“ The last portion, called a “talon,” is a form of certificate, and entitles the holder, when all the coupons have been presented, to obtain a fresh coupon sheet. They pass by delivery, and are as a rule exempt from stamp duty. Coupons for the payment of dividends are also attached to the share warrants to bearer issued by some joint-stock companies. The coupons on the bonds of most of the principal foreign loans are payable in London in sterling as well as abroad. ”