Page:The Green Bag (1889–1914), Volume 22.pdf/193

 Review of Periodicals‘t ﬂrllclc: on Topics of Legal Science and Related Subjects Aerial Navigation. "The Law of the Air Ship." By Chief Justice Simeon E. Baldwin of Connecticut. 4 American journal of Inter national Law 95 (Jan). “In Coke on Littleton we are told that the owner of land owns upwards the ‘Ayr, and

all other things, even up to Heaven, for cum: est solmn, ejus est usqne ad coelum.’ " This maxim . . . is the production of some black letter In

er, and hke every short deﬁnition

enough to take the place of the Central Bank in England, France or Germany." "Essential Financial and Banking Re forms." By Hon. Charles N. Fowler. Atlantic Monthly, v. 105, p. 124 (]an.).

"Geographicall, politically, economically, and ﬁracticall, t e establishment of a Central

Ban in the nited States today is unthink able; unless the sole purpose of starting such an institution is to serve some special inter est, to the incalculable and never-ending injury and cost of the American people." "The Kansas Bank Guaranty Law. A Comparison with Present and Past Guaranty Laws." By Attorney-General Fred S. Jack son. Delivered before the Kansas City Bar. 12 Kansas City Bar Monthly 3 (Jan). “The Kansas law ado ts the principle of mutuality between ban s. It goes as far in scientific lines as it may with our present

of a comp ex right must be taken with limita tions. . . . It would seem that one of these must be that a pro rietor of land cannot be heard to complain 0? any use of the air above it b which no injury to him can result. . . . Per aps we may go farther and say that he has no legal right at all over the air above his land, except so far as its occupation by others could be of injury to his estate. . . . banking system. It is a step in the right This seems to be a view quite in accordance direction, and when the time comes, as it surely will come, that we are given a system with the spirit of our times." "The Beginnings of an Aerial Law." By ' of bank currency, under state or federal super ' vision, it will ﬁnd the Kansas guaranty plan Arthur K. Kuhn. 4 American journal of ready for action in consonance with the new International Law 109 (Jan).

"In European countries a tendency is noticeable toward subjecting air navigation, in at least some of its forms, to the monopo

listic control of the state.

In countries hke

our own, more favorable to private enter

prise, concessionary control will sufﬁce, coupled nevertheless with a strict governmental super vision by registration, license, and ins ctron. The federal government may propery take action in so far as the regulation of interstate intercourse is concerned." "American Corpus Jurls." See Codiﬁca tion. Appeals. See Procedure. Banking and Currency. “The Building of a Money-Trust: How Banking Power of Three Billion Dollars Has Been Centralized at Mr. J. P. Morgan's Desk." By C. M. Keys. World's Work, v. 19, p. 12618 (Feb.).

An article of intense interest, compact with

plan-II

For Central Bank, See Government.

Bankruptcy. "Right of Fraudulent Vendee to Share with Attacking Creditors in Proceeds or Property as to Debt Unconnected with Fraud." By James F. Minor. 15 Virginia Law Register 657 (Jan). Continued from November number of the same magazine (see 22 Green Bag 18). "The universal consensus of the cases is

that the bankrupt courts must follow the state law, in administering the assets, as correctly deduced from the state statutes and decisions of the state courts of last resort, where the

bankrupt law does not otherwise provide. We think we have shown that under the

statute of fraudulent conveyances of Virginia and West Virginia the fraudulent grantee cannot share as creditor in these proceeds. Therefore it seems to follow, and we submit with much conﬁdence that it does follow, that the bankrupt court, in distributing this fund,

information. "Mr. Morgan stands astride the world. The method he used to strengthen himself and the ﬁnancial structure against panic was typical of his character.

It was direct, swift

andpractical. . . . Heo anizedand created, around his ofﬁce at 23 Wal Street, an organ ized banking power that he believes strong

should follow what would be the rule in the state court and deny the fraudulent grantee any right to share as creditor. . . ." "Business Success and Failure.” By Frank Greene. Century, v. 79, p. 583 (Feb.). "Business life . . . can be made still safer by greater co-operation on the part of busi

ness men with the credit agencies to expose ‘Periodicals issued later than the ﬁrst day of the month in which this issue of the Green Bag went to press are not ordinarily covered in this department.

fraud and by more stringent laws deﬁning responsibility for false statements. ' When the business community ﬁnally