A Treatise On the Law of Bills of Exchange, Promissory Notes, Bank-Notes And Checks

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. . 357 REPLICATION OF THE STATUTE, 358 REPLICATION TO A. PLEA OF THE STATUTE, ..... 358 WHEN, INDEPENDENTLY OF THE STATUTE, LAPSE OF TIME IS A BAB 358 508 OF THE STATUTE OF LIMITATIONS "Without a limitation of actions no man can be secure in the enjoyment of his property. Prescription is the original '- -■ *source of all title. After the lapse of years, evidence is weakened or destroyed. And a claimant who has long slept on bis demand has no right to complain, if, for the public ad- vantage, i...t is at length taken from him. In practice it is fonnd that no statutes are so useful as those of limitation, com- pelling, as they do, investigation, whilst the means of investi- gation subsist, and supplying the loss of those means, by a general act of settlement, applicable to each man's case.
Though an act of limitation, in respect of re^l property, was passed In this country in the year 1270, yet, partly from the comparatively inconsiderable amount of personal property, partly from the frequency of the sales in market overt, and partly from the circumstance, that debts above 40s.


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