Condensed Legal Points
The following compilation of business is worth a caroful preservation, as it contains the essence of a large amount of legal verbiage : It is not legally necessary te say on a note " valué received " Contracta made on Sunday cannot be enforced. A contract made witta a minor ia also void. A contract made with a lunatic is also void. A note obtained by fraud, or from a person in a state of intoxication, cannot be collacted. Il' a note is lost or stolen it does not release the maker ; he must pay it if the consideration for which it waa given and the amount can be proven. Notes bear interest only when it is so stated. Principáis are responsible for the acts of their agents. Each individual in partnership is responsible for acts of their agents. Ignoranue of the law excuses no person. The law compels no one to do impossibilities. An agreement -without cousideration is void. Signatures made with a lead pencil are good in law.
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Old News
Michigan Argus