The Montgomery advertiser., 1907-01-20
of "Power of Attorney,s Protecting . Draft, "Collateral," surance Policy-Rental Leases Duties of . Club Treasurer.
pY KATHERINE LOUISE SMITH

BY KATHERINE LOUISE SMITH. Copyright, 1906, by Joseph B. Bowles.)
 Sometimes a woman encounters le- gal terms in business that sound tor midable. Many undoubtedly are, but some are readily understood, and, stripped of their legal verbiage. can be simply explained. Take, for instance. the expression Power of attorney" Miss A. is told she had better give power of attorney to some one during her protracted absence from home. Miss A is inexperienced. and the term power of attorney suggests business technicalities she does not understand. In reality, all that Is meant is that she empowers some one to sign papers and look after her business during her absence. Or. the situation may De re- versed and a woman may be given power of attorYey Or, the situation power of attorney. This is often done in the case of infirm or aged parents. Possessing such power. when she signs or indorses paper for. the other party, she writes her own name with the word Attorney
 Often a woman Is administrator of an estate, treasurer, trustee, or 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 or office she holds affixed. For instance. Mary R. Condit is treas urer for the old ladies home on Phoen- K. Ariz. As such, she handles money belonging to this institution. She should deposit this under the head of Mary R. Condit treasurer of old ladies' home. Phoenix, Ariz., and in drawing checks should sign them in the same way. Of course. she is responsible for every cent that passes throuhg her hands and her cancelled checks setve as vouchers for money expended.
 What is meant by the word pro, testedr I had a draft come back to me with that word written aci oss the back?"4 Miss A. l.. R.
 Either a check or a draft may be protested. It Is in reality a so~maI statement of a bank. or person. given power to protest by the State tusually a notary public) that the paper was presented for payment and refused. To have a note protested is an injury to a business man or woman. In some States where there is an indor5er to the note, 1t is necessary to have the note protested and notice of protest mailed to the indorser in order to
  Often on the back of a note is written notice of protest waived" above the name of the indorser in this case 1t is not necessary to protest in cTder to make the indorser liable if the maker does not pay.
 How shall take out a fire insur- ance policy on my property? A House Owner"
 Apply to the agens of some respon- sible fire insurance company. Have the policy made out in your name If you are the legal owner. Notice what the policy says about property that is left vacant or without a care taker. If your property becomes vacant, mo- tify the agent at once. You can iasure in more than one company, but snV company should be told of insurance you are holding at the time. This is to prevent the issuance of insurance to more than the valueof the property.
 "If rent home. what is meant by ten days notice" weeks notice. etc? Interested Reader"
 Usually a lease is drawn up for certain length of time. agreed upon by the landlord and tenant. For in- stance, a lease may read that the ten ant can occupy premises until they are sold, or that the length of the term may be renewed for a certain time. Generally, in every agreement some date is selected as fixing the end of the tenancy When a lease reads sub- ject to so many days notice, the mean ing is so many days notice before the last day of the lease expires. If your lease expires December 31, at midnight, and you have clause to the effect that you are 10 give two weeks notice. you should give the noti&e on December IS. aF Ion fanant Is often a difficult one. Landlords should remember that property kept In good repair obtains a good class of tenants, and that frequent changes Tn tenants are detrimental. On the other hand, some tenants are utterly regardless of others property and lax about paying rent. AS a rule, 1t Is better for wo- man to pay an agent i've per cent. and let him collect her rent and attend to the property. Leases should always be read and the terms clearly under stood by both landlord and tenant. for otherwise hard feeling and law suits may arise. The man who said that for years he had rented houses and con- sidered landlords the meanest people on earth added that when he owned block of builings and rented to ten ants. he came to the conclusion that tenants were the meanest people that existed.
 "I have recently been elected treas urer of 8 society What are my du- ties? Club woman"
 The treasurer Is keeper of funds and accounts of society You should keep an accurate record of money re- ceived and paid out. To protect your self, for you act as agent and in the