. Portraits of eminent Americans now living : with biographical and historical memoirs of their lives and actions. alone interested in the profits growing out of the contract,the one in selling, the other in purchasing, they alone should run therisk of A LOSS. He brought the subject before the legislature of Indiana,in the year 1831, but the doctrine being new, did not meet with muchfavor. He brought the subject before the convention in 1850. Aschairman of the committee to whom the subject was referred, hereported the section here appended. It was sustained by a respectableminority in the conv
. Portraits of eminent Americans now living : with biographical and historical memoirs of their lives and actions. alone interested in the profits growing out of the contract,the one in selling, the other in purchasing, they alone should run therisk of A LOSS. He brought the subject before the legislature of Indiana,in the year 1831, but the doctrine being new, did not meet with muchfavor. He brought the subject before the convention in 1850. Aschairman of the committee to whom the subject was referred, hereported the section here appended. It was sustained by a respectableminority in the convention, but was voted down by the majority. Hethinks the time will arrive when it will be adopted as the law ofthe land. The section above referred to read as follows: No man shall be held to answer for the debt, default or miscarriageof any other person upon any contract entered into from and after theyear 1860, except in cases where executors, administrators, guardians,trustees, and public officers, are required to give bond and security, andwhere security is given to persons acting in a fiduciary I imj^bj H S Said KOHc <JACCD)B BeRNJET, ZLIL. •7rafihj/}aly Sketches of JSrrUnenJ;Americans JACOB BURNET, OF OHIO. 265 HON. JACOB BURNET, LL. D., OF OHIO. Judge Burnet is the son of Doctor William Burnet, the elder, ofNewark, New-Jersey, who was a member of the second class that gradu-ated at the College of New-Jersey, in 1749, before the institution wasremoved to Princeton; and who was elected a member of Congressunder the Confederation, in the fall of 1776, and in the winter follow-ing was appointed physician and surgeon-general for the eastern dis-trict of the United States, which appointment he held till the close otthe war. Doctor Ichabod Burnet, grandfather of the judge, was bornin Scotland, in the vicinity of Edinburgh, and was educated at theuniversity in that city. Soon after he completed his collegiate andprofessional studies, he married, and emigrated to
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