PLAY or PAY
,—a description of BET so made. Whether the subject of such bet be MAN or HORSE; the object a race, or a boxing match; either party being present at the time and place appointed, ready to perform their part of the engagement previously entered into; the other not appearing, or appearing, and then and there refusing to enter into the contest, upon the event of which the article or bet was originally formed, can lay no claim whatever to the stakes deposited; and the holder stands justified in handing such stakes over to the WINNER, having sufficient evidence in justification on his own part, to prove that it was bona fide a "PLAY or PAY" bet.