Evening star., 1926-09-12
RETURNED CHECKS GIVE BANKS
OF WASHINGTON MUCH WORK
Much Kiting Still Goes on Despite Drastic
Law--Methods of Handling Such
Most Excuses Are Poor Ones.

clearings checks off on this slip tha
| particular fault that caused the bank
! upon which it was drawn te-return II.
It may readily be seen from this
that there are several good and valid
reasons why the check should not ha
| honored. other than culpable causes
insufficient funds, Endorsement, sig
nature unsatisfactory. signature miss
/ ing. improperly listed. improperly
signed. improperly drawn. payment
| stopped. against uncollected items.
| date. no such account, no advice, no
domestic advice, no foreign advice.
sent in error. account closed. drawer
deceased, not properly receipted. fll-
ing, altered, no authority to draw, no
authority to sign and savings account
not subject To check.
Some Government clerks tide over
q few days just before pay day with
considerable skill. They intend no
wrong, need just "a little aid and know
| how To get by until checked by an
official for check kiting.
| There is a bad-check law in tho
| District which IS pretty strict AMI
which should cover all real crooks.
/ The local association was active IN
/ its passage. Before 1t was put in the
code go-backs blazed a mighty trail
The Law.
! An act regulating the issuance ~
! checks, drafts and orders for the PAY
ment of money within the plstrir.
! of Columbia.
| BE it enacted by the Senate and
| House of Representatives Of tis
United States Of America In Congroe,
assembled, That any person within the
District of Columbia who. with r..
| tent to defraud. shall make. draV.
utter. or deliver any check, draft or
order for the payment Of money upon
any bank or other depository, know
| Ing at the time OF such making
drawing. utterinG. or delivering thgt
the maker or drawer has not sut'i
cient funds In or credit with such
bank or other depository for the pay
ment of such check, draft or order In
full upon its presentation. shall h@
guilty of misdemeanor and punish
able by Imprisonment for not mora
than one year, or be fined not mora
than 1000. or both. AS against tho
maker or drawer thereof the mal5ine.
drawing. uttering, or delivering by
such maker or drawer of check.
draft. or order, payment of which -
refused by the drawee because Of in
sufficient funds of the maker or draw
eI' in It's possession or control, shall
be prime faCie evidence of the intent
to defraud and of knowledge Of in
sufficient funds in or credit with such
bank or other depository. provided
such maker or drawer shall not have
paid the holder thereof the amount
due thereon together with the amount
of protest fees, if any. within five
days after receiving notice in person
or writing that such draft or orde"
has not been paid. The word Credit
as used herein. shall be construed 10
mean arrangement or understa ndinc,
express or implied, with the hank or
other depository for the payment of
such check. draft, or order"
The above became law July !,
1922.
Bankers Convention Coming.
The American Bankers Association
has arranged for a meeting of tho
savings bank section Of the organiza
tion TO hold a convention In Washing
ton next January.
Some 600 to 700 bankers from all
over the country will be here for
several days.
A program of vital interest and
topics are assigned to men who have
made great success in their lines.
The A. r. A. contributes to the
entertainment of the gathering ia
this city, and the Washington Clear
ing House Association, in compliment
to the savings banks, which are asso-
ciate members of the latter aSsoCia-
-tion, have voted the needed balance
of the entertainment fund.