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CONTENTS
Deposits 459
Payment '. 460
Bad Checks
Issuing Bad Checks a Crime 464
Important Elements 464
Post-Dated Checks 465
Pre-Existing Debts 465
Procedure When Bad Check is Received 465
PAGE
Exemptions
Purpose 481
Property Beyond Reach of Creditors.. 482
Who May Claim Exemption 482
Property Exempt 482
Earnings for a Fixed Period 483
Statutes of Limitations
False Financial Statements
False Statements Unlawful 466
Penal Laws 466
Interest
Interest Laws 469
Custom of Trade 469
Written Instruments 469
Open Accounts 469
Settled Accounts 469
Rate of Interest 469
“United States Rule” 471
Mercantile Rule 471
Usury
Test of a Usurious Contract 472
Usury Laws Not Applying in Certain
Instances 472
Massachusetts Law 473
Corporations Incapable of Pleading
Usury Laws 473
Notes for Deferred Payments 474
Purchase and Sale of Notes at a Dis
count 475
Purchase and Sale of Mortgages at
Discount 475
Effect of Usury 475
Attachment
Statutory Remedy 476
Basis of Writ of Attachment 476
Property Subject to Attachment 476
Requisites for Writ of Attachment... . 476
Bonds of Attachment 477
Wrongful Attachment 477
Liens
Classification of Liens 477
Important Statutory Liens 478
Waiver of Liens 478
Preference of Liens 473
Enforcement of Liens 478
Mechanics’ Liens 473
Chattel Mortgages
Passing of Title and Right to Redeem
Distinguished from Conditional Sale. .
Removal of Mortgaged Property to
Another State
Execution of Chattel Mortgages. ‘ ‘ !
Purpose of Recording
Time for Filing ' ^ ^
Place of Filing
Chattel Mortgage on Merchandise for
Sale
479
479
480
480
480
480
481
481
Waiver and Estoppel 483
When Statutes of Limitations Begin to
^ Run 483
Removal of Bar of Statutes of Limita
tions 485
Applying Payments 485
Limitation Table 486
Sales
Sales and Contracts to Sell 487
Oral and Written Contracts of Sale. . . 488
Receipt and Acceptance 489
Subject Matter 439
Price. 489
Conditions and Warranties 489
Caveat Emptor 490
Passing of Title 491
Negotiable Documents 492
Performance of Contract 493
Delivery 494
Remedies for Breach of Contract 497
Conditional Sales
Default of Condition 493
Distinctive Features 499
Recording 499
Recovery of Payments 499
Patents
Who May Obtain a Patent 499
Rights Under a Patent 500
What May be Patented 500
Processes 501
Procedure to Obtain Patents . 501
Assignment, Mortgages or License of
Patent 503
Infringement 503
Protective Clause in Contracts 504
Penalties for Infringement in Design
Cases 504
Trade-Marks, etc.
Limitations of Trade-Marks 506
Property Rights in Trade-Marks 506
Unfair Trade 506
Application for Trade-Mark Registra-
t .^on. 507
Life of Registration 507
Procedure to Obtain Copyright....... 508
Infringement of Copyright 509
Requisites for Register 509
Application 509
Assignability ’ " ’ 510
Notice and Infringement ’ 510