Page line 524, 7 from bottom, read highways 547, 557, 558, 10 from bottom, insert and after executors 2 from bottom, after out read of 559, 11, for into read in 582, note q, line 10 from bottom, for in read on 595, last line, for C. in fee, read E. in tail 604, note w, read 3 Russ. 613, 1, dele and 622, note l, read Beaumont v. Bramley 629, line 11, after of insert and in 669, Stamps on Settlement.-Any deed or instrument, (not being on a bona fide pecuniary consideration,) whereby any desums of money, finite and certain principal sum or (whether charged on, or to be laid out in lands or hereditaments or not, and if charged on hereditaments, whether to be raised at all events or not,) or any shares in Government, Bank of England, East India, or South Sea Stock, shall be, or be agreed to be settled, if such sum, or the value of such stock, or both, shall not L.1,000, L.1 15 0 amount to 2846792222 0 0 0 0 0 0 0 25 0 0 20,000, or upwards, Progressive duty, L.1, 5s. Duplicate, the same as the original. Exemptions.-Securities operating as settlements, if chargeable with the ad valorem duties on bonds or mortgages. Appointments under any power in favour of persons specially named as the objects of such power. Declarations of trusts pursuant to any previous settlement, deed, or will, and instruments for securing any gifts or dispositions made by any previous settlement, deed, or A DEED is an instrument written or printed on parch- ment or paper, and sealed and delivered; Co. Litt. To the validity of every deed, it is essential that there be a person able to contract; and, in indentures, There must be words sufficient to convey the mean- ing of and bind the parties, but the deed may be in There are several classes of persons who are by law either partially or wholly incompetent to bind them- selves by deed. Of these, first may be mentioned, in- fants, or persons under the age of 21 years, whose deeds are stated, by Littleton (259) and other writers of au- thority, to be voidable; but this is by no means an inva- riable rule. It is decided by several authorities that an infant cannot avoid a lease or any other deed which is clearly for his benefit. In illustration of this, it may A |