The Transfer of Negotiable Paper as Collateral Security, Being the Sharswood Prize Essay of the University of Pennsylvania for the Year 1886, and the Johnson Prize Essay for the Same Year

"The Transfer of Negotiable Paper as Collateral Security" by Lewis Lawrence Smith offers a detailed examination of the legal principles governing the transfer of negotiable instruments as collateral. Originally presented as the Sharswood Prize Essay at the University of Pennsylvania in 1886, this work delves into the intricacies of commercial law and banking practices of the late 19th century. Smith explores the rights and obligations of parties involved in the transfer of such instruments, providing valuable insights into the legal framework that underpinned financial transactions during this era.

This treatise is an essential resource for legal scholars, historians of finance, and anyone interested in understanding the evolution of commercial law in the United States. Its historical context and rigorous analysis make it a significant contribution to the study of negotiable instruments and their role in the broader financial system.

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