CAMBRIDGE UNIVERSITY PRESS

C. F. CLAY, MANAGER LONDON : FETTER LANE, E.C. 4 LONDON: STEVENS AND SONS LTD.,

119 AND 120 CHANCERY LANE NEW YORK : G. P. PUTNAM'S SONS BOMBAY CALCUTTA (MACMILLAN AND CO., LTD. MADRAS TORONTO : J. M. DENT AND SONS, LTD. TOKYO: MARUZEN-KABUSHIKI-KAISHA

ALL RIGHTS RESERVED

OF GRAY'S INN, BARRISTER-AT-LAW
FELLOW, TUTOR, AND LAW LECTURER OF GONVILLE

AND CAIUS COLLEGE, CAMBRIDGE
LECTURER IN COMMERCIAL LAW AT THE LAW SOCIETY

CAMBRIDGE
AT THE UNIVERSITY PRESS

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DEDICATED

TO

THE HONOURABLE MR JUSTICE BAILHACHE

TO WHOSE FIRM GRASP OF LEGAL PRINCIPLE, AS JUDGE IN THE COMMERCIAL COURT DURING SO GREAT A PART OF THE WAR PERIOD, THE SOLUTION OF MANY OF THESE PROBLEMS IS DUE

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