Music Trade Review

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THE MUSIC TRADE REVIEW.
RECENT LEGAL
DECISIONS.
Type."
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[PREPARED FOR THE MUSIC TRADE REVIEW.]
MORTGAGES—BONA FIDE PURCHASERS.
The question of whether complainant was a
bona fide purchaser of the mortgage which he
seeks to foreclose is immaterial where the find-
ings are adverse to defendant on his claims of
alteration in the mortgage after execution and
failure of consideration, and defendant has no
claim which he could set off were the suit by
the mortgagee. Detroit Sav. Bank vs. Galvin
et al., Supreme Court of Michigan, February 12,
1894.
RUSSELL
(Successors to STARK & STRACK.)
Rev. St. g§ 2077, 2078, provide that a grant to
one person, when the consideration is paid by
another, shall be presumed fraudulent as against
the creditors of the latter, and, if a fraudulent
Intent be not disproved, '' a trust shall result in
favor of such creditors." Held, that creditors
were entitled to share equally, and one could
not, by commencing a proceeding, obtain a
preference. Miner vs. Lane, Supreme Court of
Wisconsin, January 30, 1894.
MANUFACTURED BY
Smith visits his friend Jones, the playwright,
and observes with regret that Jones abuses his
wife shamefully, so he says to Jones :
" Why do you talk so roughly to your wife ? "
1
' I hate to do it, but I 'm obliged to.''
'' How are you obliged to ? ''
'' Well, you see, I am writing a tragedy, and
I have to keep myself in a proper frame of mind,
You should see how I skylark with her when I'm
writing a comedy.''
NOTES—TIME OF PRESENTMENT FOR
PAYMENT.
Hos. 171 and 173 South Canal Street,
A Scotch editor thus retorts upon a critic :
"We are sorry you don't like this paper. We
publish it simply to please you. We should ask
you to come to the office and edit it, only if we
did, some iniquitous idiot might write and tell
you how much better he could do it himself, and
that would annoy a nervous person like you."
FRAUDULENT CONVEYANCES—RIGHTS OF
CREDITORS.
Under Laws 1893, Act No. 185, providing
that every Saturday from 12 o'clock noon till
12 o'clock at night, as regards the presentment
of notes for payment, shall be a half holiday;
that such note shall be payable and presentable
for acceptance and payment on the business day
next succeeding such half holiday; but that
every Saturday shall, for the holding of court,
and the transaction of any business authorized
by law, be deemed a business day,—notes ma-
turing on Sunday are payable on Monday.
Hitchcock vs. Hogan et al.. Supreme Court of
Michigan, February 20, 1894.
PIANOS
Western Editor (in a town which has been
swept by fire and flood) : ( ' Was anything saved
from the wreck ? ''
Foreman : " I have dug out a few handfuls of
type, some boot blacking, and a bundle of wrap-
ping paper.''
"Good! Tell the newsboys we'll have an
extra out in half an hour.''
CHICAGO.
THE
Sterling Company,
IMPUED POWERS OF THE CORPORATIONS.
The doctrine that a corporation has, by im-
plication of law, and without any express grant
of power in its charter or governing statute, the
power to do whatever is reasonably necessary to
effectuate the powers expressly granted it, and
that a large discretion will be allowed to it in
the choice of means, has received an apt illus-
tration in the recent decision of the Supreme
Court of the United States (Fort Worth City Co.
vs. Smith Bridge Co., 151 U. S., 294), where it
was held that a corporation created for the pur-
pose of dealing in lands and expressly em-
powered to erect bridges, subdivide and sell the
same, and to make any contract essential to the
transaction of its business, has the implied
power to make a contract for the construction of
a bridge to render its lands accessible, and that
it may agree to pay therefor in its bonds, and in
the bonds of another corporation controlled by
the same party.
HUSBAND AND WIFE.
Deed from wife to husband, delivered after the
passage of the act permitting such conveyance
is valid, though the contract therefor was made,
and the deed was otherwise executed, prior to
the act. Reynolds vs. City National Bank, 24
N. Y. Supp., 1,134.
MANUFACTURERS OF
Pianos and Organs,
FACTORY ••
DERBY, CONN.
It is admitted by all that no piano ever put upon the
market has met with such success as THE STERLING
and thousands will testify to their superiority of work-
manship and durability. Why ? Because they are made
just as perfect as a piano can be made.
THE STERLING ORGAN has always taken the lead, and
the improvements made this year puts it far ahead ol
fell others. JSP" Send for Catalogue.
Halleti Davis Pianos
Crown" Pianos*
Like the germ of prophesy in an acorn's mold,
Needing naught but cultivation, its secret to
unfold,
So was hid a wondrous futuie in the instruments
of old;.
Although Louis and his lady danced the stately
minuet
To passions' softest measures throbbing from
the first spinet,
The royal Frenchman's wisdom saw not the
future in it;
Nature, not to great alone, does all great accord,
Humble, he who read the secret, gained the rich
reward;
Drawing from the little spinet the brilliant
harpsichord ;
But in a Roman monastery this good work was
outshone,
By a rival much grander in finish and in tone ;
Beginning here the brilliant fame by pianoforte
won ;
As the oak, O ! monarch grand, so is the
'' Crown '' to-day,
Towering in perfection o'er the forms that once
held sway,
As the oak tree waves its branches o'er the acorn
in the clay ;
Like the oak it holds its own before the bending
blast,
Rooted deep in the fertile soil, it cannot be up
cast,
In the oak's poetic beauty its noble form is cast,
As shining as the glossy leaves glinting the
branches fair,
Light and sweet as the song of birds beating the
restless air.
GRAND, SQUARE AND UPRIGHT.
Indorsed by Liszt, Gottschalk, Wehli, Bendel, Straus, Soro, Abt,
Paulus, Titiens, Heilbron and Germany's Greatest Masters-
Established over Half a Century.
BOSTON, MASS.