Stock is usually sold on certain explicit conditions, such as the paying of ten per cent. down and the balance at stated intervals. If the conditions which are agreed to by the shareholder are not met his stock is declared forfeited, or he can be sued in the same manner as upon any other contract. Some companies organize with the understanding that a certain percentage of the nominal value of the shares is to be paid at the time of subscribing, and that future payments are to be made at such times and in such amounts as the company may require. Under these conditions the stockholders are assessed whenever money is needed to pay the company's expenses. Such assessments are uniform on all stockholders,

Notice Of Protest, First National Bank Of Chicago.

Deposited for account of

Deposit Slip.