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Caption: Course Catalog - 1878-1879
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86 Illinois Industrial University. thorough. Contracted methods are given to enable the student to deal with the common problems in business, rapidly and accurately. Many business men labor through addition with great effort and slowness, often obtaining, at the end, a wrong result. The method of reading a column of figures for the amount, as a line of letters is taken in for the thought, is taught. It is to the usual method of addition, as short hand reporting is to long hand writing and can be easily acquired. COMMERCIAL LAW. Daily recitations upon this subject are held during each Spring term. Among the subjects considered are; Contracts, Agency, Negotiable Paper, Partnerships, Corporations, Guaranty, Sale of Chattels, Stoppage in Transitu, Payment, Tender, Interest and Usury, Bailments, Insurance, Probate matters and Real Estate Conveyances. Among the authorities referred to, and subject to the student's use in the Library, are; Blackstone, Kent, Cooley, Story, Parsons, Dillon, Field, Benjamin, Bouvier and Revised Statutes of Illinois. Lectures are also given on kindred subjects, such as organization and jurisdiction of Federal and State courts, city, county, township and village organizations, proceedings in courts, etc. Practice is required in drawing legal papers, such as contracts, articles of partnership, powers of attorney, bills of sale, deeds, bonds, mortgages, etc. BANKING. All of the preceding may be taken during the first year, while Banking can be acquired only in the second. The subject is studied theoretically through the first term, the student writing up transactions, taken from the books of a banking house, which cover a period of twelve months. He is then fitted to enter the "Commercial Department Bank," where he fills each different office in succession, performing the duties and keeping the books connected therewith. All business common in banks is transacted and the bopks are kept on the modern plan. The experience acquired here fits the student to fill important positions in any bank. TEACHING. Students of the second year are given drill work in assisting to instruct a large class in Preparatory Book-keeping. This work
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