The Pensacola journal. (Pensacola, Fla.) 1898-1985, 1911-02-25

1O2 South Palafox St.
housemens Association and Of COM
mittee Of the American Bankers AssO-
citation. The craftsmen and members
Of the committee on commercial law
were present at those meetings and ex-
planned the provisions Of the act. Suz-
gestions az to the usages In the ware
house business and as to the necessi-
ties Of commerce were made by tho
warehousemen and bankers, with the
added light furnished by suggestions
and criticisms. A third tentative draft
was prepared and submitted to the
| commissioners at st. Paul In August.
1905. This draft was considered re =
ton by section. both by the committee
on commercial law and by the COM
missioners as a whole, and with some
changes, was adopted and recon-
mended to the legislatures Of the sew
eral states for passage"
The uniform warehouse receipts act
has up to the end Of 1919, been en-
acted in nineteen states and territories.
Stock Transfer Act.
The original draft Of this act was
prepared by Professor Samuel Willis
toni OF the Harvard Law School, IN
1906. and during four years 1t was con-
siderec. four separate drafts having
been prepared before final approval
was given by the conference of COM
missioners ON uniform state laws in
national conference.
Recognizing the usage Of the com
mercial world. this act puts certid-
Gates OF stock on the basis Of negotia.
Bile instruments It goes further than
the warehouse receipts act, in that, by
section 5 it provides that the delivery
Of certificate of transfer is effectual,
though made by one having no right
OF possession and having no authority
from the owner Of the certificate or
from the person purporting to transfer
the title. This provision. subject "a
section Z, providing that relief may be
given in cases Of fraud or duress, or
mistake, ETC.. makes q purchaser for
VALUE of certificate of stock.
Bills Of Ladins Act.
The first draft Of this act was also
drawn and submitted by Professor VIII
Jiston at the session Of the conference
I of commissioners at st. Paul, Mime
sofa. in 1908. During that year it was
submitted to shippers. bankers and
carriers. The committee On CONNER
cial law of the conference held public
sessions in Philadelphia on the 13tt
and 14th Of May, 1907, which were well
attended and the various sections fully
debated. A second draft Of the act
was prepared in the light Of the sug-
gestions received from different sources
and submitted to the conference ir
1907, at it's meeting In Portland. Maine
After consideration q third tentative
draft was prepared and distributed *
1908. and considered by the conference
at its meeting in Seattle, Washington
Thereafter. on April 10 and 20, 1909, q
meeting was held in New York City
attended by representatives OF tn,
American Bankers Association, tho
American Warehousemen's Association
the National Board of Trade, the Mer.
4 chants Association Of New York City
and various other associations, as wei
as the counsel of leading railroads and
the representatives of some OF the Law
schools. In 1909, a fourth tentative
draft was prepared and considered IL
the light Of all the suggestions aut
criticisms that had been made, AMI
after full debate, adopted by the con.
ference of commissioners at Detroit, !,
August Of that year. The draft in 1t.
present form was submitted to a meet
ing called especially to consider tn;
whole subject Of bills of lading, helt
in Chicago on September 13. 1909
where there were representatives o.
exchanges, export companies, clubs, as.
sociations, carriers, producers. bankers
chambers OF commerce and other rep.
resentattve men. After listening to ar
address by Mr.. James. this meetin;
unanimously endorsed the uniform
bills Of lading act.
j Vital Statistics.
d In 1908 the committee on vital sta.
tistics was authorized to prepare 6
uniform law on regulation of birth,
and deaths. and having prepared tn,
draft Of q law. this important subjec
will be again discussed this year; the
committee on insurance has severa
important laws before the conference
and the committee on Wills presented 6
report last year in the form of two act,
to make uniform the effect, and tn,
probate. in other states Of wills mad.
elsewhere. The first act was adopted
by the conference and the second re.
committed to be further considered thi,
year.
i Divorce and Annulmsnt.
The great divorce congress which
held its session in Washington in Feb.
ruary, 1906, and in Philadelphia in No.
vember in the same year. presented q
comprehensive law on the subject O,
divorce and annulment Of marriage
which has been adopted in the states
OF New Jersey. Delaware and Wiscon-