Excerpt from Hand-Book of the Law of Bills and Notes

In preparing a new edition of Mr. Norton's book, it has been deemed advisable to print as an appendix the Negotiable Instruments Law, which has already been adopted in fifteen states, as well as in the Dis trict of Columbia. It is obvious that even an elementary book upon Bills and Notes must contain references to this law, which, while it is, in the main, declaratory in its efiect, settles some doubtful points, and necessarily changes rules in many jurisdictions upon points con cerning which a conflict of laws existed. The text of the law as print ed in the appendix is that of the New York act, such few modifications as have been made by the various states being mentioned in the notes. The law is also valuable to the student, even in states which have not adopted it, as furnishing a concise statement of rules, which for the most part are of universal application; and for this reason the editor has throughout the book, in the footnotes, inserted references to the appropriate sections of the law, at the same time pointing out any changes effected by them. Much new matter has been incorpo rated, and this has necessitated some alteration of the former text.

At the suggestion of many teachers, the publishers have adopted the device of printing in bold type in the footnotes and text the names of all cases there cited which are to be found in certain of the collee tions of leading and illustrative cases on Bills and Notes in use in the law schools. The cases so printed are to be found in Ames' Cases on the Law of Bills and Notes, Huffcut's Negotiable Instruments, and Johnson's Elements of the Law of Negotiable Contracts (second edi tion).

The present editor wishes to express his great obligation to Prof. Ames, whose Index and Summary at the end of the cases, unquestion ably the most important contribution to the subject that has been made in America, he has constantly consulted; and to Prof. Hutl'cut, whose Negotiable Instruments is an invaluable commentary upon the Negotiable Instruments Law. F. B. T.

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