is more essential to the safe and progressi

in our modern civilization, mu

trade and the bankin

ty farmer as it is to the greatest ra

ories for money n

rding of money which the ordinary busi

ss man, and every man with ready money should follow his example, deposits his money in a conv

the order of his creditor. This check, when endorsed by the rec

ONAL

nks in another chapter, the present will be de

re either National

hartered and incorporated by the Governmen

s had in mind the protection of the public withou

a National bank varies according to the population and the busi

st exist in a

d, as for instance the ownership of real

may be able to convert its securit

ed with the Treasury in Washington, the Government issues to the Nation

k notes or their equivalent must be returned, wh

shier. Receiving and paying tellers, with bookkeepers, and many

e under the supervision of regular

il, but its notes are

AS L

ney on deposit, but it loans

rs often find it necessary to borrow money in

posted in such matters, he may secure a loan on his own note, th

urity in the way of bonds of good character, or other

so make collections on notes and other commercial paper

itures, should open a bank account. Even if not in business

ST ON

rly those known as "s

ler communities, allow

ith the demand for mon

dom goes over

ow when interest

pril, July and October, money deposited March 31st will begin to draw interest next

insure its safety, deposit it at o

the day when interest is due, he forfeit

ND DEPO

he left-hand side with the amount deposited. Other deposits are treated in the

business on the margin. The bank, however, will supply loose bank checks of its own, or it may provide them in book form

receipt for the book is never taken. It is returned with all the checks received, and

record on the check stubs exactly h

hat you do

record of yo

AL DEPOS

owed, nor could it be easily calculated where a score of depos

bank is free to check ou

depositor. If unknown, he must satisfy the bank of his character,

a man makes a convenience of them by depositi

a book kept for the purpose. Until the bank officer, the paying teller, becomes familia

PREPARE

recting it to pay a certain sum of money to the person nam

icular form of words is necessary, nor need the paper on which th

s the one who

he one for whom

out the stub first, and from the data on i

er your check,

er on the stub is the

ing to draw for his own use, makes his

form o

ional Ban

Vt., Oct

rder of

ve 75/100

George

he check the purpose for which it is given, b

rst in words then in figures. Th

side of check; when the whole sum is written down dra

, John Smith must sign his name on the back of the

til you are ready to

check to another by writ

the o

as B

n S

ch checks are presented by a stranger, at the bank of the maker,

ayable to "bearer" i

ahead, for reasons satisfac

ut dated August 20th cannot be

e positive that you will have the mone

id it in trade, recei

cks as soon as possible

ou are holding the check, the ma

CATES O

nvenient to carry with him a form of paper that is a

. These checks are stamped by the bank "certified

eiver's account with the amount, and so can guar

ith as much certainty of its v

tion of checking it out for some time to come, he

icate he cannot check aga

rtificate of depos

ank, if the certificate is presented,

money the certificat

OF C

mercial paper in such g

some seasons is far more than the to

known as clearing houses. In these a bank is charged wit

ces are sett

rs will settle check accou

spelled, or not given as you write it, endorse the check exactly as t