,emily ,ratliff1 ,juliet ,su!rl&1 ,*>les ,franks & ! ,onl9e ,di/ribut$ ,pro(read+ ,team4 ,,bus9ess ,,h9ts ,,= ,,m5 ,,& ,,wom5 ,by ,a4 ,r4 ,,calh\n ,,cont5ts ,,*apt] ,i ,,common ,,s5se ,,f>m+ #a4 ,weal?1 ,l& & ,labor4 #b4 ,money4 #c4 ,s\rces ( ,weal?4 #d4 ,! ,f>m]1 a ,produc]1 & ,sell]4 #e4 ,bus9ess ,me?ods ,ess5tial4 ,,*apt] ,,ii ,,docum5ts ,,y ,,%\ld ,,und]/& #a4 ,de$s4 #b4 ,ab/racts ( ,title4 #c4 ,p>ties to a de$4 #d4 ,diff]5t de$s4 #e4 ,mak+ a de$4 #f4 ,record+ de$s4 ,,*apt] ,,iii ,,=ms ,,( ,,de$s ,,& ,,mortgages #a4 ,tru/ de$s4 #b4 ,z to mortgages4 #c4 ,mortgage =ms4 #d4 ,paym5ts4 #e4 ,assignm5ts4 #f4 ,r$emption ( mortgages4 #g4 ,equity ( r$emption4 ,,*apt] ,,iv ,,wills #a4 ,two k9ds4 #b4 ,limitations ( wills4 #c4 ,h[ to make a w4 #d4 ,on executive duties4 #e4 ,adm9i/rators4 #f4 ,debts4 #g4 ,f9al settlem5t4 ,,*apt] ,v ,,lett] ,,writ+ #a4 ,bus9ess lett]s4 #b4 ,! head+4 #c4 ,=ms4 #d4 ,! greet+4 #e4 ,body ( lett]4 #f4 ,end+ a lett]4 #g4 ,mat]ials4 #h4 ,lett]s ( introduction1 etc4 ,,*apt] ,,vi ,,bills1 ,,receipts ,,& ,,acc\nts #a4 ,bills = goods4 #b4 ,bills = labor4 #c4 ,disc\nt+ bills4 #d4 ,=ms ( receipts4 #e4 ,:at is an ord]8 ,,*apt] ,,vii ,,:o ,,%\ld ,,keep ,,acc\nts8 #a4 ,an acc\nt ) crops4 #b4 ,work+man's acc\nt4 #c4 ,o!r records4 #d4 ,copies4 ,,*apt] ,,viii ,,z ,,to ,,banks #a4 ,national banks4 #b4 ,banks z l5d]s4 #c4 ,int]e/ on deposits4 #d4 ,*eck & deposit banks4 #e4 ,h[ to draw a *eck4 #f4 ,c]tificates ( deposit4 #g4 ,use ( *ecks4 ,,*apt] ,,ix ,,sav+s ,,banks #a4 ,h[ bus9ess is conduct$4 #b4 ,h[ to deposit4 #c4 ,h[ acc\nt gr[s4 #d4 ,limit ( deposit4 #e4 ,h[ to draw money4 #f4 ,sav+s bank rev5ues4 ,,*apt] ,x ,,notes--,,drafts #a4 ,def9ition & illu/ration4 #b4 ,days ( grace4 #c4 ,indors+ notes4 #d4 ,negotiable notes4 #e4 ,jo9t notes4 #f4 ,disc\nt+ notes4 #g4 ,int]e/ on notes4 #h4 ,prote/s4 #i4 ,notices4 #aj4 ,accommodations4 #aa4 ,lo/ notes4 #ab4 ,notes ab\t notes4 ,,*apt] ,,xi ,a ,,draft #a4 ,to make a draft4 #b4 ,=ms4 #c4 ,= collection4 #d4 ,di%onor4 #e4 ,prote/s4 #f4 ,buy+ drafts4 #g4 ,a good plan4 #h4 ,good z ca%4 ,,*apt] ,,xii ,,j ,,money #a4 ,:at is money8 #b4 ,unit$ ,/ates money4 #c4 ,metal money4 #d4 ,pap] money4 #e4 ,bank notes4 #f4 ,gre5backs4 #g4 ,treasury c]tificates4 #h4 ,worn-out notes4 ,,*apt] ,,xiii ,,our ,,po/al ,,bus9ess #a4 ,! dep>tm5t4 #b4 ,rural free deliv]y4 #c4 ,classifi$ mail matt]4 #d4 ,po/al rules4 #e4 ,=eign rates4 #f4 ,/amps4 #g4 ,po/al c>ds4 #h4 ,regi/]+ lett]s4 #i4 ,special deliv]y4 #aj4 ,money ord]s4 #aa4 ,ca%+ ,p4,o4 ord]s4 #ab4 ,advice4 ,,*apt] ,,xiv ,,telegrams--,,! ,,telephone #a4 ,description4 #b4 ,directions4 #c4 ,*>ges4 #d4 ,telegraph+ money4 #e4 ,! me?od4 #f4 ,! telephone4 ,,*apt] ,,xv ,,bus9ess ,,by ,,express #a4 ,two k9ds4 #b4 ,in/ructions4 #c4 ,! company's duty4 #d4 ,collections by express4 #e4 ,c4 #j4 ,d4 by express4 #f4 ,money by express4 #g4 ,money ord]s4 ,,*apt] ,,xvi ,,ab\t ,,railroads #a4 ,bills ( lad+4 #b4 ,express bills4 #c4 ,a bill & a draft4 #d4 ,"s =ms4 ,,*apt] ,,xvii ,,taxes #a4 ,def9ition4 #b4 ,k9ds ( taxes4 #c4 ,cu/oms duty4 #d4 ,int]nal rev5ue4 #e4 ,/amps4 #f4 ,/ate taxes4 #g4 ,exempt f taxes4 #h4 ,insuffici5t taxes4 #i4 ,p]sonal prop]ty4 #aj4 ,t[n taxes4 #aa4 ,paym5ts4 #ab4 ,corporation taxes4 #ac4 ,taxes 9 g5]al4 #ac4 ,! returns4 ,,*apt] ,,xviii ,,contracts--,,leases--,,gu>antees #a4 ,requisites to a contract4 #b4 ,! consid]ation4 #c4 ,writt5 & v]bal contracts4 #d4 ,=ms ( contract4 #e4 ,k9ds ( contract4 #f4 ,a lease4 #g4 ,z to repairs4 #h4 ,sub-lett+4 #i4 ,:at is a gu>anty8 #aj4 ,a bill ( sale #aa4 ,obligations4 ,,*apt] ,,xix ,,life ,,insurance #a4 ,a def9ition4 #b4 ,h[ x is done4 #c4 ,z an inve/m5t4 #d4 ,=ms ( life insurance4 #e4 ,mutual insurance4 #f4 ,am\nt ( policies4 #g4 ,policies z security4 #h4 ,lapses4 #i4 ,propriet>y companies4 ,,*apt] ,,xx ,,insurance--,,fire--,,accid5t #a4 ,l a gambl+ risk4 #b4 ,:at is fire insurance8 #c4 ,premiums4 #d4 ,collect+4 #e4 ,insurable prop]ty4 #f4 ,mutual companies4 #g4 ,/ock companies4 #h4 ,accid5t insurance4 ,,*apt] ,,xxi ,,p>tn]%ips #a4 ,def9$4 #b4 ,prep>e & sign4 #c4 ,sil5t p>tn]s4 #d4 ,nom9al p>tn]s4 #e4 ,liability4 #f4 ,h[ to dissolve4 #g4 ,notice necess>y4 #h4 ,a =m4 ,,*apt] ,,xxii ,,inve/m5ts #a4 ,:at is an inve/m5t8 #b4 ,sav+s4 #c4 ,capitali/s4 #d4 ,/ockhold]s4 #e4 ,k9ds ( /ocks4 ,,*apt] ,,xxiii ,,bonds ,,z ,,inve/m5ts #a4 ,z to bonds4 #b4 ,sorts ( bonds4 #c4 ,railroad bonds4 #d4 ,buy+ bonds4 #e4 ,requisite 9 a bond4 ,,*apt] ,,xxiv ,,?+s ,,to ,,rememb] #a4 ,don't deceive y\rself4 #b4 ,be sure y are n los+4 #c4 ,we$+ out old /ock4 #d4 ,dropp+ wor?less acc\nts4 #e4 ,let y\r wife "k4 #f4 ,*ildr5 & bus9ess4 #g4 ,f>m]s' sons4 ,,*apt] ,,xxv ,,wor? ,,kn[+ #a4 ,h[ title is acquir$4 #b4 ,ov]-g5]osity4 #c4 ,c>e ( wills4 #d4 ,c>e ( all pap]s4 #e4 ,*ecks & /ubs4 #f4 ,s5d+ away money4 #g4 ,lo/ 9 mails4 #h4 ,m ab\t notes4 ,,*apt] ,,xxvi ,,look ,,be=e ,,y ,,leap #a4 ,z to receipts4 #b4 ,notes 9 bank4 #c4 ,well to "k4 #d4 ,dis*>g+ li5s4 #e4 ,prompt b n too prompt4 #f4 ,be 9 no ha/e to inve/4 #g4 ,meet dues promptly4 #h4 ,c\nt+ money4 #i4 ,ready money4 #aj4 ,9 travel+4 ,,*apt] ,,xxvii ,,contractions ,,& ,,signs #a4 ,an alphabetical arrangem5t4 ,,*apt] ,,xxviii ,,words ,,& ,,phrases ,,us$ #a4 ,def9$ & alphabetically arrang$4 ,,introduction ,:at is a good bus9ess man8 ,! ri* man1 y may answ]4 ,no1 ! good bus9ess man is ! man :o kn[s bus9ess4 ,are y a good bus9ess man8 ,up to ! av]age1 y say4 ,well1 :at d y "k ( bus9ess laws & rules1 outside y\r pres5t circle ( r\t9e "w8 ,n[1 ?is h&y little volume is a cond5sation ( ! rules & ! laws :i* e man1 f ! day labor] to ! bank]1 %\ld be famili> )4 ,we h n put 9 ev]y?+ ab\t bus9ess1 = t w\ld require a libr>y1 in/ead ( a book t c be read 9 a %ort day1 & be consult$ = its special in=mation at any "t4 ,x isn't a "q ( ! price ( ! book to y1 or ( ! pr(it to ! publi%]4 ,is x good8 ,_m a man has fail$ because he did n "k ! rules & laws h]e9 giv54 ,nev] a man has won hone/ly :o did n c>ry out ^! rules & laws4 ,,*apt] ,i ,,common ,,s5se ,,f>m+ ,! ?ree ?+s ess5tial to all weal? production are l&1 labor1 & capital4 ,! dry l& 0 creat$ be=e !re appe>$ ! man1 ! labor]1 to "w x4 ,) 8 b>e h&s ! work] c\ld h done no?+ ) ! l& ei!r z a graz]1 a f>m] or a m9]4 ,f ! v fir/ he ne$$ capital1 t is1 ! tools to "w ! l&4 ,! fir/ tool may h be5 a pole1 "o end h>d5$ 9 ! fire1 or a comb9$ hoe & axe1 made by fa/5+ ) wy!s1 a suitable /one to ! end ( a /ick2 b no matt] ! k9d ( tool1 or ! means ( produc+ x1 x repres5t$ capital1 & ! man :o own$ ?is tool 0 a capitali/ z comp>$ ) ! man )\t any su* appliance4 ,f ! l&1 ) ! aid ( labor & capital1 comes weal?1 :i* 9 a broad way may be def9$ z some?+ hav+ an ex*angeable value4 ,be=e ! appe>ance ( money all weal? *ang$ h&s ?r\gh b>t]4 ,! weal? 9 ! _w to-day is immeasurably great] ?an all ! money 9 x4 ,! bus9ess ( ! _w1 p>ticul>ly betwe5 nations1 is /ill c>ri$ on ?r\gh ex*ange1 ! balances be+ settl$ by money4 ,money is a m$ium ( ex*ange1 & %\ld n be conf\nd$ ) weal? or capital2 ! latt] is t =m ( weal? :i* is us$ ) labor 9 all production4 ,broadly speak+1 weal? is ( two k9ds1 dormant & active4 ,! =m] awaits ! developm5t ( labor & capital1 ! latt] is ! product ( bo?4 ,labor is human ef=t1 9 any =m1 us$ = ! production ( weal?4 ,x is ( two k9ds--skill$ & unskill$4 ,! =m] may be :olly m5tal1 ! latt] may be :olly manual4 ,! successful f>m] mu/ be a skill$ labor]1 no matt] ! am\nt ( 8 manual "w4 ,! unskill$ f>m] c nev] succe$ l>gely1 no matt] h[ h>d he works4 ,tra9$ h&s ) tra9$ bra9s are irresi/ible4 ,too _m f>m]s live 9 ! ruts cut by _! great-great- gr&fa!rs4 ,!y /ill balance ! corn 9 ! sack ) a /one4 ,f>m+ is ! _w's greate/ indu/ry4 ,all ! %ips might be dock$1 all ! factory :eels /opp$1 & all ! railroads turn$ to /reaks ( ru/1 & /ill ! race w\ld survive1 b let ! pl[ lie idle = a ye> & man w\ld p]i% z :5 ! deluge swept ! m\nta9 tops4 ,! next c5sus w %[ consid]ably ov] #f1jjj1jjj f>ms 9 ! ,unit$ ,/ates4 ,f>m+ is ! greate/ ( all indu/ries1 z x is ! mo/ ess5tial4 ,our ,gov]nm5t has wisely made ! head ( ! ,dep>tm5t ( ,agriculture a cab9et (fic]1 & ! effect on our f>m+ int]e/ is %[n 9 improv$ me?ods & a l>g] output ( bett] quality4 ,! hap-haz>d1 unskill$ me?ods ( ! pa/ are disappe>+4 ,sci5ce is l5d+ h] aid to ! till] ( ! soil1 & ! wise ones are rea*+ out _! h&s 9 welcome4 ,,bus9ess ,,me?ods ,,ne$$ ,z f>m+ is our pr9cipal bus9ess1 x foll[s t ^? :o conduct ?is va/ & v>i$ ent]prise %\ld be bus9ess m54 ,! f>m] is a produc] ( goods1 & s might be reg>d$ z a manufactur]1--! orig9al mean+ ( ! ^w is "o :o makes ?+s by h&4 ,he is also a sell] ( 8 own products1 & a pur*as] ( ! products ( o!rs1 s t1 to "s ext5t1 he may also be reg>d$ z a trad] or m]*ant4 ,ent]prise & bus9ess skill are ! requisites ( ! manufactur] & m]*ant4 ,c ! f>m] succe$ )\t !m8 ,no bus9ess c prosp] )\t me?od1 economy1 & indu/ry intellig5tly appli$4 ,no man works h>d] ! ye> r\nd ?an does ! ,am]ican f>m]1 yet too _m are go+ back in/ead ( advanc+4 ,9 su* cases x w be f\nd t !re is en\gh h>d "w = bett] results1 & t ! cause ( failure is t ! indu/ry has n be5 prop]ly appli$1 & t economy has _h no consid]ation4 ,economy does n mean nigg>dl9ess1 or a det]m9ation to get along )\t tools t y\r neighbor has pur*as$4 ,a neglect to secure ! be/ tool ne$$ might be class$ z an extravagance1 a wa/e1 if ! tool 9 "q c\ld h add$ to ! quality & quantity ( ! output1 )\t ! exp5diture ( m labor4 ,bus9ess common-s5se is tak+ ! place ( old-fa%ion$ cons]vatism & sci5tific me?ods are no long] sne]$ at z book-f>m+4 ,,*apt] ,,ii ,,docum5ts ,,e ,,f>m] ,,%\ld ,,und]/& ,all prop]ty implies an own]4 ,prop]ty is ( two k9ds1 real & p]sonal4 ,! =m] is p]man5t & fix$1 ! latt] c be mov$4 ,e occupant ( realty holds x ?r\gh a de$1 :i* c>ries ) x sole own]%ip1 or ?r\gh a lease :i* c>ries ) x ! "r to occupation & use 9 accordance ) ! conditions z to "t & ! am\nt to be paid1 set =? 9 ! writt5 in/rum5t4 ,a de$ c>ries ) x sole own]%ip1 a lease cov]s ! "r ( use = a fix$ p]iod4 ,,z ,,to ,,de$s ,! pur*as] ( real e/ate1 say a f>m1 %\ld receive1 f ! p]son sell+ ! prop]ty1 a writt5 in/rum5t1 or conveyance kn[n z a de$4 ,! de$ mu/ %[ cle>ly t ! title to or int]e/ 9 ! prop]ty has be5 transf]r$ f ! sell] to ! buy]4 ,be=e ! de$ is sign$ & deliv]$1 ! buy] %\ld "k t he is gett+ a cle> title to ! prop]ty describ$ 9 ! conveyance4 ,9 ord] to insure ! accuracy ( ! title & ?us avoid subsequ5t complications & p]haps lawsuits1 ! pap] %\ld be submitt$ to "s good lawy]1 or o!r p]son acqua9t$ ) real e/ate law & ! me?ods by :i* titles are trac$ f ! fir/ own] to ! pres5t possessor4 ,,title ,,ab/racts ,9 all ! great bus9ess c5t]s ( ! ,unit$ ,/ates !re are ,title ,gu>antee ,companies1 :o = a consid]ation--to be paid by ! sell]--furni% an ab/ract ( title1 & insure its validity4 ,9 small] places ! local lawy]s "k h[ to make up an ab/ract & "o %\ld be employ$4 ,nev] tru/ ! se>* ( ! inexp]i5c$4 ,an ab/ract ( title is a memor&um tak5 f ! records ( ! (fice :]e de$s are record$1 & %[+ ! hi/ory ( ! title f ! ,gov]nm5t up to ! pres5t "t4 ,! sell] %\ld furni% ! buy] ) a c]tificate f ! prop] c\nty (fic]1 %[+ :e!r or n all taxes h be5 paid up to ! la/ assessm5t4 ,9 addition to ?is1 be=e ! money is paid & ! de$ accept$1 ! pur*as] %\ld be satisfi$ t !re are no mortgages1 li5s1 atta*m5ts or o!r claims aga9/ ! prop]ty4 ,if su* claims exi/ & are kn[n to ! buy]1 he may assume !m z a condition ( ! sale4 ,,p>ties ,,to ,a ,,de$ ,! p]son sell+ ! l& & mak+ ! de$ is kn[n 9 law z ! ,grantor4 ,! p]son buy+ ! prop]ty is kn[n z ! ,grantee4 ,a de$ is a =m ( contract1 & 9 ord] to h its t]ms & /atem5ts b9d+ on ! mak]1 he mu/ be tw5ty-"o ye>s ( age1 or ov]1 & he mu/ be ( s\nd m9d4 ,! grantee ne$ n be tw5ty-"o1 nor ( s\nd m9d 9 ord] to make ! t]ms ( ! de$ b9d+ on ! grantor4 ,9 "s /ates1 if ! grantor be a m>ri$ man1 8 wife mu/ sign ! de$ ) him4 ,?is %\ld be se5 to1 = )\t ! wife's signature ! grantee w n h a cle> title1 = ! woman c\ld /ill claim an int]e/ 9 ! prop]ty equal to h] d[] "r4 ,also1 if ! grantor is a woman1 h] husb&1 = ! reasons giv51 %\ld jo9 ) h] 9 ! execution ( ! de$4 ,! prep>ation ( a de$ %\ld n be left to ! unskill$4 ,,diff]5t ,,de$s ,!re are ?ree k9ds ( de$s1 viz43 ,g5]al w>ranty de$s1 special w>ranty de$s1 & quit-claim de$s4 ,! g5]al w>ranty de$1 if x c be _h1 is ! "o e pur*as] %\ld get4 ,9 ! g5]al w>ranty de$ ! grantor agrees = himself1 8 heirs1 executors1 adm9i/rators1 & assigns1 t at ! "t ( mak+ ! de$ he is lawfully 9 possession1 seiz$ is ! legal t]m1 ( ! e/ate describ$ 9 ! de$1 t x is free f all incumbrance1 & t he w w>rant & def5d ! grantee & 8 heirs & assigns aga9/ all claims :atsoev]4 ,9 ! quit-claim de$ ! grantor conveys to ! pur*as] 8 int]e/ 9 or "r to ! prop]ty "u consid]ation4 ,! quit-claim grantor does n gu>antee ! title to ! prop]ty1 nor w>rant ! grantee aga9/ any o!r claims4 ,he simply1 by ! de$1 quits 8 claim to ! prop]ty4 ,! special w>ranty de$ cov5ants & w>rants only aga9/ ! acts ( ! grantor & ^? claim+ title "u him4 ,,mak+ ,a ,,de$ ,aft] a de$ is prop]ly drawn1 x is ready to be sign$1 seal$1 & deliv]$ to ! grantee4 ,if ! wife ( ! grantor is to sign1 h] "n %\ld foll[ t ( h] husb&4 ,if "o or bo? _c write1 ! signature c be made 9 ?is way3 ,8 ,george ,x ,jones4 ,m>k4 ,witness44444444444444 ,9 "s /ates "o or m witnesses are requir$ to ! signature ( ! grantor2 9 o!rs1 witnesses are n necess>y1 except :]e a m>k is made4 ,an important "p ( a de$ is ! ,ackn[l$gm5t4 ,?is is ! act ( ackn[l$g+ be=e a not>y public1 ju/ice or o!r (ficial prop]ly qualifi$ to adm9i/] an oa?1 t ! signatures are g5u9e & made volunt>ily4 ,! ackn[l$gm5t hav+ be5 tak51 ! (ficial /amps ! pap] ) 8 seal & signs x4 ,9 "s /ates ! law requires t a wax or pap] seal be atta*$ to ! pap]1 :ile 9 o!rs a circul> scroll1 made ) ! p51 ) ! lett]s ,l4,s4 9 ! c5t] answ] ! purpose4 ,:5 ! =ego+ ess5tials are compli$ ) ! de$ mu/ be deliv]$ to ! grantee4 ,! deliv]y is ess5tial1 = )\t x ! de$ is ( no value1 ev5 ?\gh e o!r requisite be compli$ )4 ,a de$ may be made = l& on :i* full paym5t has already be5 ackn[l$g$1 b if ! grantor dies be=e ! de$ is deliv]$1 !n ! de$ has no legal value4 ,a de$ obta9$ by fraud1 deceit or compulsion is void4 ,,record+ ,,de$s ,z soon z possible aft] ! grantee has receiv$ ! de$1 he %\ld h x record$4 ,9 e c\nty 9 ! diff]5t /ates !re is an (fic]1 kn[n z regi/] or record]1 ^: duty x is to ent] 9 regul> folios1 or books1 a copy ( e de$ or mortgage pres5t$ to him4 ,! docum5t !n becomes a "p ( ! c\nty records4 ,! grantee mu/ pay ! record+ fees4 ,anyone1 on pay+ ! fee = copy+ & c]tify+1 c obta9 a copy ( any docum5t t has be5 record$ 9 a regi/]'s (fice4 ,if an orig9al de$ is lo/1 ! c]tifi$ copy ( ! regi/] has all ! legality ( ! orig9al4 ,all de$s & o!r pap]s ( value %\ld be c>efully kept1 s t !y may be available1 if ne$$4 ,a small safe deposit box ) a company t keeps su* spaces = r5t1 is (t5 a wise inve/m5t4 ,keep all relat$ pap]s 9 "o package or envelope4 ,if !re is "o lawy] :o att5ds to all y\r legal bus9ess1 he w be a good cu/odian ( all pap]s ( record1 = he usually has a firepro( safe4 ,,*apt] ,,iii ,,o!r ,,=ms ,,( ,,de$s--,,mortgages ,!re is "o condition "u :i* ! grantor does n turn ov] or deliv] ! de$ to ! grantee aft] x is made4 ,?is is kn[n z a ,de$ 9 ,escr[4 ,a de$ deliv]$ 9 escr[ is :5 ! docum5t is plac$ ) a ?ird p>ty to be by him deliv]$ to ! grantee :5 a c]ta9 "t has elaps$ or c]ta9 conditions h be5 fulfill$4 ,:5 ! conditions h be5 compli$ )1 ! de$ is giv5 by its cu/odian to ! grantee1 :i* is z legal z if x 7 giv5 by ! grantor 9 p]son4 ,,tru/ ,,de$s ,a tru/ de$ is ! =m us$ to convey prop]ty to "s p]son :o is entitl$ to its proce$s or pr(its4 ,?is =m ( de$ is (t5 us$ to secure ! paym5t ( a debt4 ,9 "s /ates !y take ! place ( mortgages4 ,:]e ! tru/ de$ is meant to take ! place ( a mortgage to secure a debt paym5t1 ! prop]ty is de$$ to a ?ird p>ty kn[n z a tru/ee4 ,! tru/ee 9 ?is case is ! ag5t = debtor & cr$itor1 & he mu/ act imp>tially4 ,! tru/ de$ specifies ! "* ( ! debt to be secur$4 ,9 case ( failure to pay ! debt z agre$ on1 ! tru/ee may1 if s w>rant$1 sell ! prop]ty1 & pay ! obligation f ! proce$s4 ,! grantor 9 a tru/ de$1 if n /ipulat$ to ! contr>y1 is entitl$ to all ! r5ts & pr(its ( ! prop]ty2 = x rema9s virtually 81 until he has fail$ to fill 8 contract4 ,:5 ! indebt$ness secur$ by ! tru/ de$ has be5 paid1 ! tru/ee mu/ at once execute a pap] kn[n to law z a ,release ,de$4 ,:5 record$ ?is in/rum5t dis*>ges ! li54 ,,z ,,to ,,mortgages ,mortgages are ( two k9ds1 real & *attel4 ,! fir/ is a li5 on real e/ate1 ! second on p]sonal prop]ty4 ,a mortgage may be def9$ z a conveyance ( prop]ty1 p]sonal or real1 z security = ! paym5t ( a debt1 or x may be giv5 z a gu>antee = ! p]=mance ( "s p>ticul> duty4 ,,mortgage ,,=ms ,:5 a mortgage is giv5 z security = ! paym5t ( a debt1 ! rule is to give a note = ! paym5t ( ! am\nt involv$4 ,! mortgage becomes 9 ?is case ! security = ! note's paym5t4 ,9 ! body ( ! note x mu/ be /at$ t x is secur$ by mortgage4 ,! date ( ! note & mortgage %\ld be ! same4 ,! man :o mortgages 8 prop]ty is ! mortgagor4 ,! man to :om ! mortgage is giv5 is ! mortgagee4 ,! =m ( ! mortgage is ! same z t ( a de$1 except t x conta9s a clause call$ ! ,defeasance1 :i* /ates t :5 ! obligation has be5 met ! docum5t %all be void4 ,,mortgages ,,mu/ ,,be ,,record$ ,! =ms = sign+1 seal+ & deliv]+ a mortgage1 are ! same z ) a de$4 ,a mortgage mu/ be record$ ! same z a de$1 ! mortgagee pay+ ! fees4 ,*attel mortgages are fil$ & record$ 9 ! same way1 except t x is n usual to make copies ( ! in/rum5t4 ,!y are describ$ 9 books prep>$ = ! purpose4 ,a wife ne$ n jo9 h] husb& 9 mak+ ! note secur$ by a mortgage1 b if %e agrees to ! transaction x is necess>y = h] to sign ! mortgage2 h[ev]1 "s /ates d n require ?is4 ,,paym5ts ,(t5 a life insurance policy is us$ z security = ! paym5t ( a mortgage4 ,! mortgagee1 if !re be build+s on ! prop]ty1 %\ld see t ! build+s are insur$ & t ! policy or policies are made out 9 8 "n4 ,if ! insurance policy is 9 ! mortgagor's "n he may collect & keep ! insurance money4 ,! mortgagor mu/ meet1 z /ipulat$1 e paym5t ( ! pr9cipal & int]e/4 ,failure to meet "o paym5t c result 9 a legal =eclosure4 ,:5 a paym5t is made1 ! date & ! am\nt mu/ be ent]$ on ! back ( ! note4 ,?is %\ld be done 9 ! pres5ce ( ! mortgagor4 ,if possible always pay ! obligation by *eck4 ,if a paym5t is accept$ on a mortgage & ! am\nt is n suffici5t to meet ! sum requir$1 ! int]e/ is fir/ settl$ 9 full1 ! re/ is cr$it$ to ! pr9cipal4 ,:5 ! full am\nt1 ) int]e/1 is paid 91 x becomes ! duty ( ! mortgagee to h ! mortgage dis*>g$4 ,a complete settlem5t is :51 all paym5ts be+ made1 ! mortgagee surr5d]s ! note & its security1 & causes to be writt5 by ! regi/]1 on ! m>g9 ( ! copy 9 8 books1 ! words1 dis*>g$1 or satisfi$1 affix+ !reto 8 (ficial signature & ! date4 ,,assignm5ts ,a mortgage is reg>d$ 9 law z p]sonal prop]ty4 ,a mortgage ne$ n rema9 9 ! h&s ( ! mortgagee 9 ord] to be valid4 ,x c be sold l bonds1 /ocks or o!r prop]ty1 & !re are m5 :o deal only 9 t =m ( security4 ,9 ord] to sell a mortgage1 ! own] mu/ make1 to ! pur*as]1 :at is kn[n z an assignm5t ( mortgage4 ,! assignm5t %\ld be record$ 9 ! same way z ! orig9al mortgage1 ! assignee pay+ ! fee4 ,,r$emption ,,( ,,mortgages ,:ile ! rule z to ! r$emption ( mortgages rema9s ! same 9 "s localities t x =m]ly 01 ! law 9 mo/ places is n[ m l5i5t4 ,n[ ! mortgagor :o has fail$ is usually giv5 by law an ext5sion ( "t 9 :i* to make good ! paym5t ( pr9cipal & int]e/4 ,l5d]s1 :5 ! int]e/ is met1 are cont5t to let ! mortgage run on z an inve/m5t1 ?\gh x w (t5 be f\nd1 9 su* cases1 t x is bett] to make a new mortgage4 ,,equity ,,( ,,r$emption ,:]e ! paym5ts on a mortgage h n be5 met & ! in/rum5t has n be5 =eclos$1 ! mortgagor has /ill :at is kn[n z an equity ( r$emption4 ,9 "s /ates aft] ! =eclosure ( ! mortgage & ! sale ( ! prop]ty !re is /ill a p]iod ( r$emption ( f sixty days to six ye>s4 ,! mode ( =eclosure diff]s 9 "s /ates4 ,! usual me?od is to =eclose on an ord] f ! c\rt1 & to h ! sale conduct$ by a c\rt (fic]4 ,! proce$s f ! sale are us$ to pay ! pr9cipal1 int]e/s & co/s4 ,if !re is money left ov] x is paid to ! mortgagor1 ^: int]e/s 9 ! prop]ty are !n at an end4 ,_m p1 n famili> ) bus9ess me?ods1 are incl9$ to reg>d a mortgage z some?+ ( a disgrace1 :51 z a matt] ( fact x is a mo/ usual & honorable means ( rais+ money = ! secur+ ( a home or ! conduct+ ( a bus9ess4 ,ne>ly all ( ! great railroads ( ! c\ntry h be5 built by ! sale ( ! mortgage bonds1 :i* are usually r5ew$ :5 due1 & are s\ght out z a safe & sane =m ( inve/m5t4 ,! fact t a mortgage paym5t has to be met on a f>m is (t5 9 itself ! /ronge/ inducem5t to indu/ry & economy4 ,,*apt] ,,iv ,,wills ,:e!r f>m]1 manufactur]1 m]*ant or pr(essional man1 & :e!r 9 y\?1 mid-age or decl9+ ye>s1 e own] ( p]sonal or real prop]ty1 or bo?1 %\ld make a w4 ,if y h n made a w1 get ov] ! fooli% notion t x is a premonition ( dea?1 & d s at once4 ,a w is a writt5 & sign$ decl>ation ( ! disposition "o wi%es to h made ( 8 prop]ty 9 ! ev5t ( 8 dea?4 ,! mak] ( a valid w mu/ be ( s\nd m9d & n less ?an tw5ty-"o ye>s ( age4 ,wom51 :e!r m>ri$ or s+le1 if ( prop] age1 are compet5t to make a w4 ,,( ,,two ,,k9ds ,a w may be writt5 or unwritt54 ,unwritt5 wills are kn[n z nun-cupative4 ,nun-cupative wills are employ$ only :5 ?r\gh accid5t1 or sudd5 seizure by a fatal disease1 ! "t necess>y to write & sign a w _c be _h4 ,! unwritt5 w mu/ be au!nticat$ by reliable & unprejudic$ witnesses1 & g5]ally x c dispose ( p]sonal prop]ty only4 ,9 ! writt5 w no precise =m is necess>y1 ?\gh :5 drawn by a lawy] x usually beg9s ) "s su* =m z3 ,i1 ,george ,br[n1 be+ ( s\nd m9d & good und]/&+1 d make & decl>e ?is to be my la/ w & te/am5t1 etc4 ,a w is n necess>ily p]man5t4 ,x may be cancell$ or *ang$ 9 any way by ! mak] be=e 8 dea?1 or a new w c be made4 ,! la/ w cancels all prec$+ wills4 ,an addition to an exi/+ w is kn[n z a codicil4 ,a man mak+ a w is call$ a te/ator4 ,a woman mak+ a w is call$ a te/atrix4 ,,limitations ,,( ,,wills ,a man has a "r to dispose ( 8 prop]ty by w or gift z he *ooses1 b if he is m>ri$ ! law compels him to consid] ! rights ( ano!r4 ,! husb& _c1 by w or o!rwise1 deprive 8 wife ( h] "r ( d[] 9 8 real e/ate & appurt5ances4 ,unless %e *ooses to accept1 ! wife ne$ n accept o!r prop]ty t is bequea!d h] 9 lieu ( d[]4 ,! wife's d[] int]e/ 9 h] husb&'s e/ate is a life int]e/ only4 ,on h] dea? x goes to ! husb&'s heirs1 z if !re _h be5 no wid[4 ,9 "s /ates !re is no "r ( d[]4 ,,h[ ,,to ,,make ,a ,,w ,! w n only %[s ! purpose ( ! te/ator1 b x s]ves z a b> to litigation among ! natural heirs4 ,any man or woman c write out 8 or h] w1 b unless q famili> ) su* "w x is bett] to employ a lawy] = ! purpose4 ,! p]son nam$ 9 ! w to c>ry out ! purpose ( ! te/ator is kn[n z ! executor4 ,no p]son1 n tw5ty-"o at ! "t ! w is prov$ c act z an executor4 ,nei!r a convict1 an imbecile1 nor "o kn[n to be a drug fi5d or an habitual drunk>d1 is eligible = ! po/ ( an executor4 ,if an executor be appo9t$ aga9/ 8 w1 ! law does n compel him to s]ve4 ,!re mu/ be at lea/ two witnesses to a w1 "s /ates require ?ree4 ,! witnesses ne$ n "k ! cont5ts ( ! w1 b !y mu/ und]/& be=e sign+ t x is a w1 & !y mu/ see x sign$ by ! te/ator4 ,"u ! common law ! w is void if ! witnesses are b5efici>ies4 ,9 "s /ates a w s witness$ is valid1 except t ! witnesses _c receive _! legacies4 ,all ! witnesses %\ld sign at ! same "t & add _! addresses4 ,if an heir at law1 say a *ild1 is n m5tion$ 9 ! w1 ! law assumes t he 0 =gott5 by ! te/ator & g5]ally gives ! %>e ! heir w\ld be entitl$ to if !re 7 no w4 ,at ! end ( ! w ! te/ator1 9 ! pres5ce ( ! witnesses1 %\ld write 8 "n 9 full4 ,,an ,,executor',s ,,duties ,an executor is ! legal repres5tative ( ! te/ator4 ,x is 8 duty to see t ! provisions ( ! w are c>ri$ out4 ,no man is qualifi$ to act z executor :o is n compet5t to make a w4 ,executors1 unless reliev$ by ! provisions ( ! w1 are requir$ to file bonds1 proportion$ to ! value ( ! e/ate1 = ! fai?ful p]=mance ( _! duties4 ,%\ld !re be no executor nam$ 9 ! w1 or if ! p]son s nam$ refuses to act1 or if he dies or resigns1 ! c\rt w appo9t a p]son to act 9 8 place4 ,! executor appo9t$ by ! c\rt is kn[n or call$ an adm9i/rator ) ! w annex$4 ,9 "s /ates ! c\rt hav+ jurisdiction ( wills & e/ates ( deceas$ is kn[n z ! probate1 9 o!rs x is call$ ! ,surrogate's ,c\rt1 & 9 /ill o!rs1 ,! ,orphan's4 ,,adm9i/rators ,,& ,,_! ,,duties ,if a man1 own+ prop]ty1 dies )\t mak+ a w1 ! judge ( ! prop] c\rt w appo9t an adm9i/rator to settle ! e/ate4 ,?is is ! me?od ( proc$ure3 #a4 ,a p]son1 int]e/$ 9 gett+ ! e/ate settl$1 goes be=e ! prop] judge & asks him to appo9t an adm9i/rator4 #b4 ,! adm9i/rator mu/ give ! same bond z an executor4 ,_! duties are ! same4 #c4 ,9 settl+ ! e/ate ! adm9i/rator is gov]n$ by ! law1 & by ! special directions ( ! (fic] hav+ jurisdiction 9 su* matt]s4 #d4 ,he mu/ make a c>eful li/ ( all ! prop]ty belong+ to ! e/ate4 ,! value ( ! p]sonal prop]ty is e/imat$ by m5 specially appo9t$ by ! c\rt = ! purpose & kn[n z apprais]s4 #e4 ,! adm9i/rator mu/ acc\nt = e item ( prop]ty t comes into 8 possession4 #f4 ,all debts ( deceas$ mu/ be fir/ paid1 includ+ fun]al exp5ses4 ,if ! proce$s ( ! p]sonal prop]ty are n suffici5t = ?is purpose1 ! adm9i/rator may1 if !re be real e/ate1 sell ! :ole or "p ( x1 on an ord] f ! c\rt4 ,,debts ,debts mu/ be paid 9 an ord] prescrib$ by law4 ,! foll[+ is ! usual ord]3 #a4 ,fun]al exp5ses & exp5ses ( la/ illness4 #b4 ,! wid['s all[ance or aw>d4 #c4 ,debts due ! /ate or municipality4 #d4 ,claims ( o!r cr$itors4 ,:atev] prop]ty is left1 aft] pay+ ^! obligatory sums1 is divid$ among ! rightful heirs "u ! direction ( ! c\rt1 & 9 ! mann] provid$ by law4 ,! adm9i/rator mu/ adv]tise1 9 "o or m c\nty pap]s ! fact t he has be5 appo9t$ to settle ! e/ate ( ! deceas$1 ^: "n is giv51 & he mu/ ask t all claims be pres5t$ )9 a giv5 p]iod1 usually fix$ at six mon?s4 ,:5 ! e/ate is settl$ to ! satisfaction ( ! c\rt1 ! same au?ority releases ! adm9i/rator & 8 bondsm54 ,all ! fees connect$ ) ! settlem5t are reg>d$ z debts & mu/ be paid f ! proce$s ( ! e/ate be=e clos+4 ,,! ,,f9al ,,settlem5t ,:5 ! debts are paid & ! residue divid$ among ! heirs1 ! adm9i/rator files 8 acc\nt4 ,if x is all[$ ! case ends4 ,! p>ties ( int]e/ 9 an e/ate may agree to settle x out ( c\rt4 ,?is saves exp5se1 b x is n ! safe/ way4 ,,*apt] ,v ,,lett] ,,writ+ ,:at has be5 said ab\t de$s & mortgages applies n only to ! f>m]1 b also to e own] ( a build+ lot4 ,! same may be said ( wills4 ,!y h a bus9ess int]e/ = ! t[n z well z = ! c\ntry dwell]4 ,,bus9ess ,,lett]s ,! purpose ( ?is book be+ /rictly bus9ess1 no attempt w be made to in/ruct ! read] 9 any?+ n connect$ ) ! subject "u consid]ation4 ,social1 fri5dly1 & su* lett]s are matt]s = individual "t & ta/e1 & no rule c be laid d[n = _! writ+1 b ! bus9ess lett] is a diff]5t matt]1 & "o :i* des]ves special consid]ation f e man or woman :o receives an ord] by mail1 or :o s5ds "o4 ,to write a good bus9ess lett] is no mean accompli%m5t1 & al?\gh a gift ) "s1 x c be acquir$ by all4 ,a lett] is1 9 a way1 a te/imonial ( ! "* & ability ( ! writ]4 ,! purpose ( a bus9ess lett] is to express j :at y want & no m4 ,any man ) a good common s*ool education1 & a little pati5t practice1 c soon le>n to write z good a bus9ess lett] z ! college graduate4 ,correct spell+ may n be g5]al1 b x is c]ta9ly desirable4 ,lett] writ+1 z 9 ! prep>ation ( o!r pap]s1 has its own well-recogniz$ =ms1 & ^! may be easily le>n$4 ,e prop]ly con/ruct$ bus9ess lett] %\ld consi/ ( ! foll[+ p>ts3 #a4 ,:]e writt5 f4 #b4 ,:5 writt54 #c4 ,to :om writt54 #d4 ,address4 #e4 ,salutation4 #f4 ,introduction4 #g4 ,purpose ( lett]4 #h4 ,complim5t>y end+4 #i4 ,signature4 ,,! ,,head+ ,! lett] %\ld beg9 by giv+ ! address ( ! writ]1 foll[$ by ! date on :i* x 0 writt54 ,?is w enable ! recipi5t to direct 8 reply4 ,if f a city1 ! /reet & numb] %\ld be giv54 ,if _m lett]s are writt5 x w be conv5i5t to h ! p]man5t address ( ! writ] pr9t$4 ,! writ+ %\ld be pla91 & !re %\ld be no d\bt 9 ! m9d ( ! read] z to ! prop] spell+ ( ! address & signature4 ,avoid ! hi]oglyphics :i* "s va9 m5 adopt 9 sign+ _! names4 ,x may be fanciful1 b x does n imply consid]ation = ! "t & pati5ce ( /rang]s4 ,! foll[+ =ms w s]ve to illu/rate ! type ( head+ us$ 9 ord9>y bus9ess lett]s3 #a #abd ,smi? ,/41 ,br[nsville1 ,mass4 ,septemb] #d1 #aiaj4 ,mr4 ,john ,smi?1 ,doyle/[n1 ,p5na4 ,de> ,sir3 #b ,l]oy1 ,mass41 ,septemb] #e1 #aiaj4 ,messrs4 ,br[n & ,jones1 ,d5v]1 ,col4 ,g5tlem53 #c #d ,sem9ole ,/41 ,=t ,smi?1 ,ark4 ,septemb] #f1 #aiaj4 ,mrs4 ,m>y ,j4 ,rob9son1 ,lans+1 ,cal4 ,de> ,madam3 ,! ,mr41 ,mrs41 ,madam1 & ,miss are titles ( c\rtesy & %\ld n be omitt$4 ,! abbreviation ,esq4 = ,esquire is sometimes us$2 b ! two titles ,mr4 & ,esq4 %\ld nev] be us$ ) "o "n1 z ,mr4 ,john ,smi?1 ,esq4 ,if a man is kn[n by a milit>y or o!r title1 always use x1 b nev] prec$e x ) ,mr4 nor foll[ x ) ,esq4 ,cl]gym5 %\ld always be address$ z ,rev41 ! abbreviation = ,rev]5d4 ,if he is a doctor ( div9ity1 add ,d4,d4 to ! "n1 z ,rev4 ,john ,smi?1 ,d4,d4 ,m$ical doctors may be address$ z ,dr4 ,john ,smi?1 or ,john ,smi?1 ,m4,d4 ,,! ,,greet+ ,! greet+ or salutation is a t]m ( c\rtesy or e/eem us$ 9 address+ ! "o to :om ! lett] is s5t4 ,sir is ! =mal greet+1 & is us$ 9 address+ (ficials1 or any /range male p]son4 ,sirs1 or ,g5tlem5 may be us$ 9 ! plural4 ,de> ,sir1 or ,my ,de> ,sir1 is ! usual =m ( greet+ :5 a bus9ess lett] is address$ to an individual4 ,:]e ! writ] is acqua9t$ ) ! p]son address$1 ! usual =m ( greet+ is ,de> ,mr4 ,smi?4 ,,! ,,lett] ,,itself ,if writ+ 9 response to a lett] receiv$1 ! writ] %\ld beg9 9 "s su* way z ?is3 ,mr4 ,?omas ,br[n1 ,newburg1 ,n4 ,y4 ,my ,de> ,sir3 ,y\r favor ( ! second in/4 is j to h&4 ,9 reply p]mit me to /ate1 etc41 etc4 ,?is %\ld be foll[$ by ! necess>y /atem5t1 set =? 9 cle>1 simple words4 ,be sure ( y\rself4 ,! secret ( good writ+ is cle> ?9k+4 ,,end+ ,,! ,,lett] ,!re is mu* 9 ! prop] end+ ( a lett]4 ,9 ! ord9>y bus9ess lett] ! usual end+ may be1 ,y\rs truly1 ,y\rs v truly1 or ,y\rs respectfully4 ,o!r end+s us$ 9 writ+ to bus9ess acqua9tances are1 ,y\rs s9c]ely1 or ,v s9c]ely y\rs1 or y may sub/itute ! words ,cordially or ,he>tily = s9c]ely4 ,,sign+ ,,! ,,lett] ,! "n ( ! writ] %\ld be s cle> & di/9ct z to leave no d\bt z to ! spell+4 ,! "n %\ld always be writt5 9 ! same way4 ,if y\r "n is ,george ,w4 ,br[n1 d n write x at "o "t z "h giv51 & aga9 z ,g4 ,wa%+ton ,br[n1 or ,g4 ,w4 ,br[n4 ,adopt "o =m & /ick to x4 ,if y are writ+ = a firm or = ano!r z cl]k or secret>y1 always sign ! firm "n1 & bel[ x y\r own "n prec$$ by ! ^w p]1 mean+ by or ?r\gh4 ,,! ,,mat]ials ,nev] use scraps ( pap] or soil$ pap] to write on if bett] c be _h4 ,! mat]ials ( a lett] affect ! receiv]1 p>ticul>ly if a /rang]1 j z "o is affect$ by ! g>b ( a /rang] be=e he speaks4 ,use a good p5 & black ink4 ,fold y\r pap] s t x w fit ! envelope4 ,avoid blots & erasures2 !y indicate c>elessness or unbecom+ ha/e4 ,address y\r lett] di/9ctly4 ,"h is a good =m3 ,mr4 ,george ,w4 ,:ite1 ,bo/on1 #aaja ,si\x ,/4 ,mass4 ,,lett]s ,,( ,,introduction ,at "s "t or ano!r "o has to write a lett] ( introduction1 & sometimes he has _h to pay = x4 ,if y %\ld give su* a lett] to a man to introduce him to ano!r ) :om y trade1 ! law has held t ! introduc] is responsible = any reasonable bills ! introduc$ may contract ) ! receiv] ( ! lett]4 ,nev] give a lett] ( introduction to a man y are n sure (4 ,9 address+ a lett] ( introduction :i* is to be h&$ 9 p]son1 d x 9 ?is way3 ,mr4 ,george ,w4 ,br[n1 ,wa%+ton1 ,d4 ,c4 ,introduc+ ,mr4 ,h5ry ,wilson4 ,?is %[s on its face ! nature ( ! communication4 ,"h is a good =m3 #aaa ,payne ,ave41 ,montrose1 ,ill4 ,septemb] #bg1 #aiaj4 ,mr4 ,norman ,r4 ,lloyd1 ,*icago1 ,ill4 ,de> ,mr4 ,lloyd3 ,?is w introduce my e/eem$ fri5d ,mr4 ,?omas ,t4 ,flet*]1 ( ?is t[n4 ,mr4 ,flet*] contemplates op5+ a drug /ore 9 ,*icago4 ,%\ld he d s he w prove an acquisition to y\r ,city4 ,any favor y c r5d] him w be mu* appreciat$ by1 ,y\rs fai?fully1 ,george ,w4 ,br[n4 ,,recomm5dations ,e man ( /&+ & e employ] ( labor is at times call$ on to c]tify to ! "*1 or to give a te/imonial to "s e/eem$ employee :o is ab\t to seek 8 =tune 9 ano!r place4 ,if y are ab\t to hire a /rang]1 x adds to y\r confid5ce & to 8 *ances if he h a te/imonial z to "* & fitness f 8 la/ employ]1 or f "s man ^: ^w y value4 ,! lett] ( recomm5dation is usually ( a g5]al "* & n address$ to any p>ticul>4 ,x %\ld op5 9 ?is way3 ,to :om x may conc]n4 ,foll[ ?is ) y\r te/imonial & sign x4 ,,titles ,! ,presid5t ( ! ,unit$ ,/ates is address$ z3 ,8 ,excell5cy1 ,william ,h4 ,taft1 ,executive ,mansion1 ,wa%+ton1 ,d4 ,c4 ,cab9et (fic]s1 ,s5ators1 ,congressm51 memb]s ( ! ,legislature1 & ,mayors ( cities are usually address$ z ,hon41 ! abbreviation ( honorable4 ,! title ,hon4 l ,esq4 is (t5 misus$4 ,aft] all titles ( c\rtesy are n obligatory1 unless we reg>d ! unwritt5 law ( cu/om 9 su* matt]s z b9d+4 ,! v be/ k9d ( a lett]1 & p]haps ! h>de/ to write1 is t 9 :i* ! writ] appe>s to be talk+ to u face to face4 ,,*apt] ,,vi ,,bills1 ,,receipts ,,& ,,acc\nts ,try to und]/& cle>ly ! mean+ ( all ! bus9ess t]ms y h to use4 ,! t]ms bill & invoice usually mean ! same ?+1 t is1 a bill ( sale4 ,?is applies to goods sold1 or s]vices r5d]$4 ,! m]*ant s5ds y an itemiz$ invoice ( ! goods y ord]$ & he has %ipp$4 ,! c>p5t] s5ds y an itemiz$ bill ( ! "w done by y\r ord]4 ,su* a docum5t %\ld be reg>d$ n z a dun1 b r z a record ( ! contract or transaction4 ,9 ! =ego+ case ! m]*ant & ! c>p5t] are ! cr$itors1 ! recipi5t ( ! goods or "w is ! debtor4 ,,bills ,,= ,,goods ,9 writ+ out a bill ! date is ! fir/ ?+ to be consid]$4 ,?is %\ld be ! same 9 =m z a bus9ess lett]4 ,?is =m w s]ve z an illu/ration3 ,gl5wood1 ,n4 ,j4 ,octob] #a1 #aiaj4 ,rob]t ,br[n ,to ,george ,l4 ,:ite1 ,dr4 ,sept #b4 ,= #be lbs4 sug>1 at 4#jf 4 4 4#a4ej #f4 #cj lbs4 ham1 at 4#bj 4 4 4 4 #f4jj #ad4 #ajj lbs4 fl\r1 at 4#jc-a_/b 4 #c4ej ---- ,receiv$ paym5t1 #aa4jj ,,signature ,,on ,,paym5t ,:olesale h\ses s5d su* bills z soon z ! goods are %ipp$ or deliv]$1 ?\gh ! paym5t1 z p] agreem5t1 is n to be made = ?irty1 sixty or n9ety days4 ,:]e !re is a runn+ acc\nt1 t is1 frequ5t ord]s1 ) total paym5ts nev] complet$1 x is cu/om>y = ! sell]1 at ! beg9n+ ( a cal5d> mon? to s5d to ! cr$itor a /atem5t4 ,?is /atem5t does n repeat ! items ( ! bills r5d]$1 its purpose be+ to %[ ! balance due to date4 ,,bills ,,= ,,labor ,:]e a me*anic or labor] is employ$ by ! day at a fix$ wage1 ! l5g? ( "t & dates %\ld be giv54 ,ri*mond1 ,va4 ,novemb] #c1 #aiaj4 ,*>les ,m4 ,pratt1 ,to ,john ,smi?1 ,dr4 ,to #d days1 f ,oct4 #a/ to #d? inclusive1 at #b4jj4444444444h4jj ,to #b #a_/b days1 ,oct4 #aj?1 #aa? & #ab?44444444444444444444 #e4jj ,to #c days1 ,oct4 #ag?1 #ah? & #ai? 44444444444444444444444 #f4jj ------ ,receiv$ paym5t1 #ai4jj ,signature4 ,?is bill is j z transf]able z a mortgage4 ,if = any reason ,mr4 ,smi? %\ld decide to sell x1 say to ,rob]t ,br[n1 he %\ld make ! foll[+ endorsem5t across ! back3 ,9 consid]ation ( ------ doll>s1 ! receipt ( :i* is h]eby ackn[l$g$1 ,i d h]eby sell & assign to ,rob]t ,br[n1 ! writt5 acc\nt1 :i* is ju/ly due f ! )9 nam$ ,*>les ,w4 ,pratt1 & ,i h]eby au?orize ! said ,rob]t ,br[n to collect ! same4 ,john ,smi?4 ,newburg1 ,n4 ,y4 ,novemb] #a1 #aiaj4 ,reg>d$ simply f a bus9ess viewpo9t & )\t consid]+ e?ics1 ,hone/y is ! be/ policy4 ,bills1 :]e possible1 %\ld be promptly paid4 ,prompt paym5t is a gu>antee ( cr$it & cr$it is ! he>t if n ! s\l ( bus9ess4 ,nev]1 if x c be avoid$1 buy goods on ! in/allm5t plan4 ,be sure to get a receipt = all paym5ts y make1 & be equally sure to keep ! receipt :]e y c f9d x4 ,exam9e all bills & invoices2 comp>e !m ) ! goods receiv$1 & no matt] :at y\r fai? 9 ! sell]'s c>e & hone/y1 calculate = y\rself ! price ( ea* item1 & be sure t ! total is correct4 ,,disc\nt ,,9 ,,trade ,x is a bus9ess cu/om1 :5 a bill is paid be=e x is due1 to all[ a disc\nt4 ,?is may be ! legal rate ( int]e/1 or any p]c5tage agre$ on 9 advance4 ,sometimes :olesale m]*ants or manufactur]s grant e/eem$ cu/om]s1 9 consid]ation ( prompt paym5ts1 a disc\nt f ! regul> prices4 ,?is is kn[n z trade disc\nt4 ,we (t5 read ( two or m disc\nts4 ,a /ore keep] buys a bill ( goods = #cej & is grant$ #bj & #e f ! sell+ price4 ,?is does n mean a disc\nt ( #be z ! un9itiat$ might ?9k4 ,! #bj is d$uct$ f ! #cej1 t is1 #gj1 leav+ #bhj4 ,!n ! #e1 #ad1 is d$uct$ f ?is1 leav+ #bfj4 ,p>tial paym5ts are n endors$ on ! bill4 ,! receipt is writt5 on a sep>ate piece ( pap]4 ,x diff]s f ! usual receipt 9 t ! "o is 9 full paym5t & ! o!r on acc\nt4 ,receipt no bill be=e x is actually paid4 ,"s "o has translat$ ! lett]s ,c4 ,o4 ,d4 into ,come omejitly ,d[n4 ,! ,collect on ,deliv]y usually accompanies goods s5t by express4 ,,=ms ,,( ,,receipts ,a receipt = a p>tial paym5t3 ,leav5wor?1 ,kansas4 ,decemb] #g1 #aiaj4 #ge4jj ,receiv$ f ,*>les ,long sev5ty-five doll>s on acc\nt4 ,h5ry ,s4 ,som]s4 ,a receipt 9 full3 ,san ,diego1 ,cal4 ,july #bg1 #aiaj4 #bfj4ge ,receiv$ f ,n4 ,o4 ,taylor1 two hundr$ & sixty #ge-ajj doll>s1 9 full paym5t to date4 ,samuel ,g4 ,novris4 ,ano!r =m3 ,portl&1 ,me4 ,octob] #bj1 #aiaj4 #dj4jj ,receiv$ f ,?omas ,moore1 t5 cords ( h>dwood1 at #d4jj a cord1 ! sum to be appli$ to 8 acc\nt4 ,daniel ,=man4 ,9 paym5t ( r5t3 #ag4jj ,receiv$ f ,william ,=bes sev5te5 doll>s 9 full paym5t ( r5t ( premises ,no4 #bd ,we/ ,/reet1 = ! mon? end+ ,octob] #ca1 #aiaj4 ,philip ,f4 ,ross4 ,:]e "o p]son pays = ano!r3 ,wilm+ton1 ,del4 ,augu/ #ag1 #aiaj4 #hj4jj ,receiv$ f ,alfr$ ,?ompson eighty doll>s to apply to ! acc\nt ( ,hiram ,o4 ,wells4 ,bak] ,jones ,co41 p]1 ,s4 ,n4 ,?orp4 ,receipts & o!r docum5ts sign$ ) a m>k ,x %\ld be witness$4 ,paym5t on a note3 ,bridgeport1 ,conn4 ,july #a1 #aiaj4 #aej4jj ,receiv$ f ,casp] ,n4 ,"w "o hundr$ & fifty doll>s to apply on ! paym5t ( 8 note to me = six hundr$ doll>s1 dat$ ,m>* #h1 #aiaj4 ,rub5 ,hoyt4 ,! mak] ( ! note %\ld1 9 addition to gett+ 8 receipt1 h ! am\nt ( 8 paym5t endors$ on ! back ( ! note by ! hold]4 ,:]e a receipt is giv5 to ! adm9i/rator ( an e/ate 8 position %\ld be nam$ z ,rob]t ,fields1 adm9i/rator ( ! e/ate ( ,john ,jones1 deceas$4 ,,:at ,,is ,,an ,,ord]8 ,an ord] is a comm& or in/ruction by "o p]son to ano!r to d a /at$ ?+4 ,an ord] may be giv5 = ! deliv]y ( goods or ! paym5t ( ca%4 ,?is is ! usual =m3 ,dayton1 ,ohio4 ,augu/ #c1 #aiaj4 ,mr4 ,g4 ,w4 ,mc,bride3 ,please deliv] to ,edw>d ,lott goods f y\r /ore to ! am\nt ( t5 doll>s1 & *>ge to my acc\nt4 ,f4 ,t4 ,l]oy4 ,?is w\ld be an ord] = ca%3 ,hold51 ,ind4 ,june #ah1 #aiaj4 #cj4jj ,mr4 ,p4 ,t4 ,mayhew4 ,please pay to ,?omas ,jackson ?irty doll>s & *>ge same to my acc\nt4 ,f4 ,r4 ,wilson4 ,a ,,due ,,bill ,! cu/om>y =m ( a due bill is3 ,durham1 ,n4 ,c4 ,may #a1 #aiaj4 #aj4jj ,due ,george ,smi? t5 doll>s1 payable 9 m]*&ise f my /ore4 ,s4 ,t4 ,long4 ,,*apt] ,,vii ,,:o ,,%\ld ,,keep ,,acc\nts ,to h any value1 bus9ess acc\nts1 :e!r ( a great or a small conc]n1 mu/ be accurately kept4 ,e man & woman1 hav+ unsettl$ deal+s ) o!rs1 %\ld keep "s sort ( book acc\nts4 ,/orekeep]s mu/ keep acc\nts1 & e f>m] & me*anic1 :o w\ld "k j :at he owns & :at he has sp5t dur+ ! pa/ mon? & ye>1 %\ld keep an exact acc\nt ( e c5t receiv$ & paid out4 ,lawy]s & doctors "k h[ to keep acc\nts1 or if !y d n !y are neglect+ _! own side ( _! pr(essional duties4 ,work]s1 skill$ & unskill$1 & ev5 ! hir$ girl :o is paid by ! mon?1 %\ld keep a record ( ! comp5sation receiv$1 & h[ ! :ole or ! "p has be5 exp5d$4 ,no woman c be call$ a really good h\sekeep] :o does n "k to a p5ny :at has become ( ! money %e has receiv$ = ! upkeep ( h] e/abli%m5t1 :e!r %e h a score ( s]vants or does all h] own "w4 ,9 ord] to keep su* acc\nts1 z h j be5 indicat$1 x is n necess>y to be a tra9$ bookkeep]1 or to "k any?+ m ab\t ! art ?an a good common s*ool education gives4 ,ano!r ^w z to ! f>m]4 ,i am n ?9k+ 9 ?is connection ( ! old-"t1 deep-9-!-ruts f>m]1 :o nev] le>ns & kn[s no?+ to =get1 b ( t wide-awake produc] :o tries to keep up ) ! times4 ,n only %\ld ! f>m] keep ca% acc\nts1 ! =m may be q simple1 b all 8 bus9ess affairs %\ld be kept 9 ! be/ possible trim4 ,p]sonal agreem5ts )\t "s k9d ( writ+ to back !m up1 are dang]\s4 ,v]bal contracts fe$ ! lawy]s4 ,all transactions involv+ labor or money %\ld be record$ 9 black & :ite4 ,don't tru/ to y\r memory4 ,don't rely on ! memory ( ano!r4 ,,an ,,acc\nt ,,) ,,crops ,e f>m] %\ld keep an acc\nt ) ea* crop he raises & ev5 ) e field he cultivates4 ,aga9/ ! f>m %\ld be *>g$-- #a4 ,its annual r5tal value4 #b4 ,:at all ! labor w\ld co/ if hir$4 #c4 ,new ma*9]y4 #d4 ,we>1 te> & repair ( old ma*9]y4 #e4 ,taxes4 #f4 ,insurance4 #g4 ,doctor's bills4 #h4 ,int]e/ on mortgage if any4 #i4 ,! co/ ( fodd]1 fuel1 etc41 consum$4 ,! f>m %\ld be cr$it$ )-- #a4 ,! r5t4 #b4 ,! co/ ( ev]y?+ produc$ & consum$ on place4 #c4 ,! f>m products sold4 #d4 ,! /ock sold4 #e4 ,increas$ value ( /ock4 #f4 ,increas$ value ( prop]ty1 if any4 ,su* acc\nts y say w cause tr\ble2 well1 y _c d any?+ ( value )\t tr\ble4 ,! "q is w ! ef=t pay8 ,^? :o keep su* acc\nts say x does1 & !y are usually ! successful1 progressive f>m]s4 ,,work+-,,m5',s ,,acc\nts ,! work+ man1 skill$ or unskill$1 & ! work+ man's wife z well1 %\ld keep "s =m ( ca% book t w %[ f week to week ! receipts & exp5ditures4 ,"o c be ?rifty )\t be+ mis]ly4 ,:]e did ! money g8 ,look at y\r book1 :]e e c5t exp5d$ has be5 set d[n1 & y w be surpris$ to f9d h[ ! little sums total up4 ,look ov] ! li/ ( little ?+s b\ght & y w be surpris$ to see h[ _m 7 n ne$$4 ,"h is a simple =m = a home record3 ,ca% ,receiv$ #aiaj4 ,jan4 #b4 ,balance on h&444444444#de4ej #c4 ,"w = ,mr4 ,jones4444444 #a4ge #c4 ,smi? paid bill444444444 #ac4ge #i4 ,"w = ,mr4 ,br[n4444444 #g4ej ,ca% ,paid #aiaj4 ,jan4 #b4 ,two %irts444444444444444#a4ej #c4 ,to wife = h\se44444444 #h4ej #d4 ,doctor ,c's4 bill444444444 #f4jj #e4 ,f>e to ,troy4444444444444 #b4be #f4 ,horse c>4444444444444444 4#bj #f4 ,po/age444444444444444444 4#jf #g4 ,*ur* ,contribution444444 #a4jj #h4 ,%oes m5d$4444444444444 #j4fj #i4 ,newspap] bill44444444444 #a4jj ,nev] lump :at y receive or :at y sp5d4 ,set d[n ea* item sep>ately1 ev5 to "o c5t4 ,:5 y h fill$ out ea* page ( receiv$ & paid foot x up & c>ry x to ! next page set ap>t = ! purpose4 ,an acc\nt book w co/ b a few c5ts4 ,use ! left-h& side = receipts & ! "r = exp5ditures4 ,at any "t ! excess ( ! left h& ov] ! "r %\ld %[ ! am\nt on h&4 ,/rike a balance at lea/ once a mon?4 ,,o!r ,,records ,nev] mix up ano!r's acc\nts ) y\r own4 ,john ,smi?1 treasur] ( "s *ur*1 society1 or club1 is a diff]5t p]son be=e ! law f ,john ,smi?1 ! trad] or me*anic4 ,funds n y\r own1 & :i* may be add$ to or decreas$ f "t to "t1 z 9 ! case ( a society1 say l ! ,odd ,fell[s1 %\ld be kept 9 ! bank n z ,john ,smi?'s b z ! funds ( ,john ,smi?1 ,treasur] ( ,wa%+ton ,lodge #aaj1 ,indep5d5t ,ord] ( ,odd ,fell[s1 or :atev] ! "n ( ! society1 club1 or *ur* may be4 ,9 ! same way1 a treasur]'s book %\ld be kept & all ! receipts & exp5ditures c>efully record$4 ,,copies ,if a bus9ess proposition is made to ano!r by mail1 or if y h& ano!r 9 writ+ y\r proposition z to a c]ta9 contract y are will+ to und]take1 = ! consid]ation nam$1 be sure to keep a copy ( ! lett] or contract2 su* a precaution may save tr\ble4 ,,*apt] ,,viii ,,z ,,to ,,banks ,no in/rum5t ( trade has done s mu* or is m ess5tial to ! safe & progressive bus9ess ( ! _w today ?an ! bank4 ,e dep>tm5t ( bus9ess1 9 our mod]n civilization1 mu/ keep 9 t\* ) ! bank4 ,money is ! blood ( trade & ! bank+ sy/em is its he>t4 ,! bank is z necess>y to ! ?rifty f>m] z x is to ! greate/ railroad or ! mo/ wide-spread tru/4 ,banks are depositories = money n 9 circulation4 ,banks h facilities = ! safe-gu>d+ ( money :i* ! ord9>y bus9ess man c\ld n provide = himself4 ,in/ead ( runn+ ! risk ( pay+ bills ) money c>ri$ ab\t on 8 p]son1 ! bus9ess man1 & e man ) ready money %\ld foll[ 8 example1 deposits 8 money 9 a conv5i5t bank1 = :i* he receives a prop] v\*] 9 ! %ape ( a cr$it 9 a deposit book4 ,:5 he pays a bill1 he draws a *eck = ! am\nt1 payable to ! ord] ( 8 cr$itor4 ,?is *eck1 :5 endors$ by ! receiv] & paid by ! bank1 is 9 itself a receipt = ! money4 ,,national ,,banks ,z ,i propose to say some?+ ab\t sav+s banks 9 ano!r *apt]1 ! pres5t w be devot$ to :at are kn[n z banks ( deposit4 ,banks ( deposit are ei!r ,national1 ,/ate1 or private4 ,a ,national bank is1 z ! "n implies1 *>t]$ & incorporat$ by ! ,gov]nm5t1 ) special privileges & re/rictions4 ,! ,gov]nm5t 9 ! organiz+ ( ,national banks _h 9 m9d ! protection ( ! public )\t unduly limit+ ! pr(it ( ! /ockhold]s4 ,! sum ! /ockhold]s mu/ contribute to ! e/abli%m5t ( a ,national bank v>ies accord+ to ! population & ! bus9ess importance ( ! place 9 :i* ! bank is to be locat$4 ,! capital mu/ exi/ 9 a prescrib$ =m4 ,c]ta9 =ms ( inve/m5t are prohibit$1 z = in/ance ! own]%ip ( real e/ate1 except "u c]ta9 re/rictions4 ,?is is done t ! ,national bank may be able to conv]t its securities into ca% 9 ! %orte/ ord]4 ,9 consid]ation ( a prescrib$ am\nt ( ,unit$ ,/ates bonds1 deposit$ ) ! ,treasury 9 ,wa%+ton1 ! ,gov]nm5t issues to ! ,national bank a prescrib$ sum 9 pr9t$ bank notes ( v>y+ d5om9ations4 ,if ! bank %\ld close = any reason1 ! bank notes or _! equival5t mu/ be return$1 :5 ! bonds deposit$ z security are releas$4 ,e bank mu/ h a bo>d ( directors1 a presid5t & a ca%i]4 ,receiv+ & pay+ tell]s1 ) bookkeep]s1 & _m cl]ks are necess>y to c>ry on ! bus9ess ( a l>ge bank4 ,9 addition1 ! ,national banks are "u ! sup]vision ( regul>ly appo9t$ ,gov]nm5t inspectors4 ,a ,national bank may fail1 b its notes are /ill z good z gold4 ,,banks ,,z ,,l5d]s ,! bank n only receives money on deposit1 b x loans money "u c]ta9 conditions4 ,_m m]*ants1 build]s1 contractors & o!rs (t5 f9d x necess>y to borr[ money 9 ord] to c>ry on _! bus9ess successfully4 ,if a man's bus9ess reputation is good1 & ! banks keep well po/$ 9 su* matt]s1 he may secure a loan on 8 own note1 ?\gh ev5 9 su* cases ! "n ( a good endors] is requir$4 ,if 9 addition to 8 note ! borr[] c (f] security 9 ! way ( bonds ( good "*1 or o!r reliable collat]al1 he c usually be accommodat$4 ,( c\rse1 ! banks *>ge int]e/ = loans4 ,!y also make collections on notes & o!r comm]cial pap] & !y issue =eign & dome/ic bills ( ex*ange4 ,e man ) a sum l>ge or small 9 excess ( 8 exp5ditures1 %\ld op5 a bank acc\nt4 ,ev5 if n 9 bus9ess ?is w enc\rage ?rift & lead to good bus9ess habits4 ,,int]e/ ,,on ,,deposits ,"s banks1 p>ticul>ly ^? kn[n z /ate or private1 & ,national banks 9 small] communities1 all[ int]e/ on deposits4 ,?is int]e/ v>ies ) ! dem& = money1 b 9 ! ea/]n /ates x seldom goes ov] f\r p] c5t4 ,x is well to "k :5 int]e/ beg9s & ends4 ,if ! dates set by ! bank = reckon+ int]e/ are ! fir/ day ( ,janu>y1 ,april1 ,july & ,octob]1 money deposit$ ,m>* #ca/ w beg9 to draw int]e/ next day1 b if deposit$ ,april #bnd1 x w\ld n beg9 to draw int]e/ till ,july #a/4 ,b if y h ! money & w\ld insure its safety1 deposit x at once reg>dless ( "t or int]e/4 ,if a depositor )draws 8 money be=e ! day :5 int]e/ is due1 he =feits ! int]e/4 ,b banks v>y z to t4 ,,*eck ,,& ,,deposit ,,books ,e depositor is giv5 a book 9 :i* ! tell] or ca%i] cr$its him on ! left-h& side ) ! am\nt deposit$4 ,o!r deposits are treat$ 9 ! same way1 & at prop] times1 if int]e/ is all[$1 x is add$ z a deposit4 ,! depositor c provide 8 own *eck book1 & h x pr9t$ 9 any color he pleases1 ) ! "n ( himself & bus9ess on ! m>g94 ,! bank1 h[ev]1 w supply loose bank *ecks ( its own1 or x may provide !m 9 book =m1 ) /ubs1 or a space on :i* ! numb]1 am\nt & purpose ( ! *eck may be not$ = ! draw]'s in=mation4 ,writ+ up ( ! deposit book is leav+ x ) ! prop] (fic] at ! bank--a receipt = ! book is nev] tak54 ,x is return$ ) all ! *ecks receiv$1 & _! am\nt foot$ up on ! "r h& or debit page1 & ! balance on h& %[n4 ,e depositor %\ld "k f ! record on ! *eck /ubs exactly h[ 8 acc\nt /&s ) ! bank4 ,take c>e t y d n ov]draw4 ,keep y\r own record ( y\r own money4 ,,comm]cial ,,deposit ,,banks ,9 ! ,comm]cial banks ( our l>ge cities no int]e/ is all[$1 nor c\ld x be easily calculat$ :]e a score ( deposits may be made 9 a week & a hundr$ *ecks drawn 9 a day4 ,! depositor 9 su* a bank is free to *eck out 8 funds z he pleases4 ,be=e op5+ an acc\nt !re is m ?an money ne$$ f ! depositor4 ,if unkn[n1 he mu/ satisfy ! bank ( 8 "*1 :i* is be/ done ?r\gh ! introduction ( "o kn[n to bo?4 ,"s banks make a *>ge = deposits1 :]e a man makes a conv5i5ce ( !m by deposit+ money :i* he *ecks out 9 a %ort "t4 ,a depositor1 :5 op5+ an acc\nt ) a bank is requir$ to place 8 signature 9 a book kept = ! purpose4 ,until ! bank (fic]1 ! pay+ tell]1 becomes famili> ) ! signature on ! *eck1 he v]ifies x by comp>+ x ) t 9 ! book4 ,,h[ ,,to ,,prep>e ,a ,,*eck ,a *eck may be def9$ to be a writt5 ord] on a bank direct+ x to pay a c]ta9 sum ( money to ! p]son nam$ 9 ! *eck or to 8 ord]1 & sign$ by a depositor4 ,s long z ! purpose is cle>ly convey$ 9 ! writ+ no p>ticul> =m ( words is necess>y1 nor ne$ ! pap] on :i* ! *eck is writt5 be ! regul> pr9t$ =m prop]ly fill$ 94 ,! draw] is ! "o :o makes ! *eck4 ,! payee is ! "o = :om ! *eck is made4 ,9 mak+ a *eck1 ! be/ plan is to fill out ! /ub fir/1 & f ! data on x make out ! *eck4 ,?is t5ds to accuracy4 ,be sure to numb] y\r *eck1 beg9n+ ) ,i4 ,be sure t ! numb] on ! /ub is ! same z on ! *eck4 ,a p]son hav+ money 9 bank & wi%+ to draw = 8 own use1 makes 8 *eck payable to self or to ca%4 ,usual =m ( *eck3 ,fir/ ,national ,bank4 ,no4 #bg ,k+/on1 ,vt41 ,oct4 #ac1 #aiaj4 ,pay to ord] ( ,john ,smi? ,sev5ty-five #ge_/ajj ------ doll>s4 #ge4ge ,george ,f4 ,br[n4 ,x is prop] =m to specify on ! face ( ! *eck ! purpose = :i* x is giv51 b :ile ?is is p]missible x is n usual4 ,write ! am\nt ( ! *eck fir/ 9 words !n 9 figures4 ,?is makes m c]ta9 ! am\nt4 ,always beg9 fir/ ^w ( am\nt close to left-h& side ( *eck2 :5 ! :ole sum is writt5 d[n draw a heavy /roke along ! l9e to ! ^w doll>s4 ,:5 a *eck is made payable to ,john ,smi? or ord]1 ,john ,smi? mu/ sign 8 "n on ! back ( ! *eck--left-h& end & ab\t an in* f ! top4 ,nev] sign a *eck until y are ready to collect1 or to bank x4 ,! payee c endorse ! *eck to ano!r by writ+ on ! back z foll[s3 ,pay to ! ord] ( ,?omas ,br[n4 ,john ,smi?4 ,a *eck payable to be>] may be negotiat$ by any "o4 ,:5 su* *ecks are pres5t$ by a /rang]1 at ! bank ( ! mak]1 ! pay+ tell] always insi/s t ! /rang] be id5tifi$4 ,nev] make a *eck payable to be>] if x c be avoid$4 ,sometimes *ecks are dat$ ahead1 = reasons satisfactory to ! mak] & payee4 ,a *eck drawn on ,augu/ #e?1 b dat$ ,augu/ #bj? _c be collect$ till ! latt] date4 ,nev] date a *eck ahead unless y are positive t y w h ! money 9 bank to meet x on ! day nam$4 ,nev]1 if y c avoid x 9 trade1 receive a po/-dat$ *eck4 ,ca% or deposit y\r *ecks z soon z possible aft] !y are receiv$4 ,if ! bank %\ld fail1 :ile y are hold+ ! *eck1 ! mak] _c be held = ! loss4 ,,c]tificates ,,( ,,deposit ,(t5 :5 a depositor is travell+1 he f9ds x conv5i5t to c>ry ) him a =m ( pap] t is z good z ca%1 & mu* bett] 9 ! ev5t ( loss4 ,banks w issue c]tifi$ *ecks to depositors4 ,^! *ecks are /amp$ by ! bank c]tifi$ ) ! date & (fic]'s signature atta*$4 ,on issu+ su* a *eck1 ! bank debits ! receiv]'s acc\nt ) ! am\nt1 & s c gu>antee ! paym5t :5ev] or :]ev] pres5t$4 ,su* a *eck may be receiv$ ) z mu* c]ta9ty ( its value z if x 7 a bank bill4 ,:5 a p]son places money 9 a bank ) no int5tion ( *eck+ x out = "s "t to come1 he may h issu$ to him a ,c]tificate ( deposit4 ,:ile hold+ ?is c]tificate he _c *eck aga9/ ! money 9 ! bank4 ,! hold] ( a c]tificate ( deposit may transf] x4 ,! money may be paid 9 "p by ! bank1 if ! c]tificate is pres5t$1 & ! am\nt is endors$ on ! back4 ,to )draw all ! money ! c]tificate mu/ be surr5d]$4 ,,use ,,( ,,*ecks ,!re is no =m ( comm]cial pap] 9 su* g5]al use z ! *eck4 ,! total ( all ! *ecks 9 use at "s seasons is f> m ?an ! total ( all ! money 9 all ! banks4 ,*ecks are balanc$ 9 ! money c5t]s ?r\gh :at are kn[n z cle>+ h\ses4 ,9 ^! a bank is *>g$ ) *ecks aga9/ x & cr$it$ ) ^? 9 its favor4 ,! diff]5ces are settl$ by ca%4 ,(t5 a few ?\s& doll>s w settle *eck acc\nts am\nt+ to millions4 ,if by any *ance y %\ld receive a *eck 9 :i* y\r "n is misspell$1 or n giv5 z y write x1 endorse ! *eck exactly z ! "n is writt5 on ! face1 !n add y\r "n 9 ! regul> way4 ,,*apt] ,,ix ,,sav+s ,,banks ,:ile ( ,national importance1 sav+s banks are *>t]$ by ! respective /ates 9 :i* !y exi/1 & z su* are di/9ctly local in/itutions4 ,unlike ! ,national1 ! sav+s bank is n e/abli%$ z a money-mak+ corporation4 ,! o/5sible & actual purpose ( ! sav+s bank is to enc\rage p ( small means to save4 ,! sav+s bank provides a safe place = ! c>e ( su* deposits1 & x pays su* rates ( int]e/ on su* deposits z are w>rant$ by ! e>n+s ( its inve/m5ts aft] pay+ ! exp5ses incid5t to ! prop] conduct ( its (fic]s4 ,:5 a sav+s bank receives au?orization to act1 ?r\gh a *>t] f ! /ate1 ! organiz]s *oose a bo>d ( directors & ! prop] (fic]s4 ,usually ! (fic]s occupy+ positions ( tru/ & responsibility are requir$ to give bonds = ! prop] dis*>ge ( _! duties4 ,,h[ ,,bus9ess ,,is ,,conduct$ ,) all ! legal conditions compli$ )1 & a suitable (fice provid$1 ! sav+s bank is ready = bus9ess4 ,"s sav+s banks w receive on deposit any sum f five c5ts to five ?\s& doll>s4 ,o!r banks w n receive less ?an "o doll> at a "t1 nor m ?an a ?\s&4 ,we h he>d ( p5ny sav+s banks1 b !y are r>ely *>t]$1 & are organiz$1 only to enc\rage ?rift among *ildr54 ,fractional p>ts ( a doll> are n usually reckon$ z draw+ int]e/4 ,"s banks require z mu* z ?ree1 f\r or five doll>s be=e all[+ int]e/4 ,sav+s banks 9 ! ea/]n /ates pay f ?ree to f\r p] c5t4 ,9 ! we/ x is sometimes z high z six4 ,ea* bank has c]ta9 dates at :i* calculation ( int]e/ beg9s4 ,z a rule ?is is ,janu>y #a/1 ,april #a/1 ,july #a/1 & ,octob] #a/4 ,money deposit$ at any "t betwe5 ^! dates does n draw int]e/ till ! beg9n+ ( ! next qu>t]4 ,b nev] m9d ! int]e/4 ,! be/ "t to make a deposit is :5 y h ! money4 ,! bank is saf] ?an y\r pocket4 ,,h[ ,,to ,,deposit ,c\nt y\r money c>efully & make a memor&um ( ! am\nt be=e giv+ to ! sav+s bank to deposit4 ,h& ! money to ! (fic]--usually ! receiv+ tell]-- au?oriz$ to receive x4 ,! tell] writes d[n ! "n1 age1 occupation & resid5ce ( ! depositor4 ,if money is deposit$ 9 ! "n ( "o "u legal age1 ! names ( ! p>5ts & ! bir?place ( ! m9or are also record$4 ,! adult depositor mu/ write 8 "n 9 a book provid$ by ! bank = ! signature ( cli5ts4 ,:5 ^! conditions are compli$ )1 ! depositor receives a memor&um book1 kn[n z a deposit book1 9 :i*1 ) 8 "n & date1 is writt5 ! am\nt ( 8 fir/ deposit4 ,! deposit book mu/ be c>efully gu>d$1 = )\t its pres5tation at ! sav+s bank money _c be drawn4 ,y _c *eck aga9/ y\r sav+s bank acc\nt1 z ) a comm]cial bank4 ,,h[ ,,! ,,acc\nt ,,gr[s ,aft] ! fir/ acc\nt is op5$ ! re/ is easy4 ,on ! second1 z on all subsequ5t visits1 ! deposit book1 ) ! am\nt to be ent]$1 is h&$ to ! receiv+ tell]4 ,he c\nts ! money1 makes a record ( x = 8 own use1 ent]s x on y\r book z a deposit1 & h&s ! book back4 ,t is all4 ,:5ev] int]e/ is due x is writt5 d[n 9 ! book z if x 7 a ca% deposit4 ,! int]e/1 if desir$1 w be paid 9 ca%1 b if all[$ to rema91 x beg9s at once to e>n int]e/ = itself4 ,int]e/ gr[s l a roll+ sn[ ball4 ,on su* small beg9n+s great =tunes h be5 built4 ,sav+s banks keep a res]ve1 made up ( e>n+s 9 excess ( int]e/ & all exp5ses4 ,?is res]ve e>ns money4 ,! money s e>n$ is reckon$ z a net pr(it1 & x may be di/ribut$1 & usually is1 among its depositors z a divid5d4 ,,! ,,limit ,,( ,,deposit ,diff]5t banks h diff]5t limits ( deposit1 t is fix$ sums beyond :i* !y w n receive4 ,! limit is f "o ?\s& to five ?\s& doll>s4 ,:5 ! =tunate depositor has rea*$ ! limit ) "o sav+s bank1 !re is no law to prev5t 8 op5+ ano!r acc\nt ) ano!r1 or ) any numb] ( simil> banks4 ,rememb] ! sav+s banks are n meant = capitali/s1 b = small depositors4 ,aft] deposits & int]e/s h rea*$ a total ( #a1fjj1 ! int]e/ w n g on e>n+ int]e/1 b w be reg>d$ simply z a deposit4 ,?is is 9 compliance ) law4 ,depositors1 po/$ z to ! law1 op5 ano!r acc\nt ) ano!r bank1 & keep on till ! int]e/ limit is rea*$4 ,,h[ ,,to ,,draw ,,money ,a sav+s bank depositor may ei!r draw money himself or ?r\gh "s prop]ly au?oriz$ p]son4 ,?is is ! me?od3 ,! deposit book is pres5t$ to ! pay+ tell]4 ,! own] /ates ! sum he wants to draw4 ,hav+ assur$ himself t ! be>] ( ! book is ! "r p]son1 ! tell] takes a receipt 9 a book kept = ! purpose1 = ! am\nt1 ent]s ! same on ! "r h& or debit side ( ! book1 & h&s out ! money4 ,!re is a =m ( au?orization = ano!r to draw1 pr9t$ on ! deposit book4 ,?is mu/ be copi$ & its directions compli$ )4 ,mo/ banks w n all[ depositors to draw out less ?an a fix$ sum1 say #e4jj4 ,?is saves tr\ble1 & prev5ts ?\ghtless depositors f go+ to ! bank e "t !y want a doll>4 ,be=e a depositor c draw a l>ge sum f a sav+s bank he may be compell$1 "u ! law1 to give f "o week to six weeks' notice ( 8 int5tion4 ,?is provision may n prev5t a run on ! bank1 b x gives ! manag]s "t to provide = x4 ,read ! rules 9 ! deposit book4 ,,h[ ,,sav+s ,,banks ,,e>n ,h[ c a bank t does n disc\nt notes or deal 9 loans & comm]cial pap] e>n money8 ,h[ c x pay int]e/8 ,:ile !y may be individually small1 ! aggregate ( all ! deposits 9 a sav+s bank may1 & (t5 d1 am\nt to _m millions4 ,?is money is n all[$ to lie idle4 ,"u ! skill$ direction ( ! bank (fic]s1 ! money1 in/ead ( ly+ idle 9 ! vaults1 is inve/$ 9 _m ways1 b always 9 accordance ) ! laws ( ! /ate "u :i* ! bank is *>t]$4 ,mu* ( ! money is inve/$ 9 mortgages on real e/ate1 nev] on p]sonal prop]ty4 ,national bank /ocks1 s\nd railroad bonds1 & o!r =ms ( reliable int]e/ security are fields = ! inve/m5t ( sav+s bank funds4 ,sav+s banks are subject to ! p]iodic inspection ( /ate (fic]s appo9t$ = ! purpose4 ,! failure ( a sav+s bank ?r\gh bad inve/m5ts or ! di%one/y ( (ficials is v r>e4 ,avoid all banks t promise m ?an ! regul> rate ( int]e/4 ,private banks may be1 & usually are1 hone/ly conduct$1 b to be safe1 deposit only ) a bank t is regul>ly *>t]$ & is subject to ! inspection ( ! law4 ,! sav+s bank is ! be/ = ! wage e>n]4 ,,*apt] ,x ,,notes--,,drafts ,! promissory note is a mo/ useful k9d ( comm]cial pap]1 & x is 9 g5]al use 9 bus9ess4 ,if a man has n suffici5t ready ca% to pay = ! real e/ate he is ab\t to pur*ase1 he makes up ! diff]5ce by a note1 :i* note is secur$ by a mortgage on ! prop]ty4 ,rememb] ! mortgage mu/ always be reg>d$ z security4 ,! note repres5ts ! debt4 ,(t5 :olesal]s take a note z "p or ev5 full paym5t = a bill ( goods to a retail]4 ,if ! :olesal] ne$s money1 he endorses ^! notes & putt+ !m 9 8 bank draws aga9/ !m1 less ! disc\nt he has to pay = ! accommodation4 ,z has be5 %[n1 an acc\nt may be transf]r$ & sold1 b a note is m conv5i5t = t purpose4 ,,an ,,illu/ration ,z ) a *eck ! mak] ( a note is kn[n z a draw]1 ! p]son 9 ^: favor x is drawn is ! payee4 ,notes may be writt5 9 p5cil1 b x is bett] & saf] to write ) ink on good pap]4 ,suppos+ y buy a team ( horses1 or x may be a bill ( goods1 f ,john ,br[n1 = #cej4 ,n[ y h only #ajj 9 ca%4 ,:at are y to d8 ,mr4 ,br[n1 kn[+ y to be reliable1 says3 ,t's all "r1 fri5d ,jones4 ,y pay me ! #ajj ca% = :i* ,i w give y a receipt1 !n ,i w take y\r note = six mon?s1 payable at my bank4 ,y agree to ?is2 pay out ! money1 make & deliv] ! note & take ! prop]ty 9 "q1 :i* is n[ y\rs z mu* z x _h be5 8 be=e ! transf]4 ,! foll[+ w\ld be a legal =m 9 :i* to make ! note3 #bej4 ,summit1 ,n4 ,j4 ,octob] #aj1 #aiaj4 ,six mon?s aft] date ,i promise to pay to ! ord] ( ,john ,br[n44444444444444 ,two hundr$ & fifty 444444 doll>s14444 ,at ! ,l9coln ,national ,bank ( ,summit 4444444444 ,value receiv$4 ,george ,jones4 ,no4 #a4 ,due ,april #ad1 #aiaa4 ,n[1 if be=e ! expiration ( ?is note1 y want to make a paym5t on x (1 say1 #ge1 y take ! money to ,mr4 ,br[n1 :o endorses on ! back ( ! note1 ,receiv$ on ! )9 note #ge1 ,janu>y #crd41 if t be ! date1 & signs1 ,john ,br[n4 ,x may be well to rememb] t :ile a runn+ acc\nt may be collect$ at any "t1 ! law _c prev5t ! mak] ( a promissory note f sell+ all 8 belong+s & leav+ ! c\ntry be=e ! note is due4 ,,days ,,( ,,grace ,notes may be "t notes1 t is :]e !re is a specifi$ "t = paym5t1 or dem& notes4 ,! latt] are collectable on pres5tation4 ,) ! "t notes ?ree days grace are all[$ aft] ! expiration ( ! date = paym5t4 ,no su* favor is all[$ 9 ! case ( dem& notes4 ,^! grace days d n seem bus9esslike4 ,:y n add !m to ! date 9 ! note8 ,well1 x is a cu/om1 q z old z ! great] "p ( our laws1 & s x mu/ be obs]v$4 ,"u ! law a note is payable at ! home or bus9ess place ( ! draw]1 unless o!rwise specifi$4 ,,indors+ ,,notes ,a note secur$ by a mortgage has its paym5t gu>ante$4 ,! usual way ( secur+ ! paym5t ( a note giv5 9 bus9ess is to h x endors$ ) a good "n across ! back1 z 9 endors+ a *eck4 ,by writ+ y\r "n across ! back ( ano!r man's note y ann\nce to all ! hold]s ( t note t y "k ! mak] & t if he does n pay x y w4 ,9 mo/ /ates ! indors] ( a note _c be held responsible = paym5t1 unless ! hold] notifies him1 )9 tw5ty-f\r h\rs aft] ! note comes due1 t ! mak] _c or w n pay4 ,if an indors$ note *anges h&s1 ea* indors] is responsible to all endors]s :o foll[ him & also to ! la/ hold] ( ! note4 ,if an indors]1 t is1 "o into ^: h&s ! note has come aft] ! fir/ endorsem5t1 %\ld n wi% to gu>antee paym5t1 he writes be=e 8 "n1 ,)\t rec\rse to me4 ,?is is kn[n z a qualifi$ endorsem5t4 ,a ,,negotiable ,,note ,mo/ notes are negotiable2 t is because !y may be sold1 l any o!r p]sonal prop]ty1 or ! own]%ip may be transf]r$ f "o p]son to ano!r4 ,no note is negotiable t does n be> on its face1 ! words1 ,pay to be>]1 or ,pay to ! ord] (1 foll[$ by ! payee's "n4 ,,jo9t ,,notes ,:5 two p]sons sign a note !y become jo9tly & individually responsible = its paym5t4 ,su* p]sons are kn[n z jo9t mak]s4 ,if "o signs 8 "n on ! back ( a note be=e x has be5 h&$ to ! payee1 he makes himself n only an endors]1 b a jo9t mak]4 ,if ! mak] ( su* a note refuses to pay on ! expiration ( "t /at$1 he is liable = ! am\nt )\t any notification4 ,,disc\nt+ ,,notes ,if a bus9ess man borr[s f a bank on 8 note1 he mu/ pay = ! privilege4 ,int]e/ is a sum paid = ! use ( money4 ,int]e/ is reckon$ z a c]ta9 p]c5tage ye>ly on ! pr9cipal4 ,int]e/ on int]e/ is call$ comp\nd int]e/ & is unus$ 9 ord9>y bus9ess transactions4 ,in/ead ( collect+ int]e/ :5 ! am\nt borr[$ on a note is due1 or d$uct+ x f ! pr9cipal 9 advance1 x disc\nts ! note at ! rate agre$ on & pays ! re/4 ,?is is call$ bank disc\nt & its rate is v>iable1 dep5d+ on ! abundance or sc>city ( money4 ,money is a m>ketable article1 & ! price1 l t ( :eat or cotton1 is gov]n$ by supply & dem&4 ,,int]e/ ,,on ,,notes ,a note may be made payable ) int]e/1 or n1 z ! p>ties conc]n$ may agree4 ,if no?+ is said ab\t int]e/ 9 ! note1 no int]e/ c be collect$4 ,aga9 a note may g into details & specify t ! int]e/ %all be t5 p] c5t1 payable semi-annually1 provid$ always t ! rate %all n be high] ?an ! legal int]e/ ( ! /ate4 ,excessive int]e/ is kn[n z usury4 ,x invalidates all ! int]e/1 & 9 "s places ! pr9cipal is =feit$4 ,:5 ! hold] ( an int]e/ note receives int]e/ paym5t he mu/ record ! date & sum on ! back ( ! note4 ,,prote/s ,if a note comes due on ,sunday or on a legal holiday1 paym5t mu/ be made on ! foll[+ day4 ,holidays are appo9t$ by ! sep>ate /ates4 ,! ,unit$ ,/ates recognizes no day z a holiday1 except ,sunday1 & t is ackn[l$g$ ?r\gh cu/om4 ,x is cu/om>y = banks to notify mak]s ( notes held by !m a few days be=e "t set = paym5t2 b ?is is n requir$ by law4 ,if a note lies unpaid 9 bank ! day set = paym5t1 z soon z ! (fice closes = regul> bus9ess ! note is prote/$4 ,! prote/ is made be=e a not>y public2 he is usually an employee ( ! bank4 ,9 ! prote/ =mal objection is made aga9/ ! break+ ( ! promise1 & dem&+ t ! matt] be set "r by ! mak]1 or on 8 failure1 by ! indors]4 ,! indors]1 :o has to pay1 has a claim = ! am\nt on ! mak] ( ! note1 z he w\ld h = money loan$ or goods sold1 & he c sue to collect4 ,a note t is n paid )9 a fix$ "t is said to be outlaw$4 ,rememb] ! indors] ( a note mu/ be notifi$ )9 tw5ty- f\r h\rs ( ! failure ( ! draw] to make good4 ,,notices ,! object 9 prote/+ a note is to fix ! liability on ! endors]4 ,if !re be m ?an "o endors] notice ( prote/ mu/ be s5t to all at ! same "t4 ,x is bett]1 :]e possible1 to s]ve ! notices on ! indors]s 9 p]son4 ,! payee mu/ also be notifi$4 ,,accommodations ,!re is a =m ( note sometimes us$ 9 bus9ess :i* is giv5 )\t any consid]ation on ! "p ( ! mak]4 ,?is is kn[n z an accommodation note4 ,! mak] ( su* a note does n expect to pay x1 nor does ! man 9 ^: favor x is drawn expect to d s4 ,an accommodation note is an in/rum5t by ! sale ( :i*1 or ?r\gh a bank1 money may be rais$ = imm$iate use4 ,! mak] 9 ?is case is a fri5d :o loans 8 "n4 ,z !re 0 no value receiv$ su* a note c\ld n be collect$ by ! payee4 ,b if x passes into ! h&s ( a ?ird p>ty1 :o endorses x1 !n ! mak] ( ! note c be compell$ to pay4 ,a ,,lo/ ,,note ,a note may be lo/ or /ol54 ,! los+ ( a note does n release ! mak] f paym5t ( ! full am\nt on ! date & at ! place nam$4 ,! los] %\ld at once notify ! mak] ( 8 loss4 ,a man :o buys1 be=e its maturity1 a lo/ or /ol5 note1 may collect ! full am\nt f ! mak]1 provid$ ! note is payable to be>] & no notice ( ! loss has be5 publi%$4 ,:5 ! mak] ( a lo/ note pays ! am\nt to ! orig9al own]1 he %\ld receive f him :at is kn[n z a bond ( indemnity4 ,?is bond is to secure him aga9/ pay+ a second "t4 ,,notes ,,ab\t ,,notes ,!re are "s ?+s wor? rememb]+ ab\t promissory notes4 #a4 ,nev] give "o if y c pay ca%4 #b4 ,a note made on ,sunday is wor?less 9 "s /ates4 #c4 ,a note giv5 "u compulsion is wor?less4 #d4 ,notes made by a drunk5 p]son1 or obta9$ by any =m ( fraud _c be collect$ "u law4 #e4 ,notes be> int]e/ only :5 s /at$ 9 body ( note4 #f4 ,! hold] ( a note has a legal claim aga9/ e indors]4 #g4 ,ea* indors] is responsible to e indors] :o foll[s him4 #h4 ,notes are valid )\t ref]5ce to ! k9d ( pap]1 or :e!r !y are writt5 ) p5 or p5cil4 #i4 ,los+ a note does n release ! mak] f paym5t4 #aj4 ,if no "t is set 9 a note = paym5t1 x becomes due z soon z x is made4 #aa4 ,:]e a note is made 9 "o /ate & is payable 9 ano!r1 x is gov]n$ by ! laws ( ! /ate 9 :i* x is to be paid4 #ab4 ,notes payable on dem& draw no int]e/ until aft] !y h be5 pres5t$ = paym5t4 #ac4 ,if a note reads ) int]e/ & no rate is specifi$ !n x draws ! legal int]e/ 9 ! /ate 9 :i* x 0 made4 #ad4 ,dem& notes are n entitl$ to days ( grace4 #ae4 ,if no place ( paym5t is nam$ 9 a note1 x %\ld be pres5t$ to ! mak] p]sonally 9 bus9ess h\rs4 #af4 ,! misspell+ ( a ^w or words 9 no way invalidates a note4 #ag4 ,if a p]son :o _c write makes a note 8 m>k %\ld be prop]ly witness$4 #ah4 ,! mak]s ( a jo9t note mu/ be su$ jo9tly4 #ai4 ,if ! words & ! figures 9 a note disagree1 ! words take prec$5ce4 #bj4 ,a note sign$ by a firm may be collect$ f ei!r ( ! p>tn]s4 #ba4 ,:5 a paym5t is made on a note secur$ by a mortgage1 ! am\nt is endors$ on ! note1 nev] on ! mortgage4 #bb4 ,a note giv5 by a m9or is void1 unless giv5 = actual necessities1 l food & clo?+4 #bc4 ,if a note made by a m9or is ackn[l$g$ :5 he comes ( age x is b9d+ & collectible4 ,,*apt] ,,xi ,a ,,draft ,a draft is a writt5 ord] f ! fir/ p>ty to ! second p>ty to pay to ! ?ird p>ty a c]ta9 sum ( money at a c]ta9 "t4 ,! fir/ p>ty is call$ ! draw]4 ,! second p>ty is ! drawee4 ,! ?ird p>ty is ! payee4 ,!re are two k9ds ( draft4 ,! fir/ is usually :]e ! ca%i] ( "o bank1 ?r\gh 8 own *eck1 draws on ano!r bank = ! ca% diff]5ce 9 _! acc\nts ) ea* o!r4 ,! second =m ( draft is ! mo/ usual & is ! "o we %all "h consid]4 ,! ca%i]'s draft is always = ca% & ! dem& is always honor$4 ,! ord9>y bus9ess draft may be = ca% or = goods4 ,! bus9ess draft is usually honor$1 b !re are circum/ances "u :i* x may be ignor$4 ,,to ,,make ,a ,,draft ,b let u suppose t ! draft is all "r & t a m]*ant1 let u call him ,h5ry ,?omas1 & suppose him a resid5t ( ,philadelphia1 has a bill aga9/ ,james ,taylor1 ( ,clevel&1 & he wants to collect x1 )\t rec\rse to law4 ,h[ w he g ab\t x8 ,! bill is = #ajj4 ,mr4 ,?omas writes ?is draft3 ,philadelphia1 ,pa41 ,sept4 #e1 #aiaj4 ,at sight pay to ! ord] ( ,johnson ,national ,bank ( ,philadelphia ,"o hundr$4444444444444444444 doll>s4 ,) ex*ange & *>ge same to ,h5ry ,?omas4 ,to ,james ,taylor1 ,clevel&1 ,ohio4 ,hav+ drawn 8 draft1 ,mr4 ,?omas takes x to ! ,johnson ,national ,bank = collection4 ,! collection is actually made by "s bank 9 ,clevel& to :i* ! ,johnson has endors$ x ov]4 ,if ,mr4 ,?omas wi%$ he might h s5t 8 draft direct to ! ,clevel& bank1 b he no d\bt ?\ght x bett] to transact su* matt]s ?r\gh 8 own bank4 ,or if ,mr4 ,?omas liv$ :]e he 0 n 9 t\* ) a bank1 he might h drawn ?r\gh any p]son :om he knew 9 ,clevel&4 ,on receiv+ ! draft = collection1 ! ,clevel& bank w\ld at once give x to a cl]k :o w\ld )\t delay pres5t x to ,mr4 ,taylor4 ,mr4 ,taylor1 hav+ writt5 8 acceptance ( ! draft1 is giv5 ?ree days grace 9 :i* to make paym5t4 ,9 /ates :]e days ( grace are n all[$1 he w\ld h to pay at once4 ,mr4 ,taylor writes ! ^w accept$1 ) ! date & 8 "n across ! face ( ! draft1 & if he does n pay ca%1 he /ates 9 ! writ+ :]e paym5t w be made4 ,( c\rse1 ,mr4 ,taylor _c be compell$ to accept a draft4 ,!re may be good & hone/ reasons = 8 n do+ s1 b hav+ accept$ x1 9 bus9ess honor he is b\nd to pay x4 ,! t]m ,sight draft expla9s itself1 b ! ord] to pay a draft may indicate1 & (t5 does1 ! numb] ( days all[$ = paym5t1 aft] pres5tation4 ,,= ,,collection ,:at %\ld be done by ! man to :om a bill or a note is due1 :5 ! debtor lives 9 a place :]e !re is no bank8 ,9 t case he mu/ le>n 9 "s way ! "n ( a promis+ p]son to make ! collection = him4 ,9 ?is case he makes out ! draft z be=e1 & adds ! words = collection4 ,?is acts z a b> to any transf] ( ! pap]4 ,mo/ banks refuse to h&le a draft m>k$ = collection4 ,,di%onor ,drafts are n necess>ily duns4 ,"s c\ntry m]*ants pref] to pay _! bills to :olesal]s 9 t way1 s t collect+ drafts is no small "p ( ! bus9ess ( ! ord9>y bank4 ,:ile m5 are n compell$ to meet drafts :5 pres5t$1 if ! am\nt is due & he defaults or refuses to pay he injures 8 own cr$it4 ,9 refus+ a j draft he is said to di%onor x4 ,s sure are :olesal]s t _! drafts w be met by _! di/ant debtors t !y d n hesitate to draw aga9/ !m :5 deposit$ = collection1 reg>d+ !m z ca% to _! cr$it 9 bank4 ,,prote/s ,:5 a draft is n accept$ or paid :5 due1 if x be a "t draft1 x is prote/$ 9 ! same way z a note4 ,! prote/ ( a draft s]ves z a notice to ! draw] ( its non-acceptance4 ,l notes & *ecks1 drafts may be transf]r$ by a simil> endorsem5t4 ,,buy+ ,,drafts ,if ,i want$ to pay a bill = #aej to ,alb]t ,holt1 liv+ at ,wallace1 ,kansas1 & did n wi% to tr\ble him ) a *eck1 h[ w\ld ,i g ab\t x8 #a4 ,i might express ! ca%1 :i* w\ld be exp5sive4 #b4 ,i might s5d x 9 po/al ord]1 n always c]ta94 #c4 ,i might s5d x by a tru/$ h&1 b might h long to wait be=e ,i f\nd a fri5d go+ out to ,wallace4 ,i am liv+ 9 ,new ,york ,city1 & am famili> en\gh ) bank+ to "k t ,new ,york is a great f9ancial c5t] & is 9 con/ant communication ) ne>ly all ! outside banks4 ,! outside banks keep money 9 deposit "h1 & ! ,new ,york banks1 p>ticul>ly 9 ! spr+ & autumn1 keep deposits ) _! correspond5ts4 ,) my #aej & a small extra sum to pay my bank = draw+ ! draft1 ,i g ?i!r & buy a draft = ! sum ,i owe ,mr4 ,holt4 ,i mail ?is draft to my cr$itor & he c ca% x )\t loss 9 8 home bank4 ,"h is ! =m3 ,no4 #aja4 ,madison ,national ,bank ( ,new ,york4 ,pay to ! ord] ( ,alb]t ,holt1 ,"o hundr$ & fifty doll>s 7#aej47444 4444444444 ,l4 ,n4 ,jones1 ,ca%i]4 ,to ,prairie ,national ,bank1 ,wallace1 ,kansas4 ,a ,,good ,,plan ,:5 y buy a draft :i* y mean to s5d (f 9 paym5t ( a debt1 a good plan is to h x made payable to y\rself4 ,let u suppose x is ! case ( ,alb]t ,holt4 ,y transf] ! draft to him by writ+ across ! back1 ,pay to ! ord] ( ,alb]t ,holt1 & add y\r signature4 ,n[ z all drafts are return$1 z paym5t v\*]s1 to ! banks f :i* !y 7 issu$1 & z ,mr4 ,holt mu/ h sign$ ! draft to get 8 money1 x foll[s t !re is a record ( 8 hav+ receiv$ x1 & ?is has all ! =ce ( a receipt4 ,d n endorse a draft ) j y\r "n1 = 9 t case1 anyone into ^: h&s x falls may collect4 ,fir/ write ,pay to ! ord] ( ! p]son = :om x is int5d$4 ,,good ,,z ,,ca% ,a draft made payable to y\rself is z good z ca%1 & f> saf] to c>ry4 ,if y are id5tifi$ at any bank betwe5 ! ,atlantic & ,pacific1 y c h y\r draft ca%$4 ,all banks furni% blank drafts4 ,nev] endorse a draft made payable to y\rself1 & ?is applies to a *eck1 until y are ab\t to use x4 ,x is a good plan nev] to sign y\r "n until x is actually necess>y4 ,"s p h ! fooli% habit ( sign+ _! names on /ray bits ( pap]4 ,d n get into ?is habit1 ev5 if !re is no space to fill out a note or ord] above ! signature4 ,,*apt] ,,xii ,,j ,,money ,z has be5 be=e /at$1 money 9 its broade/ mean+ is a m$ium ( ex*ange4 ,any?+ t c pay a debt or pur*ase prop]ty1 9 any "p ( a c\ntry1 is ! money ( t c\ntry4 ,e civiliz$ c\ntry has its own m9t$ or pr9t$ money4 ,! usual m$iums ( circulation are gold1 silv]1 nickel & copp]1 ! latt] alloy$ m or less 9 ! ,unit$ ,/ates ) nickel4 ,gov]nm5t & bank bills1 :ile hav+ all ! pur*as+ p[] ( gold1 are simply promises to pay 9 gold1 or o!r co9 ( r$emption1 ! am\nts !y repres5t4 ,! money ( "o c\ntry _c legally be made to pay a debt 9 ano!r c\ntry1 unless bo? p>ties to ! paym5t agree to x4 ,:5 gold is ex*ang$ to settle ! balances ( trade betwe5 two c\ntries1 x is n reckon$1 if co9$1 at its face value1 b at its bullion value4 ,! ^w pecunia meant 9 anci5t ,greece & ,rome a flock or h]d4 ,9 ^? days live /ock 7 us$ z a m$ium ( ex*ange1 or money4 ,we keep ! ^w & (t5 use x z 9 pecuni>y affairs1 & :5 we call a moneyless man1 impecuni\s4 ,,unit$ ,,/ates ,,money ,! ,unit$ ,/ates ,gov]nm5t res]ves to itself ! "r "u ! con/itution1 to co9 & issue ! money to be us$ by its own p4 ,=m]ly we _h two /&>ds ( value1 gold & silv]1 or bimetalism4 ,if gold & silv] 7 produc$ 9 relatively equal quantities1 ! _w w\ld g on trad+ ) money ( bo? k9ds1 b ! proportions are n ! same4 ,among ! ,aztecs & ,p]uvians silv] rank$ ) gold z two to "o1 t is1 two p\nds ( silv] w\ld pur*ase z mu* z "o p\nd ( gold4 ,b :5 great silv] m9es 7 discov]$ & new me?ods 7 discov]$ = extract+ ! metal1 x became m & m abundant1 till x depreciat$ f> bel[ ! =m] value x _h 9 its relation to gold4 ,mo/ ( ! comm]cial nations decid$ to h b "o /&>d ( value1 & t gold1 long be=e ! ,unit$ ,/ates fell into l9e4 ,our money measure is kn[n z ! decimal1 or metric4 ,x w\ld be conv5i5t1 if we c\ld foll[ ! example ( ne>ly all ! o!r comm]cial nations1 & use ! metric sy/em = all our weights & measures4 ,,our ,,metal ,,money ,9 ! ,unit$ ,/ates ,treasury at ,wa%+ton1 !re are _m million doll>s 9 silv] co9s & bullion4 ,! gold /&>d has n driv5 silv] out ( circulation1 = x is /ill f\nd conv5i5t to use x 9 settl+ imm$iately our small] bus9ess transactions4 ,:5 ! silv] doll> 0 fir/ co9$1 & inde$ up to ! pres5t date1 ! int5tion 0 t x %\ld conta9 ab\t a doll>'s wor? ( silv]1 or #cgd #a_/d ,troy gra9s ( ! pure metal4 ,?is am\nt ( silv] 0 suppos$ to repres5t p]man5tly #bd #c_/d gra9s ( pure gold1 & x did s repres5t its value at "o "t1 & w\ld h cont9u$ to d s1 _h ! relative output ( bo? metals be5 ! same4 ,our *ief m9t is 9 ,philadelphia1 :]e is co9$ all ! copp]1 nickel1 silv]1 & gold money 9 use4 ,to imitate ^! metals1 ev5 :]e ! full value is giv51 con/itutes ! crim9al (f5ce call$ c\nt]feit+4 ,9 =m] times1 "s ( our old] read]s w rememb] !m1 ! ,gov]nm5t meant to h ! metal 9 ea* co9 ( ab\t its un/amp$ value 9 ! m>ket4 ,9 ^? days ! c5t 0 z l>ge z our pres5t silv] half doll>1 & ! copp] two-c5t piece 0 a mon/] 9 ! way ( co9age4 ,n[ our copp] & nickel co9s are small & c be c>ri$ )\t te/+ /r5g? ( pockets4 ,!y are reg>d$ z money tok5s4 ,silv] co9s t are pun*$ c be refus$ 9 ! settlem5t ( a debt4 ,pun*$ gold co9s %\ld always be refus$1 = !y are nev] ( _! face value4 ,silv] co9s may be us$ 9 ! settlem5t ( bills up to #e4jj4 ,gold co9s are1 ( c\rse1 legal t5d] up to any am\nt4 ,,pap] ,,money ,we usually class all pap] money z bills4 ,!re are ?ree classes ( bills1 all q diff]5t 9 _! inception & mean+4 ,^! are-- #a4 ,national bank notes4 #b4 ,treasury notes or gre5backs4 #c4 ,treasury c]tificates4 ,,bank ,,notes ,a national bank note is ! gu>ante$ promise ( "s national bank to pay co9 or its equival5t to any "o pres5t+ ! note at ! bank & ask+ to h ! ex*ange made4 ,?is ex*ange is call$ r$eem+4 ,if y exam9e a bank bill y w notice t x is drawn mu* l an ord9>y bus9ess dem& note1 made payable to be>]1 & sign$ by ! bank presid5t & ca%i]4 ,= e doll> ( its own s5t out 9 ! =m ( a bill by a national bank1 ! ,gov]nm5t holds a doll> ( ! bank's collat]al to gu>antee ! r$emption ( ! note if ! bank %\ld fail4 ,national bank notes are receiv$ 9 all bus9ess transactions1 because !y are secur$ by ! ,gov]nm5t1 yet !re are cases 9 :i* ev5 ! ,gov]nm5t w n receive !m 9 paym5t ( a claim1 nor pay !m out itself4 #a4 ,all import duties mu/ be paid 9 gold4 #b4 ,! ,gov]nm5t pays ! int]e/ on its own bonds 9 gold4 ,! ,bureau ( ,engrav+ & ,pr9t+--a dep>tm5t ( ! ,unit$ ,/ates ,treasury--makes & pr9ts all ! national bank notes4 ,on all ^! notes ! names ( ! ,unit$ ,/ates ,treasur] & ! ,unit$ ,/ates ,regi/] appe>4 ,! names look l signatures1 b !y are facsimilies & are pr9t$ ) ! note4 ,! notes are pr9t$ on specially prep>$ pap]1 to imitate :i* is reg>d$ z a c\nt]feit4 ,soil$ & worn out bank notes may be ex*ang$ = fre% ones at ! ,treasury ,dep>tm5t4 ,,gre5backs ,gre5backs are treasury notes4 ,! "n comes f ! color 9 :i* !y fir/ appe>$ 9 ! ye>s ( our ,civil ,w>4 ,! treasury note is really an engrav$ promissory note ( ! ,unit$ ,/ates ,gov]nm5t made payable to ! be>]1 & be>+ ! signatures ( ! ,treasur] & ,regi/] ( ! ,treasury4 ,^! notes are issu$ 9 d5om9ations ( f five to t5 ?\s& doll>s4 ,=m]ly !re 7 "o & two-doll> treasury notes issu$1 & we /ill f9d "s ( ^! old-tim]s 9 circulation4 ,!re are s _m treasury notes 9 circulation t ! ,gov]nm5t1 va/ ?\gh its bullion & co9 res]ves are1 c\ld n r$eem !m if pres5t$ at once4 ,! treasury note is a legal t5d] = any am\nt ( indebt$ness4 ,! ,gov]nm5t pr9ts ! foll[+ gu>antee on e treasury note3 ,?is note is1 by law1 to be consid]$ z good z co94 ,any "o to :om y pay x mu/ reckon x z equival5t to a doll> 7or face value 9 doll>s7 9 value4 ,,treasury ,,c]tificates ,! treasury c]tificate is1 9 =m1 v mu* l ! treasury note1 & x be>s ! signatures ( ! same (fic]s4 ,treasury c]tificates are ( two k9ds1 gold & silv]4 ,! gold c]tificates are pr9t$ 9 yell[4 ,! silv] c]tificates are light black & :ite4 ,^! c]tificates are issu$ aga9/ ! great res]ves ( gold & silv] t are kept to r$eem !m4 ,! use ( ! gold c]tificate saves ! loss ( ! gold t comes ?r\gh abrasion :5 h&l$4 ,a five-doll> silv] c]tificate is mu* m conv5i5t to c>ry ?an five silv] doll>s4 ,^! c]tificates1 z may be se51 are issu$ = ! conv5i5ce ( ! public4 ,c]tificates ( ei!r "* w be r$eem$ to any am\nt1 9 ! metals = :i* !y call1 if pres5t$ at ! ,unit$ ,/ates ,treasury at ,wa%+ton1 or at any ( ! sub-treasuries to be f\nd 9 our l>g] cities4 ,,worn-,,out ,,notes ,only ^? famili> ) ! "w c realize ! great quantities ( bank bills1 treasury notes1 & c]tificates cont9ually be+ made & s5t out f ,wa%+ton4 ,:ile a /ream ( clean1 fre% pap] ( enorm\s value is go+ out to be spread all ov] ! c\ntry1 ano!r /ream ( soil$1 torn & altoge!r disreputable-look+ pap] is fl[+ back to ! ,treasury4 ,! fil?y pap] is q z valuable z ! clean1 s x is prop]ly *eck$1 record$1 & cr$it$ be=e new pap] is s5t out 9 its place4 ,!y are n[ try+ to make old bills pres5table by wa%+ !m at ! ,dep>tm5t4 ,mean:ile1 mo/ ( !m are gr\nd aga9 into pulp1 made into new pap]1 & all ! fir/ processes gone ?r\gh ) to make ! pap] into money4 ,,*apt] ,,xiii ,,our ,,po/al ,,bus9ess ,up to a few ye>s ago1 x 0 ! city1 t[n & village dwell] :o reap$ ! greate/ b5efit f ! po/ (fice4 ,9 d5se communities c>ri]s leave ! mail at ! place to :i* x is address$4 ,:]e ?is is n done ! walk = ! mail is n f>4 ,n[ ! purpose ( our ,gov]nm5t1 :i* is ( ! p & by ! p1 is to treat all ! p alike4 ,h[ev]1 up to a few ye>s ago ! f>m]1 our mo/ ess5tial produc]1 _h n a fair deal4 ,=tunately ?+s h *ang$ & are /ill *ang+ = ! bett]4 ,rural ,free ,deliv]y 0 an idea z j z x 0 gr&1 & z welcome z x 0 necess>y4 ,! good "w began ,octob] #a1 #ahif4 ,! purpose ( rural free deliv]y is to accommodate dwell]s 9 ! c\ntry1 :e!r f>m]s or n4 ,?r\gh ?is bran* ( ! s]vice mails are c>ri$ daily1 on fix$ l9es ( travel1 to p :o o!rwise w\ld h to g long di/ances to rea* a po/ (fice4 ,! ,gov]nm5t requires t ! /ates or c\nties %all keep 9 good condition ! roads trav]s$ by ! mail c>ri]s4 ,gates mu/ n ob/ruct1 & x is requir$ t e un=dable /ream %all be bridg$4 ,x is fur!r requir$1 z a condition = e/abli%+ a l9e = rural free deliv]y1 t ea* r\te ( tw5ty-f\r or m miles 9 l5g? %all h at lea/ "o hundr$ families resid5t on ei!r side4 ,,classifi$ ,,mail ,,matt] ,mail matt] is divid$ into f\r classes4 ,= ea* class a diff]5t rate is *>g$4 ,fir/ ,class3--,all lett]s1 & all o!r writt5 matt]1 ) a few exceptions1 pay two c5ts = ea* ounce1 or fraction ( an ounce4 ,second ,class3--,newspap]s1 magaz9es1 & o!r p]iodicals1 "o c5t = ea* f\r ounces or fraction ( f\r ounces4 ,publi%]s ( p]iodicals1 s5d+ direct f place ( publication1 get a l[] rate1--"o c5t a p\nd4 ,?ird ,class3--,books1 circul>s1 & o!r pr9t$ matt]1 "o c5t = two ounces or fraction ( two ounces4 ,f\r? ,class3--,m]*&ise & miscellane\s articles1 weigh+ n ov] f\r p\nds1 "o c5t = ea* ounce or fraction ( an ounce4 ,,po/al ,,rules #a4 ,on a tag1 or ! pap] on :i* ! address is writt51 ! s5d] ( ?ird class matt] may write f & add 8 own "n & address4 #b4 ,on ! blank leaf ( a book1 =w>d$ z ?ird class matt]1 ! s5d] may write a d$ication or inscription1 b x mu/ n be 9 ! =m ( a lett]4 #c4 ,f\r? class matt] mu/ be s wrapp$ t ! po/al au?orities c exam9e ! cont5ts )\t mu* tr\ble4 #d4 ,su* articles z glass1 nails1 ne$les or o!r matt] t might "w injury if x came loose1 mu/ be enclos$ 9 two sep>ate wrapp+s1 or a d\ble case4 #e4 ,poisons1 explosives1 inflammable sub/ances1 & live animals are exclud$ f ! mails4 #f4 ,fire>ms may only be s5t 9 deta*$ p>ts4 #g4 ,all alcoholic liquors are reg>d$ z explosive4 ,,=eign ,,rates ,! rates to ,canada are ! same = all classes ( matt] z 9 ! ,unit$ ,/ates1 except t se$s1 scions1 bulbs1 cutt+s1 & roots are "o c5t p] ounce4 ,to ,cuba all ! rates are ! same z = dome/ic matt]4 ,rates ) ,mexico are ! same z if mail$ betwe5 our own /ates4 ,packages are limit$ to #d p\nds #f ounces1 except t s+le books may weigh m4 ,m]*&ise mu/ be s5t by p>cel po/4 ,to all o!r c\ntries1 9 :at is kn[n z ! ,po/al ,union1 ! rates = lett]s are five c5ts = ea* half ounce or fraction !re(4 ,po/al c>ds two c5ts ea*1 d\ble f\r c5ts4 ,regi/ration fees or lett]s or o!r articles1 f\r c5ts ea*4 ,ord9>y lett]s = =eign c\ntries1 except ,canada1 ,cuba & ,mexico1 mu/ be =w>d$1 :e!r any po/age is paid on !m or n4 ,all o!r mailable matt] mu/ be prepaid4 ,alaska1 ,hawaii1 ,guam1 ,tetuila1 ! ,philipp9es & ,porto ,rico are reg>d$ z insul> or t]ritorial possessions ( ! ,unit$ ,/ates1 & are entitl$ to ! same po/al rates4 ,,/amps ,po/age /amps may be pur*as$ at any ,unit$ ,/ates po/ (fice1 or at any place au?oriz$ to sell !m4 ,anyone may sell po/age /amps z he w\ld any o!r p]sonal asset4 ,if /amps are b\ght to be enclos$ 9 a lett]1 !y %\ld nev] be ( a high] d5om9ation ?an twos & ones1 z !y are easily dispos$ (4 ,lett]s %\ld always be /amp$ on ! upp] "r-h& corn] ( ! envelope4 ,packages %\ld be /amp$ 9 ! same way & on ! address$ side4 ,! us+ ( cancell$ /amps is a felony4 ,=eign /amps h no value on lett]s or p>cels mail$ 9 ! ,unit$ ,/ates4 ,a dome/ic1 un/amp$ lett] w n be =w>d$4 ,if a /amp$ lett] is f\nd to require m po/age1 ! am\nt lack+ is /amp$ on ! lett]1 & mu/ be paid by ! receiv]4 ,/amp$ envelopes & /amp$ wrapp]s are sold by ! po/ (fice at ! usual rates ( po/age1 ) ! co/ ( ! pap] add$4 ,if a /amp$ envelope or wrapp] is spoil$1 ! /amp mu/ n be cut (f & us$ by pa/+ on ano!r envelope or wrapp]1 = x w be treat$ z if no po/age 7 paid4 ,su* spoil$ wrapp]s or envelopes w be ex*ang$1 )\t *>ge1 by ! po/ma/]1 = /amps ( ! same value4 ,,po/al ,,c>ds ,nev] use a po/al c>d to dun a debtor4 ,nev] s5d a confid5tial message on a po/al c>d4 ,=eign po/al c>ds1 t is ^? be>+ a =eign /amp1 _c be us$ 9 ! ,unit$ ,/ates4 ,an int]national po/al c>d c be b\ght4 ,po/al c>ds & lett]s may be r$irect$ & =w>d$ )\t extra *>ge1 :]e ! address ( ! receiv] has be5 *ang$4 ,packages require a r5ewal ( paym5t 9 su* cases4 ,,regi/]+ ,,lett]s ,a lett] or a p>cel may be regi/]$ to fur!r insure its safe deliv]y4 ,:5 a lett] or p>cel is regi/]$1 x mu/ h ! s5d]'s "n & address writt5 across ! left-h& end ( ! envelope & on ! rev]se side4 ,9 addition to ! /amps requir$ ord9>ily1 eight c5ts 9 /amps or 9 a regul>ly prep>$ /amp1 is ! regi/ration fee4 ,! cl]k1 receiv+ a regi/]$ p>cel1 gives ! s5d] a receipt = ! same4 ,aft] ! lett] has rea*$ its de/9ation1 ! s5d] gets a second receipt1 ?r\gh ! po/ (fice1 sign$ ) ! receiv]'s "n4 ,! receiv] ( a regi/]$ p>cel signs two receipts1 "o = ! po/ (fice & ! o!r = ! s5d]4 ,,special ,,deliv]y ,! purpose ( :at is kn[n1 9 connection ) ! po/ (fice1 z ! ,special ,deliv]y ,sy/em1 is to insure ! deliv]y ( any lett] or package to ! p]son1 to :om x is address$1 z soon z x rea*es 8 po/ (fice4 ,9 addition to ! regul> po/ *>ge1 a fee ( #aj c5ts is add$ = special deliv]y4 ,?is is 9 ! =m ( a special /amp1 ?\gh :5 ?is _c be _h1 ! same am\nt 9 ord9>y /amps may be atta*$4 ,9 ! case not$1 ! s5d] %\ld write 9 l9e ) ! /amps1 special deliv]y4 ,special deliv]y messages are deliv]$1 n by ord9>y c>ri]s1 b by special deliv]y mess5g]s4 ,! special deliv]y lett] is us$ :5 imm$iate k is necess>y4 ,x saves a long telegram4 ,,money ,,ord]s ,money1 9 limit$ sums1 may be s5t ?r\gh ! po/ (fice4 ,"o advantage ( s5d+ money 9 ?is way is t x practically insures ! s5d] aga9/ loss4 ,all po/ (fices are n money ord] (fices4 ,a po/ (fice money ord] may only be s5t to ^? places :]e !re are su* (fices4 ,at all po/ (fices1 au?oriz$ to s5d money ord]s1 prop] blanks c be _h on :i* ! s5d] c write 8 ord]4 ,any sum may be s5t by po/al ord]1 f "o c5t to "o hundr$ doll>s4 ,! fee is f ?ree to ?irty c5ts4 ,read ! blank c>efully2 x is simple1 b be sure y und]/& x be=e fill+ out ! ord]4 ,if 9 d\bt1 ask ! cl]k4 ,hav+ fill$ out ! ord]1 h& x to ! cl]k ) ! sum requir$1 & ! additional fee4 ,! cl]k !n prep>es & h&s out an ord] = ! am\nt1 on ! po/ma/] ( ! t[n to :i* y are s5d+ y\r lett]1 & ?is y enclose to y\r correspond5t4 ,,ca%+ ,,po/ ,,(fice ,,ord]s ,! money ord] nev] conta9s ! "n ( ! s5d]2 ?is ! po/ma/] ( ! (fice f :i* x is s5t supplies 9 a sep>ate communication to ! po/ma/] :o is to pay4 ,no money passes f "o (fice to ! o!r4 ,a po/ (fice ord] is l a draft drawn by "o po/ma/] on ano!r4 ,! "o cr$its ! sum1 ! o!r debits x4 ,! hold] ( an ord] w n get 8 money unless he is kn[n to ! pay+ po/ma/] or is id5tifi$4 ,be=e pay+ an ord] ! po/ma/] requires ! hold] to receipt x4 ,a po/ (fice money ord]1 l a *eck or draft1 may be transf]r$ to ano!r = collection4 ,banks receive transf]r$ money ord]s z if !y 7 ca% deposits4 ,! p>ty to :om ord]s are transf]r$ mu/ g ?r\gh ! same =ms at ! (fice1 :]e paym5t is made1 z if he 0 ! orig9al payee4 ,,advice ,x is n necess>y to regi/] lett]s conta9+ *ecks4 ,nev] write p]sonal on a bus9ess lett]4 ,always enclose a /amp = reply :5 writ+ to a /rang]4 ,see t ! addresses on y\r lett]s are di/9ctly legible4 ,,*apt] ,,xiv ,,telegrams--,,! ,,telephone ,to s5d a telegram1 y or y\r mess5g] mu/ take :at y h writt5 to ! ne>e/ telegraph (fice4 ,y may write a telegram on any k9d ( pap]1 provid$ always t ! writ+ is pla94 ,all telegraph (fices are provid$ ) regul> blank =ms1 :i* may be _h )\t co/1 & x is bett] to use ^! :5 !y are available4 ,! blank is prop]ly rul$1 ) l9es = ! date1 = ! address ( ! "o to :om x is to be s5t1 & = ! message4 ,,*>ges ,! telegraph company *>ges a fix$ sum = a message (1 say1 t5 words4 ,^! words d n include ! "n & address ( ! s5d]4 ,! am\nt ( ! *>ge is always dep5d5t on ! di/ance betwe5 ! (fice f :i* ! message is s5t & ! "o at :i* x is receiv$4 ,e ^w ov] t51 9 ! message1 pays an extra fee1 dep5d5t aga9 on ! di/ance4 ,gett+ j :at y mean into t5 words may seem difficult :5 y h a lot to say1 b x is surpris+ h[ y c boil ! message d[n :5 ea* additional ^w co/s five or m c5ts4 ,x may pay to practice ?is4 ,if x is actually necess>y to make y\r mean+ cle> by ! addition ( m words1 d n hesitate at ! co/4 ,if y are kn[n at ! telegraph (fice1 y c s5d a message to be collect$ f ! receiv]4 ,nev] p]mit ! receiv] to pay = a message t is exclusively on y\r own bus9ess4 ,always make & keep a copy ( e important telegram y s5d away4 ,d n neglect ?is4 ,if y h neglect$ to keep a copy ( a telegram1 or hav+ made "o h lo/ x1 y may get a copy f ! telegraph (fice1 provid$ ! application be made )9 six mon?s ( ! s5d+ ( ! message4 ,telegrams are deliv]$ by ! company's mess5g]s4 ,y mu/ give receipt to ! mess5g] on ! deliv]y ( a telegram4 ,:]e ! receiv] lives a long di/ance f ! telegraph (fice1 x is cu/om>y to pay ! mess5g] an additional fee1 dep5d+ on ! di/ance4 ,! *>ges = telegrams to be s5t at night & deliv]$ 9 ! morn+1 are mu* l[] ?an = day messages4 ,= an additional *>ge1 less ?an ! orig9al1 messages may be repeat$ back to insure _! accuracy4 ,read ov] to ! (ficial1 or /ill bett]1 h him read y\r message ov] 9 y\r pres5ce1 t y may be sure he und]/&s x z writt54 ,y _c hold o!rs responsible = y\r own mi/akes4 ,,telegraph+ ,,money ,y c telegraph money ) z mu* safety z y c s5d x ?r\gh a bank4 ,9 h&l+ money 9 ?is way1 ! telegraph company does n act z a bank] b z a c>ri]4 ,telegraph money ord]s are a great conv5i5ce1 :5 "o wants to s5d ca% to a di/ant po9t 9 a hurry4 ,c\ntry telegraph (fices d n1 z a rule1 transmit money2 t function is left to ! (fices 9 ! l>g] c5t]s4 ,,! ,,me?od ,"o wi%+ to wire money w f9d at ! telegraph (fice suitable blanks2 !y are furni%$ gratis4 ,on l9es provid$ = ! purpose & prop]ly indicat$1 z 9 a po/al ord] =m1 write ! "n & address ( ! p]son to receive ! money1 ) ! am\nt4 ,?is pap]1 prop]ly sign$1 is h&$ to ! cl]k ) ! money to be s5t & ! fee = transmission4 ,! fee is d\ble t *>g$ = an ord9>y message ( ! same l5g?4 ,if1 = any reason1 ! p]son to :om ! money is s5t _c be f\nd )9 =ty-eight h\rs1 ! money is return$ to ! s5d]1 b ! fees are reta9$1 z ! company is n to blame = failure4 ,! receiv] ( a money ord]1 if unkn[n1 mu/ id5tify himself z he w\ld at a bank1 & he mu/ receipt = ! money4 ,if ! p]son to receive ! money is an entire /rang] 9 ! place to :i* ! money is s5t1 ! s5d] kn[s x1 & he provides = ! situation by sign+1 on ! rev]se ( ! application1 an ord] to ! di/ant op]ator to pay ! money to ! p]son nam$ )91 )\t fur!r id5tification4 ,:5 a telegraph op]ator receives a money ord]1 he at once seeks out ! p]son to :om x is s5t1 & pays ! money 9 accordance ) 8 in/ructions z to id5tification4 ,,! ,,telephone ,! telephone1 local & long di/ance1 is fa/ sup]c$+ ! telegraph z a m$ium = spe$y bus9ess communications4 ,its use is n conf9$ to l>ge cities z at fir/4 ,ne>ly e village is n[ 9 communication ) ! out] _w ?r\gh ! telephone4 ,! _w has j awak5$ to ! ne$s ( its food produc]1 ! f>m]4 ,9 ,norway1 :i* is n a ri* c\ntry1 ! telephone has be5 introduc$ on ! f>ms4 ,! rates are l[ & ! b5efits are ine/imable4 ,on our l>ge f>ms1 9 ! ,we/1 telephones h be5 9 use = "s "t z an ess5tial "p ( ! ma*9]y4 ,n[1 !re is a move on foot to make !m available = e f>m] 9 ! m settl$ regions4 ,:ile bus9ess c be conduct$ ov] ! telephone1 z if ! speak]s /ood face to face1 yet su* transactions n be+ record$1 w n /& 9 law1 if "o ( ! p>ties %\ld dispute ! o!r's ^w4 ,,*apt] ,,xv ,,bus9ess ,,by ,,express ,!re are two k9ds ( expresses1 viz43 local & g5]al4 ,! names describe ! prov9ces ( ea*1 ?\gh a g5]al express may d a local bus9ess4 ,all express companies are common c>ri]s4 ,! c>ry+ bus9ess done by our express companies is enorm\s4 ,!y h _! own special c>s atta*$ to pass5g] & fa/ freight tra9s1 & _! goods are giv5 special dep>tm5ts 9 wat] transportation4 ,if liv+ betwe5 two t[ns1 x is always bett] to h y\r lett]s & express bus9ess done ?r\gh "o (fice4 ,,in/ructions ,:5 ord]+ mat]ial by express1 make sure t y give ! address1 to :i* y wi% x s5t1 9 su* a way t a mi/ake on ! "p ( ! =w>d] w be out ( ! "q4 ,if y s5d away goods by express1 make sure t !y are securely pack$1 & be equally sure t ! address is cle>ly writt5 & 9 a l>ge h&4 ,x w\ld be bett] if ! address c\ld be pa9t$ on ) a bru%4 ,if y %\ld s5d p]i%able /uff1 l meat1 fl[]s1 glass1 or fruit1 be sure to label ! package p]i%able or ,h&le ) c>e1 glass4 ,on long di/ance transportation prepaym5t is requir$2 on %ort di/ances x is optional4 ,x is always bett] to get f ! express ag5t a receipt = ! matt] tak5 9 *>ge4 ,take c>e to put y\r own address on ! l[] left-h& corn] ( ! package to be s5t4 ,if ! p]son to :om ! p>cel is s5t _c be f\nd1 ! address w enable ! express company to notify ! s5d] at once ( ! fact4 ,:5 s5d+ any goods by express1 x is always prud5t to notify ! p]son = :om !y are int5d$ ( ! fact by mail1 & also to /ate ! company by :i* ! matt] 0 s5t & ! date ( %ipm5t4 ,,! ,,company',s ,,duty ,! express company mu/ always require1 on deliv]+ goods1 a receipt f ! receiv]4 ,if ! goods %\ld be receiv$ by a second p]son1 on behalf ( ! consignee1 he mu/ sign ! consignee's "n1 & "u t 8 own4 ,if a package appe>s to be damag$ 9 transmission1 ! express company mu/ p]mit ! receiv] to exam9e x be=e sign+4 ,he may refuse to sign or to accept 9 any way1 if ! goods are injur$1 or n z he ord]$4 ,express companies are responsible = all damages su/a9$ by goods :ile 9 _! *>ge4 ,,collections ,,by ,,express ,all ! l>ge express companies h ! ma*9]y = collect+ acc\nts & notes :5ev] !y h bran* (fices4 ,su* companies are reliable collectors4 ,_! s]vices are prompt & _! *>ges reasonable4 ,:]e an express company fails to collect1 notice is promptly giv5 ) ! reasons = failure4 ,:5 y wi% an express company to collect1 x w be necess>y = y to make out a /atem5t ( ! acc\nt4 ,?is is plac$ 9 a special envelope1 provid$ by ! company4 ,x is prop]ly indors$ & h&$ to ! company's repres5tative4 ,! company *>ges a small fee = collection1 :e!r x succe$s or n4 ,9 any case ! fee is n mu* above a f\r? ( "o p] c5t1 unless !re %\ld be unusual tr\ble4 ,c4 ,o4 ,d4 ,,by ,,express ,z y "k1 ,c4,o4,d4 means ca% on deliv]y4 ,ca% on deliv]y ord]s con/itute no small "p ( e express company's bus9ess4 ,:5 goods are =w>d$ 9 ?is way1 ! s5d] furni%es ) ! goods an itemiz$ bill duly receipt$4 ,! express company's *>ges %\ld be includ$ 9 ! bill4 ,! express ag5t is sure to collect ! bill be=e he lets ! goods leave 8 keep+4 ,,money ,,by ,,express ,%\ld y desire to s5d money by express1 x w be well to g to ! company's (fice be=e y pack x up4 ,express companies h special receptacles or envelopes 9 :i* to /ore co9 or bills4 ,!re is no *>ge = ^!4 ,! s5d] mu/ himself seal ! packages conta9+ ! money1 & write on !m ! address ( ! consignee1 also ! am\nt enclos$4 ,hav+ receiv$ ! packages1 ! express ag5t ties !m up1 affixes 8 (ficial seal1 :i* is s arrang$ t ! package _c be op5$ or tamp]$ )1 )\t break+4 ,?is done1 he gives ! s5d] a receipt4 ,?is %\ld be c>$ = z a vital "p ( ! record4 ,! *>ges = s5d+ money by express may or may n be paid 9 advance4 ,!y v>y ) ! am\nt to be c>ri$ & ! di/ance4 ,packages ( money are receipt$ = 9 ! usual way4 ,!y are deliv]$ only to ! legal consignee1 unless a second p]son %\ld appe> ) an ord]1 am\nt+ to a p[] ( attorney1 & :i* ! company _c reject4 ,,money ,,ord]s ,! =ego+ by no means limits ! express company's usefulness or field ( opportunities4 ,express companies issue money ord]s mu* z does ! ,po/ ,(fice ,dep>tm5t4 ,z ) ! po/ (fice1 ! fees = ord]s v>y1 b no ord] is issu$ = m ?an fifty doll>s4 ,if y want to s5d su* an ord]1 ! express company w furni% ! prop] blank = y to fill out4 ,on ?is =m mu/ be writt5 out v pla9ly ! "n & address ( ! p]son to :om ! ord] is to be s5t1 ) ! am\nt1 9 words & 9 figures4 ,on receiv+ ! money ! express ag5t gives to 8 cu/om] two pap]s2 "o is ! company's receipt = ! money1 ! o!r is ! ord] itself4 ,! ord] in/ructs ! ag5t at ! po9t to :i* x is to be s5t to pay ! sum nam$ to ! p]son nam$4 ,to complete ! ord] ! s5d] %\ld sign 8 "n 9 a place indicat$ = ! purpose on ! back ( ! pap]4 ,?is done1 ! ord] c be s5t to ! p]son = :om x is int5d$1 9 an ord9>y envelope4 ,! receiv] ( an express money ord] c h x ca%$ at ! express (fice 9 8 t[n1 or sign x & place x 9 8 own bank z if x 7 ca%4 ,,*apt] ,,xvi ,,ab\t ,,railroads ,n ev]y?+ ab\t railroads1 t w\ld be a trem5d\s und]tak+1 b j en\gh to %[ :at ev]yone %\ld "k ab\t !m z c>ri]s ( goods4 ,! express companies h practically a monopoly ( ! transportation ( ! small] packages ( goods requir+ quick transit & imm$iate deliv]y1 b ! long]1 heavi]1 & sl[] freight are 9 ! h&s ( ! railroads1 & :]e x c be done1 & "t is n a fir/ factor1 ! /eamboat takes ! place ( ! tra94 ,,bills ,,( ,,lad+ ,z mo/ ( ! goods 9 *ang+ h&s are c>ri$ by /eamboat or railroad1 ! me?od ( %ipm5t %\ld be und]/ood by ev]yone :o may be call$ on to use "o or ! o!r means ( transportation4 ,! p]son %ipp+ goods 9 ?is way is ! consignor4 ,! p]son to :om ! goods are %ipp$ is ! consignee4 ,! goods %ipp$ are describ$ 9 a pap] call$ a bill ( lad+4 ,a bill ( lad+ is a writt5 contract1 or /atem5t ( ! goods %ipp$1 _! condition1 & ! "t ( %ipm5t4 ,bills ( lad+ & receipt blanks are furni%$ at ! (fices ( ! transportation companies4 ,two copies ( ! bill ( lad+ %\ld be made out4 ,"o ( ^! is sign$ by ! consignor & ! o!r by ! transportation ag5t4 ,! copy sign$ by ! consignor is kept by ! ag5t1 & ! copy sign$ by ! ag5t is reta9$ by ! consignor1 z a v\*] = ! goods %ipp$4 ,?is receipt %\ld be mail$ to ! consignee4 ,:5 ! consignee gets ?is bill ( lad+1 x is a v\*] to ! freight ag5t1 :]e ! goods are to be deliv]$1 z to ! own]%ip4 ,x is usual = ! ag5t at ! po9t ( %ipm5t to s5d a copy ( ! bill ( lad+ to ! ag5t :]e ! goods are receiv$4 ,9 ?is way he c comp>e ! consignm5t ) ! consignee's bill4 ,,exp5se ,,bills ,x is n usual to pay freight bills at ! po9t ( %ipm5t1 t be+ left till ! goods rea* _! de/9ation4 ,! ag5t at ! place ( deliv]y makes out an exp5se bill1 :i* is an itemiz$ /atem5t ( ! freight *>ges1 & mu/ be paid by ! consignee be=e deliv]y4 ,?is done1 ! consignee mu/ sign a receipt = ! goods deliv]$1 & ! affair is clos$4 ,a ,,bill ,,& ,a ,,draft ,be=e :olesale h\ses or manufactur]s %ip goods1 !y are ei!r paid = or !y h a bus9ess und]/&+ ) ! consignee z to :5 & h[ ! paym5t is to be made4 ,!re are occasions1 h[ev]1 :5 no su* arrangem5t has be5 made1 & a man n well kn[n to ! m]*ant ord]s goods %ipp$ by freight4 ,9 a case l ?is1 ! m]*ant may asc]ta9 ?r\gh a comm]cial ag5cy--! ag5cies make x _! bus9ess to keep po/$ 9 su* matt]s--! /&+ ( ! man giv+ ! ord]4 ,trade has its risks & ! m]*ant1 ev5 :]e ! in=mation is n q assur+1 may decide to fill ! ord] & %ip x4 ,z ) express companies1 goods may be s5t z freight1 ,c4 ,o4 ,d4 ,?is is done by means ( a bill ( lad+1 to :i* is atta*$ a draft4 ,! %ipp] bills ! goods to himself at ! po9t to :i* !y 7 ord]$4 ,to ! bill ( lad+ he atta*es a draft = ! sum involv$1 b ?is1 in/ead ( be+ =w>d$ to ! consignee by mail1 is s5t to him ?r\gh a bank = collection4 ,n[ be=e ! consignee c get ! bill ( lad+1 :i* au?orizes him to receive ! goods1 he mu/ pay ! draft4 ,! bill1 :i* is 9 ! %ipp]'s "n1 is !n endors$ ov] to ! pay] ( ! draft4 ,c\ntry m]*ants & sometimes f>m]s s5d produce by freight to be sold on commission 9 ! city4 ,,an ,,invoice ,delhi1 ,n4 ,y41 ,sept4 #i1 #aiaj4 ,invoice ( ,m]*&ise %ipp$ by ,h>ry ,t4 ,jackson & consign$ to ,br[n1 ,smi? ,co41 ,newburg1 ,n4 ,y4 to be sold on commission4 #abj bbls4 ,potatoes #gj gre5 apples #dj ,crates tomatoes4 ,m>k pla9ly all goods %ipp$4 ,,*apt] ,,xvii ,,taxes ,g5]ally speak+1 tax bills are paid ) reluctance4 ,?is is no d\bt due to ! fact t ) e o!r =m ( paym5t "o has some?+ tangible to %[ = ! exp5diture4 ,if e good citiz5 c\ld be br\ght to see t 8 private int]e/s are closely l9k$ ) public affairs1 he w\ld take m int]e/ 9 ! local politics ( 8 t[n & c\nty1 & s h a voice 9 ! exp5diture ( taxes by select+ ! be/ m5 to d ! "w = him4 ,taxes are =c$ contributions levi$ on citiz5s to provide money = public exp5ses1 su* z law & ord]1 s*ools1 *>ities & public in/itutions4 ,all tax laws are made by ! m5 :o pay ! taxes4 ,y say ,no to ?is4 ,! tax laws are made by ! legislators up at ! /ate capital4 ,v true2 b :o nom9ates & elects ! legislators8 ,did y n put !m into (fice8 ,no1 ! bosses did t1 y reply4 ,true aga91 b good m5 are 9 ! majority & if !y did _! duty to _! c\ntry & !mselves1 !re w\ld be no bosses & taxes w\ld be hone/ly sp5t4 ,,k9ds ,,( ,,taxes ,tax laws are enact$ by ,congress1 & by ! legislatures ( our _m /ates4 ,taxes _c be collect$ )\t ?is au?ority4 ,/ate taxes are collect$ = ! /ate use only4 ,unit$ ,/ates taxes are exp5d$ = ! b5efit ( all ! p ( all ! /ates4 ,taxes may be fur!r divid$ into direct & indirect4 ,direct taxes are1 at pres5t1 only employ$ by ! /ates4 ,!y are levi$ on realty & p]sonal prop]ty1 & are paid by ! p>ticul> p]son nam$ 9 ! tax bill pres5t$ by ! au?oriz$ collector4 ,! am\nt ( ^! taxes v>y ea* ye>1 dep5d+ on ! public requirem5ts4 ,!y are bas$ on assessm5ts made by (fic]s appo9t$ = ! purpose & g5]ally kn[n z assessors4 ,,cu/oms ,,duty ,?\gh !re is no dem& made on ea* individual to pay ! indirect taxes requir$ by ! ,gov]nm5t1 yet indirectly e p]son :o sp5ds little or mu* money is pay+ !m4 ,! ,gov]nm5t's *ief means ( rais+ ! great sums ( money ne$$ ye>ly to c>ry on its ma*9]y is by cu/oms duties & int]nal rev5ue collections4 ,! cu/oms rev5ue is obta9$ f a tax levi$ on c]ta9 articles import$ f =eign c\ntries4 ,?is cu/oms tax is call$ a t>iff4 ,! "q z to ! goods t %all be subject to a t>iff & ! am\nt to be levi$ on ! same1 is "o t has long p]plex$ /atesm5 & be5 a lead+ p>ty issue4 ,! m]*ant1 to :om ! goods are assign$ f a =eign port1 mu/ pay ! duty levi$ on !m by a ,gov]nm5t ,apprais] be=e he c take !m away4 ,private p>ties1 l&+ f abroad at any ( our ports ( entry1 are requir$1 be=e gett+ _! baggage1 to write out a decl>ation ( ! ?+s conta9$ 9 _! trunks4 ,b ?is decl>ation does n prev5t ! cu/oms inspectors f mak+ a c>eful p]sonal exam9ation4 ,all ?+s f\nd dutiable1 :e!r decl>$ or n1 are set ap>t & held until ! assessm5t or duty is paid4 ,! evasion ( a cu/oms duty is call$ smuggl+ & is puni%$ by ! confiscation ( ! goods1 & p5alties 9 ! way ( f9e & imprisonm5t4 ,!re are p :o w\ld consid] x a s9 to *eat _! but*]1 b see no wrong 9 *eat+ ! ,gov]nm5t4 ,to ! m]*ant :o pays t>iff duties ! am\nt involv$ is a direct tax4 ,:5 ! m]*ant sells 8 goods to ! retail] or consum]1 he adds ! t>iff to 8 freight1 insurance1 int]e/1 etc41 z direct pur*ase co/4 ,?is is /rict bus9ess1 b ! consum] pays all ! bills ) ! pr(it add$4 ,,int]nal ,,rev5ue ,! second great s\rce ( ,gov]nm5t rev5ue is d]iv$ f ! int]nal rev5ue tax1 or excise duties4 ,manufactur]s ( alcohol1 :e!r z w9e1 :iskey1 or be]1 & ! produc]s ( tobacco1 9 its manufactur$ =ms1 h to pay an excise tax 9 proportion to ! am\nt & "* ( _! products4 ,z ) ! cu/oms tax1 ! excise tax is add$ by ! manufactur] to ! co/ ( production1 s t at la/ x is ! consum] :o pays x4 ,,/amps ,:ile ! manufactur]s ( alcohol pay ! excise tax 9 bulk1 t is on ! numb] ( gallons produc$1 ! manufactur]s ( cig>s & tobacco h to atta* to ea* sep>ate package a di/9ct int]nal rev5ue /amp4 ,^! /amps are pur*as$ f ! int]nal rev5ue collectors1 appo9t$ by ! ,gov]nm5t to c]ta9 di/ricts4 ,! /amps %[ at a glance t ! prop] tax has be5 paid1 j z ! po/age /amp affix$ to a lett] proves t ! price = c>ry+ x & deliv]+ x has be5 paid4 ,z x is a p5al (f5ce to use a po/age /amp a second "t1 s x is a puni%able (f5ce to attempt ! use ( a cancell$ or torn int]nal rev5ue /amp4 ,if dem&$1 ! ,gov]nm5t w give a receipt = ! sum receiv$ f any "o = consid]able sales ( po/al or rev5ue /amps4 ,,/ate ,,taxes ,/ate taxes1 z has be5 /at$1 are levi$ on real & p]sonal prop]ty4 ,"s /ates h 9 addition a poll tax4 ,?is is levi$ on ! individual )\t any reg>d to 8 prop]ty1 & a receipt = x may be a requirem5t be=e a citiz5 is p]mitt$ to vote4 ,( c\rse ! real e/ate & p]sonal prop]ty taxes are n ! same 9 all ! /ates1 = ea* /ate mu/ raise e ye> ! sum necess>y to meet its own special requirem5ts4 ,! int5tion ( all tax laws is to h e citiz5's contribution be> ! same proportion to ! :ole am\nt to be rais$ t 8 possessions be> to ! aggregate prop]ty ( all ! own]s 9 ! commonweal?4 ,,exempt ,,f ,,taxes ,all our /ate laws exempt f taxation c]ta9 k9ds ( prop]ty4 ,! /ate _c tax ! prop]ty held by itself = ! common use4 ,! build+s & relat$ prop]ties ( religi\s bodies & societies are n taxable4 ,su* educational in/itutions z colleges1 sem9>ies1 & private *>ities are n tax$4 ,cemet]ies & o!r places :]e ! dead are dispos$ ( are n tax$4 ,c\nty build+s1 city p>ks1 public s*ools1 p5al in/itutions1 fair gr\nds = public use & simil> prop]ty is nev] tax$4 ,,insuffici5t ,,taxes ,!re h be5 times 9 ! life ( ! ,gov]nm5t1 & 9 ! build+ up ( ! /ates1 :5 ! funds necess>y = ma9t5ance f taxes1 heavy ?\gh ^! h be5 at times1 h n be5 suffici5t to meet ! ess5tial exp5ditures4 ,?is 0 p>ticul>ly ! case ) our ,gov]nm5t dur+ ! try+ days ( our ,civil ,w>4 ,/ates ent]+ on great public works1 = ! b5efit ( ! commonweal?1 frequ5tly _c raise ! necess>y money by ! usual =ms ( taxation4 ,9 ^! cases loans h to be made1 t is ! ,gov]nm5t & ! /ate g out & borr[ f ^? :o h x to sp>e1 ! necess>y money4 ,! ,gov]nm5t1 ! /ate1 & x may be ! city or c\nty1 gives to ! p>ty provid+ ! money :at is kn[n z bond or bonds1 ea* ( a fix$ am\nt & be>+ a fix$ rate ( int]e/1 payable z a rule semi-annually4 ,,p]sonal ,,prop]ty ,!re is no =m ( prop]ty s easy to assess = ! purpose ( taxation z real e/ate1 t is ! l& & ! build+s1 = ! la/ sell+ value ( ?is prop]ty is a matt] ( public record1 & !n ! assessors1 :o %\ld be m5 ( hone/y & good judgm5t1 are g5]ally po/$ z to ! value ( ! prop]ty "u consid]ation4 ,:51 h[ev]1 x comes to ! taxation ( p]sonal prop]ty1 :i* means any k9d ( prop]ty t c be deta*$ & c>ri$ ab\t1 x is a diff]5t matt]4 ,j z _m p1 o!rwise reg>d$ z hone/1 d n ?9k x a great wrong to get ! bett] ( ! ,cu/om ,h\se1 s _m reputable p are incl9$ to revolt aga9/ ! tax on p]sonal prop]ty & to conceal _! actual possessions f ! assessor1 nor is ?is peculi>ity conf9$ to ! poor4 ,any man may be legally compell$ to swe> to ! accuracy ( 8 /atem5t1 & if x is f\nd t he has kn[+ly sworn to a false /atem5t1 he may be br\ght to task = p]jury4 ,:at is kn[n z p]sonal prop]ty v>ies 9 _m ( ! /ates4 ,p]sonal prop]ty g5]ally includes1 m]*&ise 9 possession2 all fixtures1 all furniture 9 home1 (fices1 & factories2 all live /ock1 all money on h& & 9 banks2 o!r m5's notes1 n transf]r$2 all /ocks & bonds & o!r =ms ( security4 ,,t[n ,,taxes ,t[n%ips or c\nties1 if prop]ly au?oriz$ by *>t] or ! votes ( ! p1 may levy special taxes = special purposes )9 ! limits ( _! own jurisdictions1 or !y may 9 ! same way sell bonds to c>ry out "s "w t has be5 decid$ on = ! common weal4 ,two or m t[ns1 or c\nties1 may jo9 9 ! same way to c>ry out a project ( b5efit to bo?1 provid$ t ! burd5 ( ! und]tak+ be equitably assess$4 ,,paym5ts ,all tax bills are due & collectable on pres5tation1 b ?is is nev] en=c$4 ,a "t is1 h[ev]1 fix$ beyond :i* paym5t _c be def]r$4 ,a suffici5t am\nt ( any prop]ty may be sold at auction to satisfy a tax bill4 ,( old1 & /ill 9 "s places1 ! road taxes 7 paid 9 ca%1 b m frequ5tly by "w on ! roads1 ei!r by ! individual man1 or 9 connection ) 8 team1 ea* day's "w ( "o or bo? be+ fix$ at a regul> rate4 ,,tax+ ,,corporations ,! /ate does n tax ! individual memb]s ( a corporation = prop]ty held 9 common4 ,! same result is secur$ bett] by tax+ ! corporation z a body4 ,?is applies to banks1 railroads1 & incorporat$ manufactur+ e/abli%m5ts4 ,sav+s banks are tax$ lightly4 ,e depositor is liable = a p]sonal prop]ty tax proportion$ to ! am\nt ( 8 cr$it4 ,to make collection easy ! sav+s bank always pays ! am\nt ( ?is tax 9 bulk1 & !n *>ges x to ! exp5se acc\nt ( ! e/abli%m5t1 s t indirectly ! depositors pay aft] all1 z _! divid5ds are r$uc$ by j ! am\nt ( ! tax4 ,,taxes ,,9 ,,g5]al ,:5 a man owns prop]ty 9 diff]5t t[ns1 c\nties1 or /ates1 he is reg>d$ z s _m individuals1 & mu/ pay ea* z ! local dem&s require4 ,no matt] :]e a man's p]sonal prop]ty is plac$1 ! rule is to tax him = ! :ole at ! place ( 8 usual resid5ce4 ,! l&lord & ! m]*ant ea* pays a direct tax to ! collector1 b x w\ld be a bus9ess error to ?9k t 9 s do+ ei!r or bo? is c>ry+ m ?an 8 %>e ( ! total taxation4 ,! l&lord keeps 9 m9d ! add$ exp5se :5 he comes to adju/ leases ) 8 t5ants4 ,! m]*ant1 :o pays taxes on 8 /ock & s adds to 8 exp5se acc\nt1 %\ld n be blam$ if he keeps ?is 9 m9d :5 he fixes ! sell+ prices ( 8 goods4 ,,! ,,returns ,taxes duly paid1 hone/ly collect$1 & prop]ly exp5d$ %\ld nev] be reg>d$ z a burd54 ,f no equal exp5diture ( money d ! p get s mu* good4 ,! public s*ools1 ! public highways1 ! protection ( life & prop]ty1 public hospitals1 public libr>ies1 resid5ces = ! old1 ! bl9d1 ! orphan$ & ! insane1 z well z secure places = ! lawless1 are built & ma9ta9$ by ! taxpay]4 ,z a rule all ^! ?+s are done hone/ly & well1 not)/&+ ! outcry to ! contr>y4 ,if !re be di%one/y 9 places1 x is ! fault q z mu* ( ! vot] :o select$ him z ( ! (ficial culprit himself4 ,we mu/ take all ! responsibility ( our ag5ts1 :e!r !y be public or private4 ,e good citiz5 %\ld feel t 8 public duty is an important private bus9ess4 ,,*apt] ,,xviii ,,contracts1 ,,leases1 ,,& ,,gu>antees ,! law books def9e a contract to be ,an agreem5t betwe5 two or m p]sons to d or n to d a c]ta9 /at$ ?+ or ?+s1 = a consid]ation4 ,! consid]ation is a vital "p ( e contract4 ,!re c be no b9d+ contract )\t a consid]ation4 ,! o!r requisites ( a contract are-- #a4 ,x mu/ be possible ( accompli%m5t4 #b4 ,x mu/ be 9 accordance ) law4 #c4 ,its p]=mance mu/ n injure ! public4 #d4 ,! p>ties to a contract mu/ be compet5t to d ! ?+s to :i* !y pl$ge !mselves4 #e4 ,a drunk5 or an insane man _c make a contract4 #f4 ,all p>ties to a contract mu/ be agre$4 ,,! ,,consid]ation ,no contract c be held z b9d+ :]e ! consid]ation is n nam$4 ,a promise1 v]bal or 9 writ+1 to d some?+ = a c]ta9 p>ty1 _c be en=c$4 ,a promise to d ! same ?+ = a /ipulation nam$ is a contract & may be en=c$4 ,a gift is n a =m ( contract4 ,once made x _c be legally tak5 back4 ,,writt5 ,,& ,,v]bal ,,contracts ,!re are c]ta9 =ms ( contract :i* _c be legally en=c$1 unless !y are 9 writ+4 #a4 ,all contracts = ! sale ( real e/ate4 #b4 ,contracts t are n to be p]=m$ = a ye> or m4 #c4 ,all contracts1 to answ] = ! debt & obligations ( ano!r1 mu/ be 9 writ+4 ,if ! contract+ p>ties put b a "p ( _! agreem5t 9 writ+ ! law w recognize only ! writt5 "p4 ,! :ole mu/ be 9 writ+1 or ! agreem5t w n hold4 ,v]bal contracts are n safe4 ,al?\gh ! law does n require ev5 contract to be 9 writ+1 yet1 z x nev] decl>es t a contract mu/ be v]bal1 x is ! "p ( prud5ce1 :]ev] possible1 to put e contract 9 writ+4 ,ow+ to defects ( memory ev5 hone/ m5 may1 & frequ5tly d1 disagree z to ! t]ms ( a v]bal contract4 ,because ! p>ty ) :om ! contract is made is a close fri5d1 "o is apt to dep5d on a v]bal agreem5t1 b ! clos] ! fri5d or relative1 ! m reason !re is = an exact writt5 contract1 if we w\ld keep ! fri5d4 ,,=ms ,,( ,,contract ,! law is nev] specific z to ! =m ( contract t may be us$4 ,x is n necess>y to draw up ! contract ) ! =mal accuracy ( a real e/ate de$4 ,any "o ) good s5se & a fair common s*ool education c draw up a contract t w hold4 ,"k :at is requir$1 !n /ate ! facts simply4 ,contracts ne$ n be sworn to or ev5 witness$4 ,,k9ds ,,( ,,contract ,e note1 mortgage & o!r =m ( obligation is a specific contract4 ,a lease is a =m ( contract betwe5 two p1 kn[n z l&lord & t5ant1 = ! use ( real e/ate = a p]iod & at a r5tal specifi$ 9 ! docum5t4 ,a v]bal lease may be made = a %ort p]iod1 b if = a ye> or m1 x mu/ be 9 writ+4 ,a lease %\ld /ate :51 :]e & to :om ! r5t is to be paid4 ,ea* p>ty to a lease1 or o!r =m contract %\ld h a copy4 ,if ! premises r5t$ %\ld become unusable by fire or any action ( ! elem5ts ! t5ant is /ill liable = r5t1 unless !re is a special clause 9 ! lease provid+ = su* a cont+5cy4 ,a t5ant _c1 )\t ! writt5 cons5t ( ! l&lord1 use ! r5t$ premises = any o!r purpose ?an t /at$ 9 ! lease4 ,,z ,,to ,,repairs ,9 "s /ates ! law compels ! l&lord to keep ! premises 9 habitable repair1 b ?is does n seem to be ! rule4 ,x %\ld be decid$1 :]e !re is d\bt1 be=e sign+ ! lease4 ,:]e x is agre$ t ! l&lord %all keep ! premises 9 repair1 &1 aft] due notice ( ! fact1 he fails to d s1 ! t5ant may himself make ! repairs & d$uct ! am\nt f ! r5t4 ,,sublett+ ,if !re is no contract to ! contr>y1 ! t5ant may sublet ! :ole or any "p ( ! premises1 b ?is does n release him f liability = r5t4 ,if ! t5ant fails to leave ! prop]ty :5 8 lease has expir$1 ! own] may make 8 dem& ?r\gh :at is kn[n z a notice to quit1 :i* mu/ be s]v$ on ! t5ant 9 p]son4 ,,:at ,,is ,a ,,gu>anty8 ,a gu>anty is sometimes requir$ to insure ! paym5t ( r5t4 ,pla9ly1 a gu>anty is an agreem5t to assume1 "u c]ta9 conditions1 ! liabilities ( ano!r4 ,if a man makes a contract1 a lease1 or a note1 & 8 p]sonal res\rces are n deem$ suffici5t to secure 8 p]=mance ( ! ?+s agre$ to1 ! o!r may require t "s "o1 9 :om he has m fai?1 %all give him a gu>anty1 or p]sonal security 9 writ+4 ,! foll[+ might be us$ z ! =m = a gu>anty = a lease1 contract1 note or o!r obligation ( contract3 ,= value receiv$1 ,i h]eby gu>antee ! paym5t ( ! )9 lease 7bond or contract74 ,george ,l4 ,rob]ts4 ,%ort ,hills1 ,n4 ,j4 ,octob] #a1 #aiaj4 ,a ,,bill ,,( ,,sale ,?is is a writt5 agreem5t by :i* "o p]son transf]s to ano!r 8 int]e/ 9 c]ta9 p]sonal prop]ty4 ,! law lays d[n no rule z to ! =m4 ,a bill ( sale usually passes :]e ! prop]ty paid = is n imm$iately remov$ f ! possession ( ! sell]4 ,?is =m w\ld answ] 9 any /ate3 ,bridgeport1 ,conn41 ,aug4 #b1 #aiaj4 ,i h ?is day sold to ,calv9 ,e4 ,platt1 ( ,new ,hav51 9 ?is /ate1 my team ( bay horses1 ) _! h>ness1 "o family c>riage1 & a two-seat$ cutt]4 ,?omas ,p4 ,flet*]4 ,be sure1 :]e ! bill ( sale includes _m articles1 to "n e "o ( !m 9 ! bill4 ,if paid =1 :e!r by ca% or a note1 be sure to get a receipt = ! same4 ,,obligations ,a bond is a =m ( obligation4 ,e en=cible bond mu/ be 9 writ+ & "u seal4 ,! mak] ( a bond by ! act ackn[l$ges a liability 9 ! =m ( a debt or a duty4 ,! mak] ( a bond is ! obligor4 ,! p>ty to :om x is made is ! obligee4 ,! bond names ! liability or indebt$ness2 !n foll[s ! condition :]e9 x is /at$ ! p>ticul> ?+ t ! obligor is to d1 or n to d4 ,! p5alty = ! non-compliance ) a bond is twice ! am\nt ( ! money involv$4 ,x is (t5 requir$ t ! bond %all be fur!r gu>ante$ by "o or m sureties4 ,^! sureties may be requir$ to c]tify t !y are wor? a c]ta9 sum1 free & cle> ( all indebt$ness4 ,p]sons hold+ positions ( f9ancial tru/1 :e!r public or private1 may be1 & mo/ ( !m are1 requir$ to furni% bonds = ! fai?ful p]=mance ( _! duties4 ,9 ! l>g] cities !re are casualty & liability companies1 :i*1 = a fix$ or annual consid]ation1 act z sponsors on (ficial & o!r =ms ( bond4 ,:]e !re are no su* companies1 z ^? j nam$1 !n private citiz5s ( kn[n responsibility mu/ be secur$ to g on ! bond4 ,9 e case ! am\nt ( ! bond or security is measur$ by ! responsibilities ( ! man f :om x is requir$4 ,,*apt] ,,xix ,,life ,,insurance ,life insurance may be def9$ to be ,a contract = ! future paym5t ( a c]ta9 sum ( money to a p]son specifi$ 9 ! body ( ! policy1 on conditions dep5d5t on ! l5g? ( "s p>ticul> p]son's life4 ,!re are two p>ties to ?is contract--! insur$ & ! insur]4 ,! purpose ( ! insur]1 if he take out ! policy 9 8 own "n1 is to provide 9 a measure = ! c>e ( 8 family1 or o!r dep5d5ts1 9 ! ev5t ( 8 dea?4 ,aft] a long exp]i5ce ) ! dea? rates 9 all l&s t keep mortu>y /ati/ics1 ! actu>ies ( insurance companies c n[ e/imate ) surpris+ accuracy ! probable l5g? ( life be=e any man ( any age4 ,! me?ods ( insurance companies mean to be sci5tific1 b be t z x may1 !y are c]ta9ly int]e/+4 ,,h[ ,,x ,,is ,,done ,let u take a "y man ( ?irty1 m>ri$1 ) "o *ild1 9 good heal?1 & 9 receipt ( a fair sal>y1 b ) no prop]ty to leave 8 wife & little "o 9 ! ev5t ( 8 dea?4 ,to secure 8 de> ones1 he decides to insure 8 life =1 let u say1 #c1jjj4 ,he fills out ! blank1 9 :i* 8 age & all ! o!r requir$ in=mation is giv52 !n ! insurance company's doctor exam9es him & he is accept$ z :at is call$ a good risk4 ,n[1 f its actu>y tables1 ! company kn[s1 ) reasonable accuracy1 ! numb] ( ye>s ?is "y man %\ld live1 b>r+ accid5ts4 ,already !y h _! tables ( calculations = su* cases4 ,!y "k :at exp5se w be requir$ 9 ! way ( r5t1 cl]ks1 adv]tis+1 etc41 to c>e = ?is case till ! prospective1 ! inevitable end is rea*$4 ,on ^! calculations ! imm$iate & all subsequ5t premiums or paym5ts are bas$4 ,! insurance company inve/s & re9ve/s ! premiums1 & ! total ( ^!1 x is e/imat$1 w meet ! exp5ses & ! am\nt ( ! policy at ! "t ( its calculat$ expiration4 ,,z ,,an ,,inve/m5t ,if ! "y man 9 "q _h ! money1 he w\ld f9d x to 8 advantage to buy a paid up policy1 t is "o on :i* no fur!r premiums w\ld be requir$4 ,b1 hav+ ! money = a paid up policy1 c\ld n ! "y man1 )\t any exp5se = cl]k hire or r5t1 inve/ x1 & re9ve/ x ) ! int]e/1 z long z he liv$1 & ?us make by insur+ himself8 ,!re c be no "q z to t1 provid$ always t ! "y man liv$ out ! calculat$ "t1 inve/$ 8 insurance money at once1 & kept on inve/+ x 9 safe ?+s z long z he liv$4 ,b h[ _m "y m5 are !re :o c\ld or w\ld take ?is c\rse8 ,x is mu* easi] to save f our e>n+s ?an x is to inve/ ^? e>n+s wisely4 ,,=ms ,,( ,,life ,,insurance ,! /raight life policy1 payable to ! heirs at dea?1 is ! =m 9 g5]al use1 b !re are o!rs4 ,!re is yet ano!r =m1 kn[n z ! end[m5t1 :i* 9 itself comb9es ! usual life insurance ) "s ( ! privileges ( a sav+s bank4 ,! end[m5t policy1 :ile payable if dea? %\ld occur be=e a fix$ "t1 specifies ! date :5 x %all be payable to ! insur$ himself1 if he %\ld live till t "t4 ,9 ?is case ! family is secur$1 9 ! ev5t ( dea?1 & ! insur$ has a gu>antee = himself :5 he rea*es life's unproductive ye>s4 ,! premiums on an end[m5t policy are necess>ily great] ?an ^? on a regul> life1 & ! premiums increase ) ! %ortness ( ! "t4 ,,mutual ,,insurance ,,societies ,see+ ! va/ sums accumulat$ by :at are kn[n z ! old l9e companies1 despite _! high sal>ies & great exp5ses1 work+ m5 ?r\gh\t ! _w1 b m p>ticul>ly 9 ! ,unit$ ,/ates1 h b&$ toge!r & =m$ mutual insurance companies4 ,^! companies1 !re are _m ( !m1 are kn[n z societies1 & _! local bran*es are call$ lodges1 c\ncils or a simil> "n4 ,prop]ly conduct$1 ^! mutual societies %\ld be able to furni% insurance at ab\t actual co/1 = ! exp5ses ( managem5t & collections are small4 ,x c be said t "s ( !m h be5 & are be+ well manag$1 b o!rs1 l _! pr$ecessors1 ! old l9e companies1 h un=tunately be5 conduct$ = ! enri*m5t ( _! promot]s4 ,! mutual insurance companies1 l _! m pret5ti\s prototypes1 are n[ plac$ "u ! sup]vision ( inspectors 9 ne>ly all ! /ates4 ,,am\nts ,,( ,,policies ,9 ! society companies1 !re is a limit to ! am\nt1 usually #c1jjj1 = :i* "o c be insur$1 b ! regul> companies h no su* limitation4 ,9 ! mutual insurance companies1 ! insur$ _c leave 8 insurance to 8 cr$itors1 or to any "o n )9 a c]ta9 degree ( k9%ip4 ,9 ! regul> companies a man may insure = any am\nt he ?9ks he c c>ry1 & he c insure 9 ! same way 9 any numb] ( companies1 & he c leave ! money to any "o he may select1 or = any purpose he may *oose4 ,sometimes ! policy is made payable to unnam$ executors4 ,^! may be nam$ 9 a w made aft] he has tak5 out 8 policy4 ,,policies ,,z ,,security ,sometimes a man1 )\t real e/ate or o!r p]sonal assets1 desires to raise a loan on 8 life insurance1 :i*1 x %\ld be said1 is a =m ( p]sonal prop]ty4 ,9 ?is case he may assign 8 life policy1 or 8 end[m5t policy1 z security = ! loan4 ,aga91 if he is n insur$ & has no %ad[ ( an asset1 he may h 8 life insur$ = ! b5efit ( ano!r1 9 consid]ation = a loan4 ,,lapses ,:5 !re is a failure to meet premiums1 ! policy is said to lapse or default4 ,ev5 9 ?is case ! insur$ has an equity4 ,e policy1 dep5d+ on ! am\nt paid1 has :at is kn[n z a surr5d] value1 & by prop] process ?is may be collect$ f ! company4 ,9 "s /ates1 if ! insur$ fails to meet 8 premiums1 ! company is compell$ to pay on ! policy at 8 dea? a sum equival5t to t :i* he paid be=e default4 ,"s insurance policies h a clause /at+ t ! contract w be void 9 ! ev5t ( ! suicide ( ! hold]4 ,! highe/ c\rts h set ?is clause aside4 ,! rul+ is t a suicide is an insane man1 & t 8 heirs %\ld n be made to suff] = 8 mis=tune4 ,,propriet>y ,,& ,,mutual ,,companies ,! l>g] insurance companies may be ei!r propriet>y or mutual1 "s are a comb9ation ( bo?4 ,! propriet>y companies are corporations organiz$ by a numb] ( m5 to conduct life insurance z a bus9ess ent]prise4 ,su* a company mu/ be regul>ly *>t]$1 & is "u ! sup]vision ( ! /ate dep>tm5t ( insurance4 ,mutual companies1 z ! "n implies1 are organiz$ & are meant to be manag$ = ! b5efit ( ! policy hold]s1 :o are also reg>d$ z /ock hold]s1 ) ! "r to vote 9 ! election ( (fic]s & o!r company affairs4 ,aim+ to create a /rong res]ve fund to secure ! policy hold]s1 ! mutual life insurance companies usually *>ge a little m 9 ! way ( premiums4 ,_m ri* m5 h _! lives insur$ = great am\nts4 ,?is is done t _! heirs may n be =c$ to break up ! e/ate1 at dea?1 9 ord] to settle ! ord9>y liabilities4 ,if x c be af=d$1 x is always well to c>ry "s life insurance4 ,,*apt] ,,xx ,,fire ,,& ,,accid5t ,,insurance ,we he> & "k mu* ab\t life insurance because1 no d\bt1 x has to d directly ) ! individual1 & s has a p]sonal appeal2 b !re are o!r =ms ( insurance1 =ms t h to d ) ?+s mat]ial1 t play an important "p 9 ! _w's bus9ess4 ,,l ,,gambl+ ,! gambl+ _s1 l ! desire = /imulants & ! tobacco habit1 seems to be well nigh univ]sal4 ,m5 bet on ! turn ( dice1 ! cutt+ ( c>ds1 or ! toss+ ( a co91 & we v prop]ly d5\nce x z gambl+4 ,we take money )\t giv+ an equival5t1 or we "p ) x & h no?+ to %[ = ! transf]4 ,!re are insurance companies 9 ,engl& & 9 o!r p>ts ( ,europe :]e !y insure risks f life to fire1 f %ips to crops1 & f ! turn+ ( a c>d to ! toss+ ( a co94 ,! ,engli% company1 kn[n ! _w ov] z ,lloyd's1 is ready to insure an ocean l9]1 or to gu>antee t ! next *ild born into y\r family w be a boy or a girl2 x w ev5 insure t !re w or w n be tw9s1 & t1 if tw9s1 !y w be boys or girls1 or "o ( ea*4 ,n[1 ?is looks l gambl+1 & y w\ld be q "r 9 s class+ x1 yet x is f\nd$ on ! well consid]$ law ( *ance1 & ! premiums--call !m bets--are calculat$ ) a ma!matical precision surpris+ to "o :o has n /udi$ ! matt]4 ,,:at ,,is ,,fire ,,insurance8 ,fire insurance is a contract betwe5 ! insur$ & ! company tak+ ! risk1 9 :i* = a consid]ation call$ a premium1 ! company agrees to pay to ! insur$ a /at$ sum1 %\ld ! prop]ty1 nam$ 9 ! policy1 be de/roy$ by fire4 ,if !re %\ld be a fire1 dur+ ! life ( ! policy1 & ! damage is n total1 ! company pays only en\gh to cov] ! loss4 ,%\ld ! prop]ty be totally de/roy$ ! company pays up to ! am\nt nam$ 9 ! policy4 ,no company c>es to insure = ! full am\nt ( ! prop]ty2 t might be an inc5tive to inc5di>ism4 ,9 tak+ a fire risk1 ! companies base _! e/imates on tables z c>efully work$ out & f exp]i5ces q z well /udi$ z ^? ( ! actu>ies ( life companies4 ,fire companies are purely bus9ess corporations1 & _! conduct is subject to ! inspection ( ! (ficials ( ! /ate f :i* !y receive _! *>t]s4 ,,premiums ,z life companies h rates dep5d5t on ! age ( ! insur$1 s fire companies regulate _! premiums by ! location & o!r circum/ances ( ! build+s2 9 o!r words1 !y calculate ! probabilities1 & *>ge accord+ly4 ,!re are build+s p>ticul>ly subject to combu/ion on :i* ,am]ican companies w n take a risk4 ,among ^! may be class$ k]os5e & turp5t9e /ills1 sulphur & p[d] mills1 & ! build+s 9 :i* ^! products are /or$4 ,build+s n us$ = ! purposes nam$1 b 9 close proximity to !m1 are (t5 consid]$ too dang]\s to w>rant ! issuance ( a policy4 ,9 all cases1 ! company makes a c>eful survey ( ! prop]ty to be insur$1 & on ?is report ! am\nt ( ! premium is bas$4 ,premiums on fire policies mu/ be paid 9 bulk & 9 advance4 ,policies %\ld be r5ew$ "s days be=e ! expiration ( ! old ones4 ,fire premiums1 tak+ into consid]ation ! am\nt to be paid1 are mu* l[] ?an life premiums4 ,we "k t a man mu/ die1 b a build+ may nev] burn d[n1 !re=e ! risk is less4 ,,collect+ ,a man may insure 9 a doz5 life insurance companies1 & ea* mu/ pay ! am\nt ( ! policy on 8 dea?1 b n s ) fire companies4 ,a man own+ a h\se wor?1 say t5 ?\s& doll>s1 c insure x 9 t5 companies1 ea* tak+ a risk ( eight ?\s& doll>s4 ,if ?is h\se burns d[n ! man does n receive eighty ?\s& doll>s4 ,! actual loss is calculat$ & ! companies divide x up1 ea* pay+ its "p4 ,fire companies1 :ile anxi\s to issue policies on e insurable h\se1 are m ?an will+ t _! bus9ess rivals %\ld d ! same1 z 9 ! ev5t ( fire ! burd5 ( loss w n be borne by "o4 ,aft] e fire ! company's ag5t exam9es ! damage & e/imates :at is sav$4 ,on ?is ! paym5t is bas$4 ,,insurable ,,prop]ty ,a build+ is class$ z real e/ate1 b p]sonal prop]ty is j z liable to be de/roy$ by fire4 ,fire policies c be secur$ on goods1 furniture1 ma*9]y1 live /ock & o!r ?+s1 & ! me?od is ab\t ! same z :]e build+s are insur$1 b z a rule ! premiums are high]1 = su* ?+s are apt to be ru9$ by smoke & wat]1 :5 ! build+ 9 :i* !y are /or$ may n be mu* injur$4 ,,mutual ,,companies ,m5 c associate = any legal purpose1 & mutual protection aga9/ loss by fire is "o ( ^!4 ,9 _m neighborhoods ?r\gh\t ! c\ntry1 b p>ticul>ly 9 ! ea/]n /ates1 !re are mutual insurance companies1 usually compos$ ( a numb] ( m5 :o "k ea* o!r & :o agree to %>e ! losses ( a memb]1 9 proportions agre$ to 9 advance4 ,?is =m ( insurance is *eap & effective1 b ! field ( its op]ations is necess>ily limit$4 ,,/ock ,,companies ,! /ock companies />t ) a fix$ capital1 ea* memb] receiv+ /ock 9 proportion to ! am\nt contribut$4 ,! capital & ! int]e/ f x1 aft] pay+ ! necess>y exp5ses1 is inve/$1 & re9ve/$1 till x (t5 rea*es a l>ge sum4 ,at ! end ( e fiscal ye>1 usually ,june #cj?1 ! exp5ses & ! losses paid are d$uct$ f ! e>n+s & ! net ga9 may be divid$ z divid5ds4 ,(t5 !re are n only no divid5ds1 b a great conflagration1 l t ( ,san ,francisco1 may wipe out all ! e>n+s1 all ! res]ve & ev5 ! capital itself1 leav+ ! company bankrupt & heavily 9 debt4 ,great calamities _c be =ese54 ,no actu>y has yet appe>$ to =eca/ ! acts ( ,provid5ce1 b on ! :ole our fire insurance companies are well manag$ & prosp]\s4 ,,accid5t ,,insurance ,we h insurance aga9/ /orms1 aga9/ ! break+ ( plate glass & ev5 aga9/ loss f burgl>s1 b ! be/ kn[n ( ! m9or insurance societies are ^? kn[n z accid5t companies4 ,accid5t policies are ( _m k9ds1 & !re is no reason :y ! companies1 "u _! *>t]s1 %\ld n ext5d _! risks indef9itely4 ,accid5ts aga9/ prop]ty are insur$ mu* z is de/ruction f fire1 b ! nature ( ! accid5t z hail1 explosions1 tornadoes & insect de/ruction mu/ be specifi$ 9 ! policy4 ,! mo/ popul> =m ( accid5t policy is t :i* is sold to travell]s1 & :i* c usually be _h at ! (fice :]e "o buys 8 ticket4 ,! me?od "h is simple1 & ! pur*ase may be made 9 a m9ute4 ,i want a policy = #a1jjj = t5 days1 y say to ! cl]k4 ,he tells y ! am\nt1 y pay & get y\r ticket1 & !re y are4 ,prud5t m5 h a /amp$ & address$ envelope ready4 ,into ?is !y pu% ! policy1 & ! wife gets x4 ,no1 x does n />tle h]4 ,x is j ,h>ry's prud5ce & %e is us$ to t4 ,,*apt] ,,xxi ,,p>tn]%ips ,if prop]ly conduct$1 !re is mu* to comm5d ! managem5t ( a bus9ess ?r\gh p>tn]s4 ,nev] g into a p>tn]%ip ) a man :o puts 9 8 exp]i5ce aga9/ y\r capital1 unless y "k him l a bro!r4 ,x la/$ ab\t a ye>1 said a man :o _h done ?is4 ,n[ ! fell[1 :o has cle>$ out1 has ! capital & ,i h ! exp]i5ce4 ,a p>tn]%ip is an agreem5t betwe5 two or m p]sons to associate = ! purpose ( c>ry+ on a c]ta9 =m ( bus9ess4 ,ea* memb] ( a cop>tn]%ip mu/ contribute a /at$ contribution to ! e/abli%m5t ( ! ent]prise1 b ea* ne$ n give ! same am\nt4 ,nei!r is x necess>y t ! contributions ( ea* to ! firm %all be ( ! same "*4 ,"o may contribute a build+1 ano!r ma*9]y1 or mat]ial1 & /ill ano!r money4 ,! %>es 9 ! pr(its are bas$ on ! ca% values ( ! diff]5t contributions4 ,! "w ( ! diff]5t p>ties may be e/imat$ z contributions1 b 9 su* cases x is bett] to pay ! work] a fix$ comp5sation1 & *>ge ?is to ! exp5se acc\nt4 ,,prep>e ,,& ,,sign ,nev] g into a p>tn]%ip bas$ on a v]bal agreem5t1 unless x be = ! di/ribution ( fi%1 game or nuts1 :5 out ) a fri5d = a holiday4 ,h ! cop>tn]%ip articles c>efully drawn up & sign$ be=e y put a c5t into ! und]tak+4 ,a docum5t l ?is c be appeal$ to %\ld disputes arise2 & %\ld a p>tn] die1 8 heirs may f9d x ( ! greate/ value4 ,! articles %\ld conta93 #a4 ,! am\nt to be contribut$ by ea*4 #b4 ,! nature ( ! bus9ess4 #c4 ,! "t :i* ! p>tn]%ip is to la/4 ,if ! "t is n specifi$1 a p>tn] may )draw :5ev] he pleases4 ,if ! pr(its are to be equally divid$1 ?is %\ld be /at$ & provid$ =4 ,,sil5t ,,p>tn]s ,:5 a man inve/s money 9 a bus9ess 9 ! managem5t ( :i* he takes no active "p1 he is said to be a sil5t p>tn]4 ,su* a p>tn] has a %>e 9 ! ga9s & he is responsible z ! o!rs = ! firm's liabilities4 ,aga91 a man may n give money or "t to a firm1 b is will+1 = bus9ess reasons1 t 8 "n %all appe> z if he 7 9 ! association4 ,9 ?is case ! man is kn[n z a nom9al p>tn]4 ,al?\gh ?is man is n entitl$ to a %>e 9 ! pr(its & has no money inve/$1 yet he c be held liable = ! debts & o!r obligations4 ,! reason = ?is is v pla94 ,,liability ,9 all matt]s rightly belong+ to ! bus9ess ( a firm1 any memb] has ! "r to act1 & 8 acts w be held b9d+ 9 law4 ,x is usual = p>tn]s active 9 a bus9ess to h ea* 8 sep>ate duties1 b ev5 if ^! duties be designat$ 9 ! articles ( agreem5t1 ! outside bus9ess _w is n suppos$ to "k any?+ ab\t ! relative duties ( ! memb]s ( a firm z decid$ among !mselves1 s x is decid$ t ea* is emp[]$ to act = 8 p>tn]s4 ,"u ! usual articles1 x is /ipulat$ t :ile a dual p>tn]%ip la/s1 nei!r ( ! memb]s %all make a note1 sign a bond1 or ent] on any outside obligation z an individual )\t hav+ secur$ ! writt5 cons5t ( 8 bus9ess associates4 ,ea* p>tn] 9 a firm is liable ) ! o!rs = all ! bus9ess indebt$ness4 ,if a firm fails1 & ! assets are f\nd n suffici5t to satisfy ! cr$itors1 !y c levy = satisfaction on ! private prop]ty ( "o or all ( ! p>tn]s4 ,if a memb] ( a firm %\ld become s f> indebt$1 z an individual1 t he _c comply ) 8 obligations1 ! int]e/ he holds 9 ! firm may be dispos$ ( & appli$ to ! paym5t ( 8 debts4 ,?is does n mean t ! cr$itors may take or seize on any p>ticul> ?+ :i* ! firm holds jo9tly1 b t ! debtor's int]e/ 9 ! conc]n may be s dispos$ (4 ,all ?is ! law has provid$ =4 ,a new p>tn] admitt$ into a firm _c be held responsible = ! debts ( ! old conc]n4 ,,h[ ,,to ,,dissolve ,e p>tn]%ip agreem5t mu/ provide = & di/9ctly /ate ! p]iod = :i* x is to cont9ue4 ,at ! end ( ! p]iod nam$1 ! p>tn]%ip is dissolv$ by limitation4 ,if ! p>tn]%ip is to cont9ue1 a new agreem5t mu/ be made & sign$4 ,on prop] application1 a p>tn]%ip may be dissolv$ by an ord] ( ! c\rt4 ,if a memb] :o has become objectionable to 8 p>tn]s %\ld n agree to a dissolution ( ! firm1 ! p>tn]s may apply to a c\rt ( compet5t jurisdiction = a decree ( dissolution4 ,no memb] ( a firm c )draw at 8 own option4 ,! cons5t ( ! o!r p>tn]s is necess>y1 & be=e he is releas$ he mu/ provide = 8 %>e ( ! obligations4 ,notice ( dissolution %\ld be publi%$1 & notices s5t to ag5ts & o!rs int]e/$4 ,! foll[+ is ! cu/om>y =m ( notice3 ,! cop>tn]%ip h]et(ore exi/+ betwe5 ,john ,smi?1 ,h>ry ,rob]ts & ,?omas ,all51 "u ! firm "n ( ,smi?1 ,rob]ts ,co41 is ?is day dissolv$ by mutual cons5t4 ,john ,smi?4 ,h>ry ,rob]ts4 ,?omas ,all54 ,june #cj1 #aiaj4 ,,special ,,p>tn]%ips ,limit$ or special p>tn]s are n recogniz$ 9 "s /ates4 ,?is is a me?od ( association :]eby a p]son jo9s a p>tn]%ip1 putt+ 9 a sum agre$ on1 & :i* he may /& to lose z an inve/m5t4 ,he is entitl$ to a pro rata 9 ! pr(its1 b he _c be held = ! debts4 ,9 "s c\ntries m>riage is reg>d$ z a civil contract or =m ( p>tn]%ip1 subject to dissolution by ! c\rts4 ,,*apt] ,,xxii ,,inve/m5ts ,x is a rem>kable fact t _m m5 :o h %[n rem>kable %rewdness 9 conduct+ a bus9ess 9 :i* a =tune may h be5 accumulat$1 exhibit ! judgm5t ( *ildr5 :5 x comes to mak+ inve/m5ts4 ,!re are able lawy]s :o h made =tunes 9 ! practice ( ! pr(ession :i* !y und]/ood1 only to lose !m by inve/m5ts 9 m9es or o!r v5tures1 ab\t :i* !y knew absolutely no?+ b :at 0 told !m by ! s*em+ speculator & smoo?-tongu$ promot]4 ,z has be5 intimat$ be=e 9 ^! pages1 !re is a great diff]5ce betwe5 sav+ ?r\gh & ho>d+ ?r\gh a _s ( mis]l9ess4 ,,sav+s ,e wage or sal>y e>n]1 no matt] h[ small 8 comp5sation1 %\ld try to lay by some?+ ( t little z a provision aga9/ ! unproductive days4 ,no matt] h[ small ! am\nt a man has set aside1 aft] pay+ = life's necessities & meet+ all j debts1 he is to t ext5t a capitali/4 ,! mis] w\ld hide 8 sav+s out ( rea*1 b ! man ) ! =esight to save w usually h ! judgm5t to place ^! sav+s :]e !y w fructify & gr[1 produc+ ! fruitage kn[n z int]e/4 ,! "y man or ! "y woman1 or any "o else :o places 8 little accumulations 9 a sav+s bank1 has begun a =m ( inve/m5t t may1 if p]si/$ 91 place him or h] above want1 ev5 if x does n entitle ei!r to a place on ! li/s ( great capitali/s4 ,,capitali/s ,! capitali/ n only has money ( 8 own to inve/1 b he may & v (t5 does ne$ m money prop]ly to exploit ! ent]prises 9 :i* he is engag$4 ,money loan$ to su* m51 aft] be+ assur$ ( _! ability & integrity1 is an advantage to ! l5d] z x is to ! us]4 ,! l5d]'s pr(it is assur$ if ! ent]prise does n fail1 & ! add$ capital n only insures aga9/ failure1 b x may enable ! manag] to succe$ beyond any expectations he c\ld h if =c$ to c>ry on ! "w ) only 8 own res\rces4 ,! capitali/ may *oose to buy l& 9 ! suburbs ( a city & build !reon a h\se to be sold or r5t$4 ,?is %\ld always be made to secure ! money borr[$4 ,a capitali/ may e/abli% a fund f :i*1 on good security1 ! bus9ess m5 ( ! community may obta9 loans1 = :i* !y get a high] int]e/ ?an t :i* !y und]take to pay to ^? ^: money !y are us+4 ,aga9 a capitali/ may und]take to loan to f>m]s1 :o h n ! means to c>ry on ! "w1 b :o are anxi\s to make _! l&s m productive1 ?r\gh dra9age & crop rotation4 ,9 ?is case ! money loan$ is secur$ by ! usual bond & mortgage4 ,or x may be t ano!r body ( m5 is anxi\s to />t a great manufactur+ ent]prise 9 ! neighborhood1 b has n en\gh money to place ! v5ture on a pay+ basis4 ,9 ! latt] case x appeals to ! capitali/1 & he1 ?\gh n be>+ en\gh available means ( 8 own1 und]takes ! "w ) ! k t he c rely on ! small inve/ors1 ^: contributions he has be=e manag$ successfully4 ,,/ockhold]s ,or x may be t ! manufactur+ company does n ask ! capitali/ to assi/1 b itself goes to ! small inve/or ) a prospectus ( ! ent]prise1 & (f]s to sell /ock 9 ! conc]n at #ej or #ajj a %>e1 z ! case may be4 ,?is gives a *ance to enjoy ! pr(its1 be !y great or small2 b ) ! *ance = l>g] pr(its !re comes ! great] risk :i* mu/ always be assum$ 9 su* cases4 ,sometimes1 :5 a company is />t+1 its /ock may be put bel[ p>4 ,?is /ock1 9 ! ev5t ( success1 may appreciate1 z ) "s bank & o!r corporation /ocks1 _m times above ! p> value4 ,:5 /ocks sell 9 ! op5 m>ket = _! face value1 !y are said to be at p>4 ,,k9ds ,,( ,,/ocks ,mo/ companies1 organiz$ on a /ock basis1 issue /ocks ( two k9ds4 ,"o is kn[n z common ! o!r z pref]r$4 ,z ! "n implies1 pref]r$ /ock 7its rate ( int]e/ is always fix$7 is entitl$ to be paid out ( ! net divid5ds fir/4 ,:atev] is left aft] pay+ ! pref]r$ /ock int]e/ is divid$ up equally among ! %>es ( common /ock1 ea* gett+ accord+ to 8 hold+s4 ,sometimes ! divid5ds on common /ock are f> great] ?an ^? on ! pref]r$4 ,! pref]r$ /ock divid5ds are reg>d$ z a fix$ *>ge1 b !re c be no limit z to ! paym5ts on ! common /ock1 if ! funds are available4 ,! /ocks ( railroads1 factories1 banks & o!r ent]prises may be good =ms ( inve/m5t1 & = ?is !y are (t5 held = long p]iods by inve/ors = rev5ue4 ,mo/ /ocks1 h[ev]1 p>ticul>ly ( railroads1 are cont9ually *ang+ h&s4 ,! buy+ & sell+ ( su* securities has gr[n to be an enorm\s bus9ess1 manag$ l>gely by m5 kn[n z /ock brok]s1 _m ( :om are /rong factors 9 ! f9ancial _w4 ,z a rule1 ! buy+ & sell+ ( /ocks ?r\gh brok]s is a haz>d\s =m ( speculation1 :i* has 9 x all ! elem5ts ( gambl+1 & we _c advise too /rongly aga9/ x4 ,!re is ano!r k9d ( /ock1 :i* "s companies keep 9 _! safes to meet an em]g5cy4 ,?is is kn[n z treasury /ock1 &1 l ! pref]r$1 its rate ( int]e/ is fix$4 ,let u suppose t a company is capitaliz$ & pr9ts /ock to ! am\nt ( #ajj1jjj4 ,?is company sells #hj1jjj wor?1 & ! (fic]s believe t !y c =ce ! ent]prise to success ) ! money on h&4 ,n[1 x foll[s t1 ) ! same am\nt ( e>n+s1 ! pr(its on #hj1jjj w be great] ?an on #ajj1jjj1 s ! #bj1jjj unsold /ock is held 9 res]ve4 ,if to ext5d ! bus9ess1 or = any o!r reason1 x is necess>y to h m money1 ! treasury /ock may be sold to secure ! extra capital4 ,if ! bus9ess is plac$ on a basis :]e its success is beyond all "q1 !n ! treasury /ock may be divid$ pro rata betwe5 ! hold]s ( ! o!r /ock1 =1 till dispos$ ( 9 "s way1 x 0 an asset common to ! :ole company4 ,ea* /ock c]tificate tells :5 divid5ds are decl>$2 !y may be paid qu>t]ly1 half ye>ly1 or annually4 ,,*apt] ,,xxiii ,,bonds ,,z ,,inve/m5ts ,! be/ way 9 :i* sav+s c be inve/$ is to use !m 9 ! ext5sion ( ! bus9ess 9 :i* !y 7 made4 ,! wage e>n] & ! man on a sal>y _c1 ( c\rse1 d ?is1 b ! f>m]1 ! small tradesman1 & ! me*anic1 :o is 8 own employ]1 may be able to d s4 ,& s1 be=e look+ = a field = inve/m5t outside1 su* m5 %\ld look ab\t !m & consid] h[ be/ ! money may be us$ "r on ! gr\nd4 ,,z ,,to ,,bonds ,b aft] consid]+ ! po9ts sugge/$1 ! man :o has "s money may n be able to f9d a secure & pr(itable place = x 9 or ne> 8 own home4 ,"o ( ! safe/ =ms ( inve/m5ts is bonds1 ?\gh1 z ) o!r =ms ( security1 ! rate ( int]e/ decl9es z ! m>g9 ( safety increases4 ,if a well-e/abli%$ /ock company %\ld wi% = any reason to increase its available ca%1 x may issue bonds1 or c]tificate ( indebt$ness1 be>+ f f\r to five p] c5t int]e/1 payable semi-annually4 ,^! bonds may be transf]r$ ! same z /ock4 ,!y are a good =m ( security :5 x is desir$ to borr[ money f ! bank1 & = _m purposes !y are z available z s mu* ca%4 ,su* bonds are issu$ = a specifi$ numb] ( ye>s & h c\pons atta*$1 :i* are cut (f :5 int]e/ is due1 & pres5t$ to ! treasur] ( ! company = paym5t4 ,^! bonds are secur$ by a mortgage or de$ ( tru/ on all ! prop]ty ( ! corporation !y repres5t4 ,to r$eem ^! bonds1 :5 due1 ! company annually sets ap>t a sum1 kn[n z a ,s9k+ fund1 = _! r$emption4 ,su* bonds are f> saf] ?an any =m ( ! company's /ock1 = !y be> int]e/ t mu/ be met1 :e!r or n divid5ds are decl>$4 ,z ) a real e/ate mortgage1 ! prop]ty pl$g$ 9 ! bond %\ld be def9$4 ,,railroad ,,bonds ,e railroad 9 ! c\ntry has be5 built & equipp$ by ! sale ( its bonds4 ,9 su* cases am\nts ( /ock ( ! same1 or approximately ! face value ( ! bond1 h be5 giv5 to ! pur*as] z a bonus or inducem5t4 ,( c\rse1 ! controll+ /ock is always reta9$ by ! promot]s2 & x is ?r\gh ! repres5tation ( ?is /ock t all ! bus9ess ( ! corporation is c>ri$ on4 ,! cases are few :]e any money 0 paid directly = ! orig9al issue ( any railroad /ock4 ,bonds sold to build a road are usually kn[n z con/ruction bonds4 ,!re may be ano!r bond issue = equipm5t--) a /ock bonus--& /ill o!r bonds1 ea* s]ies /at+ ! prop]ty pl$g$ & ! purpose = :i* ! money f sales is to be us$4 ,! ,*ri/ian ,h]ald1 9 "o ( its rec5t f9ancial articles1 cle>ly def9es ?is species ( bonds1 z foll[s3 ,railroad bonds are usually pl$g$ by ! ,presid5t & ,treasur] ( ! railroad & by ! ,tru/ees1 to :om ! bonds are made out1 & :o mu/ def5d ! rights ( bondhold]s1 %\ld ! company fail to meet any ( ! obligations x und]took 9 ! mortgage de$4 ,9 o!r words1 a bond is ! ,corporation's promissory note = ! money orig9ally paid by ! inve/or1 ) int]e/ = ! same1 to be paid to ! inve/or 9 /at$ am\nts at /at$ int]vals2 & to gu>antee its good fai? 9 ! matt]1 ! ,company pl$ges ! bondhold] an int]e/ 9 c]ta9 prop]ty 9 its possession4 ,x foll[s t a bond has a fir/ call ^u ! prop]ty rights ( ! corporation2 t x repres5ts some?+ tangible2 t x pays a def9ite am\nt ( int]e/1 & t x may be r$uc$ at its full value at a c]ta9 "t4 ,,buy+ ,,bonds ,bonds1 l :eat1 h _! sell+ prices quot$ f day to day1 & !y are equally a ?+ ( pur*ase & sale4 ,!re are banks & brok]age firms t make a specialty ( bonds1 & mo/ ( ^! h\ses are entirely reliable2 /ill1 ! novice 9 su* ?+s w\ld d well to inve/igate = himself be=e inve/+ 9 any bond recomm5d$ by any sell]4 ,x is ! purpose ( ! sell] to sell2 x %\ld be equally ! purpose ( ! buy] n to be sold4 ,our gov]nm5t1 /ate & municipal bonds speak = !mselves1 & 9 ! ma9 require no exam9ation z to ! security1 ?\gh !re h be5 cities & ev5 /ates t h default$ 9 _! paym5ts4 ,bond h\ses & banks ( e/abli%$ reputation _c af=d to deceive2 !y receive _! comp5sation 9 ! way ( commissions on sales1 & _! *>act]ization ( ! bonds may be accept$ )\t "q1 = !y inv>iably inve/igate ! bonds1 be=e !y l5d _! names to !m by (f]+ !m = sale4 ,if !re is any d\bt 9 ! m9d ( ! w\ld be pur*as] z to ! "* ( ! sell]1 t %\ld be ! fir/ ?+ inve/igat$4 ,:at ! buy] mu/ satisfy himself ( is3 #a4 ,:o is ! sell]8 #b4 ,:at d ! bonds repres5t8 #c4 ,are !y negotiable8 & #d4 ,c !y be sold aga9 = ab\t _! face value8 ,e "o :o has sav$ money1 x is to be suppos$1 has a bank acc\nt & is acqua9t$ ) ! presid5t ( 8 local bank4 ,:5 9 d\bt1 ! advice ( su* a man may be ( great help4 ,,*apt] ,,xxiv ,,?+s ,,to ,,rememb] ,if a man is mak+ a liv+ he %\ld n *ange 8 bus9ess aft] he has pass$ middle life1 unless1 inde$1 he has a gu>antee t ! new v5ture w be greatly to 8 advantage4 ,! be/ bus9ess = ! av]age man is t :i* af=ds him ! mo/ pleasure 9 c>ry+ x on1 or at lea/ ) :i* he is mo/ famili>4 ,happ9ess 9 "o's "w means f> m ?an ! accumulation ( a =tune 9 discom=t4 ,,don',t ,,deceive ,,y\rself ,hav+ made y\r cr$it & bus9ess /&+ good1 keep !m good by an adh]5ce to ! same c\rse4 ,if y c avoid x1 d n loan y\r "n to e ne$y fri5d t comes along4 ,y\r neighbors "q y\r good judgm5t e "t y h to meet a note :i* y 7 coax$ into endors+4 ,y w\ld h sav$ y\rself by loan+ ! money outright4 ,d n deceive y\rself into ! belief t y are mak+ money :51 z a matt] ( fact1 y may be los+4 ,y buy an article = two doll>s & sell x = two & a half1 & y say to y\rself3 ,!re is fifty c5ts made4 ,b is x8 ,let u see4 ,be=e cr$it+ y\r bus9ess ) t fifty c5ts1 y %\ld h consid]$ ^! po9ts4 #a4 ,! loss ( int]e/ on t two doll>s4 #b4 ,y\r own "t or o!r "t paid =4 #c4 ,! capital inve/$ 9 ?+s n sold4 #d4 ,! r5t4 #e4 ,! transportation1 insurance1 heat1 light1 bad acc\nts1 unsalable goods1 taxes1 public donations1 & ! flood ( items t g to swell ! outlay ( e m]*ant1 :e!r 9 ! great city or at ! c\ntry crossroads4 ,,we$+ ,,out ,e man 9 trade %\ld make an inv5tory ( 8 /ock at lea/ once a ye>4 ,hav+ done ?is1 he %\ld give 8 /ock a fre% appe>ance1 :e!r new goods be add$ or n1 by relegat+ to ! scrap heap1 cell> or ! g>ret all ! d+y1 dirty1 disreputable /uff t he c\ld n sell or give away1 & :i* has induc$ sore eyes :5ev] se54 ,keep a /ock book4 ,q z important z keep+ ! /ock 9 ord] is keep+ ! books 9 good %ape4 ,at lea/ once a ye> ! books %\ld be we$$ out4 ,:y c>ry z bills collectable acc\nts :i* y h be5 assur$1 = ye>s1 w\ld nev] be paid8 ,wipe !m out & *>ge !m to pr(it & loss4 ,:]e ma*9]y is us$1 x is a good plan to *>ge (f e ye> t5 p] c5t ( ! co/2 ?is to make good ! loss f we> & te>4 ,x is only by annual h\se clean+s & acc\nt cle>+s t y c tell ab\t h[ y /&4 ,,let ,,y\r ,,wife ,,"k ,x is usually wise = a woman1 m>ri$ or s+le1 to keep h] real e/ate & h] money1 if %e h any1 9 h] own "n4 ,s also ) prop]ty b\ght ) h] money4 ,9 ^! cases ! woman %\ld deal ) h] husb&1 or ! memb]s ( h] family1 ! same z %e w\ld ) /rang]s ) :om %e is transact+ bus9ess4 ,"s may say t ?is sugge/s a want ( confid5ce & a lack ( t affection t %\ld exi/ betwe5 husb& & wife or ne> k9sfolk4 ,su* an objection is %e] s5tim5tality4 ,be z op5 h&$ & g5]\s z y w ) y\r lov$ ones1 b :5 x comes to bus9ess1 let ! "w be done 9 a /rictly bus9ess way or n at all4 ,_m a good bus9ess has gone to ru9 aft] ! dea? ( ! own] & manag] because he _h kept 8 wife 9 blank ignorance ( 8 affairs & ! way 9 :i* he conduct$ !m4 ,_m a bus9ess1 t j dragg$ along till ! dea? ( ! manag]1 has sprung into new life :5 ! wid[ took *>ge4 ,?is mu/ 9 "p be cr$it$ to natural ability & inborn pluck & en]gy1 b ev5 ^! gifts c\ld n h avail$ if ! woman _h be5 left 9 ignorance ( bus9ess me?ods4 ,wom51 l m51 are awkw>d 9 new positions1 n s mu* f a want ( ability z a lack ( exp]i5ce4 ,put ! av]age man sudd5ly 9 *>ge ( a h\se1 & he w soon demon/rate 8 helplessness4 ,! woman's deftness comes f h] exp]i5ce4 ,z f> z x is possible1 e husb& %\ld po/ 8 wife z to 8 me?ods ( do+ bus9ess4 ,he %\ld n keep h] ignorant ( 8 f9ancial affairs4 ,if he conceal f h] ! am\nt ( 8 secure hold+s1 x may be t he hopes to surprise h] at 8 dea?1 or long be=e t ev5t4 ,b if he h any reg>d = 8 family1 he %\ld n hide f h] ! obligations :i* may spell ru9 if ! wife is n prep>$ 9 advance to meet !m4 ,:e!r ! husb& lives or dies1 ! wife mu/ /ill c>e = ! *ildr5 & att5d to h] nev]-less5+ h\sehold duties4 ,?9k ( h] z tak+ on ! add$ burd5s ( a bus9ess ( :i* %e is ignorant4 ,!re are _m prosp]\s husb&s to :om :at has j be5 said w n apply1 b if y %\ld ask !m ! secret ( _! success !y w n hesitate to tell y t :5 !y m>ri$ !y took _! wives into full p>tn]%ip1 bus9ess secrets & all4 ,,*ildr5 ,,& ,,bus9ess ,:5 y s5d y\r *ildr5 to s*ool x is t ! tra9+ !re receiv$ may qualify !m to fight ! bett] ! ceaseless life battle4 ,( c\rse1 we %\ld n reg>d all education f a bus9ess viewpo9t4 ,money ap>t1 le>n+ is its own greate/ rew>d4 ,x wid5s ! horizon at e /ep1 & lifts ! s\l into /r5g? & a pr(\nd] wor%ip4 ,b x w n d to ov]look ! bus9ess side ( ! tra9+ :i* ! *ild %\ld receive 9 s*ool & out ( x4 ,x is all v well to tea* *ildr5 ! s\rces ( ! family rev5ue & ! way to secure x4 ,x is "r t !y %\ld be impress$ ) ! dignity ( labor & tra9$ 9 ! ways ( e>n+ money1 b x is f> m important t !y %\ld be taught h[ to sp5d money1 s z to get ! mo/ good f x1 once x is e>n$4 ,! boy or girl is 9 a safe way to le>n self-control & build up "* :5 he or %e1 ) "s nickels at comm&1 c pass a c&y or a fruit %op )\t be+ compell$ to sp5d _! ca% assets4 ,*ildr51 :]ev] x is possible1 %\ld be giv5 opportunities = e>n+ money1 :i* !y c feel is really & truly _! own4 ,!y %\ld n be made to feel t ! money is n actually !irs1 to d ) z !y please1 b !y %\ld be taught self- d5ial1 & t !y mu/ n get rid ( _! e>n+s by ! pur*ase ( ?+s n ne$$4 ,on ! f>m1 *ildr5 unconsci\sly le>n mu* ?r\gh occasional "w & con/ant obs]vation1 b away f ! f>m1 boys & girls are apt to "k little or no?+ ( ! "w 9 :i* ! fa!r1 ! bread w9n]1 is engag$4 ,:]e x is possible1 ! *ildr5 %\ld be made famili> by actual contact ) ! fa!r's "w4 ,?is k may nev] be us$1 /ill x w h value z a factor 9 ! *ild's tra9+1 = 9 our mod]n life all bus9ess is int]-relat$4 ,let ! y\ng/]s "k some?+ ab\t banks by entru/+ !m !re :5 old en\gh4 ,tea* !m to keep acc\nts ( _! own little money affairs1 _! e>n+s1 _! exp5ditures1 & _! balances4 ,if !y %\ld borr[1 ev5 a c5t1 see t !y return x at ! "t agre$ on4 ,impress on !m ! fact t debt is a burd5 :i* x is well to get rid ( z soon z possible1 if "o w\ld /& erect & be entirely free4 ,all ?is c be quietly inculcat$ into ! m9d ( ! *ild )\t mak+ him old-fa%ion$ or mis]ly4 ,! m he kn[s ( ! _w ! m he c enjoy x 9 a :olesome way4 ,,*apt] ,,xxv ,,wor? ,,kn[+ ,if ?+s are said 9 ?is *apt] t seem l a repetition ( ?+s already told1 x is t _! importance w>rants a repetition 9 ano!r =m4 ,,ov]-,,g5]osity ,!re are no pockets 9 a %r\d1 x is said4 ,true x is t we _c take mat]ial ?+s ) u to ! o!r side ( ! grave1 & s be=e ! end comes x is well to make prep>ations = _! disposition4 ,!re are ?ree ways ( gett+ possession ( prop]ty3 #a4 ,to h x giv54 #b4 ,to e>n x4 #c4 ,to /eal x4 ,we %all n consid] ! la/ me?od2 t is ! bus9ess ( ! law1 b let u look at ! fir/4 ,prop]ty is giv5 9 two ways3 #a4 ,by direct gift f "o to ano!r4 #b4 ,by w1 :5 ! am\nt is payable on ! dea? ( ! donor4 ,( c\rse1 ! wid[ & *ildr51 if !re be any1 are fir/ to be consid]$ 9 ei!r ( ! cases nam$4 ,_m p1 :5 ! end is ne>+1 ?9k t x is bett] to make sure t _! weal? w rea* ! "r h&s by giv+ x direct & at once4 ,n[1 no matt] ! nobility ( ! motive t prompts su* an act1 x is "o :i*1 on ! :ole1 _c be comm5d$4 ,x is all v well to sp5d available means 9 ord] to set a son or daught] up 9 bus9ess1 b su* sums1 if !re are o!r heirs1 %\ld be *>g$ aga9/ ! %>e ( ! probable donee1 ) int]e/1 & a record made ( ! same4 ,"u no circum/ances %\ld old p1 :o1 aft] rais+ a family & liv+ honorable lives1 h sav$ en\gh to own _! home & secure an income = _! decl9+ ye>s1 de$ or give ?is prop]ty to _! *ildr51 or to any "o else1 9 consid]ation ( _! hav+ all _! subsequ5t wants met4 ,! bett] way = ! f>m]1 ! m]*ant1 or ! manufactur]1 :5 he feels ! ye>s press+ heavily & t he c no long] att5d prop]ly to ! old dem&s on him1 is to %ift by a prop]ly drawn contract ! bus9ess managem5t ( ! ent]prise to 8 *ildr51 or to ^? :om he wi%es to place 9 *>ge4 ,9 ?is way ! own]%ip is n *ang$1 & if ! new managem5t %\ld prove to be ineffici5t1 x c be plac$ 9 m effici5t h&s4 ,,c>e ,,( ,,wills ,z has be5 said1 e p]son hav+ prop]ty ( any k9d to dispose ( %\ld make a w4 ,already ways h be5 giv5 z to h[ wills %\ld be made & e/ates adm9i/]$1 b to ^! x may be well to add ano!r po9t4 ,d n imag9e t ! mak+ ( a w %ort5s life4 ,too (t51 aft] ! demise ( a te/ator :o x is kn[n has made a w1 ! heirs _c f9d ! docum5t1 & ! lawy] :o drew x kn[s no?+ m ab\t x4 ,_m m5 leave _! wills ) _! lawy]s4 ,if ?is %\ld n be done1 !n x w\ld be well to keep x 9 ! safe ( ! bank 9 :i* ! te/ator has 8 acc\nt4 ,b :e!r 9 ^! places or ano!r1 !re %\ld be no d\bt z to ! exi/5ce ( a w1 or ! place 9 :i* x may be f\nd4 ,only ! la/ w %\ld be kept2 all prec$+ wills %\ld be de/roy$4 ,,c>e ,,( ,,pap]s ,:ile writ+ ab\t ! c>e ( wills1 we are /ruck ) ! recollection t wills are n ! only pap]s ( value t are apt to be mislaid or lo/4 ,nev] pay out money )\t tak+ a receipt1 & nev] receive money )\t giv+ "o4 ,y are n responsible = ! c>e ( ! receipts y give1 b y c]ta9ly are = ! receipts y receive4 ,! tra9$ bus9ess man has a place = ev]y?+1 b !re is no reason :y ! man n s well tra9$ %\ld h to turn 8 %op or 8 home upside d[n e "t he wants a pap] t proves he has paid a bill1 :i* he mu/ pay aga9 if t receipt is lo/4 ,ev]y?+ may be reg>d$ z lo/ t _c be f\nd1 ev5 if y are sure x is ab\t some:]e4 ,no valuable pap] %\ld be ab\t4 ,! only place = x is j :]e y c lay y\r h& on x :5 want$4 ,9 addition to keep+ y\r pap]s :]e !y c be f\nd ! in/ant !y are want$1 see to x t e pap] is self- explanatory & cle> ( mean+ on ! face ( x4 ,,*ecks ,,& ,,/ubs ,x has be5 advis$ t ! /ub be always fill$ out be=e ! *eck1 & t ! *eck be !n copi$ f ! /ub4 ,?is c\rse w greatly less5 ! *ances ( disagreem5t betwe5 ! two4 ,:5 ! la/ *eck 9 ! book has be5 fill$ & torn out1 d n ?r[ away ! /ubs4 ,!y conta9 important data & may be ( use 9 prov+ paym5t %\ld a "q arise4 ,9 l mann]1 nev] de/roy ! cancell$ *ecks h&$ y by ! ca%i] :5 y\r bank acc\nt has be5 balanc$4 ,ea* ( ^! *ecks1 if drawn to ord] z x %\ld be1 is a receipt1 a v\*]1 = "s paym5t t may possibly be dem&$ aga94 ,be on ! safe side4 ,,s5d+ ,,away ,,money ,x may be well to repeat aga91 9 m cond5s$ =m1 j h[ money may be safely s5t to a di/ance4 #a4 ,by bank draft1 payable to y\r ord] & endors$ ov] to ! p]son :om y wi% to pay4 ,! p>ty receiv+ ! draft mu/ endorse x be=e he c collect1 & ?is endorsem5t is a receipt = ! money1 z ! cancell$ draft mu/ ev5tually come into y\r possession4 #b4 ,y c buy an express ord] up to fifty doll>s1 b y may s5d money 9 a package to any am\nt4 ,only banks or l>ge deal]s 9 money d ?is4 ,l ! bank draft1 ! express ord] mu/ be endors$ by ! receiv]1 & ! express company returns x to y1 :5 x becomes a receipt4 #c4 ,by po/ (fice ord]s1 up to "o hundr$ doll>s4 #d4 ,by po/al notes1 9 small am\nts4 #e4 ,by telegraph4 #f4 ,by transmitt+ a p]sonal *eck4 #g4 ,by a tru/$ mess5g] au?oriz$ to get a receipt4 ,! bank draft is ! v be/ way ( transmitt+ money4 ,z has be5 said1 drafts c be b\ght at any bank1 & !y %\ld always be made payable to y\r ord]4 ,y want to pay a bill ( goods to ,lloyd1 ,smi? & ,company1 ,new ,york1 s y sign on ! back ( y\r draft = ! am\nt3 ,pay to ! ord] ( ,lloyd1 ,smi? & ,company1 ,h5ry ,c4 ,robb9s4 ,lloyd1 ,smi? & ,company mu/ endorse ! draft be=e x c be ca%$4 ,! draft1 aft] paym5t1 is return$ to y1 & x becomes ! be/ =m ( receipt4 ,,lo/ ,,9 ,,mails ,7 y ev] at ! ,dead ,lett] ,(fice 9 ,wa%+ton8 ,if y h nev] paid su* a visit1 y c =m no conception ( ! tons1 ! hundr$s ( ?\s&s ( lett]s & p>cels t are lo/ e ye> 9 ! mails4 ,unacc\nt$ = drafts1 *ecks1 po/al ord]s1 books1 jewelry1 m$ic9e1 ev]y?+1 inde$1 t ! mails w agree to c>ry1 may be f\nd pil$ 9 t cemet]y ( lo/ communications1 ! ,dead ,lett] ,(fice4 ,h y add$ to ! mortu>y li/8 ,all ^! dea?s1 l _m ( liv+ creatures1 are due to c>elessness4 ,z a rule1 ! s5d] is to blame4 ,he has misdirect$4 ,he has plac$ pap]s n prop]ly fold$ 9 ! envelope & !n neglect$ to seal x4 ,he has neglect$ to write any address at all1 & dropp$ ! lett] into ! box4 ,aga9 he has address$ ! p>cel1 b nei!r m5 nor angels c deciph] ! writ+4 ,,m ,,ab\t ,,notes ,! note1 z has be5 said1 is "o ( ! mo/ usual =ms ( obligation1 yet misund]/&+s (t5 arise z to its settlem5t4 ,"h are ! po9ts t mu/ be att5d$ to1 nor %all we (f] any excuse = repeat+ !m collectively3 #a4 ,! date & am\nt mu/ be s pla9ly writt5 z to leave no d\bt z to ei!r4 #b4 ,! rate ( int]e/1 if any1 mu/ be cle>ly express$4 #c4 ,! po/ (fice address ( ! sign] or signees mu/ be writt5 opposite ! "n4 #d4 ,! note %\ld be made payable at a def9ite place & on a def9ite date4 #e4 ,9 tak+ a note or o!r obligation f a p]son :o _c write1 be sure to h 8 x m>k witness$4 ,%\ld y receipt c]tificates ( /ock z security = ! paym5t ( a note1 or ! paym5t ( any o!r debt1 be sure to notify ! company issu+ !m4 ,9 giv+ ?is notice1 :i* %\ld be done at once1 /ate cle>ly ! numb] ( %>es y hold1 ! numb] ( ! c]tificates & to :om issu$4 ,! en=cem5t ( ?is rule w dep5d altoge!r on ! "* ( ! p]son ) :om y are deal+4 ,nev]1 if y c help x1 buy a pa/ due note1 especially if x is n secur$ by a mortgage4 ,if a note1 :i* a ?ird p>ty has endors$1 becomes due1 nev] agree to an ext5sion ( "t )\t gett+ ! writt5 cons5t ( ! endors]4 ,_m m5 h lo/ ?r\gh _! ignorance ( ?is ess5tial transaction4 ,,*apt] ,,xxvi ,,look ,,be=e ,,y ,,leap ,we are n q ?r\gh ) ! note4 ,:5 mak+ a paym5t ( pr9cipal or int]e/ on a note1 be sure to take a receipt = ! am\nt1 /at+ specifically :at ! paym5t is to be cr$it$ to4 ,9 addition1 if x be possible1 see t ! sum paid be endors$ on ! back ( ! note itself4 ,! endorsem5t ( ! sum paid on ! back ( ! note b>s its be+ negotiat$ = m ?an ! am\nt actually due4 ,sometimes ! own] & ! mak] ( a note live at po9ts "s di/ance ap>t4 ,if y 7 ! mak] ( ! note1 & want$ to make a paym5t1 b wi%$ to avoid ! exp5se & annoyance ( a trip1 :at %\ld be done8 ,9 ?is case a good plan w\ld be to write to ! own] ( ! note1 ask+ him to s5d x by a c]ta9 bank 9 y\r neighborhood :]e y c pay4 ,! bank w receive ! ca%1 make ! endorsem5t 9 y\r pres5ce1 & !n s5d its *eck = ! am\nt ) ! note to ! own]4 ,y mu/ pay ! co/ ( ?is transaction4 ,or y may s5d ! am\nt to be cr$it$ on y\r note1 ?r\gh a bank draft1 z already indicat$4 ,nev] de/roy a cancell$ note4 ,,notes ,,9 ,,bank ,if y h money at a bank y\r note w =m ! *ief evid5ce ( indebt$ness & be ! pap] = :i* ! security is pl$g$4 ,keep c>eful track ( ! date ( paym5t & ! am\nt4 ,!re mu/ be no neglect or c>elessness4 ,nev] p]mit y\r note to g to prote/4 ,if = any reason paym5t _c be made at ! "t fix$1 !n ! bett] way is to g1 z soon z ?is is le>n$1 to ! bank or o!r hold] ( ! note1 & frankly expla9 ! situation4 ,bank]s are n %ylocks4 ,!y realize t good & responsible m5 are (t5 disappo9t$ 9 _! collections1 or 9 ! paym5t ( a sum on :i* !y dep5d$ = ! settlem5t ( _! acc\nt ) ! bank1 & 9 su* a case !y are usually will+ to grant an ext5sion4 ,private individuals1 z note hold]s1 %\ld be treat$ 9 j ! same way4 ,,well ,,to ,,"k ,:5 call+ at a bank = y\r note1 always give ! exact date on :i* ! note falls due4 ,if ! note belongs to ano!r p>ty1 & is held by ! bank = collection1 !n m5tion ! "n ( ! p]son to :om x 0 orig9ally giv54 ,if ! bank has s5t y a writt5 notice ab\t ! note1 take ! notice ) y4 ,x w be f\nd to conta9 all ! desir$ facts4 ,banks keep _! own notes 9 "o place & ^? ( _! cu/om]s 9 ano!r4 ,banks keep ea* date by itself1 & c s f9d requir$ notes m readily if ! own]'s names & ! dates are giv54 ,,dis*>g+ ,,li5s ,rememb] a mortgage is a li5 or security giv5 = ! paym5t ( a note4 ,if y get a mortgage1 h x record$ at once4 ,if y pay (f a mortgage1 take x at once to ! (fice ( record & h ! dis*>ge ( ! in/rum5t prop]ly ent]$ on ! folio 9 :i* ! mortgage is record$4 ,_m lawsuits h result$ f ! tempor>y neglect ( ?is important duty4 ,,be ,,prompt1 ,,b ,,n ,,too ,,prompt ,sometimes a man w give a numb] ( notes & secure !m by "o mortgage4 ,! notes may pass into ! h&s ( a numb] ( p4 ,let u suppose t y hold "o note & ! mortgage1 & t ! mortgagee comes to y & t5d]s ! am\nt ( y\r note1 %\ld y !n surr5d] ! mortgage to him8 ,by no means1 until ! la/ note is paid t mortgage rema9s z security1 & ! hold] ( x is responsible = its safety to ! hold]s ( ! o!r notes4 ,9 su* a case x is bett] to h ! mortgage held by "o p>ty = ! protection ( all4 ,,be ,,9 ,,no ,,ha/e ,,to ,,inve/ ,:5 a p]son n accu/om$ to manag+ money comes into ! possession ( a sum t x is n safe to c>ry ab\t 9 ! pocket1 :at %\ld he d ) x8 ,obvi\sly ! fir/ answ] to ?is "q mu/ be ,he %\ld put x 9 ! bank4 ,we h already giv5 h9ts z to inve/m5ts1 & to ^! x is n necess>y to ref] aga91 we are n[ consid]+ ano!r & n an unusual phase ( su* a case4 ,"y m5 & wom5 ( all ages are v apt to be inexp]i5c$ 9 ^! matt]s4 ,z soon z x becomes kn[n t su* p h come into ! possession ( a goodly am\nt ( ca%1 :i* !y are n consid]$ compet5t to manage1 x is surpris+ h[ pa/ acqua9tances sudd5ly pose z old & unselfi% fri5ds1 ea* ) a s*eme = d\bl+ ! money :ile ! own] is look+ at x4 ,n[1 !re may be good1 hone/ fri5ds :o are eag] to advise & help 9 a case ( ?is k9d1 b !y are sure to be outnumb]$ by advis]s :o h _! own little axes to gr9d4 ,our advice is ,don't be 9 a hurry to inve/4 ,y\r ca% is q safe :ile 9 bank4 ,b no matt] h[ promis+1 d n inve/ y\r money 9 a bus9ess y "k no?+ ab\t1 ev5 if x does c>ry ) x a position & a sal>y4 ,f9d a good hone/ lawy]1 despite sne]s to ! contr>y1 we believe mo/ m5 9 ! pr(ession are ( ?is "*1 & ask 8 advice1 & pay = 8 help if pap]s are to be drawn4 ,buy+ r5table real e/ate is usually a good inve/m5t1 provid$ always t ! price is reasonable1 ! title cle>1 & ! *ances ( its advancem5t pretty c]ta94 ,,meet ,,y\r ,,dues ,,promptly ,x is e/imat$ t e man & woman 9 ! ,unit$ ,/ates belongs to "o or m societies ( "s "*1 & ?is is n an ov]/atem5t4 ,e memb] ( su* an organization is su* by reason ( election & ! paym5t ( dues4 ,if y are a memb] (1 or a pl$g$ contributor to1 a *ur*1 lodge1 grange1 or o!r society1 y %\ld reg>d ! prompt paym5t ( y\r dues z sacr$ z any o!r =m ( obligation4 ,! exp5ses ( a prop]ly conduct$ *ur* are always consid]able1 ev5 9 small communities4 ,x is a disgrace to ! ,*ri/ian organization t1 aft] =c+ d[n ! pa/or's comp5sation to ! b>e/ co/ ( life's necessities1 !n =ce him to run into debt if he & 8 family w\ld live1 or to be =c$ cont9ually to rem9d ! tru/ees t 8 sal>y is f> 9 arre>s4 ,if y belong to a lodge or o!r society1 leave x if y hone/ly feel t y _c af=d ! dues4 ,neglect to d ?is & y\r "n w be dropp$ f ! rolls on :i* x nev] %\ld h be5 plac$4 ,,c\nt+ ,,money ,nev] receive money f any "o )\t c\nt+ x4 ,c\nt x at once & 9 ! pres5ce ( ! giv]4 ,let x make no diff]5ce1 bank]1 m]*ant1 k9sman or fri5d1 d n fe> to give (f5ce1 b "r !n & !re1 c\nt ! money he gave y4 ,( c\rse1 ^! p are hone/1 b did x ev] occur to y t hone/ p (t5 make mi/akes8 ,:5ev] y pay ano!r money1 if he does n d s himself1 y %\ld insi/ t he c\nt x 9 y\r pres5ce4 ,if y d ?is y won't lose a fri5d1 b if y d n d x y may make an enemy1 %\ld ! man come back to say y made a mi/ake & und]paid him1 & y v prop]ly refuse to honor 8 claim4 ,,ready ,,money ,d n1 if y c possibly avoid x1 keep money ar\nd y\r h\se1 9 y\r place ( bus9ess1 or on y\r p]son4 ,! pr(essional ?ief is ev] on ! wat* = *ances to take unto himself all ! money 9 sight4 ,pickpockets reap _! h>ve/ f money c>ri]s4 ,! burgl> may /eal or fire may de/roy money left 9 ! h\se4 ,a bank1 if n ne> "o !n a safe1 is ! be/ place = money1 ?\gh safes h be5 brok5 into & robb$4 ,d n make a display ( money at any "t1 b p>ticul>ly 9 a public place4 ,if y are draw+ money f a bank1 c\nt x quickly & quietly1 !n secure x 9 an inside pocket t _c be rea*$ )\t unbutton+4 ,nev] ca% a *eck = a man :om y d n "k to be squ>e4 ,! same applies to ! endorsem5t ( *ecks4 ,,9 ,,travell+ ,always be c\rte\s 9 travell+1 b nev] take ! *ance acqua9tance ( ! /eamboat or c> into y\r confid5ce4 ,keep an eye on ! man :o =tunately is go+ j y\r way4 ,wat* out = ! fell[ :o kn[s ! lead+ m5 ( y\r t[n & is a c\s9 ( ,judge ,smi?4 ,d n respond if su* m5 ask y to ca% a small *eck or make a slight advance till 8 draft arrives4 ,d n accept ! invitation ( /rang]s to visit any place4 ,avoid ! confid5ce ( ! ov]-dress$1 b slightly intoxicat$ "y fell[ :o has be5 out ) college *ums4 ,he is n a college man1 nor has he be5 dr9k+4 ,,*apt] ,,xxvii ,,contractions ,,& ,,signs ,,us$ ,,9 ,,bus9ess ,italian ditto--,! same z above4 ,degrees4 ' ,primes1 ,m9utes1 ,te/4 ,seconds1 ,in*es4 ,?us1 #g #bj' #aj 9 circul> measure1 or #g' #bj #aj''' 9 duodecimal long measure4 ,i#a ,"o & "o-f\r?4 ,i#b ,"o & "o-half4 ,i#c ,"o & ?ree-f\r?s4 ,lat9 plus1 m--,addition4 - ,lat9 m9us1 less--,subtraction4 ,x ,by1 or into4 ,multiplication4 ,also area1 z #bj ,x #e1 read #bj by #e1 means #bj long & #e wide4 ,divid$ by--,division4 ,! 3 above is also a sign ( division z us$ 9 ratio1 ?us1 #d3g2 & ! -- alone is a sign ( division z us$ 9 writ+ fractions1 ?us1 #d_/g4 ,equals4 ,! d\ble 331 z us$ 9 proportion1 is also a sign ( equality1 ?us1 #d3g33ab3ba4 ,p] c5tum4 ,by ! hundr$4 ,rate ( int]e/4 ,p ,p]1 by or ?r\gh4 ,doll>s2 said to be a contraction ( ,u4 ,s4 = ,unit$ ,/ates money4 ,means ,numb]1 if be=e a figure1 z #ij1 b p\nds if writt5 aft]1 z #ij4 ,lat9 ad41 mean+ to or at4 ,a#a4 ,fir/ ,class1 ! be/4 ,a4 or ,ans4 ,answ]4 ,acc41 ,acct4 or a_/c1 ,acc\nt4 ,adv4 ,lat9 ad valorem1 accord+ to value4 ,admr4 ,adm9i/rator4 ,admx4 ,adm9i/ratrix4 ,adv4 or ,ad41 ,adv]tisem5t4 ,agt4 ,ag5t4 ,amt4 ,am\nt4 a_/o ,at sight or ,acc\nt ,sales4 ,ass'd4 ,assort$4 ,as/4 ,assi/ant4 ,bal4 ,balance4 ,b4,b4 ,bill ,book4 ,bbl4 ,b>rel or ,b>rels4 ,bdls4 ,bundles4 ,b_/,e ,bill ( ,ex*ange4 ,bgs4 ,bags4 ,bk4 ,bank2 ,book4 ,bkts4 ,baskets4 ,b_/,l ,bill ( ,lad+4 ,blk4 ,black4 ,bls4 ,bales4 ,bot4 ,b\ght4 ,b4,p4 ,bills ,payable4 ,b4,rec4 ,bills ,receivable4 ,bro't4 ,br\ght4 ,bu4 ,bu%el or ,bu%els4 ,bx4 ,box or ,boxes4 ,ca%4 ,ca%i]4 ,c4,b4 ,ca% ,book4 ,*gs4 ,*anges4 ,*ts4 ,*e/s4 ,c4,h4 ,c\rt ,h\se2 ,cu/om ,h\se4 ,c4,f4,s4 ,c>riage & ,insurance ,free4 ,cks4 ,casks or ,*ecks4 ,clk4 ,cl]k4 ,co4 ,company2 ,c\nty4 ,c4,o4,d4 ,ca%1 or ,collect1 on ,deliv]y4 ,col4 ,collection4 ,com4 ,commission4 ,con/4 ,consignm5t4 ,cor4 ,sec4 ,correspond+ ,secret>y4 ,cr4 ,cr$it2 ,cr$itor4 ,c4,s4,b4 ,commission ,sales ,book4 ,ct4 or c4 ,c5t1 ,lat9 ,c5time1 a hundr$4 ,cts4 ,c5ts4 ,cwt4 ,a hundr$ weight4 ,d4 ,b4 ,day ,book4 ,d_/d4 ,days aft] date4 ,dept4 ,dep>tm5t2 ,depm5t ,dft4 ,draft2 ,def5dant4 ,disct4 ,disc\nt4 ,div4 ,divid5d1 ,division2 ,divide1 ,divisor4 ,d4 ,! same4 ,doz4 ,doz54 ,dr4 ,debtor2 ,doctor4 ,d_/s or d4s4 ,days aft] sight4 ea4 ,ea*4 ,e4,e4 ,errors except$2 ,ells ,engli%4 ,e4g4 ,lat9 ,exempli gratia4 ,= example4 ,encl4 ,enclos$4 ,e4,o4,e4 ,errors & omissions except$4 et4 al4 ,lat9 et ,alii1 ,& o!rs4 ,ex*4 ,ex*equ]2 ,ex*ange4 ,ex'x4 ,executrix4 ,exp4 ,export2 ,export]2 ,exp5se4 ,fahr4 ,fahr5heit4 ,fav4 ,favor4 ,fir4 ,firk94 ,fo4 or ,fol41 ,folio4 ,f4,o4,b4 ,free on ,bo>d4 ,fo'd4 ,=w>d4 fr4 ,f4 ,frt4 ,freight4 ,gal4 ,gallon2 ,gallons4 ,gr4 ,gra91 ,gra9s4 ,gu>4 ,gu>antee4 ,hdk'f4 ,h&k]*ief4 ,hf4 *ts4 ,half ,*e/s4 ,hhd4 ,hog%ead4 ,hon4 ,honorable4 ,hund4 ,hundr$4 ,i4,b4 ,invoice ,book4 i4e4 ,lat9 id e/4 ,t is4 ,incor4 ,incorporat$4 ,ins4 ,insurance4 in/4 ,in/ant1 ! pres5t mon?4 ,int4 ,int]e/4 ,9 trans4 ,lat91 ,9 transito4 ,9 ! passage4 ,inv4 ,invoice4 ,inv4 ,inv5tory4 ,jr4 ,junior4 ,kg4 ,keg4 ,l or lb4 ,lat9 ,libra1 ,a p\nd 9 weight4 ,l_/,c ,lett] ( ,cr$it4 ,l$4 ,l$g]4 ,l4,f4 ,l$g] ,folio4 ,l4,s4 ,left ,side1 or 9 ,lat91 ,locus ,sigilli1 ,place ( ! ,seal4 ,m4 ,"o ?\s&4 ,manuf4 ,manufacture2 ,manufactur]4 ,mdse4 ,m]*&ise4 ,mem4 ,memor&um4 ,messrs4 ,fr5* ,messieurs1 ,g5tlem51 ,sirs4 ,mf'd4 ,manufactur$4 ,mf/4 ,manife/4 ,mme4 ,madame1 ,fr5*4 ,mmes4 ,mesdames1 plural4 ,mo4 ,mon?4 ,mol4 ,molasses4 ,mr4 ,ma/] or ,mi/]4 ,mrs4 ,mi/ress1 usually pron\nc$ ,missis4 ,mtg4 ,mortgage4 ,n4,a4 ,nor? ,am]ica4 ,nav4 ,navigation4 ,n4,b4 ,lat9 ,nota b5e4 ,note well1 or ,take ,notice4 ,no4 or ,numb]4 ,n4,p4 ,not>y ,public4 ,o4,b4 ,ord] ,book4 ,o4,k4 ,all ,correct4 ,oz4 ,ounce or ounces4 ,p4 ,page2 p9t2 pile2 "p4 ,payt4 ,paym5t4 ,pcs4 ,pieces4 ,pd4 ,paid4 ,p] an1 or p4 a41 ,lat9 p] annum4 ,by ! ye>4 ,p] c5t4 ,by ! hundr$4 ,pk4 ,peck4 ,pkg4 ,package4 ,p4 ,l4 ,pr(it & ,loss4 ,p4,o4,d4 ,pay on ,deliv]y4 ,p4,o4,o4 ,po/ ,(fice ,ord]4 ,pp4 ,pages4 ,pr4 or p]4 ,by4 ,prem4 ,premium4 ,prox4 ,lat9 ,proximo m5ve4 ,next mon?4 ,p4,s4 ,po/ ,script4 ,pub4 ,publi%]2 ,public4 ,pwt4 ,p5nyweight4 ,qr4 ,quire2 ,qu>t]1 #bh lbs4 ,qt4 ,qu>t2 ,quantity4 ,rec'd4 ,receiv$4 ,ret'd4 ,return$4 ,r4 ,r4 ,railroad4 ,ry4 ,railway4 ,s4,b4 ,sales ,book4 ,s*4 ,s*oon]4 ,%ipt4 ,%ipm5t4 ,s4,o4 ,sell]'s ,option1 a /ock phrase4 ,sig4 ,signature4 ,s4,s4 ,/eam%ip4 ,/4 ,sa9t2 ,/reet2 ,sight4 ,/4 ,dft4 ,sight ,draft4 ,/or4 ,/orage4 ,/r4 ,/eam]4 ,sunds4 ,sundries4 ,supt4 ,sup]9t5d5t4 ,t4,b4 ,"t ,book4 ,treas4 ,treasur]4 ,ult4 ,lat91 ,la/ ,mon?4 ,u4,s4,a4 ,unit$ ,/ates ( ,am]ica4 ,unit$ ,/ates ,army4 ,u4,s4,m4 ,unit$ ,/ates ,mail4 ,u4,s4,n4 ,unit$ ,/ates ,navy4 ,ves4 ,vessel4 ,via4 ,by way (4 ,lat94 ,v4-,pres4 ,vice-,presid5t4 ,viz4 ,contraction f ,lat9 videlicet4 ,namely1 to wit4 ,vol4 ,volume4 ,vs4 ,lat9 v]sus4 ,aga9/4 ,w4,b4 ,way ,bill4 ,wt4 ,weight4 ,x ,extra4 ,,xx ,d\bly ,extra4 ,y4 or ,yr4 ,ye>4 ,yd4 ,y>d4 ,,*apt] ,,xxviii ,,words ,,& ,,phrases ,,us$ ,,9 ,,bus9ess ,,acc\nt ,,curr5t4 ,a runn+ acc\nt betwe5 two p]sons or firms4 ,,acc\nt ,,sales4 ,a detail$ /atem5t ( ! sale ( goods by a commission m]*ant1 %[+ also ! *>ges & net proce$s4 ,,adm9i/rator4 ,a man appo9t$ by ! ,c\rt to settle ! e/ate ( a deceas$ p]son4 ,,adm9i/ratrix4 ,a woman appo9t$ by ! ,c\rt to settle ! e/ate ( a deceas$ p]son4 ,,ad ,,valorem4 ,accord+ to value4 ,a t]m us$ 9 ! ,cu/om ,h\se 9 e/imat+ ! duties on import$ goods4 ,,affidavit4 ,a writt5 decl>ation "u oa?4 ,,annuity4 ,an annual all[ance2 a sum to be paid ye>ly1 to cont9ue = life or a fix$ p]iod4 ,,annul4 ,to cancel2 to make void4 ,,ant$ate4 ,to date be=e "t ( writ+4 ,,apprais$4 ,! act ( plac+ a value on goods4 ,,apprais]4 ,a p]son appo9t$ to value real or p]sonal prop]ty4 ,,arbitration4 ,! settlem5t ( a disput$ "q by a p]son *os5 by ! p>ties to ! dispute4 ,,assets4 ,! total res\rces ( a p]son 9 bus9ess4 ,,assignee4 ,a p]son to :om ! prop]ty ( a bankrupt1 or an insolv5t debtor1 is transf]r$ = adju/m5t = ! b5efit ( ,auditors4 ,,assignm5t4 ,! act ( transf]r+ prop]ty to ! ,assignee4 ,,atta*m5t4 ,a w>rant = ! purpose ( seiz+ a man's prop]ty4 ,,balance ,,%eet4 ,a /atem5t 9 cond5s$ =m1 %[+ ! condition ( a bus9ess4 ,,bankable4 ,receivable at a bank at p> or face value4 ,,bank ,,balance4 ,net am\nt on deposit 9 bank4 ,,bill ,,( ,,lad+4 ,a writt5 acc\nt ( goods %ipp$1 & ! condition ( same1 hav+ ! signature ( ! c>ri]1 & giv5 to %ipp] z a receipt4 ,,bill ,,( ,,sale4 ,a bill giv5 by ! sell] to ! buy]1 transf]r+ ! own]%ip ( p]sonal prop]ty4 ,,bo>d ,,( ,,trade4 ,an association ( bus9ess m5 = ! regulation ( comm]cial int]e/s4 ,,bona ,,fide4 ,lat91 9 good fai?4 ,,bond4 ,an in/rum5t "u seal1 by :i* a p]son b9ds himself1 8 heirs or assigns1 to d or n to d c]ta9 ?+s4 ,,bond$ ,,goods4 ,goods /or$ 9 a bond$ w>eh\se or 9 bond$ c>s1 ! own] hav+ giv5 bonds secur+ paym5t ( import duties1 or ( o!r sums due ! ,gov]nm5t1 ^u _! arrival at "s specifi$ place at a specifi$ "t4 ,,bond$ ,,w>eh\se4 ,is a build+ 9 :i* goods are /or$ until ! duties or rev5ues on !m are paid4 ,,bondsman4 ,"o :o goes security = ! fai?ful p]=mance ( a contract4 ,,bonus4 ,a premium = a loan or o!r privileges4 ,,brok]4 ,an ag5t or middleman betwe5 ! buy] & ! sell]4 ,,bullion4 ,unco9$ gold or silv]4 ,,*>t]4 ,a writt5 au?ority f ! prop] ,national or ,/ate au?ority def9+ ! rights & privileges ( corporations4 ,,*>t] ,,p>ty4 ,a writt5 contract = ! hir+ or *>t]+ ( a %ip4 ,,*attel4 ,any k9d ( prop]ty except real e/ate4 ,,collat]al4 ,pl$ges ( /ocks1 notes1 or *attels z security = ! paym5t ( a loan4 ,,comm]ce4 ,! bus9ess ( ex*ang+ commodities betwe5 diff]5t places4 ,,commission ,,ag5t4 ,"o :o does bus9ess on ,commission4 ,,common ,,law4 ,! unwritt5 law1 ! law ( ,cu/om4 ,x receives its =ce f univ]sal usage4 ,,consignee4 ,! p]son to :om goods are s5t to be sold on commission4 ,,consignor4 ,! "o :o consigns 8 goods to an ag5t4 ,,contra4 ,lat94 ,on ! opposite side4 ,,cop>tn]%ip4 ,! jo9+ ( two or m p]sons into "o firm = ! purpose ( c>ry+ on any bus9ess4 ,,c\pon4 ,an int]e/ note or c]tificate1 atta*$ to a bond1 :i* is cut (f = collection :5 int]e/ is due4 ,,cr$5tials4 ,te/imonials ( au?ority2 pro(s ( good "*1 ,,demurrage4 ,money =feit$ = deta9+ a vessel beyond ! "t nam$ 9 h] ,*>t] p>ty4 ,,di%onor1 ,a failure to pay a note or o!r obligation :5 due4 ,a failure to accept a draft :5 pres5t$ = acceptance4 ,,dockage4 ,*>ge = ! use ( a dock4 ,,d[]4 ,! "r ( a wid[ to a "o-?ird int]e/ 9 all ! real e/ate own$ by h] husb& at any "t aft] _! m>riage4 ,,draft4 ,a writt5 ord] = ! paym5t ( money at a fix$ "t4 ,,drawee4 ,! p]son on :om a draft is drawn4 ,,duress4 ,p]sonal re/ra9t ( any k9d4 ,,e>ne/4 ,"p ( pur*ase money paid to b9d a b>ga94 ,,effects4 ,goods1 or prop]ty1 ( e k9d4 ,,emb>go4 ,an ord] ( ! ,gov]nm5t prev5t+ %ips f dep>t+ or l&+4 ,,equity4 ,! pr9ciples ( "r & ju/ice4 ,,equity ,,( ,,r$emption4 ,! "r all[$ a mortgagor ( a reasonable "t to r$eem mortgag$ realty4 ,,execution4 ,a writ au?oriz+ an (fic] to c>ry into execution ! judgm5t ( ! ,c\rt4 ,,fee ,,simple4 ,a title to real e/ate held )\t conditions by a p]son 9 8 own "r4 ,,=c$ ,,sale4 ,sale made "u compulsion4 ,,=w>d]4 ,"o :o att5ds to ! %ipp+ & re%ipp+ ( goods4 ,,gross ,,weight4 ,weight ( goods1 includ+ case or wrapp+4 ,,gu>antee4 ,a surety = ! p]=mance ( a contract4 ,,honor4 ,to pay or accept a draft :5 due4 ,,import4 ,duty paid on goods by import]4 ,,indemnify4 ,to recomp5se = loss or injury4 ,,indemnity4 ,a gu>anty aga9/ loss4 ,,ind5ture4 ,a writ+ conta9+ a contract4 ,,indorse4 ,to write "o's "n on ! back ( a note1 draft1 or o!r docum5t4 ,,injunction4 ,a writ ( ,c\rt1 by :i* a p>ty is re/ra9$ f do+ a c]ta9 act4 ,,inl& ,,bill4 ,a draft betwe5 p>ties 9 ! same c\ntry4 ,,insolv5cy4 ,inability to pay debts1 ,bankruptcy4 ,,inte/ate4 ,dy+ )\t hav+ made a w4 ,,9 ,,transitu4 ,9 a /ate ( go+ f "o place to ano!r4 ,lat94 ,,inv5tory4 ,an itemiz$ li/ ( goods1 or o!r prop]ty1 ) _! value z e/imat$ at ! "t4 ,,invoice ,,book4 ,a book 9 :i* invoices are kept4 ,,jettison4 ,goods ?r[n ov]bo>d to light5 a %ip 9 "t ( great dang]4 ,,jobb]4 ,"o :o buys f ! produc] to sell to ! retail]4 ,,job ,,lot4 ,an irregul> collection4 ,odds & ends unsold at ! end ( ! season4 ,,judgm5t4 ,! decision ( a ,c\rt4 ,,lease4 ,a contract grant+ possession & use ( prop]ty = a specifi$ "t4 ,,legacy4 ,a beque/2 a gift ( prop]ty by w4 ,,lessee4 ,"o to :om a lease is made4 ,,lett] ,,( ,,cr$it4 ,an op5 lett] au?oriz+ ! be>] to receive money on ! cr$it ( ! writ]4 ,,lic5se4 ,a legal p]mit to c>ry on a c]ta9 bus9ess4 ,,li54 ,a legal claim on prop]ty1 :i* mu/ be settl$ be=e prop]ty c be sold4 ,,light]4 ,a flat-bottom boat us$ 9 load+ & unload+ vessels at an*or4 ,,light]age4 ,*>ges = use ( light]4 ,,manife/4 ,a li/ ( articles compris+ ,%ip ,c>go4 ,,m>g94 ,diff]5ce betwe5 buy+ & sell+ price4 ,,m>9e4 ,p]ta9+ to ! sea4 ,,maturity4 ,! date :5 a comm]cial pap] becomes due4 ,,m]cantile ,,ag5cy4 ,a company t collects = ! use ( its patrons in=mation z to ! /&+ ( all bus9ess m5 9 ! c\ntry4 ,,m]cantile ,,law4 ,law p]ta9+ to bus9ess4 ,,mortgagee4 ,! p]son 9 ^: favor a mortgage is made4 ,,mortgagor4 ,! p]son :o gives a mortgage4 ,,negotiable4 ,t :i* is transf]able by deliv]y1 assignm5t or indorsem5t4 ,,net4 ,cle> ( all *>ges4 ,,net ,,proce$s4 ,! rema9d] aft] d$uct+ *>ges f sales4 ,,net ,,weight4 ,weight aft] d$uct+ all all[ances4 ,,nom9al4 ,exi/+ 9 "n only4 ,,not>y ,,public4 ,an (fic] au?oriz$ to adm9i/] oa?s & take ackn[l$gm5ts4 ,,op5 ,,acc\nt4 ,an acc\nt unsettl$4 ,,outlaw$4 ,a debt :i* has run beyond ! "t :5 ! law w en=ce paym5t4 ,,p> ,,value4 ,! express$ value ( any comm]cial pap]4 ,,p>ol4 ,v]bal1 n writt5 or seal$4 ,,pawn ,,brok]4 ,"o lic5s$ to loan money on p]sonal prop]ty4 ,,payee4 ,! p]son to :om money is to be paid4 ,,pay]4 ,! p]son :o promises to pay4 ,,plant4 ,! entire e/abli%m5t necess>y to c>ry on a manufactur+ bus9ess4 ,,po/ ,,date4 ,to date aft] real "t ( writ+4 ,,p[] ,,( ,,attorney4 ,a writt5 au?ority f a pr9cipal to ano!r1 au?oriz+ him to act 9 8 /ead4 ,,price ,,curr5t4 ,a li/ ( articles ) m>ket values4 ,,primage4 ,a p]c5tage all[$ to ! ma/] ( a vessel on ! am\nt ( c>go c>ri$4 ,,prima ,,facie4 ,on ! fir/ look or view4 ,,pro ,,rata4 ,a proportional di/ribution4 ,lat94 ,,protect+ ,a ,,draft4 ,accept+ a draft to prev5t its be+ prote/$4 ,,prote/4 ,a =mal decl>ation by a not>y t a note 0 n paid at maturity1 or t any o!r monet>y obligation 0 n met :5 due4 ,,receiv]4 ,a p]son appo9t$ by ! ,c\rt to take *>ge ( a firm or corporation on its dissolution1 & to di/ribute its prop]ty accord+ to law4 ,,resc9d4 ,to revoke1 c\nt]m& or annul4 ,,res\rces4 ,e =m ( conv]tible asset4 ,,revocation4 ,! recall au?ority conf]r$ on ano!r4 ,,salvage4 ,! all[ance made by law to p]sons :o volunt>ily assi/ 9 sav+ a %ip or h] c>go f de/ruction4 ,,%ipp+ ,,cl]k4 ,"o :o att5ds to %ipp+ goods4 ,,sil5t ,,p>tn]4 ,"o :o %>es 9 ! pr(its ( a firm1 ?\gh 8 "n does n appe>1 nor does he take an active "p 9 its affairs4 ,,s9k+ ,,fund4 ,a sum ( money set ap>t = ! liquidation ( debts4 ,,/ock4 ,capital inve/$ 9 trade4 ,goods on h&4 ,,capital ,,/ock4 ,! capital ( a corporation z %[n by its %>es4 ,,common ,,/ock4 ,t /ock :i* entitles ! own] to an equal proportionate divid5d ( ! corporate pr(its & assets1 ) "o %>ehold] or class ( %>ehold]s hav+ no advantage or pref]5ce ov] ano!r4 ,,pref]r$ ,,/ock4 ,t /ock :i* entitles ! own] to divid5ds out ( ! net pr(its be=e or 9 pref]5ce to ! hold] ( common /ock4 ,,wat]$ ,,/ock4 ,/ock :i* purports to repres5t1 b does n hone/ly repres5t1 money paid into ! treasury ( a corporation4 ,,/ock ,,ex*ange4 ,a place :]e brok]s & o!rs meet to buy & sell /ocks & bonds4 ,,/ockhold]4 ,"o :o owns %>es 9 a jo9t /ock company or corporation4 ,,/oppage ,,9 ,,transit4 ,! "r :i* ! sell] has to /op ! goods he has %ipp$ any "t be=e !y rea* ! buy]4 ,,syndicate4 ,a numb] ( m5 :o unite to conduct "s comm]cial ent]prise4 ,,t>e4 ,an all[ance made = ! weight ( boxes1 b>rels1 etc41 9 :i* goods are %ipp$4 ,,t5ant4 ,"o :o holds real e/ate "u lease4 ,,t5d]4 ,an (f]2 a proposal = acceptance4 ,,tickl]4 ,a book conta9+ a memor&um ( notes & o!r obligations 9 ! ord] ( _! maturity4 ,,"t ,,draft4 ,a draft matur+ at a fix$ future date4 ,,trade ,,disc\nt4 ,a disc\nt or s]ies ( disc\nts f ! prices made to deal]s1 or because ( a *ange 9 prices4 ,,tru/ee4 ,"o :o holds any bus9ess or prop]ty 9 tru/4 ,,und]writ]4 ,"o :o insures4 ,,usury4 ,! tak+ ( m ?an ! legal int]e/4 ,,v\*]4 ,pap]s & docum5ts t prove ! tru? ( acc\nts4 ,,waybill4 ,a pap] conta9+ a li/ ( goods %ipp$4 ,,:>fage4 ,money paid = use ( a :>f4 ,,:>f+]4 ,"o 9 *>ge ( a :>f2 ! own]4 ,,:olesale4 ,to sell goods 9 l>ge quantities1 9 :ole or unbrok5 packages4 ,,writ4 ,an ord] issu$ f a ,c\rt to "o ( its (fic]s2 or to "o or m litigants :]e an injunction is issu$4 ,,! ,,end