This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 308.— E. A. Jones and W. A. Jones (equal partners) carry on business under the name of the Jones Manufacturing Company. Is the following endorsement (stamped or written) in accordance with conventions and rules of the Canadian Bankers' Association? Pay to the order of
Jones Manufacturing Company,
per W. A. Jones. Should W. A. Jones place anything after his name to show that he is connected with the company; if so, what?
Answer.—Under the rule we think that W. A. Jones should add after his name " proprietor," or " one of the firm," or something of that kind. The endorsement purports to be that of a corporation, and under Rule 2 the official position of the person signing must be stated. The absence of the description does not, however, make the endorsement less binding.