Checkbook

“ If the maker of a check has his check certified, he is jointly responsible with the bank for its payment, but if the receiver of the check has it certified, the maker of the check is released from all responsibility. ”

“ How to write this check in order that it may not be tampered with and "raised" is something that has held the attentions and invited the inventive talents of many people, in and out of business. Even when the best of the chemical papers are used in the bank check the drawer of the paper may have not the slightest protection from "raising" at the hands of an expert. The manner in which the written and figure amounts on the face of the check are placed makes the material alteration of the amount easy beyond question. ”

“ The stub of your check book will
furnish a permanent memorandum, and when the check is canceled and
returned to you by the bank, it is an indisputable evidence that the
debt has been paid, or that the remittance has been made. The making of
a check is a simple matter, but even the best business men make mistakes
sometimes which are as difficult to remedy as they are easy to avoid.
The hints here given and the facsimiles of checks printed in
illustration will repay careful study. ”

“ It's the easiest thing in the world. All you have to do is to pick the mail out of some box on a corner. I can show you how with a copper wire and a little piece of wax—and you are sure to find among the letters somebody's check in payment of a bill. There at once you have the bank, and the signature. Then all you have to do is to write a letter to the bank asking for a new check book, saying yours is used up, and sign the name that appears on the check. ”

“ This auditing of checks thus provides a positive check upon the amount of cash received by each individual cashier, furnishes an accurate account of the exact amount of business done by each department, and the total daily business done by the house, besides showing the exact amount of goods sold by each [Pg 59] individual salesperson, which may be made use of to estimate their value as compared with each other, and largely governs the individual wages paid. ”

“ You might just as well ask a strange bank to cash your check as to offer it your uncertified check for a collection on you. You would hardly cash a check for a stranger. Why should the bank take an equal risk for you? Yet nothing seems to rouse the ire of the average man more, than for the collection clerk to ask him to have his check certified. ”

“ How far these reasons should be applied to a certification that a check was good seems extremely doubtful, both on principle and authority. Where the object is to use the indorsement to put the check in circulation, or raise money on it, or use it as money, and this object is known to the certifying bank, it may be argued with some force that the bank should, as in the case of an acceptance of a bill of exchange, be held responsible for the validity of the check as it came from the hands of the certifying bank. ”

“ If you make your check payable say, to William Armstrong or order,
nobody but William Armstrong, or some one to whom he indorses the check,
can collect the amount, and if through fraud or otherwise some one not
entitled to it gets the money which the check calls for, the
responsibility is not yours, but the bank's. It is for that reason that
bankers and business men use such great care in accepting checks. ”

“ A bank-check, a memorandum-check, a draft, or a bill of exchange each furnishes written or printed evidence of an amount of money to be paid. So does a promissory note. A note is, indeed, the regular and usual evidence in dealings between men, that money is to be paid, whether in cities or in the country, and whether the transactions be limited or extensive; and yet, bank-checks and drafts, or orders at sight or on demand, require different stamps from memorandum-checks, bills of exchange, and promissory notes. ”

“ If you can fool the cashier into giving your messenger a check book you can gamble pretty safely on his paying a check signed with the same name. In that way, you see, you can get all the blank checks you need and test the cashier's watchfulness at the same time. It's too easy. The only thing you have to look out for is not to overdraw the account. Still, you find so many checks in the mail that you can usually choose somebody's account that will stand the strain. ”

“ When money is to be drawn to pay for bonds or coupons, it must be drawn only by filling up a check from the book of checks above referred to, and you will open an account in which you will enter the amount of all deposits, the number and amount of each check drawn, specifying also to whom the same is made payable and on what account it is drawn.
The checks will be filled up by Mr. Prentiss of the Register's Office, who will place his check mark on the upper left corner, and will enter the same in the book. ”

“ The proper way to
indorse a check or draft--this also applies to notes and other
negotiable paper--is to write your name upon the back about one inch
from the top. The proper end may be determined in this way: As you read
the check, holding one end in each hand, draw the right hand toward you,
and turn the check over. The end which is then farthest from you is the
top. If, however, the check, draft or note has already been indorsed by
another person, you should write your name directly under the other
indorsement, even if that is on the wrong end. ”

“ Should you receive a check for a considerable amount and have
no convenient bank account, you should go to the bank on which the check
is drawn and have the cashier certify it by stamping "Accepted" or
"Certified" across the face over his signature. That formality makes the
paper as good as money so long as the bank accepting it is solvent.
It sometimes happens that a check drawn in good faith by a responsible
party is withheld so long by the person receiving it that there is no
money to the account when the check is finally presented. ”

“ It is not only the easy way of paying bills but the safe way. You escape all the danger of carrying or having in the house more than mere pocket money. You will find by opening a checking account with us not only the advantages of paying by check but you will also discover many conveniences and services which we are able to offer to you without any charge whatsoever.
I hope that you will call and let us explain our services. I [177] enclose a folder telling you more about the bank than I have been able to tell in this letter. ”

“ A maker of a check desiring to take a trip around the world shall draw a check for the needed sum and, in the presence of the cashier of his bank, place one thumb-print in ink somewhere in one spot on the check—perhaps over the amount of the check as written in figures. ”

“ To test fitness for the classified departmental service there shall be a clerk-copyist examination and such supplementary and special examinations as the Commission may provide to meet the special requirements of the service. The clerk-copyist examination shall not include more than the following subjects: Orthography, copying, penmanship, arithmetic (fundamental rules, fractions, percentage, interest, and discount) , elements of bookkeeping and accounts, elements of the English language, letter writing, elements of the geography, history, and government of the United States. ”

“ The average audit consists of counting the cash and seeing if the vouchers to the cash account are correct, but a proper audit is something different. The Council should expect, as a result of the audit, a clear statement of the status of the Exchange together with recommendations for improvement and reports of any irregularities, etc. An auditing officer who spends his time finding out whether or not the books contain any mistakes in addition is not performing his proper functions as auditor. ”

“ And be it further enacted, That it shall be the duty of the Register to keep all accounts of the receipts and expenditures of the public money, and of all debts due to or from the United States; to receive from the Comptroller the accounts which shall have been finally adjusted, and to preserve such accounts with their vouchers and certificates; to record all warrants for the receipt or payment of monies at the Treasury, certify the same thereon, and to transmit to the Secretary of the Treasury, copies of the certificates of balances of accounts adjusted as is herein directed. ”

“ A check requires no presentment for acceptance as distinguished from presentment for payment. If once presented and payment refused, it is dishonored. [1] To constitute a bon a fide holder of a note or check it is necessary-1. That it should have been received before maturity; 2. That a valuable consideration should have been paid for it; and 3. That it should have been taken without knowledge of the defences sought to be made.
Whatever defences could properly be made to these checks in the hands of the original holder could be made while they were in the plaintiff's hands. ”

“ The boy returned with the check, the cashier put upon his own file a "tag" representing the amount of money, along with many other similar records, and the boy was sent with the check to the Bank of North America. The boy handed to the banker, with the check, a similar "tag" from the cashier, which was also filed. When you deposit money, at many banks, you fill out a "tag" or deposit-check, and offer it with the money, which "tag" is used by the banker as a safeguard against errors and lapses of all kinds. ”

“ Raised checks are an extensive source of loss and annoyance to banks and individuals. Many checks, after being written, mailed or sent, fall into the hands of persons who make a practice of “raising” the amounts for which the checks were originally intended and written, and then pass or have them cashed. For instance, a check written for ten dollars will be raised to one hundred dollars, or to whatever amount the raiser may believe it can be passed without arousing the suspicions of the bank, merchant or individual upon whom it is to be passed. ”

“ After you have made out a good fat check, then you go to a store, buy something, tell them to forward the check to the bank for certification, and that you'll send for the goods and the change the next day. ”

“ A bank incurs no greater risk in certifying a check than in giving a certificate of deposit. In well-regulated banks the practice is at once to charge the check to the account of the drawer, to credit it in 'a certified check account,' and when the check is paid to debit that account with the amount. ”

“ How a Paying Teller Determines the Amount of a Check—Written Amount and Amount in Figures Conflict—Depositor Protected by Paying Teller—Chief Concern of Drawer of a Check—Transposing Figures—Writing a Check That Cannot Be Raised—Writers Who Are Easy Marks for Forgers—Safeguards for Those Who Write Checks—An Example of Raised Checks—Payable "To Bearer" is Always a Menace—Paying Teller and an Endorsement System Must Be Observed in Writing Checks—How a Check Must Be Written to Be Absolutely Safe—A Signature that Cannot Be Tampered with Without Detection—Paying Tellers Always Vigilant. ”

“ To prove the absence of a record, report, statement, or data compilation in any form, or the nonoccurrence or nonexistence of a matter of which a record, report, statement, or data compilation, in any form, was regularly made and preserved by a public office or agency, evidence in the form of a certification in accordance with rule 902, or testimony, that diligent search failed to disclose the record, report, statement, or data compilation, or entry. ”

“ There's the check in your hand—the same thing. It's an order to the bank to hand you the amount—the usual way of paying money in business affairs. If you would rather have the money paid here, I can send a clerk to the bank to get it. ”

“ If defendants sent the check for the purpose of testing the genuineness of the signature of the drawers, the state of their account, and to test its genuineness in all other respects, and plaintiff knowing the full extent of the object for which it was sent, replied 'It is good,' or 'It is all right,' plaintiff is estopped to set up that the check was raised. ”

“ In the view which we take, the demurrer, which was general, was properly overruled, if the checks were within the second section, as the 18 bills or drafts confessedly were. Simons v. Butters, 48 Ill. 226. Daniel comprehensively defines a 'check' to be 'a draft or order upon a bank or banking-house, purporting to be drawn upon a deposit of funds, for the payment at all events of a certain sum of money to a certain person therein named, or to him or his order, or to bearer, and payable instantly on demand.' 2 Daniel, Neg. Inst. ”

“ That every rector, vicar, curate, and every registrar, registering officer, and secretary, who shall have the keeping, for the time being, of any register book of births, deaths, or marriages, shall at all reasonable times allow searches to be made of any register book in his keeping, and shall give a copy, certified under his hand, of any entry or entries in the same, on payment of the fee hereinafter mentioned; that is to say, for every search extending over a period not more than one year, the sum of 1s., and 6d. ”

“ The total of these entries on Form 9 should equal the total charge sales credited that date to the Store on Form 7. If it does, the slips that have been placed diagonally can be shoved down into the proper places as we are through with them; if it does not, they can easily be removed for further examination. This daily check should invariably be made for each department. We proceed in like manner with respect to the other departments, each department having its own sheet or sheets like Form 9. ”