RULES OF BUSINESS 



when drawing a check. The amount which is 

 stipulated on the check should be started as far to the left 

 as possible so that no writing or figures could be inserted 

 to increase the amount of the check. The space remain- 

 ing should be filled in by a very heavy line so that 

 nothing could be added after the amount inserted. The 

 figures of a check should be plainly written and care 

 should be taken that the figures correspond. Although a 

 bank cannot be held responsible for the payment of a 

 check made payable to bearer, or wrong person, if the 

 circumstances warrant such action, a bank may refuse to 

 cash it until they are satisfied that it is the right party. 



Checks Should Be Presented for Payment as Soon as 

 Possible. The receiver of a check may avoid consider- 

 able trouble or loss of money by presenting checks for 

 payment as soon as possible after they are received. 

 The drawer of a check usually prefers to have his checks 

 paid as soon as possible, to avoid 'keeping track of out- 

 standing checks. Should the holder of a check neglect 

 to present it for payment at once and the bank should 

 become insolvent, he cannot compel the bank to make 

 good the loss he has sustained if more than the ordinary 

 time has elapsed before he presents the check that is 

 given him. 



Certified Checks. A certified check is a common check 

 that has been certified by the cashier of the bank on 

 which it is drawn ; that is, he has written or stamped 

 across the face, usually with red ink, the word "certi- 

 fied," the date, and his signature. 



The certifying of a check is the same as accepting a 

 draft, and makes the bank responsible for its payment, 

 and not the drawer. Remember, that when you have a 

 check certified it is at once deducted from your account; 

 therefore, if you do not use it, you must deposit it to 

 your credit before it can again be added to your account. 



Certificate of Deposit. A certificate of deposit is a 

 written acknowledgment of a bank that it has received 

 from the person named a sum of money as a deposit, 

 subject to withdrawal on demand and on surrender of 



