Abstbact

* 1, v. To take or withdraw from; to remove or take away. Under § 5209, Rev. St., an officer of a national bank may be guilty of " abstracting " funds, money, and credits, without any animus furandi. The statute may be satisfied with an intent to injure or defraud some company, body politic or corporate, or individual person, other than the banking association whose property is abstracted, or merely to deceive some other officer of the association, or an agent appointed to examine its affairs." To abstract a public record for the purpose of destroying or mutilating it has been generally made a criminal offense. 2, n. That which is drawn off: an epitome, a summary. Referring to records, ordinarily a brief, not a copy, of that from which it. is taken.6 But may be used in the sense of " copy." ' Abstract of title. A concise statement of the record evidence of one's title or interest in realty. Frequently spoken of as an " abstract." In conveyancing, an abstract or summary 1 Johnson's Adm. v. Johnson, 32 Ala. 640-42 (1858), cases, "Walker, J. a Converse v. Kellogg, 7 Barb. S97 (1850); 2 N. Y. 857. a Hough V. City Fire Ins. Co., 29 Conn. 20 (1860), Sanford, J.; Williams v. Buffalo German Ins. Co., 17 F. B. 65 (1883), cases. * L. abs-t Tahere, to draw away or off. ' United States v. Northway (President Second Nat. Bank of Jefferson, Ohio), 120 U. S. 327, 334-36 (1887), Matthews, J. of the most important parts of the deeds and other instruments composing the evidences of a title to real estate, arranged usually in chronological order, and intended to show the origin, course and incidents of the title, without the necessity of referring to the deeds themselves. It also contains a statement of all charges, incumbrances, and liabilities to which the property may be subjected, and of which it is in any way material for purchasers to be apprised.! The person preparing a perfect abstract must fully understand all the laws on the subject of conveyancing, descents, uses, trusts, devises, — every branch of the law that can affect real estate in its mutationsfrom owner to owner.*