THE

LAW OF CONTRACTS.

BY

THEOPHILUS PARSONS, LL. D.,

DANE PROFESSOR OF LAW IN HARVARD UNIVERSITY, AND AUTHOR OF TREATISES ON
THE ELEMENTS OF MERCANTILE LAW, ON NOTES AND BILLS, AND THE
LAWS OF BUSINESS FOR BUSINESS MEN.

VOLUME III.

.FIFTH EDITION.

BOSTON:

LITTLE, BROWN, AND COMPANY.

1866.

Entered according to Act of Congress, in the year 1853, by

THEOPHILUS PARSONS,

In the Clerk's Office of the District Court of the District of Massachusetts.

Entered according to Act of Congress, in the year 1855, by
THEOPHILUS PARSONS,

In the Clerk's Office of the District Court of the District of Massachusetts.

Entered according to Act of Congress, in the year 1857, by
THEOPHILUS PARSONS,

In the Clerk's Office of the District Court of the District of Massachusetts.

Entered according to Act of Congress, in the year 1860, by
THEOPHILUS PARSONS,

In the Clerk's Office of the District Court of the District of Massachusetts.

Entered according to Act of Congress, in the year 1864, by
THEOPHILUS PARSONS,

in the Clerk's Office of the District Court of the District of Massachusetts

CONTENTS.

PART II.

THE LAW OF CONTRACTS CONSIDERED IN REFERENCE TO

THE OPERATION OF LAW UPON THEM

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Continued.

Of new promises and part payments by one of several joint

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