real interest, the contract would be a mere wager policy. on

gations on the part of the other contracting party; to this class belong policies of contract credit and title insurance. Cowles y. Guaranty

property resulting from such losion.—Title surance. Insurance against loss or damage resulting from defects or failure of title to » particular parcel of realty, or from the enforcement of liens existing against it at the time of the insurance. This form of insurance is taken out by a purchaser of the property or one loaning money on mortgage, and is furnished by companies cially organized for the purpose, and which complete sets of abstracts or duplicates of the records, employ expert titleexaminers, and prepare conveyances and transfers of all sorts. A “certificate of title” furnished by such a company is merely the formally expressed professional opinion of the company’s examiner that the title is complete and perfect (or otherwise, as stated), and the company is liable only for a want of care, skill, or diligence on the part of its examiner; whereas an “insurance of title’ warrants the validity of the title in any and all events. It is not always easy to distinguish between such insur. ance and a “guaranty of title” given by such a company, except that in the former case the maximum limit of liability is fixed by the policy, while in the latter cast the undertaking is to make good any and all loss resulting from defect or failure of the title —Tornado ur= ance. Insurance against injuries to crops, timber, houses, farm buildings, and other property from the effects of tornadoes, hurricanes, and cyclones.

VRAIC. Seaweed. It is used in great quantities by the inhabitants of Jersey and Guernsey for manure, and also for fuel by the poorer classes.