St. Tammany farmer., 1906-05-19


rents. Possessing such power, when
she signs or indorses a paper for the
other party, she writes that persons
name, followed by her own name
with the word Attorney"
Often a woman is administrator Of
an estate, treasurer, trustee, OF in
some capacity where money is intrust-
ed to her care. In this event she
should keep the funds OF the estate or
organization entirely separate from
her own and should deposit them in
the bank under her own name with
the title of the Office she holds affixed.
For instance. Mary R. Condit Is treas
urer for the old ladies home OF Phoen-
TX, Ariz. AS such, she handles money
belonging to this Institution. She
should deposit this under the head
Mary r. Condit, treasurer Of old ladies'
home, Phoenix, Ariz., and in draw
ing checks should sign them In the
same way. OF course, she is responsi-
BILE for every cent that passes through
her hands and her cancelled checks
serve as vouchers for money expended.
'swhat is meant by the word PRO
tested?" I had draft come back
to me with that word written across
the back?" Miss A. L. B.
Either check or draft may be
protested. It is in reality a formal
statement Of bank. or person, given
power to protest by the state CASUALLY
a notary public) that the paper was
presented for payment and refused.
TO have note protested is an injury
to a business man or woman. In some
states where there is an ihdorser to
the note, It is necessary to have the
note protested and notice Of protest
mailed to the indorser in order to
make him liable for its payment.
often on the back Of note Is written
"'notice Of protest waived" above the
name of the indorser and In this case
It IL not necessary to protest in order
to make the indorser liable II the
maker does not pay.
"How shall take out fre insur.
ance policy on my property? A House
Owner" -
Apply to the agent Of some respon.
sible fire insurance company. Have
the policy made out in your name II
you are the legal owner. Notice what
The policy says about property that Is
left vacant or without q care taker
II your property becomes vacant, no
tify the agent at once. You can insure
in more than one company, but any
company should be told Of insurance
you are holding at the time This Il
to prevent the issuance Of insurance
to more than the value Of the property
.If I rent a home, what is meant by
"ten days notice. weeks notice.
etc? Interested Reader"
Usually q lease Is drawn up for 9
certain length Of time. agreed upon BY
the landlord and tenant. For In
stance, q lease may read that the ten
ant can occupy premises until they
are sold, or that the length OF the tern
may be renewed for certain time
Generally, In every agreement some
date il selected as liking the end o.
the tenancy. When lease reads sub
iect to SO many days notice, the mean
ing is 30 many days notice before thu
last day Of the lease expires. II you1
tease expires December 81, at midnight
ana you have q clause to the efect
that you are to give two weeks notice
you should give the notice on Decem
ber Is. The position Of landlord and
tenant Is often dih'cult one. Land
lords should remember that property
kent in good repair obtains q good
class Of tenants, and that frequent
changes In tenants are detrimental
On the other hand, some tenants are
utterly regardless Of others property
and lax about paying rent. As rule
Il IL better for q woman to pay AT
agent faye per cent. and let him col
Iect her rent and attend to the prop
ertv. Leases should always be reat
.nd the terms clearly understood BY
| hoth landlord and tenant. for other
vise hard feeling and law suits may
arise The man who said that fo1
ve.rs he had rented houses and con
s,dered landlords the meanest people
on earth. added that when he owned
. block OF buildings and rented to ten
onta he came to the conclusion thai
tenants were the meanest people thai
i existed.
4 have recently been elected treas
urer Of society. What are my du
ties? Club Woman"
The treasurer is keeper Of funds ant
accounts Of society. You shoult
keep an accurate record Of money re
ceived and paid out. To protect your
self, for you act as agent and In tn
capacity OF bank, You should neve
pay out money unless on authority @
i vote at regular meeting, and shoult
keep all vouchers when received from
the bank az receipts 70 show disburse
ments. You are liable for the repay
nent Of the society's funds, and sh0ult
keep those accounts separate and dis
tinct from your own. In case You NIL
four private property with that of th,
society, the law decides - favor Of th'
organization.
n have i sick sister who is Of age
md has property. She wishes me e