What is PURCHASE?

The word “purchase” is used in law in contradistinction to “descent,” and means any other mode of acquiring real property than by the common course of in- heritance. But it is also much used in its more restricted vernacular sense, (that of buying for a sum of money,) especially in modern law literature; and this is universally its application to the case of chattels. See Stamm v. Bostwick, 122 N. T. 48, 25 N. E. 233, 9 L. R. A. 597; Hall v. Hall, 81 N. Y. 134; Berger v. United States Steel Corp.. 03 N. J. Eq. 809, 53 Atl. 08; Falley v. Gribling, 128 Ind. 110, 20 N. E. 794; Chambers v. St. Louis, 29 Mo. 574.

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