A Landmark in American Legal Publishing American Law Institute. [Williston, Samuel (1861-1963), Reporter]. [Corbin, Arthur L (1874-1967), Reporter]. Restatement of the Law of Contracts [1st]. As adopted and Promulgated by the American Law Institute at Washington, D.C. May 6, 1932. St. Paul: American Law Institute Publishers, 1932. Publisher's textured maroon cloth with gilt lettered spine and front boards. 2 Volumes. Ex-private law firm library with property stamps on top edges and inside front and rear covers. Moderate shelf wear. $150. * First edition of the first title published by the American Law Institute with the financial support of the Carnegie Corporation, in the series of the Restatement of the Law. Designed to produce an orderly restatement of the common law, including in that term not only the law developed solely by judicial decisions but also the law which has grown from the application by the courts of generally and long adopted statutes. Samuel Williston, the foremost legal expert on the subject, was appointed by the Institute as the Reporter, along with Arthur Corbin as Special Advisor and Reporter for the chapter on Remedies, along with seven other advisors. "In 1923 a group of lawyers, judges, and legal educators founded the American Law Institute (ALI) in order to 'promote the clarification and simplification of the law and its better adaptation to social needs, to secure the better administration of justice, and to carry on scholarly and scientific work.' (...) The Restatement of Contracts, published in 1932, was nine years in the drafting. (...) [It represents] a twentieth-century postscript to the great treatise- writing tradition of the preceding century.": Woxland & Ogden, Landmarks in American Legal Publishing, 27-28.
Book number 69307