Inasmuch as the shipment of coupons, investment securities, or other valuable papers is a very common factor, it seems desirable that no mistake should be made in the use of the mails in that way. An extract from the post-office laws touching upon that subject here follows:
All valuable letters and sealed parcels, and those for which a return receipt or special care in delivery is desired, should be registered.
What May Be Registered - Where, and By Whom. Any matter, properly addressed and bearing the name and address of the sender, admissible to the domestic mails (except fourth-class mail, which may be insured), or to the Postal Union mails (except foreign "Parcel Post" packages for Barbadoes, Curacao, Dutch Guiana, France, Great Britain, Guadeloupe, Martinique, the Netherlands and Uruguay), may be registered. Foreign "Parcel Post" mail must be taken to the post office to be registered, but other mail may be registered at any post office or post office station, by rural carriers, and when sealed and not cumbersome, by city carriers in residential districts.
Registry Fee for each separate article, foreign or domestic, is 10 cents in addition to the postage, both to be fully prepaid.
The conditions under which ordinary mail is forwarded or returned apply also to registered matter. No additional registry fee is required in such case.
Unknown persons applying or inquiring for ' registered mail, as senders or addressees or their authorized representatives, will be required to establish their identity satisfactorily before the mail or information about it is given them.
This differs from the ordinary stock, as a certificate of the former cannot be transferred without the signature of the owner (or one authorized to sign for him) being placed upon the books of the company, in which it represents ownership, and the delivery of the certificate.
According to the New York Stock Exchange Rules, delivery of the security before a certain fixed hour (2.15 p.m.) upon the first business day following the making of the contract. Regular sales made on Friday, however, go over until Monday before delivery.
See " Dividend, Extra."
See " Milreis."
See " Bank of Germany."
When the holder of a mortgage has received payment for the debt, or satisfaction of the other obligations or conditions which the mortgage was given to secure, it is not sufficient that he should simply relinquish possession of the papers evidencing the security, but must execute and sign a " release of mortgage," as it is called, which the debtor - mortgagor - sends to the office of Register of Deeds and has recorded. This shows a discharge of the obligation and that the property is no longer encumbered with the mortgage.
Blank forms of release may be obtained at many stationers for the particular State in which they are desired for use.