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Smith's Financial Dictionary · 1903 · p. 180
stockholder. One who holds (in whose name is made out and stands) stock which in fact belongs to another. It is a common practise for large owners of stocks to have their stocks made out in the names of clerks and brokers. The purpose is to conceal the actual ownership. When a broker buys stock for a speculator the certificate is not made out in the name of the speculator. A certificate, signed (a igned) in blank (see A igned in blank) by the original owner is received by the buying broker from the selling broker and this certificate may on the resale of the stock be delivered to the new buying broker, and so on, the same certificate continuing to serve indefinitely in transactions. Dun’s. The name of one of the commercial agencies. ‘ Duplicate check. When a check has been lost or stolen ' payment of it is stopped (see Stop payment) and a new check is i ued, usually bearing the same date and number. Transversely (up and down) acro the face of it is written, generally in red ink, the word “Duplicate.”
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