11. What is meant by borrowing money on _collaterals_? How is this

1. Chapter 1 2. 2. If your indorsement is the first, write it about two inches from 3. 3. Do not indorse wrong end up; the top of the back is the left end of 4. 4. Write your name as you are accustomed to write it, no matter how it 5. 5. If you wish to make the cheque payable to some particular person by 6. 6. Do not carry around indorsed cheques loosely. Such cheques are 7. 7. If you receive a cheque which has been transferred to you by a 8. 8. An authorised stamped indorsement is as good as a written one. 9. 9. If you are indorsing for a company, or society, or corporation, 10. 10. If you have power of attorney to indorse for some particular 11. 11. It is sometimes permissible to indorse the payee's name thus, 12. 12. Do not write any unnecessary information on the back of your 13. 5. P of New York has sold goods, £1000, to G of Paris. 14. 3. The borrower's record and standing in the community and his 15. 5. The character of the merchandise owned by the borrower. What would 16. 1. Bills drawn by shippers on the houses to which the goods are 17. 2. Bills drawn by importers against commodities placed in brokers' 18. 7. One-name paper. 19. 1. What in a general sense is meant when we speak of the currency of a 20. 2. Enumerate some of the advantages afforded to the community and to 21. 3. A bank cheque is a demand order for money, drawn by one who has 22. 5. (_a_) A cheque has no date. Does this make it void? (_b_) How about 23. 6. How would you word a cheque to give to a person who is unknown at 24. 7. You are sending a cheque through the mails to John Brown, 25. 8. You identify A. B. at your bank. The cheque A. B. presented turns 26. 9. A. B. transfers a cheque to you by a blank indorsement. It is then 27. 10. What is meant by power-of-attorney? How should an attorney indorse 28. 11. If a note were about to be transferred to you by indorsement and 29. 12. Tell how you would receipt for a payment of a note. Why is not an 30. 13. Why are notes protested? Why is a formal protest sometimes desired 31. 14. If an indorser is compelled to pay a note, against whom has he a 32. 5. (_a_) Not necessarily so. (_b_) Such a cheque would under 33. 8. Yes. 34. 1867. The largest South African diamond yet found was worth $300,000, 35. 1. GREAT BRITAIN. Give as full an account as you can of the causes 36. 2. GREAT BRITAIN. England is said to be "a beehive of mercantile and 37. 3. GREAT BRITAIN. (_a_) Describe the foreign trade of Great Britain. 38. 4. FRANCE. (_a_) Describe the conditions which (1) conduce toward, and 39. 5. GERMANY. (_a_) Give an account of what Germany has accomplished in 40. 6. SPAIN AND ITALY. (_a_) Why are Spain, Italy, and Turkey sometimes 41. 7. RUSSIA. (_a_) Describe the social condition of the Russian people. 42. 8. INDIA. (_a_) Describe the present condition of the manufactures of 43. 9. CHINA. (_a_) Give an account of China's size, population, and trade 44. 10. JAPAN. (_a_) Describe the transformation which in recent times has 45. 1. AFRICA. (_a_) Describe the "partition of Africa." (_b_) Describe 46. 2. AUSTRALIA. (_a_) Describe Australia's "peculiarities." (_b_) 47. 3. SOUTH AMERICA. (_a_) Describe the social and political condition of 48. 4. CANADA. (_a_) Describe Canada's resources (1) in forest wealth, (2) 49. 5. THE UNITED STATES. (_a_) Describe the export trade of the United 50. 6. THE UNITED STATES. (_a_) Describe our cotton production and our 51. 1. Read the lessons as printed very carefully. The aim will be to give 52. 2. Books will not be necessary. The student, however, who wishes to 53. 3. Take up the papers of the course paragraph by paragraph and ask 54. 1. There is a bureau of the Treasury Department having charge of all 55. 2. Any number of persons, not less than five, may form an association 56. 3. The powers of the bank are limited to the discounting of promissory 57. 4. There can be no national banks anywhere of less capital than 58. 5. Shareholders are liable for the debts of the bank to an amount 59. 6. Each bank having a capital exceeding $150,000 must deposit in the 60. 7. Every bank in certain designated cities, called reserve cities, 61. 8. Each bank must keep on deposit in the treasury of the United States 62. 9. One tenth of the net profits must be carried to the surplus fund 63. 10. A bank must not lend more than one tenth of its capital to one 64. 11. Each bank must make to the comptroller not less than five reports 65. 12. Each bank must pay to the treasurer of the United States a tax 66. 13. Any gain arising from lost and destroyed notes inures to the 67. 14. The comptroller has the absolute appointment of all receivers and 68. 15. Over-certification of cheques is strictly prohibited, rendering 69. 16. National bank directors are by law individually liable for the 70. 2. Better facilities for borrowing. It is a common thing for a 71. 3. Limited agency of directors. A partner may pledge and sell the 72. 6. A retiring partner is still liable for existing debts. A 73. 1. Give some particulars in which the Bank of England differs from our 74. 2. A bank cheque is a demand order for money drawn by one who has 75. 3. You are sending a cheque through the mails to John Brown, Chicago. 76. 4. You identify A---- B---- at your bank. The cheque A---- B---- 77. 5. What is meant by power of attorney? How should an attorney indorse 78. 6. What is a certified cheque? Brown gives A an ordinary cheque for 79. 7. Show how all the banks of the United States are connected through 80. 9. A national bank has a capital of half a million. A customer asks 81. 10. Give some particulars of the liabilities of the officers and 82. 11. What is meant by borrowing money on _collaterals_? How is this 83. 12. Tell how it is possible for a young man of good character, but 84. 13. When rates are high bankers prefer to deal in long-time paper. 85. 14. Account for the fact that London is the financial centre of the 86. 15. Explain in detail the business of a note broker, giving some 87. 16. Enumerate the leading items of resource and liability in a 88. 17. A bank receives from the comptroller of the treasury $100,000 in 89. 18. Discuss fully the points which should enter into a proper estimate 90. 19. Give the successive and necessary steps in the formation of a 91. 20. Why are companies which properly exist and belong in one State 92. 21. Explain very fully the difference as to resource and liability 93. 23. What is the difference between a voluntary association, such as a 94. 24. Explain very fully the meaning of _Limited_ when it forms part of 95. 25. Is it legal to sell shares of stock and issue mortgage bonds upon 96. 1. (_a_) Give some particulars in which the Bank of England differs 97. 2. (_a_) What is a stock certificate? How does it differ from a 98. 3. (_a_) What provision is usually made for the redemption of 99. 4. (_a_) Tell how you would receipt for a payment on a note. Why is 100. 5. (_a_) What are the advantages to the banks of a city of their 101. 6. (_a_) Enumerate some of the abuses of rate discrimination in the 102. 7. (_a_) Give the particulars in which a warehouse receipt resembles 103. 1. (_a_) What is a contract? (_b_) What is the difference between a 104. 2. (_a_) When is it necessary that contracts be in writing? (_b_) In 105. 3. (_a_) What are the different kinds of warranties? (_b_) Suppose A 106. 4. (_a_) What is the difference between a public and a private 107. 11. GREAT PRIMER. 108. 2. _The lower-case_ } 109. 10. [Illustration] Matter wrongly altered to remain as it was 110. 16. [Illustration] Something foreign between the lines, or a wrong-font 111. 17. [Illustration] Line to be indented one _em_ of its own body. 112. 4. _Foundry proofs._