Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1883-04-20
Bank Accounts.

l. If you wish to open an account
with Dank provide yourself with a
proper introduction. Well managed
banks do not open accounts with stran-
gers.
2. Do not draw check unless you
have the money in bank or in your
possession to deposit. Don't test the
courtesy or generosity Of your bank
by presenting, or allowing to be pre-
scented, your check for larger sum
than vohr balance. =,
8. Do not draw check and send
it to person out of the city, ex-
pecting to make it good before it
can possibly get back Sometimes tel
egraphic advice is asked about such
checks.
Do not exchange checks with any
body. This is soon discovered by your
bank; it does your friend no good and
discredits you.
5. Do not give your check to a
friend with the condition that he is
not to use it until certain time. He
is sure to betray you for obvious rea-
sons. Do not take an out.of-town checl
from a neiehbor. pass it through your
bank without charge, and give him
your check for it. You are sure to get
caught.
6 Do not give your check to a
stranger This is an open door for
fraud, ane if your bank loses through
you it will not feel kindly to you.
7. When you send your checks out of
the city to pay bills write the name and
residence of your payee, thus-pay to
John Smith Il Co, of Boston This will
put your bank on its guard if presented
at the counter. Y
8. Don't commit the folly of suppos.
ing that because you trust the bank
with your money, the bank ought
to trust you by paying your over.
drafts
8. Don't suppose you can behave
badly in one bank aud stand well with
the others. You forget that there is q
Clearing Hou e.
| 10. Don't quarrel with your bank
If you are not treated we'll go some
where else, but don't go and leave your
discount line unprotected. Don't think
it unreasonable if your bank declines
to discount an accommodation note
Have a clear definition of an accom-
mediation note-in the meaning of s
oank, it is 8 note for which no value
has passed from the endorser to The
| drawer.
IL. If you want an accommodated
no discounted tell your bank frank |,
that it is not, in their definition, q bus
mess note. If you take 3 rote iron
a debtor with an agreement, verbal O!
l \ 70 hN
whole or in part, and if you get tina
note discounted, and then ask to have
a new one discounted to take up the
old one, tell your bank all ABOUT ii.
IL. Don't commit the folly OF saying
that you will guarantee the paymen
of note which you have already in
| dorsed.
ID. Give your bank credit for bein.
intelligent generally and understanding;
its own business particularly. 1t i,
much better inform probably, thar
you suppose.
IA. Don't try to convince your banl
that the paper ur security which
has already osen declined 10 better
than the bank supposes. This is only
cosff
Is. Don't quarrel with teller hecaus.
be does not pay you in money exactly
as you wish. As rule, he does the
best he can. a r- .ealz ~
10. In al your intercourse with banl
officers treat them with the same cour
tesy and candor that you would expec4
and desire if the situations were re
vsrsed. 80.
| II. Don't send ignorant and stupid
messengers to the bank to transact youi
1 business 4f1 CO.'S T.