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ON THE

LAW OF

SUR E TYSHIP

AND

GUARANTY

BY

HENRY H. WILSON

PROFESSOR OF LAW IN THE UNIVERSITY OF NEBRASKA

CHICAGO

CALLAGHAN & COMPANY

1907

COPYRIGHT, 1907

BY CALLAGHAN & COMPANY.

PREFACE

The selection of the following cases on Suretyship and Guaranty is largely the result of the author's many years experience as a law school teacher. It has been thought best to confine the cases to those illustrating the general principles of the subject, rather than run the risk of confusion by entering too largely into detail or devoting too much space to exceptional cases.

The general doctrines of a subject are all that the student should be expected to master and he will do this the better by not attempting too much detail. Generally recent cases have been selected as more accurately reflecting the present state of the law. The object has been to present the American Law of Suretyship and Guaranty as it is now administered by our courts.

The very recent development of the business of indemnifying employers of labor, and guaranteeing credits and titles seemed to justify including those subjects here, although they might, with equal propriety, be treated under the title of insurance.

The hope of lessening the labors of those who teach, as well as those who study, a subject of growing importance in the courts and schools, furnished the motive for this volume.

HENRY H. WILSON.

LINCOLN, NEBRASKA, September 5, 1907.

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