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"Ignorance of law excuses no one."— Legal Maxim

BUSINESS LAW

FOR

Business Men and Students

BY

BURRITT HAMILTON, COUNSELOR AT LAW

"A plain statement of the rules and principles of law that should be
familiar to every practical man and woman."- Law Journal.

PUBLISHED BY

THE GREGORY PUBLISHING COMPANY, LTD.

BATTLE CREEK, MICH.

Copyright, 1900, by BURRITT HAMILTON.

All rights reserved.

To R. L. H.

Were the laws as steadfast as your character, this book would never require revision. Were the laws as perfect as your life, the legislators might take a holiday. I beg you to accept this dedication.

Battle Creek, June 1, 1900.

B. H.

254077

AUTHOR'S STATEMENT.

In this book I have simply answered the questions asked me by business men during the last ten years. I know that these questions are practical and of living interest, because they have all been asked by live and practical men. The fact that the subjects treated have fallen into logical order, merely indicates that I have been mindful of the requirements of the student who remembers statements most easily when they are connectedly arranged. Whenever it has seemed expedient, I have given illustrations - many of them drawn from my own experience as a lawyer - wherein I have endeavored to clearly apply the common facts to principles of law stated.

The pressure of business in this work-a-day world, often leaves the business man without time to consult his attorney. Mastery of the plain and fundamental principles of law is within the attainment of every man. It is a duty he owes to his family, to society, and to himself. It is a kind of business equipment without which he must again and again find himself face to face with opportunity, but unable to act, because his judgment is fettered by the slave-chains of his own ignorance.

This book is written and placed before business men and students to assist them in their splendid struggle toward self-improvement, self-protection, and self-emancipation. BURRITT HAMILTON.

A GLOSSARY OF LEGAL TERMS.

Ab Initio, from the beginning.

Abatement, a suspension of proceedings.

Abeyance, held in expectancy.

Abscond, to clandestinely leave.

Abstract of Title, a list of consecutive conveyances. Acceptance, an agreement to pay a bill of exchange. Acceptor, one who makes an acceptance.

Accessory, one who, not being a principal, assists in

the commission of a crime.

Accident, an unexpected event happening without

human agency.

Accommodation Paper, negotiable paper made without consideration.

Accomplice, one, not a principal, who assists in the commission of a crime.

Accord, an agreed satisfaction of a claim.

Account, a detailed statement of mutual demands in the nature of debits and credits.

Account Book, a book in which accounts are kept. Account Current, an open or running account. Account Stated, an agreed balance of accounts. Accountant, one skilled in accounts.

Accused, one charged with a crime or misdemeanor. Acknowledgment, a voluntary declaration of the execution of an instrument before a proper officer. Acquit, to discharge.

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