Counter Letter

An agreement to recovery where property has been passed by absolute deed with the intention that it shall COUNTER ROLL (Law Fr. eontreroule, conterrolle; Law Lat. contra rotulus).

In old English law and practice. A roll kept by an officer as a check upon another officer's roll. Sheriffs and coroners were anciently required to keep rolls or records of what was done before them. Bracton, fols. 121b, 140b; Britt. c. 1. Le vicont eit counterrolles ove les coroners, auxybien des appeals come des enquests, etc., the sheriff shall have counter rolls with the coroners, as well of aiipeals as of inquests, etc. St. Westminster I. c. 10.

An agreement to reconvey where property has been passed by absolute deed with the intention that it shall serve as security only. A defeasance by a separate instrument. Livingston v. Story, 11 Pet. (U. S.) 351, 9 L. Ed. 746.

A species of instrument of defeasance common in the civil law. It is executed by a party who has taken adeed of property, absolute on its face, but intended as security for a loan of money, and by it heagrees to reconvey the property on payment of a specified sum. The two instruments, taken together, constitute what ig known in Louisiana as an “antichresis,” (q- 2)

In the civil law. An instrument in writing, executed by the lender of money to whom property has been conveyed by an absolute deed as security, by which he agrees, on payment of a certain sum, to re-convey the same property to the borrower. 11 Peters* R, 351, 354, arg. Wayne, J., Id. 386. Both instrument^ibnstitute, by the law of Louisiana, th^kind of contract denominated an antichresis, (q. v.) Id. 388.