strong" To succeed there must he
| prudence, indiscretion, honor and
honesty but most of all there must be
honest, lahorious, lons.eontinucd and
unremitting work. less than this
will not bring the full measure OF re-
ward.
CONTRACTS.
"An agreement is n promise or I'M
deItakinly, the union OF two or more
minds in II thing done or 10 lie done
q mutual assent TO do n thing. Tho
| contract IL an agreement ia Witch u
party undertakes to do or not TO do a
particular thing C.. i. Marshall. }
| There nre three Kinds; /. Record, as d
racognianee. 2, Seal, as Il writing
with hand and seal attached and de-
| livery made. $. Simple, as by words
or by writing not under seal which
requires n consideration 10 support It,
A consideration is compensation
or equivalent. II Is the very life and
essence OF a contract, and IL contract
OF promise for which there Is no con-
sidelution cannot be enforced at law.
| The consideration cannot be what Is
Illegal or impossible.
Implied contracts are such us reason
and Justice dictate, and which there
fore the law presumes that every man
undertakes TO perform.
Essential elements are parties, con-
sideiation, subject matter, mutual as
sent and time.
Competent parties are such rs arc
not legally disabled by minority, In
sanity, idioey, intoaication or cover
ture.
Ignorance of the law is no reason
| for au omission or breach of contract.
Every person is supposed to know tho
| law.
contracts except for necessaIies. Their
| force or avoid their contracts ON be-
coming Of age. But they must act
| within a reasonable time.
MANNED woMEN.