Spirit of the age. [volume] (Woodstock, Vt.) 1845-1913, 1901-07-20
SECURITY CHE OK.
Safeguard schedule Printed on the Left
of the blank.

Safeguard schedule Printed on the Left
of the blank.
More than 100000 900 Of checks
are used annually in the United
States, and OF this amount something
like $4,000 are raised" the loss fall
ing on the drawer. for the drawer Of a
check is chargeable with the amount
paid on it, provided his signature is
genuine, NO matter for what amount
he has previously filled it in. The
vast sum of money which Is thus lost
through trickery could be savel if
the security check was universally
adopted.
Many devices have been planned
for foiling the check raiser, but the
security check is the most perfect
protection the ingenuity of man has
yet unfolded.
The check has been briefly de-
scribel as follows: "On the left Of
the check is printed the safe guarding
schedule The words directing the
payment of money are qualified by
the following printed into the body
of the paper: Provided amount does
not exceed that expressed in words
and figures at end of schedule. After
the drawer has written in the amount
of money to be paid he adjusts a small
paper cutter to that line of the upper
half Of the schedule, which bounds
the maximum amount to be paid In
dollars, tens, hundre Is or thousands,
and tears off the check down as far
as the small ring in the centre of the
schedule. Then he revolyes his ruler,
adjusting it to that line of the lower
half of the schedule which bounds
the NUMBER of dollars, tens of dol
lars, hundreds or thousands. to be
pail, and then completes tearing the
check frCm the stub along that line.
This leaves in the hands Of the
drawer the check absolutely safe
guarded from alteration, for the left
hand margin expresses in words and
figures the amount not exceeding
which it has been drawn"
The device Is used by scores of
banks and by hundreds of prominent
IL
the public but short ime. 1t is used
net only on checks but also notes, re-
ceipts, drafts, bills Of laiing and 9th.
er papers, and is suited for uae of
money orders and tickets. One prom
inent banker expressed the opinion
that the security check would become
the leading monetary paper within
FIVE years.-New York Commercial.
One Passenger Ton Many.
A good story Is going the rounds
of the offices of the Metropolitan
Street Railway company up in the big
building at Broadway and Houston
street. concerning the wonderful
presence Of mind displayed recently
by a new conductor on one of the
company's trolley cars. This parti.
cuar car was bowling along up Broad.
way recently when it was hailel ami
boarded by a company inspector.
The official hurritily counted the
passengers in the car and found tn 1t
there were nine. Then he cast his
eye up to the register and found that
IutTe Hdu DttH Oliy tlSHt IditS lNllp
up. He disclosed his identity to the
new conductor and called attention
to the discrepancy.
Slowly and painfully the new hand
counted over his passengers anl then
scanned his register.
"Begorra. an you're roight. sir"
he said and promptly stopped the car.
Say" he demanded, addressing
the passengers in an authoritative
manner, Wan o yous fellows'l hav'
to git eff the car.r."-New York
Times.