6l6 LEGAL DEPARTMENT. 



Receipt in Pull. 



$300.00. Toronto, Ont. , Feb. 16, 1899. 



Received of Charles Hart, Three Hundred Dollars, in full, for all 



demands to date. 



HENRY MURPHY. 



Law Concerning Notes. 



1. A signature written with a lead pencil is valid. 



2. A note lost or destroyed can be collected upon sufficient proof. 



3. If no time of payment is mentioned in a note, the note is payable 

 on demand. 



4. A note is not transferable if the words ' ' or order " or "or bearer ' ' 

 do not appear on the face, or unless it is payable " to the order of" the 

 payee. 



HOW TO DO BANKING BUSINESS. 



Deposit Your Money. It is unsafe to keep money about the person 

 or house, on account of the liability of losing it from the pocket. The 

 house might take fire and destroy the money before it could be removed 

 or the money may be stolen by thieves or robbers. It is therefore best 

 to deposit it in some safe bank that is near by. The money can then be 

 drawn out by cheques made payable to the order of the person to whom 

 the money is to be paid, and, as that person has to put his name on the 

 back of the cheque, it is good evidence that the money has been re- 

 ceived. 



Pay Bills by Clieques. It is a good practice to pay bills by cheques 

 because : — 



1. The amount paid is always specified in the cheque. 



2. The party receiving the cheque cannot claim that the money has 

 not been paid. 



3. The cheque coming back through the bank, indorsed, is evidence 

 that the money has been received by the person to whose order the 

 cheque was drawn. 



It is always best to deposit your money in the bank and cheque against 

 it. This will show the amount of money handled during the year, and 

 oftentimes be a check upon expenditures. 



Never make a cheque payable to bearer, for in that case it is not neces- 

 sary for the party receiving it to put his name on the back, and if lost it 

 can be collected by anyone into whose hands it falls. 



