Chapter VIII

119. What is a collateral loan? What are the three grand divisions of collateral loans?

120. What is the difference between a collateral note and a general loan and collateral agreement?

121. What is a call loan?

122. What are some of the dangers to be guarded against, in handling a large number of Wall Street call loans? What is meant by margin on a loan?

123. How are Wall Street loans filed?

124. What is a loan card and why is the record kept in this way?

125. How can loan records be kept, where changes in collateral are infrequent?

126. What is meant by a substitution? What are the points that need watching in making substitutions?

127. Suggest an improvement in filing stocks.

128. Is a national bank privileged to loan on real estate security? Why? Has a trust company this privilege? Why? What are the two ways of loaning on real estate security? Give a list of the documents necessary in each case to make a good loan.

129. Discuss the following points in connection with bonds and mortgages: Proof of title, insurance, recording, mortgage record, investments for estates, etc., loans on note secured by bond and mortgage and blanket mortgages.

130. Why should care be taken in loans on warehouse receipts?

131. How may a loan be made on the security of accounts receivable ?

132. What is purchased paper? Why is it advisable to keep a part of the funds invested in this class of loan?

133. What would be a good loan on an insurance policy?

134. Discuss care of securities for customers of the bank.

135. Explain the workings of a department for purchasing and selling stocks and bonds for customers.

136. What is meant by transfer of stock? By registry of bonds? How would you fill out the assignment on the back of a stock certificate for delivery after sale? How would you assign the stock, so that you would feel secure in sending it by mail?

137. If you received instructions by open wire, from a regular customer, to pay money, how would you satisfy yourself that the message was genuine? What is meant by a message in code?

138. What is meant by participations in loans?

Chapter IX

139. What is a credit department?

140. Name some of the important points that would assist you in determining how much money you would loan a customer.

141. What do you think of personal investigation?

142. What is an agency report?

143 and 144. How is credit information filed? 145. What points are to be considered in determining the value of a depositor's account?

Chapter X

146. What are the functions of the collection department?

147. Where does the collection department get its items?

148. What is a collection register?

149. Describe a simple system for handling a large number of collection items.

150. Describe a form for advice of payment of collection items.