THE LIBRARY
OF
THE UNIVERSITY
OF CALIFORNIA
LOS ANGELES
SCHOOL OF LAVE
G'
RESTRAINTS
ON THE
ALIENATION OF PROPERTY
BY
JOHN CHIPMAN GRAY, LL.D.
ROYALL PROFESSOR OF LAW IN Il.vKVAKD UNIVERSITY
SECOND EDITION
BOSTON
BOSTON" ROOK COMPANY
Copyright, 1885, 1895,
5y Johk Chipman Grat=
\7
University Press:
John Wilson and Son, Cambkidge, U.S.A.
PREFACE TO THE SECOND EDITION.
" In 1876 I shared the surprise, common to many lawyers, at the opinion of the Supreme Court of the United
States in the case of Nichols v. Eaton? So I wrote in the Preface to the first edition. Surprise was an inadequate word.
The people of the United States have many virtues, but all nations have their failings, and there are passages in the history of every country which it is painful for its citizens to contemplate. In our own history, political and social, the pages from which we most gladly avert our eyes are those which record our shortcomings in the matter of commercial honesty.
More than once have we been saved from national repudiation by the integrity and courage of some one man; to save from State repudiation the one righteous man has at times been wanting; and more rehabilitated cheats have lived tolerated, if not honored, in our cities than it is pleasant to think of.
If there is one sentiment, therefore, which it would seem to be the part of all in authority, and particularly of …