APPENDIX 
650 
IV. Interest and Dividends: 
(51. When a claim is made for a dividend, rights or interest after 
transfer books have closed, the party in whose name the security stands 
may require from the ciaimant presentation of the certificate, a written 
statement that he was the holder of the security at the time of the closing 
of the books, a guarantee against any future demand for the same and 
the privilege to record on the certificate evidence of the payment by Cash 
or Due-Bill. 
152. In all transactions involving the payment of interest, where the 
amount of such interest equals or exceeds five mills, it shall be considered 
as one cent, fractions of a cent less than five mills shall be disregarded. 
This rule shall apply to loaned and borrowed securities, interest on bonds, 
transfers of accounts and all other transactions. 
153. Bonds dealt in “And Interest” delivered on dates on which interest 
is due and payable, shall be without the coupon due on such date. 
V. Due-Bills: 
201. A security delivered after the closing of transfer books for dividend, 
interest, or rights must be accompanied by a Due-Bill therefor whenever 
required by the Committee on Securities. 
202. When, by direction of the Committee on Securities, a security is 
not quoted ex-dividend, ex-rights or ex-interest on the date the transfer 
books close therefor, the Due-Bill accompanying the security must be signed 
oy the party in whose name the security stands. 
203. A Due-Bill signed by a non-member must be guaranteed by a 
member or a member's firm in the same manner as required in the case of 
an assignment of stock and must be redeemed by the member or firm 
guaranteeing the Due-Biil. 
204. Unless otherwise directed by the Committee on Securities, Due- 
Bills must be redeemed on the date of the payment of the dividend or 
interest, or in the case of rights on the settlement day for contracts in 
rights at the office of the member guaranteeing them located in the vicinity 
of the Exchange. 
205. Due-Bills must be in such form as prescribed by the Committee 
on Securities. 
VI. Trading in Rights to Subscribe and Delivery of Warrants 
therefor must comply with the following Rules: 
251. “Rights to Subscribe” pertaining to securities dealt in on the 
Exchange, when admitted to dealings by the Committee on Securities, shall 
oe traded in on the basis of one right accruing on each share of issued stock, 
except as herein otherwise provided. 
252. When rights to subscribe are offered to holders of more than one 
class of securities, the Committee on Securities shall, in each case, determine 
the basis upon which transactions in the rights shall be made. 
253. Transactions in rights admitted to dealings by the Committee on 
Securities shall be “When Issued,” or otherwise, as directed by the 
Committee. 
254. Transactions in rights on the final day for subscriptions shall be 
for “Cash.” When the final day is a half-holiday, transactions on the 
preceding business day as well as on the final day shall be for “Cash.” 
Dealings in rights on the final day shall cease at 1:30 o'clock P.M. (11:00