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interest therein. To have and to hold all and singular the premises hereby assigned and set over, unto the said Isaac Jones, his heirs and assigns forever, subject nevertheless to the right and equity of redemption, of the mortgager, in the same, and of his heirs and assigns. In witness whereof I have hereunto set my hand and seal, the tenth day of July, in the year of our Lord eighteen hundred and thirty-two, EDWARD SWAN, [SEAL.]

Transfer of shares in a company.

For value received, I Frederick Rothwell of Union county, and state of Indiana, do hereby assign all my right, title, and interest, of, in, and to ten shares in the Columbia Bridge Company, of Pennsylvania, to Richard Mead of Pittsburgh, and I hereby constitute him, his as signs, and substitutes, my attorney and attornies, with full power to receive in his or their name or names, certificates for the said shares. And I hereby bind myself, at his or their request, to do all necessary acts and things for the more effectually transferring the said shares to him or them. Witness my hand and seal, this tenth day of July in the year of our Lord eighteen hundred and thirty-two.

FREDERICK ROTHWELL, SEAL.]

Be it remembered, that the above named Frederick Rothwell came this day personally before me T. S. notary public for the state of Indiana, and acknowledged the above assignment and transfer to be his act and deed for the purposes therein specified. In testimony whereof I have hereunto set my hand and affixed my notarial seal this tenth day of July in the year of our Lord eighteen hundred and thirty-two.

T. S. [SEAL.]

Assignment of a servant.

In consideration of the sum of seventy-five dollars, to me in hand paid by Joseph Knight, of Wayne county and state of Indiana, I hereby assign and set over the within named servant, to serve the said Joseph Knight, his executors, administrators, or assigns, from this date,

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for the residue of his term of service, within mentioned. Witness my hand and seal this tenth day of July in the year of our Lord eighteen hundred and thirty-two. GEORGE QUIMBY, [SEAL.]

Assignment of a copy right in a book.

This indenture made this tenth day of August in the year of our Lord eighteen hundred and thirty-two, between Henry Parr, of Monroe county and state of Indiana, of the one part, and John Lightman of Bloomington in the county aforesaid, book-seller, of the other part, witnesseth; that whereas the said Henry Parr has writ ten and compiled a book, entitled, (describe the title,) now the said Henry Parr for and in consideration of the sum of fifteen hundred dollars, to him in hand paid by the said John Lightman, the receipt whereof is hereby acknowledged, hath bargained, sold, and assigned, and doth, by these presents, bargain, sell, and assign unto the said John Lightman, the said book, and all his copy right, title, interest, and property of, in, and to the same; to have and to hold the said book, copy right, and all the profit, benefit, and advantage, that shall or may arise, by and from printing, reprinting, publishing, and vending the same, unto the said John Lightman, his heirs, executors, administrators, and assigns, on the terms and conditions, and for the whole period of time provided and allowed in and by the several acts of the Congress of the United States for the encouragement of learning, by securing the copies of maps, charts, and books, to the authors and proprietors of such copies, during the times therein mentioned. In witness whereof the said Henry Parr hath hereunto set his band and seal the day and year above written.

HENRY PARR, [SEAL.]

Assignment of a patent for the sole use of an invention.

This indenture, made this tenth day of July, in the year of our Lord eighteeen hundred and thirty-two, between Isaac Olds and Moses Neely, both of the county of Lawrence and state of Indiana; witnesseth, that whereas the said Isaac Olds has, by long study, experience,

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and expense, invented a method of making bricks, by a new and useful machine, never before known or used; and whereas the said Isaac has obtained letters patent, in the name of the United States, and bearing test by the president thereof, granting to him the said Isaac, his heirs, executors, administrators, and assigns, for the term of fourteen years, the sole and exclusive right and liberty of making, constructing, using, and vending the *said machine, as in and by the said letters patent, recorded in the office of the secretary of state, may fully appear; now the said Isaac Olds for and in consideration of the sum of five thousand dollars to him in hand paid by the said Moses Neely, the receipt whereof he does hereby acknowledge, has granted, assigned, and set over, and does by these presents, grant, assign, and set over to the said Moses Neely, his heirs, executors, administrators, and assigns, the said letters patent, and all the right, title, and interest of him the said Isaac Olds, of, in, and to the said invention so granted to him; to have and to hold the said letters patent and invention, with all benefit, profit, and advantage thereof, to the said Moses Neely, his heirs, executors, administrators, and assigns, in as full, ample, and beneficial a manner, to all intents and purposes, as he the said Isaac Olds, by virtue of the said letters patent, might have or hold the same, if this assignment had not been made, for and during all the rest and residue of the same term of years, granted by the said letters patent, as aforesaid. And the said Isaac Olds, appoints and constitutes the said Moses Neely his assignee and grantee of the said invention and all the profits thereof, for the remainder of the said term of fourteen years.. And the said Isaac further covenants to and with the said Moses, that he the said Moses, his heirs, executors, administrators, and assigns, shall and may by virtue of these presents, have, receive, and take all the profits and advantages whatsoever, that may or shall be made, for or by reason.of the said invention. In witness whereof the said Isaac Olds has hereunto set his hand and seal, the day and year first above written.

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ISAAC OLDS, [SEAL.]

Assignment of a lease..

Know all men by these presents, that I the within named Nathan King, for and in consideration of the sum of one thousand dollars, to me in hand paid by Enoch Fielding, the receipt whereofI do hereby acknowledge, have granted, assigned, and set over, and do. by. these presents grant, assign, and set over unto the said Enoch Fieiding, his executors, administrators, and assigns, the within indenture of lease, and all that farm and 'messuage therein described and thereby demised, with the appurtenances; and also all my estate, right, title, term of years yet to come, and all my claim and demand, of, in, and to the same. To have and to hold the said messuage and farm with the appurtenances unto the said Enoch Fielding, his executors, administrators, and assigns, for the residue of the term within mentioned, subject to the yearly rent and covenants within reserved and contained, on my part and.behalf to be done, kept, and performed. In witness. whereof I have hereunto set my hand and seal the 10th day of July, A. D. 1832. NATHAN KING, [SEAL.]

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BILLS OBLIGATORY.

A bill obligatory is an instrument under seal, whereby the maker binds himself to pay money or to do some other act for the benefit of another person. It dif fers but little, in its legal effect, from a bond or sealed Bills obligatory are either single or penal; single, where there is a bare obligation to pay money, or to do, or abstain from some other certain thing; and penal, where the promise or covenant is strengthened, or its performance secured, by a penalty expressed in the in

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strument.

A single bill.

Know all men by these presents, that I Andrew Brown, of Switzerland county, am justly indebted to Richard Troutman, of the town of Vevay in the said county, the sum of five hundred dollars, lawful money of the Uni

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ted States; for the payment of which to the said Richard Troutman, or his heirs, executors, administrators, or assigns, on or before the first day of January next, I bind myself, my heirs, executors, and administrators, firmly by these presents. In witness whereof I have hereunto set my hand and seal, this 10th day of July, 1832.

ANDREW BROWN [SEAL.]

A bill penal.

Know all men by these presents, that I Andrew Brown, of the county of Switzerland, and state of Indiana, am bound to Richard Van Dike, of the town of Vevay, in said county, his heirs, executors, administrators, or assigns, in the sum of five hundred dollars, lawful money of the United States, to be paid on or before the first day of January next, for the true payment whereof I bind myself, my heirs, executors and administrators, and each of them, in the penal sum of one thousand dollars. In witness whereof I have hereunto set my hand and seal this 10th day of June, 1832.

ANDREW BROWN [SEAL.]

BILLS OF EXCHANGE.

A bill of exchange is an order, or request from one person to another, desiring him to pay on his account, a sum of money therein mentioned to a third person. The person who makes or draws the bill, is termed the drawer; he to whom it is addressed is, before acceptance, called the drawee, and afterwards, the acceptor; the person in whose favor it is drawn is, at first, termed the payee, and after he endorses the bill, he is termed the endorser; and the person to whom it is transferred, is called the endorsee or holder. The advantages derived from the mode of transmitting money from one country to another, by means of bills of exchange, induced merchants soon to adopt it, and from thence it very early grew into a custom, which has been judicially sanctioned, from an early period of our history, down to the present time.

Bills of exchange are either foreign or inland; foreign

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