PURSE

A purse, prize, or premium is,ordinarily some valuable thing, offered by a person for the doing of something by others, into strife for which he does not enter. He has not a chance of gaining the thing.offered; and, if be abide b1 his offer, that he must lose it and give it over to some of those con- /tending for it is reasonably certain. Harris T. White, 81 N. Y. 539. [s. 974]