Tuesday, October 30, 2007

A fire broke out not long since in a large warehouse and burned it so



completely as to render it wholly unfit for use; indeed, all the
merchandise in it was wholly consumed
A fire broke out not long since in a large warehouse and burned it so
completely as to render it wholly unfit for use; indeed, all the
merchandise in it was wholly consumed. Nevertheless, when the lease
expired and the tenants refused to pay as they had agreed to do, the
landlord brought a legal proceeding against them to compel them to pay
during the entire period, as though they had been staying there and
selling goods and making money, and they were compelled to pay. _This
is the common law on the subject_, and every tenant is bound to pay in
such cases unless he has clearly stated in his lease that he is not to
be holden in the event of the destruction of the building by fire,
flood, lightning, or other cause.




The endorsement of the sum paid on the back of the note bars its



being negotiated for more than the amount actually due
The endorsement of the sum paid on the back of the note bars its
being negotiated for more than the amount actually due.