CONVERSION

In equity. The transformation of one species of property into another, as money into land or land into money; or, more particularly, a fiction of law, by which equity a umes that such a transformation 1has taken Place (contrary to the fact) when it Is rendered nece ary by the equities of the case,-as to carry into effect the directions of a will or sett lenient,-and by which the property so dealt with becomes invested with the properties and attributes of that into which it is supposed to have been convei:ted. Seymour v. Freer, 8 Wall. 214, 19 L. Ed. 306; Haward v. Peavey, 128 Ill. 430, 21· N. El 503, 15 Am. St. Rep. 120; [s. 273]