four different accounts may be open at the same
time in the same name or names, but they must
be distinguished as accounts A, B, C, and D.

In order to sell stock the holder may attend
at the Bank of England himself accompanied
by his broker, and then and there have the
transfer made and the money paid. But this
would be unusual and held to imply mistrust,
without perhaps occasion for it. The safest plan
is for the holder to instruct his bankers to carry
out the transaction, and give them a Power of
Attorney to enable them to do so. A special
form of power is provided by the Bank of Eng-
land, the cost of which is 11s. 6d. The Inscribed
or Registered Stocks of most of the Colonial
Governments are dealt with in the same way, as
well as Indian stocks and the stocks of many of
our larger towns. The account of an investor
may be added to or diminished at any time with-
out difficulty or delay.

The stocks and shares of railway and other
companies may be purchased through a broker
or banker, and the holder passes them over to
a buyer by a formal deed of transfer. The
purchaser's name, address, and description are
carefully registered in the books of the company,
and he has then accepted all the responsibilities
that may attach to the shares. For instance, the