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BOOK II.

THE TRADER'S GUIDE.

LAW OF DEBTOR AND CREDITOR

THE

TRADER'S GUIDE,

AND

BUSINESS MAN'S LEGAL COMPANION,

CONTAINING

THE LAWS OF TRADE; OF BILLS OF EXCHANGE AND NOTES; OF CONTRACTS AND AGREEMENTS; THE MODE OF DOING BUSINESS WITH BANKS;

AND THE

REMEDIES FOR THE RECOVERY OF DEBTS In all the States of the Union :

DEFENCE OF DEBTOR;- FORMS OF AFFIDAVITS, AND DEPOSITIONS; THE LAWS IN RELATION TO TRUSTEE PROCESS, LIMITATION OF ACTIONS, INTEREST, USURY, INSOLVENCY, PAYMENTS, ACKNOWLEDGMENT OF DEBT, ARBITRATION BY REFERENCE, REPLEVIN, SET-OFF, TENDER, LIEN, GUARANTEE, GENERAL AND SPECIAL PARTNERSHIPS, HUSBAND AND WIFE, AND THE SEPARATE RIGHTS OF PROPERTY OF MARRIED WOMEN, &c., &c.

Calculated for the Use of the Citizens of the United States.

By I. R. BUTTS,

Author of "The Law Cabinet," "Business Man's Assistant," &c., &c. ASSISTED BY MEMBERS OF THE BAR.

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I. R. BUTTS, No. 2 SCHOOL STREET, BOSTON:
H. LONG & BROTHER, No. 43 ANN ST, NEW YORK:
J. F. DESILVER, No. 122 MAIN ST., CINCINNATI.

Entered, according to Act of Congress, in the year 1951,

By I. R. BUTTS,

in the Clerk's office, of the District Court of Massachusetts.

CONTENTS

ОР

THE TRADER'S GUIDE.

PART I.

LAWS OF TRADE.

Legality of Book Accounts,.

When Day-book is competent evidence,.

How must books be kept,...

Settlement of Accounts, how can be impeached,.

Legality of Receipts,.

A Receipt not conclusive evidence of payment,.

Forms of Receipts.....

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For cash on account-by hands of a third person- -for rent-in full of accounts-for balance of account

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General Release for all debts, contracts, demands, rents, cove

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How Request should be made for Discount, and to whom,.

10

How Deposites of Bank Bills should be made,..

10

What constitutes a Note Negotiable,...

11

The safest and most convenient way to Remit Money,.
Certificate of Deposite,..

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Forms of Indorsement,..

12

NOTES AND BILLS OF EXCHANGE.

1.-Description of Bills and Notes,.. 2.-Parties to a Bill or Note,...

3.--FORMS OF NOTES AND DUE BILLS: Note on time do. on demand-do. as collateral-- do. on instalments- do. to my own order- do. not negotiable do. joint and several-do. with power of attorney,..

Due Bills for cash or goods,..

4. Forms of Foreign and Inland Bills: - Foreign Bill,

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- Inland

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When can be Collected, though no consideration has been given, 17
When Consideration is Illegal by Statute, or Usury,.

17

7.-Effect of taking a Note after due,..

17

How maker can have the benefit of a set-off,.

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