The Montgomery advertiser., 1907-02-24
THE WOMAN DEPOSITOR
 AND THE BANK

-
 csvpt Your Money Before Leavine
 Home and Again at the Bank
 Don't Destroy old Check Books--
 Put No Written Attenuation on Check---The Adv'sabflity of Taking
 stocka fer Security--snsure Your
 Household Enects--why savings
 Banks Pay Small Rates of Interest.
 9y KATHERINE LOUISE SMITH. fCopyright, 1906. by Joseph B Bowles)
 Many women walt until they arr we at a bank before counting the money which they wish to deposit. The con sequence is they often count it In a crowd, frequently become nervous do not calculate the amount correctly and often present checks to be cashed or deposited without endorsing them on the back. This simply takes the tellers time for he Is obliged to remind the de- positor of the mistake and to request that the indorsement be made. It Is a much better plan 70 count all money before leaving home and again when the bank is reached to verify and to be sure that none was lost on the way The checks should be indorsed at the bank before presenting to the teller. The bills should be placed together rfxh. side up and the silver sorted In denominations. Special care should he
 
 mistaken for pennies Lnose change should be placed in an envelope and marked on the outside with the amount of the contents and the name of the owner.
 while on the subject of banks It Is well 70 remember not to destroy any oid check book. If the book has been prop srly kept the stubs will show the date of every check. name of person to whom given and amount On these same stubs can be recorded the purposes for which the checks are given All information on check Is to be strictly tabooed. It may be interesting to record. for future reference, on a stub what the money was used for and this Is legitimate, for it is only for the, writer's eyes. bu: to make such a record on a check indi- cates the utmost ignorance or foolish ness. Unfortunately many women have done this, but If they real zed the rid fcule to which sr-h entries exposed them they would be the last to do 1t again.
 have been asked to purchase a past due note. Would you advise me to do no?--A Business Woman.
 No, should not A good business man usually refuses to touch one. It c poor note an over due note may be bet CT than note not due. for in the case of a past due note legal measures can be taken immediately to recover the amount When note is purchased in good faith for a valuable considera- tion before it Is due. the purchaser takes 1t free from many of the equities and defenses which could arise be.ween the original parties to the note, but If he purchases the note after 1t becomes due he takes 1t subject to any agree ment which originally existed between n~ AN-a- man purchases such a note she should be careful to findsout before buying if there is not some defense to the note and if that was why 1t was not paid when due. To sum up, 1t is poor policy to buy past due note, especially if un- secured by mortgages. No al eration should be made on any note after 1t is signed, nor should the holder of note which a second party has signed renew the note when 1t falls due or extend the time of payment without the consen. of the indorser. In such a case the in- dorser can claim he Is relieved of lia- bllity.
 'Tf I hold an indorsed note and the eigner desires an extension of time, what shall I do?'-A Novice In Busi- uess.
 This often happens, but as I have eust sta ed you should not give an ex- . t8uSlOH WiLnOuI lHe COuStHl Oi the pdF y who signed as surety. Sometimes @ new note Is drawn up and the old note destroyed, but in any case the indorser ehouid be consul ed.
 $ % s
 ssWhat is meant by three days of grace and am I safe in taking stocks for security PA Working Woman.
 In some States three days of grace are allowed on all time notes. after the time of payment expires. This gives