APPENDIX 
551 
Stock Exchange, purchased property in Trinity Place, erected an 
exchange building there, and thus transformed itself into an organized 
stock exchange. Its volume of activity has been second among Ameri- 
can stock exchanges only to the New York Stock Exchange. Its 
indoor status has permitted the adoption and enforcement of dis- 
ciplinary rules, and its evolution as an organized market has thus 
been assured. Naturally, the character of dealings upon it has been 
sensationally improved, as compared with “the old days in Broad 
Street.” 
The Constitution of the New York Stock Exchange forbids its 
members or firms to be members of, or to have membership in, any 
other stock exchange in New York City which deals in the same 
securities as the New York Stock Exchange. By a mutual under- 
standing between the Exchange and the Curb, the latter market ceases 
to trade in any issue as soon as it is listed upon the former. 
(IVA) Specifically these documents consist of (1) a memorandum 
in regard to copies of corporate papers, etc., required for the files 
of the Exchange; (2) the requirements themselves, with special sup- 
plementary requirements for (3) foreign internal shares and (4) 
investment trust securities; (5) a questionnaire to be signed by an 
officer of the applicant company; (6) a formal resolution by the cor- 
poration to apply for listing; (7) special agreements to be entered 
into between the applicant and the New York Stock Exchange; and 
distribution statements for (8) bond and (9) shares issues. 
The aforesaid memorandum summarizes the various details re- 
quired by the Committee on Stock List, as follows: 
...Company 
Preliminary : 
Four drafts of application. 
One copy, Charters, By-Laws, Mortgages. etc. 
One distribution. 
Set of specimens. 
The following papers, etc., are required to complete the files: 
Check for $.. .and letter of transmittal to accompany 
application. 
I Application, original signed copy (and 12 copies’ 
a sign proof. 
final signed copy. 
Charter, with amendments (certified by Secretary of State), (and 
3 copies). 
By-Laws, with amendments (certified) ; (and 3 copies). 
Leases (locations). 
Special Agreements. 
£L