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  There is no doubt, that a species of conveyance by bargain and sale existed before the statute of uses, and originated from an equitable construction of the court of chancery. A bargain was made for the sale of an estate; the purchase money was paid; but there was either no conveyance at all of the legal interest, or a conveyance defective at law, by reason of the omission of livery of seisin, or attornment; the court of chancery properly thought, that the estate ought in conscience to belong to the person, who paid the money, and therefore considered the bargainor as a trustee for him. But the cestui que trust had only an equitable interest. 


The statute of uses enacted, that, 'where any person or persons, '&c. stand or are seised of any honors, &c. lands, tenements, &c. to the use, confidence, or trust of any other 'person, or persons, &c. by reason of any bargain, sale, 'feoffment, &c. such person, or persons, &c. that have any 'such use, shall be deemed and adjudged in lawful seisin, 'estate, and possession thereof, to all intents and purposes, 'of or in such like estates as they have ...

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