Discusses decisions of U.S. courts on several cases as of 1926. Decision on the case Gray v. Perlis regarding the apportionment of rents, issues and profits of the separate property of either spouse; Ruling of the U.S. Supreme Court regarding date at which rate of exchange should be applied under the law of damages in the case Hicks v. Guinness; Explanation of the decision on the case Producers' Fruit Co. v. Goddard which involves the statute of frauds.