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Harvard Law Review. Published monthly, during the Academic Year, by Harvard Law Students. SUBSCRIPTION PRICE, $2.50 PER ANNUM 35 CENTS PER NUMBER. Editorial Board. Wilfred Bolster, .... Editor-in-Chief. Guy Cunningham, Herbert H. Darling, Treasurer^ David T. Dickinson, Stephen A. Foster, Francis C. Huntington, Ralph A. Kellogg, James M. Newell, Oliver Prescott, Jr., Ezra R. Thayer, Frank B. Williams, George E. Wright. With the present number the Harvard Law Review begins the fourth year of its existence. Reassured by the success of the past three years, and by the manifest good-will and hearty encouragement of the friends and alumni of the School, the editors feel that the Review is rapidly outgrowing the experimental stage of its life ; and are led to believe more and more strongly that it has a place to fill as the organ of the characteristic work of the Harvard Law School. The ever- increasing success and influence of that work should be, and we believe are, matters of deep interest among the advocates of that system, and to spread more widely its best results is the first aim and purpose of the Review. To this end we ask the continued support and co-operation of all friends of the School, and more especially of the members of the Harvard Law School Association. The general plan of the Review will be the same as in previous years, and about the same relative proportions will be preserved between the several departments. The high standard of excellence which the leading articles have shown, leave little room for apprehension in that direction ; especial pains will be taken to make the Notes as interesting, and the Recent Cases as exhaustive, on all important points, as possible. We trust that the results of our endeavors in the future may show as steady an advance of the Review in legal favor as have those of former editorial boards. We have heard with great regret of the resignation of Professor William A. Keener to accept a chair at the Columbia Law School. Professor Keener graduated at the Harvard Law School in 1877; in 1883 he was appointed assistant professor for five years, and at the end of this term, in 1888, he accepted the Story professorship. The students who have attended the School during the past seven years will not easily forget his unvarying kindness, his clear and suggestive method of teaching, and the interest and enthusiasm for his subject