A Typical Time Draft Payee Whiteacre Minnesota 01

A Typical Time Draft Payee Whiteacre, Minnesota 01 January 16 20___ Ninety days after above date $1, 000. 00 PAY TO THE ORDER OF THE FIRST NATIONAL BANK OF WHITEACRE, MINNESOTA One thousand no/100__________________ DOLLARS VALUE RECEIVED AND CHARGE THE SAME TO ACCOUNT OF Eastman Supply Company To_____________ Bank of Ourtown ______________ Ourtown, Michigan Drawee Chapter 19 Stephen L. Eastman, Pres. By_______________ Stephen L. Eastman Drawer

A Typical Trade Acceptance Drawee Payee 01 Mytown, California _____ March 15 20___ To__________________________________ Comfort Creations, Inc. TRADE ACCEPTANCE On_________PAY June 15, 2001 TO THE ORDER OF ______________ Jackson River Fabrics _______________________DOLLARS________ ------Fifty thousand no/100 -------($------50, 000 -------) _ The obligations of the acceptor hereof arise out of the purchase of goods from the drawer. The drawee may accept this bill payable at any bank or trust company in the United States which drawee may designate. Blackacre, N. Y. March 15 01 Accepted at _____________ on _________20_____ Bank of Blackacre Payable at _____________ Jackson River Fabrics Blackacre, New York _____________ Comfort Creations, Inc. Buyer’s Signature ______________ Tom Smith, T. V. Pres. By Agent or Officer______________ Drawee-Acceptor Chapter 19 Joe Jones, Pres. By_______________ Drawer

A Typical Promissory Note Payee SECURITIES � � INSURANCE � SAVINGS �THER � O SEC. AGREEMENT 1. INV. & ACCTS. 2. CONSUMER GOODS 3. EQUIP April 30 20___ $______Whiteacre, 3, 000. 00 Minnesota _____ 01 Due _____ 6/29/2001 __________________________after date. On or before sixty days For value received, the undersigned jointly and severally promise to pay to the order of THE FIRST NATIONAL BANK OF WHITEACRE at its office in Whiteacre, Minnesota, $__________ dollars with interest thereon from date hereof at Three thousand -8 - percent per annum (computed on the basis of actual days and a the rate of _______ 7 below. year of 360 days) indicated in No. ____ NO. , _____ Clark OFFICER______ BY______ ACCURAL____ � NEW � REN’L SECURED__ � UNSECURED � INTEREST IS PAYABLE AT MATURITY INTEREST IS PAID TO MATURITY INTEREST IS PAYABLE ______ BEGINNING ON _____20____ Laurence E. Roberts SIGNATURE ___________ Margaret P. Roberts SIGNATURE ___________________________ Co-makers Chapter 19

A Typical Small CD THE FIRST NATIONAL BANK OF WHITEACRE NEGOTIABLE CERTIFICATE OF DEPOSIT Payee (Bearer) 13992 22 -1 960 February 15 01 WHITEACRE, MINN. __________20____ $5, 000. 00 THIS CERTIFIES to the deposit in this Bank the sum of ______________________________________DOLLARS ----------Five thousand no/100 --------- 15 th 01 against presentation and August which is payable to bearer on the _____ day of ______, 20____ surrender of this certificate, and bears interest at the rate of _______% per annum, to be computed (on 5 the basis of 360 days and actual days elapsed) to, and payable at, maturity. No payment may be made prior to, and no interest runs after, that date. Payable at maturity in federal funds, and if desired, at Manufacturers Hanover Trust Company, New York. THE FIRST NATIONAL BANK OF WHITEACRE John By ____________________ Doe Maker Chapter 19 SIGNATURE

Converting an Order Instrument to a Bearer Instrument and Vice Versa Jessie Arnold Pay to Mark Hyatt Jonas Tolling Chapter 19 Instrument to a Bearer Instrument A check payable to the order of Jessie Arnold is an order instrument. Arnold indorses the check in blank (by simply signing her name), thus converting the instrument to a bearer instrument, and delivers the check to Jonas Tolling. Indorsement Converting a Bearer Instrument to an Order Instrument Jonas Tolling adds a special indorsement and negotiates the check to Mark Hyatt. The special indorsement, because it makes the instrument payable to a specific indorsee (Mark Hyatt), converts the bearer instrument back into an order instrument. To negotiate the instrument further, Mark Hyatt must indorse and deliver the instrument.

A Blank Indorsement Alan Luberda Chapter 19

A Special Indorsement Pay to Anthony Alfonso Arthur Rabe Chapter 19

A Qualified Indorsement Pay to Elvie Ling, without recourse. Bridgett Cage Chapter 19

For Deposit/For Collection Indorsements For Deposit Stephanie Mallak For Collection only Stephanie Mallak Chapter 19

Trust Indorsements Pay to Ada Johnson in trust for Sarah Emerson Robert Emerson Pay to Ada Johson as Agent for Sarah Emerson Robert Emerson Chapter 19

Negotiability and Transferability Chapter 19

Negotiability and Transferability (Continued) Chapter 19

Negotiability and Transferability (Continued) Chapter 19