ADVERTISEMENT TO THE THIRD EDITION.

THE steady demand for the former editions of this treatise on the Law of Trusts, and the frequent references to it in the reported cases, attest the estimation. in which the work is held by the profession, and its assured place among the standard text-books of the law, such as was anticipated for it by those who knew the author best, and were familiar with his studious habit, his ability and learning. It is very much to be regretted that by Mr. Perry's lamented death, at an age when some of the best work might reasonably have been expected from him, we have lost the ripe fruits of the study and thought which he was constantly giving to the subjects of which his book treats, so long as health and strength allowed him to study.

In the preparation of the present edition, notes and references have been made to the decisions, since the publication of the last edition, bearing upon the topics discussed in the book, with occasional additions of old cases which have come under observation, leaving the author's text and notes generally as they were written, without incurring the risk of marring what was well

done before. The arrangement and numbering of sections remain as in the last edition. Much time and labor have been expended in revising the citations; and a large proportion of them have been verified or corrected, and inaccuracies which, in the haste of preparation of the former edition, had crept in, have been corrected. I am indebted, for assistance in this work of verification, to my young friends, Messrs. William Perry and Alden P. White of the Essex bar, upon the former of whom now devolves the duty of upholding in the profession the name and fame of a worthy father. The index of subjects has also been revised and enlarged with many additional references, by which, it is hoped, the body of learning in the text has been made more easily accessible, and the general usefulness of the book increased.

SALEM, February, 1882.

C.

ADVERTISEMENT

TO THE SECOND EDITION.

THE rapid absorption of the first edition of this work into the hands of the profession has not left to the Author so much time as could have been desired for the preparation of a second edition; nor could the necessary work have been done at all, unless it had been constantly in his hands. Even before the first edition had been sent forth, work was done, and materials accumulated, to improve the second, if it should ever be called for. At no time has there been a relaxation of thought and study upon the subject. The new cases have been assimilated as the Reports came along, and old cases have been added as they fell under notice in business or study. The Author owes a debt of gratitude to his professional brethren in every part of the country, for many valuable criticisms, suggestions, and references to authorities. Thirtythree new sections upon the trusts that arise under power of sale mortgages, and deeds of trust in the nature of mortgages, have been added; and many new sections upon important questions are scattered through the work.

The numbers of the sections of the first

edition are preserved, that there may be no confusion in the citations of the two editions.

The Author has been reluctant to swell the book into two volumes, but it was found impossible to compress the materials into a single volume of a form and size reasonably convenient for use. In sending forth this edition the Author hopes that it may do something to lighten the toils of a laborious profession, and that it may meet with the same kind indulgence which was so liberally bestowed upon the first.

SALEM, MASS., Sept. 15, 1874.