Signature. A name as written by the person to whom it belongs. In assigning stock or a registered
bond the name must be written precisely as it appears on the face of the certificate. Initials signed
to a paper with the intention that they shall stand as a signature are binding. In the courts of New
York state it has frequently been held that any mark made with this intention was a sufficient
signature. In one case the court held that "where a party placed the figures '1.2.8.' upon the back
of a bill of exchange by way of substitute for his name, intending thus to bind himself as indorser, it
was a valid indorsement, though it appeared he could write." In another case the signature was by
initials and the court said: "A party signing a written instrument with his initials, intending thereby to
bind himself, is as effectually bound as he would be by writing his name in full."