This form of certification might be employed in connection with a designation such as given in Form 18 (b) upon the election of a new president or treasurer, evidencing to the bank the fact of their election and their power to act.. Form 24.-Certification of Treasurer's Report. I, Henry B. Blessing, Secretary of the Broadway Publishing Company, do hereby certify that the foregoing is a true and accurate copy of the report of the Treasurer of said Corporation, John W. Dennison, as presented by him to the Board of Directors at their regular meeting held on the 14th day of January, 1908, and filed by order of said meeting among the records of the Corporation. IN TESTIMONY WHEREOF, I have hereunto affixed my official signature and the corporate seal of said corporation this 20th day of January, 1908. HENRY B. BLESSING, (Corporate Seal.) Secretary. The following auditor's statement and certificate accompanied a balance sheet showing the assets and liabilities of the bank examined. The certificate gives a very good outline of the thorough investigation required before an unqualified auditor's report can be properly made. Form 25.-Auditor's Certificate. Unqualified. Gentlemen: CERTIFICATE. We have audited the books and accounts of the HARTFORD NATIONAL BANK for the year ending January 31, 1907. In detail, our procedure was as follows: RESOURCES. Loans and Discounts.-These were verified by actual inspection of the notes on hand. Certificates were obtained from correspondents stating that they held for collection the notes which were not produced. In all cases, letters were sent to makers, or endorsers, requesting confirmation of the genuineness of the notes; and in the case of collateral loans, the collaterals were stated in detail in the letters. Replies have been received from borrowers whose notes make up 95.44 per cent. of the total. The securities pledged as collateral were appraised and the margins were found to be ample in each case. Stocks and Bonds.-These were verified by inspection. The appraisal of these securities shows that they are carried at a conservative valuation. Due from Banks.-Statements have been received from correspondents, and all differences have been reconciled. Cash and Cash Items.-The cash in vault was verified by actual count. The cash items were verified by inspection and were traced to final payment. Certificates were obtained from each member of the Clearing House stating that all the exchanges were paid February 1. Certificates were obtained from reserve agents stating the balances they held, and all differences were reconciled. All Other Resources.-All items appearing under resources in the accompanying statement, and not specially mentioned above, were verified and found to represent real assets. LIABILITIES. Surplus and Undivided Profits.-The earnings for the year ending January 31, 1907, were analysed and found to be correct. Due to Banks-Statements of account were sent to correspondents, and certificates obtained stating that the balances were correct. DEPOSITS. AS many pass-books as possible were balanced. Requests for a confirmation of their balances were mailed to those depositors who did not send in their pass-books. Certificates stating the balances were correct, have been received from individual depositors whose balances compose 92.56 per cent. of the total. All Other Liabilities.-All items appearing under liabilities in the accompanying statement which are not specially mentioned above were verified and found to be correctly stated; and We Certify that the accompanying statement shows the true condition of the Hartford National Bank at the close of business January 31, 1907. BENTLEY & LAIRD, Public Accountants. Form 26.-Treasurer's Affidavit to Financial Statement. STATE OF NEW YORK, SS.. Personally appeared before me this 16th day of January, 1908, Albert Robinson, who being first duly sworn, deposes and says that he is the Treasurer of the Bardwell Hardwood Company; that he has full charge and control of all the books and accounts of said Company; that the above and foregoing statement is taken from said books and accounts; that it is a true and accurate transcript therefrom, and that to the best of his knowledge and belief it is a just and correct presentation of the financial condiion of said Company on this date. Form 27.-Notarial Acknowledgement and Exemplification. STATE OF NEW YORK, } SS.. Personally appeared before me this 8th day of January, 1908, Thomas Martin, to me well known, and acknowledged that he signed the foregoing certified resolution and affixed the seal of the Willistown Cotton Thread Company thereto as Secretary of the said Company for the purposes therein set forth, and I have personally examined the Minutes of said Company under said date of January 8th, 1908, and certify that the foregoing resolution is correctly transcribed therefrom. MAURICE MANN, {NOTARIAL} Term expires December 1st, 1908. Notary Public for the State This acknowledgement and exemplification refers to the resolution given in Form 20, and in the original appeared upon the same sheet as did the resolution and its certification by the secretary. CHAPTER XXXV. DIVIDEND NOTICES. As a rule, when dividends are paid by the larger corporations, checks are mailed to the stockholders for the respective amounts due them. In such case notice of the declared dividend is usually given by publication alone, this notice in connection with the dividend check (See Form 10) being considered all sufficient. If, however, dividends are paid at the office of the treasurer or at some bank or trust company acting for the company, and the stockholders are required to call or send for the dividends due them, a publication notice may not in itself be sufficient, and notice by mail should also be sent. (See § 251.) The notices of the present chapter are in publication form but any of them may by slight changes, as noted later, be brought into proper form for mailing notices. Form 28.-Common Forms of Dividend Notices. (1) Southern Pacific Company. (a) Common. SOUTHERN PACIFIC COMPANY. A Quarterly Dividend of ONE DOLLAR AND FIFTY CENTS per share, being the fifth dividend of the Common Capital Stock of this Company, has been declared payable January 2, 1908, to the bearers of Dividend Warrants No. 5, annexed to certificates representing such stock, upon presentation and surrender of such warrants to the undersigned Treasurer at the office of the Company, 120 Broadway, New York. New York, November 14, 1907. A. K. VAN DEVENTER, Treasurer. (b) Preferred. SOUTHERN PACIFIC COMPANY, 120 Broadway, New York, November 14, 1907. A dividend of THREE AND A HALF PER CENT. ($3.50 per share) was this day declared on the Preferred Stock of the Southern Pacific Company, payable on demand on and after the 15th day of January, 1908, to the stockholders of record at 3 o'clock P. M. on Tuesday, December 31, 1907. The stock transfer books will be closed at 3 o'clock P. M. Tuesday, December 31, 1907, and will be reopened on January 15th, 1908. Stockholders who have not already done so are requested to file mailing orders for dividends with the undersigned, from whom blank orders can be had on application. A. K. VAN DEVENTER, Treasurer. The following notices are verified by both treasurer and secretary. (2) American Car & Foundry Company. (a) Common. AMERICAN CAR & FOUNDRY COMPANY. NEW YORK, December 6, 1907. COM. CAPITAL STOCK, DIVIDEND NO. 21. The Board of Directors has this day declared a dividend of One Per Cent. (1%) on the Common Capital Stock of the Company, payable January 1, 1908, to stockholders of record at the close of business December 11, 1907. Transfer books will close December 11, 1907, and reopen January 2, 1908. Checks will be mailed by the Guaranty Trust Company of New York. S. S. DELANO, Treasurer. WM. M. HAGER, Secretary. (b) Preferred. AMERICAN CAR & FOUNDRY COMPANY. NEW YORK, December 6, 1997. PREF. CAPITAL STOCK, DIVIDEND NO. 35. The Board of Directors has this day declared à dividend of One and Three-quarters Per Cent. (134%) on the Preferred Capital Stock of the Company, payable January 1, 1908, to stockholders of record at the close of business December 11, 1907. Transfer books will close December II, 1907, and reopen January 2, 1908. Checks will be mailed by the Guaranty Trust Company of New York. |