SOUND AND UNSOUND HORSES 



his full name and address ; (2) the pur- 

 chaser's full name and address ; (3) the 

 particular horse sold ; (4) the price ; and 

 (5) the time of deliver}/. There is no 

 stamp required for this memorandum 

 according to the present law. In Scot- 

 land no such formalities are necessary 

 to constitute a contract of sale for future 

 delivery. If the seller agrees to sell, 

 and the purchaser agrees to purchase a 

 particular horse at a specified price, the 

 contract is complete. In the event of 

 the horse being disconform to the con- 

 tract, either through breach of warranty 

 or in any other respect, formerly in 

 Scotland, the purchaser was bound at 

 once to inform the vendor, and to reject 

 the horse, which was usually done by 

 returning it to the vendor, or placing it 

 in neutral custody. A purchaser in 

 Scotland has still this remedy ; but by 

 the Sale of Goods Act, he (the purchaser) 

 may, as in England, hold the horse, 



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