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29. A PEW REMARKS ABOUT CASH
ING CHECKS.
At the present time (and for several years past) it
is a custom for the general public to have their drafts
or checks, or hoth, cashed in hotels, restaurants and
saloons—in some places more than in others—as a
convenience to themselves.
It is well for every one in business life, if he can
avoid cashing checks, to do so, for he will thereby
escape much annoyance. By cashing checks, the pro
prietor, in all cases, takesmore or less risk, for a check
is never real money hut only a promissory note.
Where one is compelled to give the public accom
modation, more or less, he can never be too careful in
considering what he is doing. First of all, he should
know the party who asks the favor, his standing
financially and socially. If the man is a comparative
stranger, he should know all about the maker of the
check, his business place, his private address, and his
responsibility. The proprietor should carefully ejcam-
ine the check and see whether the date is made ahead
or not, as, in the former case, it is considered a matter
of trust. Notice that the check is properly made out,
with correct signature, and see whether it is payable
local city bank or at some out-of-town bank.
When collected from some other than the home bank,
there is usually a slight expense of collection. It is
to he remembered also that at present—for the pur
pose of a war tax—a two-cent revenue stamp must be
attached toevery check, thestamp cancelled by writing
the date andinitials of the "maker' upon it.
When a person presents a check of which he is not
the maker, the utmost carefulness must then be ob
served for several reasons. Whether you know the
maker or not, you must he informed of his business
and homeaddress, and what probable responsibility he