The Wichita daily eagle., 1894-02-13
ADOPT NEW RULES.

The Wichita clearing house yesterday
adopted new rules. They are OF great I'M
portancs TO the members of the clear ing
house association. They are published in
full below, as they will so into effect Feb.
20, next.
Rule 1-All checks or drafts, not drawn
by bank, or banker, shall be subjected 10
n charge of not less than 10 cents pee Slep,
or fractional part thereof. III addition to
cost OF collection. When more than one
item shall be cashed or collected at one
time, on the same point, they may be ag-
gregated and charged the same AS one
item. excepting snch items as are drawn
upon Wichita. Kansas. St. Louis. Chicago.
New York. Boston, Philadelphia. Wash
lngton. Buffalo. Baltimore. Cincinnati,
Louisville, Cleveland, Omahs, ST. Joseph,
Leavenworth, Atehison. Topeka. Lincoln,
Neb., Council Bluffs, Kansas City. kans..
Denver and Kansas City. Mo.
Rule 2-Ali items left for collection
shall be subjected TO the same charges AS
items entered IN rule |.
Rule 3. - Demand drafts drawn by
packing house. live stock. graiu shippers,
or others, or any person, firm or corpora
tIou, may be taken on points IN Oklahoma
Territory and Iudian Territory, at a
charge of not less than 30 cents per $1,000.
aud cost OF collection on Kansas City not
less than S1o0 per $1,000, on 1t. Louis, Chi
csgo, New York, Memphis. New Orleans,
and all other eastern and northeastern
points, 81 50 per $1,000, and cost OF collec-
tion; and on all other southern points
81 80 per $1,000, and cJst of collection; on
Pacific coast and tributary points - cents
per 500, when drawn with exchange, and
80 cents per 800 when not drawn with ex
change.
Rule l. All drafts issued By members of
this association shall be Subjected 10 the
following charges: Sums lot exceeding
s %, cents; in excess of the above amount
at the rate of 81 90 per s.. 900. and the mini
mum charge for drafts exceeding $40 and
under sl00, 10 cents. No exception shall be
made to this rule ia cases Of officers, di-
rectors or employees.
Rule ). No interest shall be paid directly
or Indirectly on local accounts. Interest
may be paid on certificates of deposit at
rate not exceeding per cent per anuuu.
on three months time, aud not exceeding
Per cent per apDum on six months time or
over, but all interest bearing certificates
shall be made payable at fixed period. not
less than thres months after date OF Issue.
RaIe q Only blank checks or drafts.
loose or bound. OF ordinary form will be
furnished customers. Any special card or
device on checks or drafts or any special
binding must be psid for oy the customer.
Rule :. These rules need not apply 10
the accounts of railroad companies. express
nor to the public accents of ,hs
city. county, state or general government,
nor to pension checks.
Rule s. Eastern exchange may be fuyn-
ished out Of town correspondents free OF
charge on mail orders, and transfers by
wire at not less than SLO per thousand
and cost of telegraphing.
On transfers by wire for city custorns-s
, ~. l.
charged. aud cost OF teiegraphiDg.
Rule 9. Oa all Wichita, Kansas, items
not payab'e with exchange, collected for
eastern correspondents or other out oi
town customers Except regular country
CORES pondentst a charge of si.g0 per si 0Oe
shall be made; drafts drawn 6y countfy
on banks fu Wicbits, kAp-
sas, shall be excepted from this .2!e, OF |
al. out Of town items Il charge sGall b. J
made of sloo per 81. 90. over and above |
the cost OF collection. Minimum charge |
- cents |
Rule 10 Any nlsn Der bsvinz ksowIedgs |
q visitation VI suy o. the foregoing !,
rules, by member OF this association. /
shall tie wiki the president written 4
charges Of the nature of suea violations &
together with fui. into.u alton relating .
thereto.
The president CT managing officer 0! this 4
association shall appoint COMMITTEES Of 4
three members TO ioyestsgats charges
made. They shall have power 10 examine
parsons under cath. and ali books AID 4
- ps7s in the possession Of any member
.asiI, when called for. be submitted -
,sid committee.
Is shall require two-thirds vote 20 COZ
Tics. and sas m.m5=r Of the association.
70 fcund galIIy. shall be fned 5u ssm
20. excessiisg s4Ge sBd nssv be expelled
~ q two.hjrds vote Of All msnb<rz. the
] ne so imposed 10 De forfeited 10 tug asso-
.iasion.
IS guzraatee q good faith tie under
q Grsd E8en1b-rs hare e3cs deposited zith
he president Of this sssoci siisn tbs suns
& fi19. said SON 70 De ias@stsd 10 LE5tsd
s:4.tes e-onds
kal. l.. These rcles NAY be azsaae4
J. altered a. aay rsgulxr 0. kEsscl&i nse>:-
og Of tie szsocIstsca. called .of tss gar-
,1-e. By s~s-tasrds o. tas ns~mb~rx
TIE IS WICHITA SATfoxAL EAsE.
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