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tad in all things conformed to those matters required by the said statute, directed an assignment of an my estate to be made by me for the benefit of all my creditors. Now, therefore, know ye, that, in conformity to the said direction, I have granted, released, aligned, and set over, and by these presents, do grant, release, assign, and set over, unto J. K , of, Ac, and L. M., of, &c, assignees nominated to receive the same, all my estate, real and personal, both in new and equity, in possession, reversion, or remainder, and all books, vouchers, and securities relating thereto, to hold the same unto the said assignees, to and for the use of all my creditors.

In witness whereof, I have hereunto set my hand and seal this

day of , in the year one thousand eight hundred and

A. B. [us.]

Sealed and delivered I :of (

in presence <

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boo. New York, April la, 1880.

Six months after date, I promise to pay John Thompson, or order, one hundred dollars, value received. JOHN BROWN.

Geo. Smith, Surety.


$1000. New York, April 10, 1880.

Three months after date, I promise to pay John Thompson one thousand dollars, for value received. JAMES FOWLER.


f Moo. New York, April 19,1880.

Thkke months afterdate, T promise to pay John Thompson, or order, one thousand dollars, for value received. JAMES FOWLER.


f 100. Cincinnati, O., April 14,1SS0.

On demand I promise to pay Charles Jones, or order, one hundred dollars, for value received.

HENRY WARING, xao State-street.


$100. New Orleans, La., May x, x88a.

Six months after date, I promise to pay George Robinson, or order, one hundred dollars, with interest, for value received.



$3000. Philadelphia, Pa., April 20, 1SS2.

For value received, I promise to pay Smith & Brown, or order, three thousand dollars, in the manner following, viz.: one thousand dollars in one year, one thousand dollars in two years, and one thousand dollars in three years, with interest on all said sums, payable semi- annually, without defalcation or discount.

HUGH FAULKNER, .20 Chcstnut-st.


$5000. Cleveland, O., May 8, x88a.

For value received, I promise to pay Smith & Edgar, or order, five thousand dollars, in three years from the date hereof, with interest, payable semi-annually, without defalcation or discount. And in case of default of my payment of the interest or principal aforesaid with punctuality, I hereby empower any attorney-at-law, to be appointed by said Smith & Edgar, or their assigns, to appear in any court which said Smu!i & Edgar, or their assigns, may select, and commence and prosecute a suit against me on said note, to confess judgment for all and every part of the interest or principal on said note, in the payment of which I may be delinquent.

Witness my hand and seal. this 8th day of June, A D. 188a.

JOHN DREW, [seal.] Attest, Georcb White.


Dub *ohn Jones, or bearer, fifty dollars in merchandise, for value received, payable on demand. THOMAS BOLAND.

New York, May 3,188a.


Mr. J. Tongue. New York, April 16,1881.

Please pay John Jones, or order, one hundred dollars in merchandise and charge the same to account of HENRY WALFORD.


$1000. Hartford, Conn. , April 20,188s.

Thirty days after sight, pay to the order of Messrs John Smith & Co. one thousand dollars, and charge the same to account of


To Messrs. Wilson & Rivers, New York.


No. 188.—Ex. £300, New York, April «6,188s.

Three dataller sight of this, my first of exchange (second and third unpaid 1, pay to Charles Walker or order, three hundred pounds ster. ling, value received, and charge the same to account of


No. 188.—Ex. £300. New York, April 26,1882.

Three days after sight of this, my second of exchange (first and third unpaid), pay to Charles Walker, or order, three hundred pounds sterling, value received, and charge the same to account of


No. 1S8.—Ex. Lass New York, April 8, iSSa.

Three days after sight of this, my third of exchange (first and sea ond unpaid), pay to Charles Walker, or order, three hundred pounds sterling, value received, and charge the same to account of


Mr. Henry Dknhisi New York, May 20, i88s.

Please pay Charles Robinson, or order, one hundred dollars, and charge the same to account of JOSEPH DOYLE.



New York, Feb. 26, x88s.

Please to take notice, that certain bill of exchange, dated , fof

$1000, drawn by , on, and accepted by , of and by you

endorsed, was this day protested for non-payment, and the holders look to you for the payment thereof. Yours, Ac,

To Mr. A. B. J. T., Notary Public,


$500. New York, March 28,188a.

Received of John Smith five hundred dollars, in full of all demands against him. WM. JONES


f 100. New York, March 28, iS8x

Received of John Smith one hundred dollars, to apply on account,



$100. New York. March 28, 1882.

Received of J. G. Wells one hundred dollars, in full of alt demands against John Smith. WM. JONES



Know all men by these presents, that I, the withln-namcd A. B., hi consideration of one hundred dollars to me paid by C. D., have astigiiei to the said C. D„ and hit assigns, all my interest in the within written Instrument, and every clause, article, or thing therein contained . and 1 do hereby constitute the saidC. D.% my attorney, in my name, but to bis own use, and at bis own risk and cost, to take all legal measures which may be proper for the complete recovery and enjoyment of the assigned premises, with power ol substitution.

In testimony whereof, I have hereunto set my hand and seal, this tenth day of May, one thousand eight hundred and sixty

Executed and deliveredI . „ , •

in the presence Of J *• B" [TM"-l


Know all men by these presents, that 1, the within-named A. B., the lessee, for and in consideration of the sum ol one thousand dollars, to me in hand paid by C D-.o!,Ac., at and Before the sealing and delivery bereof (the receipt whereof 1 do hereby acknowledge), have granted, assigned, and set over, and by these presents do grant, assign, and set over, unto the said C. D.. his executors, administrators, and assigns the within indenture of lease, and al< thai messuage. &c, thereby demised, with the appurtenances , and also all my estate, right, title, term of years yet to come, claim, and demand whatsoever, of, in, to, or out of the same. To have and to hold the said messuage, &c...unto the said C. D., bis executors, administrators, and assigns, lor the residue of the term within mentioned, under the yearly rent and covenants within reserved and contained, on my part and behalf to be done, kept, and performed.

In testimony, &c. [as in Central Form of Assignment],


Know all men by these presents, that I, A. B., the mortgagee within named, for and in consideration of the sum of sixteen hundred dollars, to me paid by C. D., of, &c.,at and before the sealing and delivery hereof (the receipt whereof is hereby acknowledged), have granted, bargained, sold, assigned, and set over, and by these presents do grant, bargain, sell, assign, and set over, unto the said C D. his heirs, executors, administrators, and assigns, the within deed of mortgage, and all my right and title to that messuage, &c, therein mentioned and described, together with the original debt tor which the said mortgage was given, and all evidence thereof, and all the rights and appurtenances thereunto belonging. To have and to hold all and singular the premises hereby granted and assigned, or mentioned, or intended so to be, unto the said C. D., his heirs and assigns, forever; subject, nevertheless, to the right and equity of redemption of the within named E. F.,his heirs and assigns (if any they have), in the same.

In testimony, rxc [as in General Farm of'Assignment],


Whereas, letters patent, bearing date day of , In the year'

, were granted and issued by the government of the United States,

tinder the seal thereof, to A. B., of the town of , In the county of

, in the State of , for [here state the nature of the invention

m general terms, as In the patent], a more particular and full description whereof is annexed to the said letters patent in a schedule; by which letters patent the full and exclusive right and liberty of making and using the said invention, and of vending the same to others to be rued, was granted to the said A. B., his heirs, executors, and administrators, or assigns, for the term of fourteen years from the said date i

Now know all men by these presents, that I, the said A. B., for and

in consideration of the sum of dollars, to me in hand paid (the

receipt whereof Is hereby acknowledged), have granted, assigned, and set aver, and by these presents do grant, assign, and set over, unto C.

D„ of the town of , in th« county of , and State of ,

his executors, administrators, and assigns, forever, the said letters patent, and all my right, title, and Interest, in and to the said invention, so granted untc me r To have and to hold the said letters patent and invention, with all benefit, profit, and advantage thereof, unto the said C. P., his executors, administrators, and assigns. In as full, ample, ar.d beneficial a manner, to all intents and purposes, as I, the said A. B., by virtue of the said letters patent, may or mlg-ht have or hold the same, if this assignment had not been made, for and during all the rest and residue of the said term of fourteen years.

Id testimony, Ac, [as in General Form of Assignment \


Know all men by these presents, that I, the within-named A. B., for

and in consideration of the sum of , to me paid by C D... of, &C.

(the receipt whereof is hereby acknowledged), have granted sold, assigned, translciTcd, and set over and by these presents \ do absolutely grant, seh. assign transfer, and set over to him, the said C D., all my right, property, interest, claim, and demand In and to the within policy of insurance which have already arisen or which may hereafter arise thereon with lull power to use my name so tar as may oe necessary to enable him fully to avail himscll ot the interest herein assigned, or hereby intended to be assigned The conveyance herein made, and the powers hereby given, are lor myself and my .egai representatives to said C. D and his »cga. representatives.

In testimony, Ac. (as in General Form ofAsstgnmens\


In consideration of $ioo to me in hand paid by M. D ot the city o.

, the receipt whereof is hereby acknowledged. 1, U. C . o! the same

place, have soid. and Dy these presents do sell, assign, tratislei. and set over, unto the said M. D., a certain debt due from N. B., amounting ts the sum of $150, lor work, labor, and services, by me performed tor the said N. E (or lor goods sold and delivered to the said N E.), with full power to sue lor. couect, and discharge, or sell and assign the same in my name ot otherwise, but at his own cost and charges, and I do hereby covenant that the said sumo! $150 Is justly due as aforesaid, and that 1 have not done and will not do any act to hinder or prevent th« collection of the same by the said M. D\

Witness my hand, this April 10th, 1863.



In consideration of $1, value received, I hereby sell and assign to M. D. the within account which is justly due from the within named N. E., and 1 hereby authorize the said M. D. to collect the same.


Troy, April roth, 1863.


Know all men by these presents, that 1, A. B., of, &c, am helJ and

firmly bound unto the insurance Company, in the sum of one

thousand dollars, lawful money of the United Stales, to be paid to the

said Insurance Company or assigns for which payment, well

and truly to be made, 1 bind myself, my heirs, executors, and administrators, firmly by these presents.

Sealed with my seal. Dated the day of , one thousand

eight hundred and .

The condition of the above obligation Is such, that if the above bounden A. B., his heirs, executors, or administrators, shall well and

truly pay, or cause to be paid unto the above named Insurance

Company, or assigns, the just and full sum, &c. [as in Common Bond],


This Indenture, made the day of, &c, between A. 3.. ot, &c,

of the first part, and C. D., of, etc., of the second pan. witnessethi

That the said party of the first part, in consideration of the sum of

dollars, to him duly paid, hath sold, and by these presents doth grant and convey, to the said party of the second part, and his assigns, the following described goods, chattels, and property [here describe them, or refer to them thus, "as in the schedule annexed ";, now in my possession, at the of aforesaid ; together with the appurtenances, and all the estate, title, and interest of the said party of the first part therein. This grant is intended as a security for the payment of one hundred and fifty dollars, with interest, on or before the expiration of one year from the date hereof; and the additional sum of one hundred and sixty dollars, with interest, on the day of , rj—•

which payments, if duly made, will render this conveyance voidla witness, &c. [as in Bill of Sale andChattelMortgage1


OVERNTWENT Bonto are quoted and dealt in ai the Mock Exchange, but the principal transactions taKe piace in the offices ol the large dealers. with whom parties desiring to invest tn 01 dispose ot bonds may transact their business either Il person or through a broker The dealers are ordinarily prepared to buy and sell either large or small amounts at the current quotations.

This mode ol dealing greatly facilitates transactions in Government bonds, and adds to their desirability and convenience tor investment. as it enables the investor to purchase the bonds for immediate delivery, or to convert them into money at once, and also to ascertain, before he buys or sells, just what price he must pay or will receive, instead of taking the chances of an order to buy or sell at the market prices, or at a fixed limit at the Stock Exchange.

The difference between the prices at which the dealer is prepared to buy or sell the more active bonds, on a steady market, is usually one-eighth

ot one per cent, with occasionally wider variations.

All the different issues of Government bonds now outstanding are in registered torm, except the Fours and Four-and-a-halts, which are both coupon and registered.

Coupon bonds, at times, sell higher than registered bonds ot the same issue, the difference in price in tneir tavor occurring, for the most part, when United States bonds are in demand in European markets, and for the reason that registered bonds are not taken for the English and German markets, except to a very limited extent

When bonds are not being sent abroad, and the demand is for home investment exclusively, the price of the registered bonds approximates more nearly or becomes equal to, or a little higher than, that of the coupon bonds.

Registered bonds rarely sell more than one-eighth of one per cent, higher than coupon bonds, for the reason that the latter can always be converted into the former at the bare cost of forwarding them to the Treasury Department for that purpose.

The Currency Sixes derive their name from the fact that the interest on them is made payable in "United States Treasury notes or any other money or currency which the United States have, or shall declare lawful money and a legal tender."

All the other issues of bonds derive the name* by

which they are known from the rates of interest which they bear, or which they bore when originally issued.

All the issues of United States bonds now outstanding, except the Currency Sixes, are payable in coin, either by the express terms of the Acts under which they are issued, or by the pledge of the faith of the United States in the " Public Credit Act" of March 18, 1869.

The Currency Sixes having fixed periods to run of from thirteen to seventeen years, with no option on the part of the Government to call them in before maturity, are, for this reason, desirable for long investment for Savings Banks, estates, trust funds and banking purposes.

The Three-and-a-half-per-cent, bonds, continued from Sixes of 1881, and known as "Continued Sixes," are now being called in from time to time, and will probably all be paid off from the surplus revenue, within the next two years.

The Three-and-a-hall per-ceut bonds, continued from Fives of 1881 and kuowL as "Continued Fives," are pretty certain to reman* undisturbed tor several years, unless the holders are ottered in the meantime, by new legislation, the advantage of exchanging them for bonds having a defmite time to run, as an equivalent for a somewhat lowei rate oi interest.

The Four-and-a-half-per-cents have still nine years to run; but the Four-per-cents, having twentyfive years to run, must be considered as the most desirable for permanent investment of any ol the issues now outstanding, unless the avoidance of the high premium is desired, in which case the Continued Fives will be most suitable.


Coupon bonds, being payable to bearer, pass by delivery without assignment, and are therefore more convenient for sals and delivery than registered bonds, which must be assigned by the party in whose name they are registered. The interest coupons being also payable to the bearer upon presentation at any Sub-Treasury of the United States, the holder of coupon bonds may collect his interest without the necessity of personal identification.

The difficulty of holding coupon bonds with safety by parties not provided with burglar proof safes or vaults of their own, has been, to a considerable ex

tent, removed by the establishment of M §*& Eo>iV)jBJ Companies," who undertake, for a modlai'SSe twSP pensation, the custody of securities, uwte tbe tt»tHt favorable conditions for securing absolute saife-? •

Coupon bonds may be converted into icgjsw •& bonds of the same issue, at the Treasury Lt>. <!f* ment in Washington, but there is no proviso of law for converting registered bonds into coujott bonds.

Coupon bonds forwarded to thi Ifjcastiry DepalV ment for conversion into registered bonds should be addressed to "The Secretary of Jhe Treasury, Washington, D. C.;" except in case they are forwarded by a National Bank, or loi account of a National Bank, to secure deposits or circulation; in which case, if they are to secure deposits, they should be sent to "The Treasurer of the U. S.;" or, if they are to secure circulation, to " The Comptroller of the Currency,"


Registered bonds are issued without interest coupons, and are filled up in the name of the registered owner, payable to him or his assigns. They are registered on tne books of the Treasury Department b the name of the party to whom they are filled up, and are not available to any other person until properly assigned ot transferred by the registered owner.

If registered bonds are lost or stolen, payment may be stopped by notifying the Treasury Department at Washington, as detailed in Chapter VI.

For this reason, registered bonds afford greater security in case ot loss, theft or destruction than coupon bonds, and are therefore preferable for long 01 permanent investment, and for investors who have not the proper facilities for the safe keeping of coupon bonds.


Registered bonds are transferable on the books of the Treasury Department at Washington, when for warded there with a proper assignmt' filled up and executed in accordance with a form printed on the back of the bonds. When a transfer is made, the old bond is cancelled and a new one issued in the name of the party to whom it has been transferred.

As the interest on registered bonds, as it becomes due. is sent hv check to the owner, at his nost-oflfiopi address, this address should be given with each order.

An executor, administrator, trustee, guardian, or attorney cannot assign bonds to himself, unless he is specially authorized to do so by a court possessing jurisdiction of the matter.

Registered bonds forwarded to the Treasury Department for transfer should be addressed to " The Register of the Treasury, Washington, D. C," except in case they are forwarded by a National Bank or for account of a National Bank, to secure deposits or circulation, when the instructions contained in the succeeding chapter should be followed.


All Government Bonds are dealt in and quoted flat—that is to say, the quoted market price is for the bond as it stands at the time, including the accrued interest, except that after the closing of the transfer books the registered bonds are quoted exinterest—that is to say, the interest then coming due belongs to the holder of the bond at the time of the closing of the books, and does not go with the bond to the purchaser.

In comparing the prices of the coupon and registered bonds during the period in which the transfer books remain closed, it should be remembered that during that time the quoted price of the coupon bonds includes the accrued interest falling due on the first of the ensuing month, while that of the registered bonds does not. If the market value pf the registered and coupon bonds at the time is the same, the difference in the quoted prices of the two will be equal to the value of the interest included in the one and not in the other. For example: If, in the month of December, when the books are closed preparatory to the payment of the interest due January 1st, the coupon Four-per-cents are quoted at 118,

the equivalent for the registered bonds of the same •

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The only coupon bonds are in the Four- and the Four-and-a-half-per-cent loans. They are in denominations of $50, $100, $500, and $1,000.

There are registered bonds of all issues. They are in denominations of $50, $100, $500, $1,000, $5,000 and $10,000, except that of the Currency Sixes there are none of a less denomination than $1,000.

Of the funded loans, viz., the Five-per-cents (continued at 3$ per cent.), the Four-and-a-half-percents, and the Four-per-cents, there are, in addition to the above, registered bonds of the denomination of $20,000 and $50,000.

It is not generally advisable to have bonds registered in higher denominations than $10,000, as they will not bring as good a price in the market in case of sale. The highest denomination which is a good delivery at the New York Stock Exchange is $10,000


Bonds concerning which the Government has exercised its option of redemption, and given notice that they will cease to bear interest after a certain date, are designated as " called bonds."

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