for Economically Conducting Business.
Year: 1886

page_text: Date of Application, 11th Nov., 1886.
Complete Left, 20th Jan., 1887.
Complete Accepted, 22nd Feb., 1887.
for Economically Conducting Business.
WILLIAM HENRIE MCDOUGALL Mercantile Cashier residing at "Gracemount"
Bonnyrigg Midlothian Scotland do hereby declare the nature of this invention to be
as follows:-
A Device or Devices & its or their application to New and Improved Methods of
doing business & these may be Unstamped and Stamped but principally Unstamped
till Cheque is drawn, when the Drawer thereof must affix Stamp before Cheque is
transmitted to Payee.
The object of these New & Improved. Forms is to Condense Old fashioned modes of
doing business, into a shorter, more Precise, less Risky and more Economical method,
whereby the usual Receipt Stamp is saved, on account of Drawer of Cheque not
requiring any further Receipt than Payees Endorsement on it, for example the
Unstamped Forms first. This Form consists all Combined in One Document, of a
Statement, for rendering particulars of an Account, Of a Blank Cheque all ready to
fill up for remitting account, Of a Memorandum to Payee stating the conditions of
remittance & (after Cheque is Stamped and Cashed) Of a Receipt into which the
account is necessarily converted, by the Payee's endorsation, (which stands as a Valid
discharge,) & Of a Reversible Safety-opening Postal Wrapper which can be used
twice for Transmitting the Document.
As compared with Methods at present in use, the saving of documents & time
making them out, is saved Considerably by using the New Forms, and when required
for Filing or other purposes the used documents that have been cashed, may be had
Periodically as per arrangement, by applying for same at the Drawers Banker, thus as
is customary the looking after Receipts for remittances sent, will be entirely done
away with, as the Drawer of Cheque consequently, is saved this trouble.
Security of discharge in full is got by the use of New Device, as the acceptance of
remittance is Conditional to the Full Discharge of account as per the particulars
given on the Statement side of document. The use and Application of the

page_text: Unstamped Forms, would be firstly, by a Creditor as rendering thereon, on the state-
ment side, a note of account due to him by his Debtor, and Secondly as a Memorandum
& Blank Cheque on other side of same Document for Debtors use in remitting
account. Thirdly as a Receipt for the Debtor or Drawer of Cheque, which is con-
verted into such when the Creditor or Payee uses or endorses Cheque, said endorsement
necessarily appearing on the Statement side of Document therefore discharges in full
the Debt as per the particulars stated thereon, consequently no other Receipt is
required, and for this reason the Drawer of Cheque is at liberty to deduct value of
Receipt Stamp from Amount of Remittance before drawing out Cheque.
These Forms may also be furnished with or without an Impressed Stamp on the
Cheque side for use by a Debtor in remitting an Account, the particulars of which he
may fill up himself on the Account side and remit to his Creditor in the way already
described. If the unstamped Form is used Drawer of Cheque requires to affix stamp
thereto before issuing it.
Impressed Stamped Cheques as are now in use may be converted into a Combined
Statement of Account, Bank Cheque & Receipt thereof by the aid of India Rubber
Stamps or other means and the value of Receipt Stamp deducted by the Drawer of
Cheque from the amount of it as in the other cases hereinbefore described.
Where neither a Creditor or his Debtor uses the New Forms the Impressed
Stamped cheques now in use when received by Payee may likewise be converted by
him into a Combined Statement of Account, Bank Cheque & Receipt thereof by the
aid of India Rubber Stamps or other means. In this case the Payee before Endorsing
& Cashing Cheque would require to enumerate the particulars of Account on the
Statement side, in Settlement of which cheque is given. The Receipt Stamp thus
saved by him would in this case remain his, but in his option may be sent to the
Drawer of Cheque who by the foregoing principles would have no separate receipt
sent him for the Cheque he issued.

page_text: A Novel Arrangement of Mercantile Forms, Cheques, and Receipts
for Economically Conducting Business.
WILLIAM HENRIE MCDOUGALL Mercantile Cashier residing at Gracemount,
Bonnyrigg, Midlothian, Scotland do hereby declare the nature of this invention and in
what manner the same is to be performed, to be particularly described and ascertained
in and by the following statement :-
A Device or Devices & its or their Application to New and Improved Methods of
Conducting Business, & these may be Unstamped, and Stamped, but principally
Unstamped, till Cheque is drawn, when the Drawer thereof must affix stamp thereto,
before cheque is transmitted to Payee.
The object of these New & Improved Forms or Devices, is to condense Old
fashioned modes of Conducting Business, into a Shorter, more Precise, less Risky, and
more Economical method, whereby the usual Receipt stamp saved, on Account of
Drawer of Cheque not requiring any further Receipts than Payees Endorsement on it,
the same Constituting a Valid discharge, therefore a Separate receipt being quite
unnecessary, as also the Saving of Superfluous Documents & the Postage stamp or
Stamps required to transmit the same. For example the Unstamped Form or Forms
first. This Form or Forms Consist all Combined in One Document, of a Statement,
for rendering particulars of an Account, of a blank Cheque, all ready to fill up for
remitting Account, of a Memorandum to Payee, stating the Conditions of remittance,
& (after Cheque is stamped and Cashed) of a Receipt, into which the account is
necessarily converted by the Payees endorsation, (which stands as a Valid discharge)
& of a Reversible Safety opening Postal Wrapper which can be used twice for
Transmitting the Document.
As compared with Methods at present in use the saving of documents and time
making them out, is saved Considerably by using the New Forms, and when required
for Filing or other purposes, the used documents that have been cashed, may be had
Periodically, as per arrangement, by applying for same at the Drawers Banker, thus
as is customary the looking after Receipts for remittances sent, will be entirely done
away with, as the Drawer of Cheque consequently is saved this trouble.
Security of Discharge in full is got by the use of New Device, as the acceptance
of remittance, is conditional to the Full Discharge of Account, as per the particulars
given on the Statement side of Document.
The Use & Application of the Unstamped Forms, would be firstly, by a Creditor
as rendering thereon, on the statement side, a note of Account due to him by his
Debtor, and Secondly, as a Memorandum, and Blank Cheque on other side of same
Document for Debtors use in remitting account, Thirdly, as a Receipt, for the Debtor.
or Drawer of Cheque, which is converted into such, when the Creditor or Payee uses
or endorses Cheque, said endorsement necessarily appearing on the statement side of
Document, therefore, Discharges in full, the Debt, as per the particulars stated
thereon, consequently, no other Receipt is required, and for this reason, the Drawer of

page_text: Cheque, is at liberty to deduct value of Receipt Stamp, from Amount of Remittance,
before drawing out cheque, and Fourthly, as a Reversible safety-opening Postal
Wrapper, for Transmitting the Document twice.
These Forms, may also be furnished, with or without an Impressed stamp, on the
cheque side for use by a Debtor in remitting an Account, the particulars of which he
may fill up himself on the Account side, and remit to his Creditor, in the way already
described. If the Unstamped Form is used, Drawer of Cheque requires to affix stamp
thereto, before issuing it.
Impressed stamped cheques, as are now in use, may be Converted into a Combined
Statement of Account, Bank Cheque, & Receipt thereof, by the aid of India Rubber
Stamps or other means, and the value of Receipt Stamp, deducted by the Drawer of
Cheque, from the amount of it, as in the other-cases hereinbefore described.
Where neither a Creditor, or his Debtor, uses the New Forms, the Impressed
stamped cheques, now in use, when received by Payee, may likewise be converted by
him into a Combined Statement of Account, Bank Cheque, & Receipt thereof, by the
Aid of India Rubber Stamps, or other means. In this case, the Payce before endors-
ing, and Cashing Cheque, would require to enumerate the particulars of Account on
the statement side, in Settlement of which Cheque is given. The Receipt Stamp thus
saved by him, would in this case remain his, but in his option, may be sent to the
Drawer of Cheque, who by the foregoing principles would have no separate Receipt
sent him for the cheque he issued.
Having thus particularly described my Invention, & the manner in which the
same may be practically carried into effect, I wish it to be understood, that I do not
confine myself, to any particular design, shape, or Wording of document, which may
be varied, without in any way departing from the Invention, or the merits thereof,
but as a fair example, of wording, and shape, that may, or would be used in actual
practice, the following will be a Sufficient example, as per drawings herewith.
Fig. 1. is the Statement of Account, and Receipt Side, of Device.
(A.) Within this space, is the Title of this side of Device, & will be used for
either writing or printing &c. the name and address of Debtor or Drawer of Cheque,
as also, the name and address of Creditor or Payee of Cheque.
(B.) Within this space, is the ruling of date, & money columns, for the purpose of
giving particulars of, or rendering a Statement of, Account.
(C) Within this space, is a request to use Cheque, with instructions, and other
information, in connection with Device, as follows-
When remitting, please fill up, & use Cheque, as per Form on other side, filling in
name of Banker. The Discharge of this Account is Exempt from Receipt Stamp
Duty, and valid by Payees signature, which constitutes, the endorsement of Cheque,
the value therfore, of Receipt stamp, may be deducted from Amount, before drawing
out Cheque. Banker will deliver up to Drawer of Cheque, these documents, on
application, which then, may be filed away as receipts.
Fig. 2. is the Reversible, Safety-opening Postal Wrapper.
(D.) Are Flaps at each end, suitable for transmitting the document twice, & these
Flaps are gummed same as envelopes, and used in the same way as such, for sealing
up the document,. for posting purposes. The unused flap, may be turned in, flush,
with the end of document attached, at the point of the angle, a little piece down from-
the perforated lines.
(E.) Are perforated lines, to be used for safely opening the Wrapper, to preserve
Contents, as also the preservation of Wrapper itself, and also printed instructions to
this effect, namely, Cut Envelopes open at perforations, to preserve Contents, and also
save destroying of Wrapper.
(F.) Is Reversible Safety-opening Postal Wrapper, and after attached document, is
turned over, and laid flat thereon, the whole document can be folded up, in such a
manner, as is well known, by every person who uses Postal Wrappers, in order to
keep document covered in, resulting in a Square or Envelope shape, when flap may be
turned over in the usual way, and sealed, after which the Wrapper is ready for
addressing, in the usual fashion.

page_text: (G.) Is the place to affix Postage stamp, denoting the value thereof required.
Fig. 3. is the Device, turned over, and lying flat on the top of Reversible safety-
opening Postal Wrapper, and showing on top, Memorandum and Cheque side.
(H.) Are the Reversible Safety-opening Postal Wrapper flaps, for twice closing up
the document, to be used twice for transmitting the same, as already described.
(I.) Is the Memorandum, from the Drawer of cheque to the Payec, stating
conditions of issue.
..
Namely. Please receive the remittance, in settlement of account, on back hereof.
Endorsation will be accepted as a valid discharge, therefore, kindly note, not to send
any receipt. Drawer by using these Forms, saves the receipt stamp. Consequently
deducts the value thereof, from Account. If amount of Cheque is incorrect, any
alterations made by Payee on Account side, require to be initialled by the Drawer,
before Banker will Cash Cheque, therefore, be good enough to return document, and
if required, a fresh one will be sent in exchange.
Your attention is requested, and much oblige.
(J.) Is the Blank Cheque, for the Debtor or Drawers use, in remitting account,
(as per the particulars on back thereof) as follows―
Endorsement is a Valid discharge, therefore, Drawer of this Cheque, requires no
further receipt or Acknowledgement from Payee.
(K.) Is a little square, indicating the places where Stamp is to be affixed, with
following remarks, namely, Drawer of Cheque requires to affix here one Penny Stamp
and cancel it.
I now declare therefore, that what I claim is-
First. A Device Consisting all combined in one, of a Statement Form, to be used
for rendering or giving particulars of an Account on, of a Blank Cheque (unstamped
or stamped, but principally unstamped) till cheque is drawn) for remitting said
Account, of a Memorandum, stating the conditions of said remittance, and after
cheque is stamped, and Cashed, of a Receipt, into which the Account is necessarily
converted, by the Payees signature or Endorsation, and of a Reversible safety-opening
Postal Wrapper, for transmitting the document twice, substantially as and for all the
purposes, as hereinbefore described.
in
use,
Second. The conversion of Ordinary Impressed Stamped Cheques as are at present
into a Combined statement of Account, Cheque, and Receipt, by the aid of
India Rubber Stamps, or other means, to effect the necessary printing or ruling
required, substantially as, & for the purposes, herein before described.
Third. The Issuing, or Using, of these Devices, or Forms, by a Creditor, to his
Debtor, as, and for, an Account Statement Form, for rendering particulars of an

page_text: Account on, or for use of, or by, a Debtor, when remitting his Creditor, all, as sub-
stantially, herein before described.
Fourth. The Utilization of these Devices, or Forms, by the Creditors Debtor, as a
Cheque, for the purpose of remitting the Account, as per the particulars enumerated
on statement side, or Form, whether, these particulars, have been rendered by the
Creditor, on said Form, or given by the Debtor himself, as hereinbefore described.
Fifth. The Utilization of these Devices, by the Creditor, or Payee of Cheque, for,
and as, a Receipt, to, or for, the Debtor, for Amount of remittance, which by Payees
signature, or Endorsement of Cheque, is then converted into a discharged Account,
and in lieu therefore, of sending his Debtor a Separate Receipt, or acknowledgment
for remittance, as is Customary at present, allows "Debtor, the value of Receipt stamp
thus saved.
Sixth. The adoption of these Devices or Forms, as, & for, the purposes of
Receipts, or Discharged Accounts, by the Drawer of Cheque, for preservation, in case
of need to prove the settlement of a debt, instead of a Separate receipt, as is the
Custom at present.
Seventh. The absolute Certainty, of Drawer of Cheque, getting Receipts for all
remittances, so made, and Accepted by Payee, without the usual trouble and anxiety,
looking out for, or after, the saine coming in from the separate Individuals, Cheques
have been issued to, or in favor of. Because, on application, the Banker must pro-
duce, all said documents, against which,, he has made payments out of Drawers
Account.
Eighth. The particular Methods adopted for the Use and Application, of Device,
Devices, or Forins as per the seven preceeding claims, specially for the purpose, of
Economically conducting business, on a shorter, more precise, & less risky fashion
than at present, to effect a great Saving in Receipt Stamps, as also Postage Stamps,
besides documents, time making them out & so forth, as is, or can, be easily
understood, by any one engaged in business, substantially as, & for all the purposes
already herein before described.
WILLIAM HENRIE M©DOUGALL.