srXDKV INSTRUCTIONS, HINTS, ETC. 7^5 



a heavy fine is imposed for each omission. FULL. When the word 

 " Limited " is not affixed to to a stock company's name, it is understood 

 that it is a " Full Liability Company." In such a company the sharehoM 

 are each individually liable to the creditors of same for the total liabil; 

 of the company. However suit cannot be brought aicain< an individual 

 shareholder until it has first been brought against the Company, and ti 

 if not paid, tin- claimant may institute proceedings against any one of the 



eholders of the Company for the full amount of the claim ; and ; 

 <iune lias been paid by the shareholders, he may recover from each of the- 

 .shareholders proportionately, according to the number of shares held by 



M, the amount paid less, of course, his own proportion of such claim. 



SUNDRY INSTRUCTIONS, HINTS, ETC. 



829 Checks, Dr"ftt*, Xotes, Etc. When, a check is printed payable to 

 bearer, it may be made payable to order by simply erasing the word 

 ' bearer " by drawing a line through it with the pen. 



8J5O. When you receive a bank draft, sight draft, or check made pay- 

 able to the order of the party sending it, see whether or not it 

 by him. If not endorsed return it to him for the endorsement, s it 

 no value to you until so endorsed. 



881. In receiving a check or draft from a person, upon which < 

 or draft the person's name does not in any place appear, whether in 

 payable to order or to bearer, have this person from whom you r- 

 endorse it; for if it prove to be worthless, you can then hav. 

 this person, as by endorsing his name on the back of it, the payment is by 

 him guaranteed 



8:& When we return a draft, note or cheek to the maker of same, 



which draft, ttote <>r check we had endorsed, we should always erase our 



name fp.m the paper by drawing lines thnundi it with the pen. 

 8:&r> 1--J In handing a note to the hank OT CX] .ipany f 



>te will he due in a few days. BOOM bunnett men simply 

 make a memorandum in full for same, and place the m.-m< -randum with 



the dlle Mutes MUlkiMLT "" clltlV oil the bunks until the QOt 



eolleete.l all<l ti.e j-i Hied, -thru the Hills lie 



inniandiim found and de.stn-; 

 8:i:> ''ash. When cash i 



any enunteii Q 1 if then- ! a doubtful 



