A Systematic and Comprehensive Commentary on the
Fundamental Principles of American Law and Pro-
cedure, Accompanied by Leading Illustrative
Cases and Legal Forms, with a Revised
Edition of Blackstone's Commentaries

PREPARED BY

JUDGES, MEMBERS OF THE BAR, TEACHERS IN LAW SCHOOLS,
AND WRITERS ON LEGAL SUBJECTS

UNDER THE EDITORIAL SUPERVISION OF

EUGENE ALLEN GILMORE, A. B., LL. B.

PROFESSOR OF LAW, UNIVERSITY OF WISCONSIN

ASSISTED BY

WILLIAM CHARLES WERMUTH, M. S., LL. B.

LAW LECTURER, NORTHWESTERN UNIVERSITY

FIFTEEN VOLUMES

BLACKSTONE INSTITUTE

CHICAGO

311866

LAW OF PRIVATE CORPORATIONS

BY

I. MAURICE WORMSER, A.B., LL.B.,

PROFESSOR OF LAW, FORDHAM UNIVERSITY.

LAW OF PARTNERSHIP

BY

EUGENE A. GILMORE, A.B., LL.B.,

PROFESSOR OF LAW, UNIVERSITY OF WISCONSIN.

LAW OF BANKS, BANKING AND TRUST COMPANIES

BY

JAMES L. HOPKINS, LL.B.,

OF THE ST. LOUIS BAR.

LAW OF RECEIVERS

BY

THEOPHILUS J. MOLL, Ph.B., LL.B.,

DEAN, AMERICAN CENTRAL LAW SCHOOL.

VOLUME IX

BLACKSTONE INSTITUTE

CHICAGO