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An assignee constituted by a tutor to a bond payable to himself and successors or assignees, but mentioning the money lent upon the bond to have been his pupil's money, has right to pursue for, and discharge such a bond, without concurrence of the pupil, but ought to give security to indemnify the debtor at the pupil's hands.
Durie.
*** This case is No. 307. p. 11629. voce Presumption.