1. The direction of a line with reference to a meridian. See BOUNDARY; HEARSAY, 3; MONUMENT, 1. 2. Routine; practice; procedure. Compare CURSUS. Course of an action. Progressive action in a suit or proceeding not yet determined.2 Due course or process of law. Law in its regular administration. See further The original note may be secured by a mortgage. PROCESS, 1. A form in Iowa reads thus: S On the 1889. day of, 188, I promise to pay to or order, dollars. Being semi-annual interest to that date on my note for dollars, due 188-. Payable at -. No. Coupon stamp. The Government furnishes collectors of its revenue books of stamps having coupons attached, to be used when taxes are paid on spirits. There are nine coupons to each stamp representing a decimal, all printed between the stamp and the stub. Upon the receipt of a distiller's tax, for example, the officer detaches a stamp with such number of coupons attached as corresponds to the number of proof-gallons in the cask, as shown by the gauger's return. Unused coupons remain with the stub; if detached, they are of no value. Coupon ticket. Sets or books of tickets issued by carriers of passengers, providing that for each trip had, according to the terms of the contract, a ticket shall be detached or 1 Ketchum v. Duncan, 96 U. S. 662 (1877). 2 Cromwell v. County of Sac, 96 U. S. 57 (1877), Field, J.; Murray v. Lardner, 2 Wall. 110-121 (1864), cases. Koshkonong v. Burton, 104 U. S. 668, 675 (1881). See Virginia Coupon Cases, 114 id. 269-340 (1885); generally, 1 Wall. 83, 175, 384; 3 id. 327; 10 id. 68; 11 id. 139; 14 id. 232; 15 id. 355; 19 id. 83; 21 id. 354; 92 U. S. 502, 569; 93 id. 502; 94 id. 351, 463, 741, 801; 96 id. 659; 97 id. 96, 272; 99 id. 112, 362, 434, 499, 686; 101 id. 87, 677; 104 id. 505; 105 id. 370, 733; 106 id. 663; 107 id. 529, 539, 568, 711, 769; 15 Blatch. 343-46; 16 id. 54; 17 id. 4; 18 id. 383; 26 Conn. 121: 53 Ind. 191; 109 Mass. 88; 112 id. 53; 49 Me. 507; 2 Nev. 199; 57 Ν. Η. 397; 82 N. C. 382; 66 N. Y. 14; 44 Pa. 63; 22 Gratt. 833; 1 Daniel, Neg. Inst. Ch. XLVII. R. S. § 3313. "Due course" and "due process " of law mean the same thing. Of course. Said of a thing done in the common manner of proceeding, and which does not require special allowance of a judge of the court. Many rules and citations are taken or had, as "of course," by application to the clerk or prothonotary of the court. 3. The usual way or mode; usage; custom. Course of business, or of trade. The way ordinarily pursued in a particular calling. See BUSINESS; TRADE. "Due course of trade," with respect to the negotiation of a note, is where the holder has given for it money, goods, or credit at the time of receiving it, or has on account of it sustained some loss or incurred some liability. Course of a voyage. The customary track between ports. See DEVIATION. Restrictive indorsement. Restrains negotiability to a particular person, or for a special purpose.2 "Unqualified" and "unrestricted" designate that form of indorsement which is most common - the wholly unmodified form. And this, the ordinary contract, imports: as to a bill, that the indorser will pay it at maturity, if, on presentment for acceptance, it is not accepted, and he is duly notified of the dishonor; and as to a bill or note, that the indorser will pay it if it is not duly paid by the acceptor or maker, and he is duly notified; that it is genuine; that the signatures of the immediate parties, and, in the better opinion, of prior indorsers, are genuine; that it is a valid and subsisting obligation according to the ostensible relations of the parties; that the original parties, and, in the better opinion, prior indorsers, could bind themselves as they have assumed to do; and that the indorser has a lawful title and the right to transfer it.3 An indorser's contract is a new one, as compared with the maker's. He is not a surety, as is sometimes said, for a surety is a joint promisor with the principal. The maker is liable without demand of paymenthis undertaking being conditional; but the indorser undertakes to pay only if the maker does not pay, which makes it necessary for the holder to take proper steps to obtain payment from the maker, from which it follows that his contract is that due diligence shall be used to that end.5 An indorser is only conditionally liable. His responsibility is a contingent one, and, ordinarily, performance of the condition to make demand of the maker and give notice of his default in due time is an essential part of the title of one who asserts an indorser's liability. The reason is, that the indorser, if looked to for payment, may have the earliest orportunity to take steps for his own protection. There is much inconsistency in the decisions whether demand and notice is recessary when they by no possibility could have enabled him to protect himself. The best considered cases hold that he is entitled to notice although he has taken indemnity from the makersince that may prove insufficient. In general, every indorser ought to have notice whenever he has a remedy over against the maker. Where, by agreement with the maker, the indorser has become the principal debtor, no notice is needed - for the indorser then has no remedy over. 1 Martin v. Cole, 104 U. S. 30, 36-39 (1881), cases. See generally, as to parol explanations of indorsements, 18 Cent. Law J. 382-86 (1884), cases. 2 See Armour Banking Co. v. Riley County Bank, 30 Kan. 165 (1883); 11 R. I. 119. Suffixes as descriptio personæ, Falk v. Moebs, 127 U. S. 597, 602-7 (1888), cases. See 1 Daniel, Neg. Inst. 498. 4 Ross v. Jones, 22 Wall. 88 (1874), cases. * Cox v. Nat. Bank of New York, 100 U. S. 713 (1879), cases. Ray v. Smith, 17 Wall. 415 (1873), Strong, J. Griffin v. Kelleher, 132 Mass. 83 (1882), cases; 1 Story, Eq. § 496. * Blaiden v. Mercer, 44 Ohio St. 343-46 (1886), cases. • Macklin v. North. Bank Kentucky, 83 Ky. 319 (1885). Pacific Nat. Bank v. Mixter, 124 U. S. 729 (1888). Wife as surety for husband, see 20 Cent. Law J. 205 (1885), cases. Sureties on official bonds, 23 id. 124 (1886), cases. Bond signed conditionally, 37 Alb. Law J. 188-93, 208-12 (1888), cases. Judgment against principal as evidence against surety, 36 id. 404-8 (1887), cases. Recovering penalty and interest, 37 id. 108-11 (1888), cases. Limitation of actions for deficits, on U. S. officers' bonds, Act 8 Aug. 1888: 25 St. L. 387. • Burkhardt v. Hanley, 23 Ohio St. 559 (1873). •Snell v. Cottingham, 72 III. 167 (1874).