The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1878-03-22

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most careful merchant may present you bill
winch you have already paid, and careless
merchant is yet more liable to do IT, In such
cases hard feelings or serious trouble NAV en-
sue, unless You avoid u by pay,pg the bill the
second rjma. See that hills are dated and signed.
Examins the extensions and footings. Receipt
/ ed bills are also very useful for reference, and
much more 20 be depended on than ones mem
ory. Bills and receipts sho0ld. therefore, he
preserved. They shoUld be neatly folded to one
width, and on one end should be written the
name OF the puyee, or recipiens OF the money.
with the date Of payment, and then secured to
gether and laid IN a convenient place fcr refer
ence.
BANK CHECKS AND POSTAL MONEY
0RDERS.
l. A bark check ~ a simple order on a bank
for money, They ue turpished to you az the
bank, IN bcsk form, where Jour Money i@ de-
posted Every check before il is cut of, shculd
be entered IN the margin, Z. e., the number,
namss, amount, and ds5e. AS a guie, trey shou5d
be used for Dl payments Of considerable size.
They should be drawn payable TO the order oe
the psyee-thS one pail-for then VIXEN they
are returned to you, cancelled by the bank they
constitate the best evidsnce Of payment, and
should ne preserved.
g. When you take che5k whioi is not eerti~
fed, it should he deposited or presented for
A aG
nos the enduring quality Of nJte, which IS
good for years, but after q reasonable tims,.if
it be not presented for payment, tl'e drawer rs
not legally holder for It. (This Information
cost the writer l1rge SUN of money)' An
other reason for the prompb presen hton Of a
check is, the funds N bank against which it 49,
drawn, may be exhausted before your check -
presented, and when you CALI you mayhear the
appalling words, No funds"
g. But if for any reason yoU wish to'bold the
check for time, tabe it to she banlA against
which itiBdrswn, for tertifcatiSn. III thsy stamp
it good, it is MS good "a the bank which certifes
it, and win endure like q note.
T. 1t sometimes ocrrs that person. whose
bank account Is chro1ically low will of Or you
check that is dated ahead; - such q check
would not be paid at hsnk until it is due mean
time the drawer might fail, ard the check be-
come worthless.
5. Checks drawn payable to yDur order should
not be indorsed until you wish TO deposit or use
them for without you1 name ca the back they
could not be used by any one who might get
unlawful possession of them.
G. Checks made payable to o,Ier are con-
venient method Of transmitting funds in email
amounts to limited distance--as for the pay
ment of periodical and cost nothing But
for distant payments postal orders are better;
and for large amounts regular bank drafts
should be used, which are furnished by the
banks. II they or the checks spoken Of should
be stolen or lost there would be no loss to YOU.
for the loss woad fall upon tho one who might
paw them to the forged indorsement.
Z. Never accept a cheek or note without care
fully reading It, and never accept money with
ont careiuliy counting it on the spot.
ON-DEMAND NOTES.
It's not TO be supposed that women will often
have occasion to understand the thousend and
one kinks which appertan to notes. But few
things are important, which we will epdeavor
to Indicate Notes are of different Ainde, and
We will notice:
l. Those which are PAYABLE ON demand like
the following:
800. NEW YORK, -, 1877.
On demand, for value received, promise to
pay to the order OF Jane Roberts one hundred
dollars. with interest mi-annualy.
ROBERT JONES.
In those States where the rate OF interest is
not fixed by law. the rate should be specified.
but elsewhere it is unnecessary to specify the
rate II the interest lie to be paid semi annual
ly, it should be so stated.
q The words value received should not be
omitted.
8. II note is made payable to your order,
and you wish to retain it, withhold the indorse-
ment-on the back-so that if the note be lost
or stolen you will not suffer harm, for it has no
i Ndiuc' tACcpt W SOuicCls uuth NOu iNNOi DO h'
! If any one else indo.ses your name upon 1t, it
is forgery. But If note is lndorsed and is lost
or stolen, and comes into the hands of a third
person for valuable consideration, who holds
1t innocently-that is, believes the person from
whom he received 1t was the rightful owner-it
is no longer yours, N law. but his.
4. II you part with a note payable to your or
der. and do not wish to guarantee it, indorse t..
and write oUer your namc the words, without
recourse to me- Without those words over
your name, you would be holden for time
aud by timely protest your responsibility
would be peipetuated.
8. The hfetlmo or validity of a note is by law
limited. But It the maker or drawer OF Il pays
the interest on it from time to time. 1t Is a re
acknowledgment of validity, and the time Is
thereby extended.
G. An on-demand note is due as soon as il is
made and IL indorsed by third person, he
should be Immediately notified by a notary IN
due form. or his responsibility will be Lost. In
| sov,o 30 tbo Caatoa l,ooo..o. A. /,