Vol. XXXII] TABLE OF CONTENTS References in heavy-faced type are to Notes and Book Reviews; in plain tjrpe to Recent Cases; and in italicized type to Articles. CONTRACTS. See also Admiralty; Agency; Consider- ation; Damages; Illegal Contracts; Insurance ; Mechanics' Liens; Offer and Acceptance; Seamen; Shipping; Specific Performance; Suretyship; Vendor and Purchaser. Capacity of parties, see Corporations. Illegality as a defense, see Illegal Con- tracts. Contracts implied in fact: Agree- ment by promisee to act as trustee in sole beneficiary contract. 289 Construction of contracts: Con- tracts of affreightment. 581 Contracts of employment of artists. 435 Happenings, which, if contemplated by parties, would be deemed to excuse nonperformance. 82 Meaning of "restraint of princes" in charter parties. Defenses: impossibility: Practical impossibility due to war-time reg- ulations. ySg-Sos Removal of subject-matter by requisitioning. ygi-'jgz Compulsory government orders for production. 'jg2-yg4 Interference by govern- ment with materials needed in production — coal regulations. 793-796 Ignorance of impossibility as affect- ing consideration. 6yg-688 Impossibility due to submission of faulty plans by defendant. 738 Non-binding regulations en- forceable indirectly — priorities. 79S-803 Public policy as defense for non- performance. 81 "Restraint of princes" in charter- party. 839 Suits by third persons not parties to the contract: Sole benefi- ciary. 82 English law: charter parties. 289 Theory of letters of credit as con- tracts for benefit of third party. 15-16, 22, 24-25 Particular classes of contracts: Long term contracts as to rates between public service company and consumer: whether valid. 79, 88 Charter parties: right of charterers to recover commission from ship owners as trustees for brokers. 289 CONTRIBUTORY NEGLIGENCE. See also Infants. Persons under disability: Duty of care required of children. 434 COPYRIGHT. See also Equitable Servitudes. Whether covenant by assignee to pay royalties is an equitable servitude ■ binding subsequent assignees. 278, 290 CORPORATIONS. See also Agency; Bankruptcy ; Banks and Banking; Charities and Trusts for Charitable Uses, Conflict of Laws; Interstate Commerce; Muni- cipal Corporations; Negligence; Pufflic Service Companies; Re- ceivers; Taxation. Nature of corporation: Corporate personality. 68g, 864 Citizenship and domicile of cor- porations : Federal incorpora- tion: powers of corporations created by Congress. 68g-yo8 Charters : grant, construction and amendment. 717 Ultra vires: what acts are ultra vires: Ill-defined objects of in- corporation. 279, 290 Directors and other officers : Illegal- ity of agreement by officer of cor- poration to procure a contract from the corporation. 858 Stockholders: rights incident to membership : Participation in reorganization of insolvent cor- poration. 507-513 Stockholders: individual liability to corporations and creditors : Effect of ownership of entire stock by another corporation: subsidi- ary corporations as agents. 424, 434 Insolvency of corporations : Partici- pation of stockholders and un- secured creditors in reorganiza- tion. 507-513 Reorganization and consolida- tion: Upset prices in corporate reorganization. 4^9-515 English procedure is cog- nate reorganization; "arrange- ments." 4go-4g5 American procedure. 494-513 Practical advantages of ma- jority control. 511-51S