adopted by public service companies similarly situated or until, by the establishment of public utility commissions in the states wherein the company operates, more definite rules on this subject are laid down for the guidance of the officers. Then the officers will put into effect in this property a working plan for the definite providing of accrued depreciation beyond the full maintenance which the properties always have. "Certain of the real estate holdings of the company have increased pronouncedly from the general appreciation in values in their vicinity. These appreciations in value should be taken into account in any consideration of the more or less academic question of accruing depreciation where properties have been fully maintained." STATEMENT FORM FOR CORPORATIONS1 FROM. ADDRESS. To KNICKERBOCKER NATIONAL BANK, NEW YORK. For the purpose of procuring credit from time to time with you for our negotiable paper or otherwise, we furnish the following as a true and accurate statement of our financial condition on. .190. .... which you are to consider as continuing to be full and accurate until we give you written notice of change. ASSETS Accounts Receivable (not transferred). Notes and Accounts Receivable of officers (not transferred). CONTINGENT LIABILITY: Notes Receivable of customers Discounted or Sold and not included in assets enumerated above. Other contingent liability. We have Not Pledged or Assigned any of the above Accounts Receivable; our Assigned Accounts Receivable amount to.. Other assets used as collateral. INSURANCE: on merchandise $. . buildings.. BUSINESS and RESULTS: Annual Sales for the year ended.. 190 or from. Gross Profits on Sales Expense of Conducting Business Total Insurance. 190 .machinery $. 190. .to. for the same period. for the same period. for the same period. Other Income, including investments Combined Profits for the same period. for the same period. Net Profit Total.. minimum TIME OF YEAR when NOTES and ACCOUNTS RECEIVABLE of CUSTOMERS, Uncollected, are generally maximum. VERIFICATION: have the books been audited by a Cerified Public Accountant?. BUSINESS: what kind of business do you conduct?. t if so, Date. minimum. minimum if so, Name and Date of Audit. (Please sign corporation name). Please Give Particulars of Each Parcel of Real Estate Date Signed. 190. By. 1 Form adopted by New York State Bankers' Association. NOTE USED TO PROTECT OVERDRAFTS New York, 19.... On demand for value received,... ... promise to pay to 1 NATIONAL BANK OF FINANCE IN NEW YORK, or order, at the office of said Bank in the City of New York, the sum of Dollars, hereby agreeing that said Bank shall have a lien upon all property of the undersigned and all collaterals pledged by the undersigned, now or hereafter in possession of said Bank, or under its control, as security for any indebtedness of the undersigned now existing or to become due or that may be hereafter contracted, with the right at any time to demand additional security and with the right, in case of failure to comply with such demand for additional security or in case of default in payment, to sell without advertisement or notice to the undersigned, at any broker's board in the City of New York, or at public or private sale in the said City or elsewhere, or to otherwise dispose of the same in the discretion of any of the officers of the said Bank, without notice of amount due or claimed to be due, without advertisement, and without notice of the time or place of sale, each and every of which is hereby expressly waived, applying the proceeds thereof upon the said indebtedness, together with interest and expenses, legal or otherwise, the undersigned to be liable for any deficiency. It is further agreed, that upon any sale by virtue hereof, the holder hereof may purchase the whole or any part of such property discharged from any right of redemption, which is hereby expressly released to the holder hereof, who shall have a claim against the maker hereof for any deficiency arising upon such sale. It is further agreed that any moneys or property at any time in the possession of said Bank belonging to any of the parties liable hereon to said Bank, and any deposits, balance of deposits, or other sums at any time credited by or due from said Bank to any of said parties may at all times at the option of said Bank be held and treated as collateral security for the payment of this note or the indebtedness evidenced hereby whether due or not due, and said Bank may at any time at its option without demand for payment and without notice charge this note to the account of the undersigned with said Bank, or set off the amount due or to become due hereon against any claim of any of said parties against said Bank. 1 Fictitious name. This note, however, is in actual use. $... COLLATERAL NOTE New York,.... 19 ..after date, for value received the undersigned promises to pay to The National Park Bank of New York, or order, at its banking house in the City of New York,...... ..Dollars,. having deposited with said Bank, as collateral security for the payment of this note and of any other liability or liabilities, direct or contingent, due or not due, of the undersigned to the said Bank, or claims of said Bank against the undersigned, whether now existing or hereafter incurred, or acquired by said Bank, the following property, viz.: the undersigned also hereby giving to the said Bank a lien, for the amount of all the aforesaid liabilities and claims upon the title or interest of the undersigned in any other property or securities left with the said Bank for safekeeping or otherwise, or coming to the possession of said Bank in any way, and also upon the balance of any deposit account of the undersigned with the said Bank at any time existing, such deposit balance and other property to be regarded as additional collateral security for such liabilities and claims, with the right to the said Bank in its discretion to resort first to any part of the collateral. In case any of the securities above pledged should decline in market value, the undersigned hereby agrees to deposit with the said Bank, without notice or demand, additional collateral security satisfactory to it; and further agrees that in case of failure to deposit such additional collateral, or in case of the failure of the undersigned to meet at maturity any liability of the undersigned, either to said Bank or to any other party, or upon the declared insolvency or failure in business of, or appointment of a receiver for, or commencement of bankruptcy proceedings by or against the undersigned, or the entry of any judgment against the undersigned, or in case of any such default, insolvency, appointment of receiver, bankruptcy proceedings or judgment by or against any endorser or guarantor of this note, all liabilities of the undersigned to said Bank including this note, shall, at the option of said Bank, without demand of payment thereof, immediately mature and become forthwith due and payable. The undersigned further agrees that upon failure to pay this note at maturity or upon its becoming due in accordance |