Middletown transcript., 1897-08-28
HOW TO TREAT YOUR BANKER.

Ii you WISH 10 open an ACCOUNT Will
a bank provide yourself with proper
Introduction. Well managed banks do
not open accounts with strangers.
Do not draw check unless you have
the money in bank or in your possess
ion to deposit. Don't test the courage
or generosity Of your bank by present.
ing or allowing to be presented, your
check for a larger sum than your
| balance.
Do not draw check and send it to
person out Of the city expecting to
make it good before it can possibly get
back. Sometimes te1egraphic 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.
Do not give your check to friend
with a condition that be is not to use
it until certain time. He is sure to
betray you, for obvious reasons. Don't
take an out-of-town check from
neigbbor, pass it through your own
bank without charges and give him
your check for it. You are sure to get
caught.
Do not give your check to strang-
or. This is an open door to fraud, and
II your bank looses through you it win
not feel kindly toward you.
Be clear and explicit In bargains.
State your business in few words
without less of time.
When you send your check out Of
the. city to pay bills write the name
and residence of your payee, thus
pay to Jno. Smith & Co., of Boston.
This will put your bank on its guard
If presented at the counter.
Do not commit the folly of sup
posing that because you trust the bank
with your money the bank ought to
trust you by paying your overdrafts.
Don't send ignorant and stupid mes
sengers to the bank to transact your
business.
Don't suppose you can behave badly
with one bank and stand we'll with
the others. You forget there Ia q
Clearing Hoase.
Don't quarrel with your banker.
If you are not treated well go some
where else. but don't go and leave
your discount line unprotected. Don't
think it is unreasonable If your bank
declines to discount an accommoda-
tion note. Have clear definition of
an accommodation note: in the mean
ing Of the bank it is a note for which
no value has passed from the endorser
to the drawer.
If yon want an accommodation
note discounted tell your banker frankly
that it is not, in their definition a
business note. If you take note from
a debtor with an agreement verbal or
written, that it is TO be renewed in
whole or in part, and if you get that
discounted and then ask to have new
one discounted to take up the old one,
tell your banker all about it.
Don't commit the folly of saying
that you will guarantee the payment of
a note you have already endorsed.
Give your bank credit for being in
telligent generally and understanding
its own business particularly. 1t is
much better informed probably than
you suppose.
Don't try to convince your banker
that the paper or security that has
already been declined is better than the
bank supposes. This is only chaf.
Don't quarrel with the teller because
he does not pay you in money exactly
as you wish. AS a rule he does the
best he can.
In all your intercourse with bank
officers treat them with the same
courtesy and candor that you would
expect and desire if the situations
were reversed.