%%
%% The LaTeX Companion, 3ed
%%
%% Example 8-2-20 on page I-599 in "Overview about the most important keys".
%%
%% Copyright (C) 2022 Frank Mittelbach
%%
%% It may be distributed and/or modified under the conditions
%% of the LaTeX Project Public License, either version 1.3c
%% of this license or (at your option) any later version.
%%
%% See https://www.latex-project.org/lppl.txt for details.
%%

\documentclass{tlc3exa}
\pagestyle{empty}
\setcounter{page}{6}
\setlength\textwidth{135.0pt}

  \addtolength\textwidth{-1cm}

%StartShownPreambleCommands
\usepackage{adjustbox}  \setlength\parindent{0pt}
%StopShownPreambleCommands

\begin{document}
\noindent
\adjustbox{lap=-.5\Width,frame}{This text} is
\adjustbox{frame,raise=1ex}{raised}  while the
following \adjustbox{valign=T,frame}{text} is top-aligned.

Note that the word ``This'' sticks out to the left due to
the chosen box settings.
\end{document}