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PRELIMINARY DRAFT 9 [i] (February 7, 1938)

handle is hein.ali/relwsec0140 and id is 1 raw text is: Security P. No. 9 2-7-38 Confidential* (Not t6 be sold, offered for sale, or otherwise published) The American Law Institute RESTATEMENT OF SECURITY Preliminary Draft No. 9 Submitted to the Council, For Discussion at the Meeting, February 22 to 26, 1938. SUBJECT CO VERED: Division I. Personal Property as Security. Chapter 1. Pledges. Topic 2. Incidents of the Pledge Relationship. Topic 3. Enforcement of a Pledge. Reporter. JOHN HANNA, Columbia University Law School. Advisers. WILLIAM C. CANNON, New York City. ALEXANDER HAMILTON FREY, University of Pennsylvania Law School. GARRARD GLENN, University of Virginia Law School. GERHART HussERL, Philadelphia, Pennsylvania. ROLLIN M. PERKINS, State University of Iowa College of Law. COaNELIUS W. WICICERSHAM, New York City. JOHN D. WcICHEM, Madison, Wisconsin. February 7, 1938. *(This draft is submitted privately and gratuitously to a limited number of selected persons of a particular class for a special purpose. It is preliln- inary and private; therefore, citations or quotations from it must not be made in any public address or article.)