Released indorsed bond. Any indorsement on a coupon bond stating that it has been
deposited as security for bank circulation (bank notes) or for insurance requirement may be
released by an acknowledgment of the release before a notary public ; it will then be a delivery in
accordance with New York Stock Exchange rules as a released indorsed bond. Sometimes the
owner of a coupon bond inscribes the fact of his ownership on the bond, as, for instance, "This
bond is the property of John Jones." In such a case in making a change in the ownership of the
bond a formal assignment of it in blank must be executed by the owner and it then may be sold
under the New York Stock Exchange rules specifically as a released indorsed bond.