Schedule - Form H.

In consideration of an advance of dollars, made by the Bank to A. B. for which the said Bank holds the following bills or notes (describe the tills or notes, if any) [or, in consideration of the discounting of the following bills or notes by the Bank for A. B. (describe the bills or notes)], and. inasmuch as the said advance (or the said discounting, as the case may be) is made upon the security of the following live stock: the said live stock are hereby assigned to the said Bank as security for the payment, on or before the day of of the said advance together with interest at the rate of per centum per annum from the day of (or, of the said bills or notes or renewals thereof or substitutions therefor, and interest thereon, as the case may be).

This security is given under the provisions of subsections twelve and sixteen of section eighty-eight of The Bank Act, and is subject to the provisions of the said Act.

Dated at Form I.

Public notice is hereby given that security under subsections twelve and sixteen of section eighty-eight of The Bank Act was given on the day of by of to the Bank of for the sum of payable, with interest at the rate of per cent, per annum, on the day of on the security of (here describe live stock).

Signed for the Bank of 8-9 George V.

Chap. 9.

An Act to amend the Bills of Exchange Act.

[Assented to 24th May, 1918.]

His Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:1. Section one hundred and twenty-one, paragraph (b), of the Bills of Exchange Act, Revised Statutes of Canada, 1906, chapter one hundred and nineteen, is amended by substituting for the words "three o'clock" in the last line of the said paragraph the words "half-past two o'clock,'"

2. This Act shall remain in force during the present war and for one year thereafter.

The Special War Revenue Act, 1915. 6 George V., cap 8.

As amended by 10-11 Geo. V., c. 71.

Sections Relating to Banks and Banking.

Bank Note Circulation.

8. Each bank to which The Bank Act applies, exclusive of banks in course of winding-up, shall pay to the Minister of Finance for the Consolidated Revenue Fund, on the first day of February, the first day of May. the first day of August and the first day of November In each year, a tax equal to one-fourth of one per cent, upon the average amount of the notes of the bank as hereinafter limited in circulation during the three months ending respectively on the last day of December, the last day of March, the last day of June and the last day of September preceding.

(2) In calculating the average amount of notes in circulation for the purposes of the last preceding subsection, the greatest amount of notes in circulation at any time during each of the three months, as shown by the monthly return made by the bank under section 112 of The Bank Act, shall be taken as the basis for such average.

(3) If the greatest amount of notes so shown exceeds the paid-up capital of the bank, then in such case an amount equal to the paid-up capital shall be taken as the basis to be used in calculating the average. 5 Geo. V., cap. 8.

Stamp Duties on Bills of Exchange, Cheques, Promissory Notes, etc.

12. In this section, unless the context otherwise requires,-(a) "bank" means,(i) a bank to which the provisions of The Bank Act applies;

(ii) a bank subject to the provisions of The Quebec Savings Banks Act, 1913.

(iii) Any other body corporate receiving money which it repays by honouring the cheques of the person from or on whose account the money was received;

(iv) any one receiving money which he repays by honouring the cheques of the person from or on whose account the money was received;

(b) "bill of exchange" includes an instrument in the form of a bill in which the drawer and drawee are the same person;

(c) "promissory note" does not include notes of a bank payable to bearer on demand and intended for circulation.

Stamp Tax on Cheques.

2. No person shall issue a cheque payable at or by a bank unless there is affixed thereto an adhesive stamp or unless there is impressed thereon by means of a die a stamp of the value of two cents, and every adhesive stamp affixed to a cheque shall be cancelled by the bank at which the cheque is payable at or before the time of payment.

Stamp Tax on Bills and Notes.

3. (a) Subject to the provisions hereinafter set out no person shall transfer a bill of exchange or promissory note to a bank in such manner as to constitute the bank the holder thereof, or deliver a bill of exchange or promissory note to a bank for collection, unless there is affixed thereto an adhesive stamp or unless there is impressed thereon by means of a die a stamp of the value of, if the amount of the money for which the bill or note is drawn or made (i) does not exceed $100.00 ................ two cents,

(ii) exceeds $100.00, for every $100.00 or fraction thereof ........................... two cents.

(b) If a bill of exchange, transferred or delivered to a bank or issued by a bank is payable on demand, or at sight, or on presentation, or within three days after date or sight, such bill shall, for the purpose of the value of the stamp to be affixed thereto or impressed thereon, be deemed to be drawn for an amount not exceeding one hundred dollars.

(c) Whenever a promissory note, payable on demand, is transferred or delivered to a bank in such manner as to constitute the bank the holder, for an advance made or to be made by the bank, a stamp of the value of two cents only is required to be affixed to the note or impressed thereon, whatever the amount of the money for which the note is made. The bank shall quarterly, on the last day of March, the last day of June, the last day of September, and the last day of December in each year, or within five days thereafter, prepare a statement showing the maximum amount of the advances made to the person transferring or delivering such notes, outstanding at the close of business on any day during the period of three months, or portion of such period then ending, in respect of notes payable on demand, and shall affix thereto, at the time the statement is prepared, a stamp or stamps of the value of two cents for every one hundred dollars or fraction thereof by which the maximum amount of the advances as aforesaid exceeds one hundred dollars; and the bank shall forthwith render such statement to the person to whom the advances were made and the amount of the stamps so affixed shall forthwith be payable by such person to the bank.

Stamp Tax on Promises to Pay, or Pledge of Securities.

(d) Whenever a document or writing is given or delivered to a bank in respect of an advance made or to be made by the bank to the person giving or delivering the document or writing and containing a promise to pay any sum of money advanced pursuant thereto, or containing a pledge of securities to secure the payment of any advance, and no promissory note or bill of exchange in respect of such advance is transferred or delivered to the bank, the following provision shall apply:

The bank shall, quarterly, on the last day of March, the last day of June, the last day of September and the last day of December in each year, or within five days thereafter, prepare a statement showing the maximum amount of the advances made to the person giving or delivering such document or writing outstanding at the close of business on any day during the period of three months, or portion of such period, then ending, in respect of such document or documents, and shall affix thereto, at the time the statement is prepared, a stamp or stamps of the value of two cents for every one hundred dollars of such maximum advances, or fraction thereof; and the bank shall forthwith render such statement to the person to whom the advances were made and the amount of the stamps so affixed shall forthwith be payable by such person to the bank.

(e) If the person to whom an advance is made as mentioned in either of the next preceding paragraphs (c) and (d) closes the account in respect of such advances at any time during a quarterly period, or if such account becomes payable at any time during a quarterly period, such statement shall be rendered forthwith, and the maximum amount of the advances made to the person outstanding at the close of business on any day in either case during the portion of such period, shall determine the value as aforesaid of the stamps to be affixed to the statement.