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1 HE MUSIC TRADE REVIEW.
RECENT LEGAL
DECISIONS.
[PBEPABED FOB THE MUSIU TRADE REVIEW.]
TAXATION
MANUFACTURING
EXEMPTION.
One who prints billheads, orders and
other forms for commercial purposes on
paper bought by him, and who cuts or
slits the paper into shapes for such pur-
poses, as well as to serve for ledgers and
commercial books, is not a manufacturer of
stationery entitled to exemption from taxa-
tion, according to the decision of the Su-
preme Court of Louisiana in the recent case
of Patterson et al. vs. The City of New
Orleans.
CORPORATION
POWER TO MAKE LOAN.
Where a person borrows money from a
corporation, and gives his note therefor, as
against an innocent holder of such note,
such person will be estopped to assert that
the corporation had no power to lend money
or discount paper. Smith vs. White (Tex.).
STATUTE Ol-' LIMITATIONS -PATENTS.
In the case of Campbell vs. The City of
Haverhill, Mass., decided on Monday, the
Supreme Court of the United States has
held that the statute of limitations runs
against claims growing out of the alleged
infringements of patents as well as against
claims arising under other transactions. In
this case the plaintiff sued the defendant
for an infringement of a patent for the im-
provement of pumps. In announcing the
decision, the court, speaking by Justice
Brown, said that the question had been
decided both ways by circuit courts in
about twenty cases, and the weight of
authority was about equally divided. In
the absence of any Federal statute on the
subject, the opinion of the court was that
in the several states their respective statute
of limitations should apply.
PAYMENT BY CHECK.
It is said by the Supreme Court of Min-
nesota in the recent case of Cochran vs.
Stewart, that where a sale of an article is
made for cash, and a check is accepted in
lieu of the purchase-money, and the prop-
erty is delivered on the implied condition
that the check will be paid on presentation,
but the vendor gives the vendee an abso-
lute bill of sale or assignment of the prop-
erty, he will thereby be estopped from
asserting, as against a sub-vendee in good
faith, for value, that the delivery was con-
ditional.
STOCKHOLDER
RIGHT
TO
SUE.
Where a corporation is in the hands of a
receiver, a stockholder thereof has no right
to sue upon a cause of action in favor of
the corporation upon the refusal of the re-
ceiver to sue on the shareholder's request,
without showing that he has applied to
the court appointing the receiver to direct
such suit to be brought. Swope vs. Vil-
lard, U. S. C. C.
ALFRED SHINDLER is making a protracted
tour of the West in the interest of Hard-
man, Peck & Co.
THE autoharp will be used at the ap-
proaching Music Festival to be held at
Atlanta, (la. This instrument is fast as-
suming a prominent place in solo and con-
cert work.
. . . . . .
R. M. KEEN AN, music trade dealer of De-
catur, 111., got caught in the legal meshes
last week. He is charged with falsely
scheduling property; in other words, he
made a statement that he had no property,
and nothing was due him, while he had
two notes in his posses ion valued at $1 10.
He is under arrest.
JACOB DOLL rejoices at a good business
and bright prospects for spring trade.
A PROCESS for making veneers of glass
has been patented by two Boston inventors.
The veneers have many peculiar qualities,
and are made to represent highly polished
wood of any description.
Presto says: Judge C. A. Masse, of the
music firm of J. Feuerstein & Co., Stur-
geon Bay, Wis., is serving his second term
as county judge, and was county clerk for
eight years, county treasurer two years,
clerk of the court, member of the assembly,
Gain Knowledge
Of tlie u innards " of a piano by a little reading.
You may have
been a dealer for many years, you may have been a tuner for a
like period, you may have played a little—maybe more; but is
it not well to get a little more practical knowledge?
Some-
thing to bank on—an authority on all matters relating to tun-
ing, repairing, toning and regulating, scientific instructions—
everything? Written by that eminent authority, Daniel Spillane*
The cost is only a trifle—a dollar.
The book is illustrated,
cloth bound, over a hundred pages. It is called "The Piano."
EDWARD LYMAN BILL,
PUBLISHER,
3 Hast 14th Street, N e w York.