APPENDIX 
645 
Shares 
.Bonds c... 
Dollars ($. ) to be exchanged for.. 
Shares shares 
Bonds of the...... . ..Bonds of.... . . A. 
which, unless bearer securities transferable by delivery, are to be issued in 
the name of the transferee hereinafter designated, and has also received 
such powers of attorney and such assignments of the securities received 
»y it as aforesaid and of the securities for which the same are to be 
-xchanged as are required by the rules of the Stock Clearing Corporation. 
The securities and money received by the Stock Clearing Corporation will 
he presented by it for exchange as aforesaid and upon receipt by it of the 
securities into which the same are to be exchanged and the presentation 
and surrender to it of this instrument, the securities with powers of attorney 
and assignments, for the transfer thereof will be delivered to............ 
.. ...herein designated as the transferee, or if this receipt 
has been properly endorsed, then to the person specified in said endorsement 
or to the holder hereof if the endorsement is in blank. Title to this receipt 
is transferable with the same effect as in the case of a negotiable instrument. 
Dated..... +e.... Stock Clearing Corporation by.. 
... Assistant Manager. 
CHAPTER X1V 
Money and Loan Clearance and Settlement 
(XIVa) The assignment on the back of the Stock Clearing Cor- 
poration contingent credit and debit lists reads as follows: 
[ (We) hereby pledge and assign to the Stock Clearing Corporation the 
securities mentioned in the list on the reverse side hereof, the numbers of 
which securities are entered on my (our) proper books of record, as and 
when received by me (us), to secure payment to the Stock Clearing 
Corporation of any and all amounts due or that may become due from 
me (us) to said Stock Clearing Corporation on this day’s transactions by 
the Stock Clearing Corporation for my (our) account and I (we) do hereby 
agree that all of said securities so pledged shall be delivered to the Stock 
Clearing Corporation at 2:45 p.M. this day or on its previous demand unless 
my (our) debit balance with the Stock Clearing Corporation on the entire 
day’s transactions has previously been settled or otherwise secured to the 
Stock Clearing Corporation’s satisfaction, it being understood, however, 
that I (we) may substitute for said securities or any of them the proceeds 
thereof or other securities of equal value. I (We) agree in respect to 
all securities so pledged that the Stock Clearing Corporation shall have 
the right in the event of my (our) failure to pay any amount due by me 
(us) to said Stock Clearing Corporation upon the day’s transactions as and 
when required by the rules of the said Stock Clearing Corporation to sell 
the whole or any part thereof on the New York Stock Exchange or any 
other available market or at public auction or by private sale and without 
notice to me (us). If the sale is made on the New York Stock Exchange