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PRELIMINARY DRAFT 32 [i] (December 27, 1940)

handle is hein.ali/relwsec0470 and id is 1 raw text is: Security P. No. 32 (Council) 12-27-40 Confidential * (Not tobe sold. offered for sale, or otherwise published) The American Law Institute RESTATEMENT OF SECURITY Preliminary Draft No. 32 A Final Preliminary Draft of the Sections Included. Submitted to the Council, For Discussion at the Meeting, February 18 to 22, 1941. SUBJECT COVERED: * o Division II. Suretyship. * ' Chapter 7. Third Party Ben~eficiaries in Suretyship. Chapter 8. O:fcial Bonds. Reporter. JoHN HANNA, Columbia University Law School. Advisers. WILLIAM C. CANNON, New York City. AL=XANDER HAMILTON FREY, University of Pennsylvania Law School. GERHART Hussa L, National University Law School. ROLLIN M. PEiKINS, State University of Iowa College of Law. CORNELIUS W. WICKERSHAM, New York City. JOHN D. WICKHEM, Supreme Court of Wisconsin. December 27, 1940. *(This draft is submitted privately and gratuitously to a limited number of selected persons of a particular class for a special purpose. It is prelim- inary and private; therefore, citations or quotations from it must not be made in any public address or article.)