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Transfer by Act of Law


TRANSFER BY ACT OF LAW. At common law the title to a bill of a married woman during marriage was in the husband, if he died it reverted to her. (Draper v. Jackson, 16 Mass., 480.) This rule does not apply to a bill forming part of wife's separate estate, and now quite generally by statute a married woman has the rights of a feme sole. (See this subject discussed in No. 3 of The Home Law School Series.) On the death of a holder the title passes by act of law to his personal representatives. And upon the death of a joint payee the law passes the title to the survivor or survivors. (Wheeler v Wheeler, 9 Cow., 34.)