Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1906-03-07
x
= SAFEGUARDING SECURITIES
XII Precautions Now Taken to Avoid Loans ON
u Forged Certificates.
Ss;;:.Sss;.zssas=S $50.

( the big bank note companies are an
| mixtures made up from formulas moro
Jealously guarded than any state %
cie'' ana possible Of imitation onl.
once IN a thousand attempts. and rben
only by the fiercest accidenf. a.
/ preparation of the inks, known to on
or two of the most trusted emn,o,,os
IS Dat one of the secrets in the man,
iactufe OF certificate. Upnn cyan,
lASttlon II Will he discovered mar
"OFh upon any certificate NAV ha
cIaSsed IN one of four divisions: the
square lettering, usually used in the
lllie OF the company; the script used
III the body OF the information. Une
picture or seal, and the border sur
rounding the certificate, or the design
upon the back of each coupon.
Each of these specialties is the wor,.
VI different department, and of the
I'9Vo men employed by such .. mousse
As Ine American Bank Note company
not one is able TO accomplish more
imam one step in the completed article
Almost every workman is an empIove
Oh many years standing. and each has
Deen practising that one trade since he
hrst commenced work as an appren-
ice Thus the engraver VINO made
Ihe Flgheotes, or seals, could not pro-
duce title in square letters, nor A
square letter man engrave in. scrtDt
without his work being instantly de.
tecled as an imitation by anyone Ia.
Ihlllar with the manufacture of naner
! securities.
The greatest difficulty about the for
gerry of stock certificates, however. is
the design work which borders the
script or lettering. This is engraved
upon the steel plate by means of com.
plIcated. expensive machines calico
geometic lathes. These can be oner,
ated acceptably only after years or
training and the intricacy ana deli
cacy of the designs which tuey turn
out are such THAI not only is it impos-
! sible to initiate them successfully by
hand, but even the camera fails to
reproduce them with any degree OF
clearness sufficient to deceive ono
with the most superficial knowledge
of engraving.
All reputable stock Certificates.
bonds and bank notes are engraved,
and the paper used is of the hest linen.
OF that rich, crinlly quality SO charac.
teristiG of the new paper currency.
Every sheet that is handed over to the
employees of any great bank note COM
pany is registered and kept careful
track of throughout the entire produc-
tion Of The notes, bonds Or certificates
for which it may be used. About six
or seven &C, tificates out of every five
hundred are in some way damaged in
the process of manufacture, but every
one of these and every scrap Of super
tinOus paper is under the surveillance
OF some official of the company who is
a personal witness to their burming at
Ehe end of each day.
With all these precautions In the
making and handling of paper securi-
| ties, the risk of really dangerous imi.
| tations is zero, and the chances of
counterfeiting are practically eliminat-
ed 1t only remains for those whose
business it is to handle such securities
to possess knowledge anCl experience
sufficient to distinguish a genuine note
or certificate from the easily detected
| limitations