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The Law Merchant and Negotiable Instruments in Colonial New York, 1664 to 1730 (Paperback)
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The Law Merchant and Negotiable Instruments in Colonial New York, 1664 to 1730 (Paperback)
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Examines an important and complex period in the history of the laws
and customs devised by merchants to regulate their relations with
each other, and the changes in the law merchant and in negotiable
instruments in colonial New York during the years 1664 to 1730 in
the context of New York's commercial place in the British Empire.
"Economic influences and legal theory combined to form the New York
law of negotiable instruments during the colonial period. That the
legal theory was an amalgam of Dutch civil law and elementary
English common law serves to complicate the situation. Furthermore,
the unsettled nature of the judicial system during the seventeenth
century made consistent legal development fortuitous at best, and
haphazard at its worst. This fluid state of economic and legal
development is as fascinating in its complexity as it is baffling
in its inconsistency." Introduction, 3. "This brief study of the
law of merchant and bills of exchange has as its background a
fascinating era of legal history. Changing legal institutions and
patterns of trade were typical of these early years. For the
student of history, as well as the legal scholar, these
developments are of great significance for they are the basis for
the future growth of the law and the commercial supremacy of the
province of New York." (Preface, vii.) Herbert A. Johnson is
Distinguished Professor Emeritus of Law, University of South
Carolina School of Law. He is the author of numerous books
including History of Criminal Justice, Fourth Edition (2010).
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