n8 THE LANDED INTEREST. 



lands, in- missioners to carry out exchanges and partitions 



expensive, 



and simple of lands. By their aid any two landowners can. 



in its 



operation. a t ver y trifling expense, correct any irregularity 

 in the boundary of their respective estates, or 

 even exchange entire farms or estates. This 

 may be done without risk, or investigation of 

 title, by the simple process of attaching to 

 the lands exchanged all the accidents of title, 

 tenure, and incumbrance, which formerly be- 

 longed to each other. The only questions 

 requiring the decision of the Commissioners 

 are : Is the exchange beneficial to the two 

 estates ? Are the parcels proposed to be ex- 

 changed equal in value ? or within one-eighth of 

 an equality in value ? When satisfied of this, 

 the Commission authorises the exchange, and 

 the one parcel immediately, for all purposes, 

 takes the place of the other. So that if the title 

 of either be thereafter found faulty, the person 

 who may recover will have, not the land with 

 the faulty title, but that which the Commis- 

 missioners have put in its place, and clothed with 

 all its liabilities. Certain notices must be 

 given ; the order of exchange is not confirmed 



