Scrip

" A certificate or schedule. Evidence of the right to obtain shares in a pub- 1 [United States v. Eoyall, 3 Cranch, C. C. 622 (1829): Jacob's Law Diet. 2 4 Bl. Com. 168. 3 James v. Commonwealth, 11 S. & E. 226-36, Duncan, J., Gibson, J., Tilghman, C. J. * Commonwealth v. Mohn, 52 Pa. 245-46, Woodward, C. J. See also Whart. Cr. L. 171; 1 Bish. Cr. L. § 147; 1 Buss. Cr. 302; Laws of Prov. of Pa. (1682-1700j, Linn, 115, 145; 29 Harper's Weekly, 759-60 (1886). ' [Mc Cafferty v. Guyer, 59 Pa. 116 (If""' « Cowell's Law Diet. lie company: a scrip certificate, in distinction from the real title.' Scrip certificate. Entitles the holder to apply for shares in a public company.

Insurance scrip

Shows that the holder will be entitled to a share in the profits of the company which issued the scrip whea they have been realized and declared. 2 Scrip issued in England by the agent ot a government, the holder, on payment of all installments, to receive the definitive bonds, and which, by the usage of dealers in public securities, is transferred by mere delivery, passes by such a delivery to a bona fide holder for value without title; that is, such script is itself a negotiable instrument.' State scrip, declaring on its face that it is receivable for " taxes and dues," gives the holder no right to have it received for tases unless he owes the taies.^ See Dividend, 3.