31From Alexander Hamilton to Nathaniel Appleton, 13 December 1790 (Hamilton Papers)
I am of opinion it will be most proper that a person having a general power to transfer stock should not transfer to himself. He may as well transfer to a third person, who can afterwards transfer to him, which will avoid all question. When you issue new certificates on a transfer of stock, it will be well that on the back of the cancelled certificate (or file of cancelled certificates, if...