Business Law a Working Manual of Every-Day Law, Vol. 2 (Classic Reprint)

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Excerpt from Business Law a Working Manual of Every-Day Law, Vol. 2 The natural right to property arises either from occupancy or labor. A man settled on unclaimed land, cultivated it, and built a house on it, and it became his. Men caught wild animals and tamed them, and by so doing became their owners. After the first taking, the right to the particular property could be acquired by another person only by transfer, that is, by gift or sale, from the man who originally owned it. The other origin of the right to property is in labor. A man caught fish, killed game, made a war club, or raised crops, and the law recognized his natural right to what he had acquired by his own labor. Other less defensible means of acquiring property have prevailed and the law has recognized the titles despite their wrongful origin. Much real property has at some time been taken from its original possessors by conquest. Title so acquired has passed from hand to hand, has been sold, or has been inherited, and now the law recognizes as good the title that had its origin in violence and robbery. Other property rights originated in fraud and deceit, but human law cannot well dispossess the present occupants who, in most cases, have acquired title in good faith. § 386. Rights to Personal Property Personal property is of two kinds, tangible (that which may be touched), such as goods, chattels, commodities, etc., and intangible, for example, a copyright. 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.