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Excerpt from American Law and Procedure, Vol. 6: Estates of Decedents; Equity Jurisdiction; Trusts and Trustees Jones borrows $1000 of Adam Black, and gives Black a promissory note for the amount of the loan and a mort gage ou Jones' lot to secure payment. Both Jones and Black now have property in the lot, and Black owns the paper containing the written promise to pay. The trans action has given Black another piece of property also an enforceable right against Jones to have performance of the written promise. This right, unlike the others, does not relate to any physical objects of property. Black has no title to any particular pieces of coin or paper money because of it. His claim is payable, when due, in any legal tender. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.