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About Kendall Chronicle (Kendall, Mont.) 1902-190? | View This Issue
Kendall Chronicle (Kendall, Mont.), 04 Aug. 1903, located at <http://montananewspapers.org/lccn/sn85053338/1903-08-04/ed-1/seq-7/>, image provided by MONTANA NEWSPAPERS, Montana Historical Society, Helena, Montana.
Kendall, Montana, August 4, 1903. 7. 'payees to hold orieinal drawers of BANK CHECK RULES. 2heeks. But by putiing thecks in cir- culation the I:ability of the drawers , cannot be prolonged. They must be Simple Formulas That Should Be presented wit bin the same time by in- dorseea as by payees. Observed by Drawees. Omission of a Slight Detail May eding• Great Trouble and Loss—impor- taut Information for Those La Belgium. Bank checks poeseas many ad- vantages for the conduct of business and are used to a proportionately great extent. They are in nature but orders :Dor elle payment of money and are pay able in the order in which they are presented. An given in the usual course of business they du not constitute payment of the indebted- ness for which they are given until paid. Nor will the concurrent re- celpting of the debts for which they are given change this. If they are not parid on proper presentation resort may be had to the original claims i he rule is different in this respect as to certified cheeks. So the having of the checks certified constitutes payment as teethe rersons drawing them, says the National Banker. Checks should be dated. If not dated at all and they do not contain. any statement as to when they are to be pai3 they are never payable. They may be ante or post dated as well as dated on the day of delivery. By be- ing antedated they may he made to cover prior inn -sections and in a measure determine the relative rights of the parties to them, provided that no fraud is ineended or done. Post- dating in the main. determines.the date of payment. When postdated so as to fall due on Sunday, they are payable on. the fol- lowing Monday. Cheeks postdated or !nattiring on legal holidays should be presente:i the day follow ieg. When postdated checks are paid before the dates mentioned the money paid on them can be recovered. If blanks are left for the date the holders ( f checks are thereby authori - ed to insert the true dates of delivery, but no other dates., and if they insert any other date it makes the checks void. Chang- ing the date of checks without con- sent of the drawers will Cc the same. The presumplion is that when checks are drawn funds will be pro- ided at the banks on which they are drawn to meet them, but presenta- tion for payMent must be made with- in a reasonable time. If not so pre- sented the holders will be charged w:th any en nsequent loss. When per- sons receiving checks and the banks on which they are drasn are in the same place, they should be presented the same day or at the latest the day after they are received. After du:y presenting checks it is elm the duly of the holder, if they are not paid, to notify the drawers be- t' ve the close of the next :settler day following the presentat:on and dis- honor. No particular form of notice is required. It may be written or verbal. The principal case in which losses occur from failure to use due diligence in the collection of checks is where the banks on which they are drawn fail in the meantime. If the banks continue s-olv eat the drawers will re loan liable to pay their checks for months at least after they are drawn. Presentation and notice of dishonor will also be dispensed with where there are no trimly pay cheeks and here the banks n which they are drawn suspend pa cm before they can be presented, using prcrer dili- gence. After receiving cheeks they must be presented for payment, unless such presentation would he tireless he- fnre the original claims cc n be sued on. for, by accepting checks, there is an implied agreement to use that method of procuring the money for which they are drawn. When checks are negotiable and pass by indorsement or delivery the Fence degree of diligence will be re- quired of each person to whom they are indorsed, in order to hold those in- dorsing them, as is required of original PUNGENT PARAGRAPHS. Sooner or later opportunity will come to those who hustle while they wait.—Chicago Daily News. The Complaint.—\Do your neighbors keep chickens?\ \No answered the suburban citizen, \that's just the trou- ble. They don't keep 'em. They turn 'em loose.\—Washington Star. At the Cotillon.—She—\And how do you like Mr. Stout's new German fig- ure?\ He—\Well—er—I should—er— corpulence is hardly peculiar to the Teutonic race, you know.\—Harvard Lampoon. An Awful Jolt. --\Is your face for rent?\ asked Miss Bluff. \Weally I— aw—fail to compwehend ycuab quewy,\ rejoined young Softed. \Why --aw—do you awsk?\ \Because re- plied Miss B., \it has such a vacant look.\—Chicago Daily News. Took Time to Realize.—The Coroner —\How could the viclim have arisen if he had been instantly killed?\ The Witnese--\Well the only wry I can ex- plain it is to to say that the automo- bile passed so quickly that he did not realize at first that he was actually dead.\—Brocklyn Life. Went the Limit as Usual.—Newitt— \My wife went shopping to -day and she had exactly $48.12 when she started out.\ Ascum—\How do you know that? Did you count it before she went out?\ Newitt—\No but when she came back she told me that was the amount she had spent.\—Philadelphia Press. Unusual ProvocatiOn.—\You ought to know better,\ said the oculist, \than to rub your eyes after handling paper money. Unless it is perfectly new it's full of germs.\ \But this was a thou- sand dollar bill a fellow handed me to look at. I rubbed my eyes to see if I was awake,\ responded the patient.— Chicago Tribune. Asistrian Army Suicides. Statistics of suicide in the Austro- Hungarian army tell a dark story. Even among the civilian population of that empire the percentage ( f suicide is high -1.03 per 10.000 inhabitants, as against 0.76 in England, , though still lower than Germany, whose percent- age is 2.71. Austrian army suicides. however, are equal to those of any three European armies put together. England's army of free men does not weary of its own existence. The per- centage is 2.08 per 10,000, while in the Austrian army it rises to 12.53, even double that of the German army, which may be described as a bad second, with a rate of 8.33.—Indianapolis News. \The WIdloses erviens.\ The Sunday school superintendent was quizzing a chum of small girls the other day: \And what was 'the widow's cruse 7\ he asked. There was a moment's silence; then a little hand went up timidly: \Please sir.\ said the youngster, \the widow was one of the people that went with Noah In his yacht.\—.N. Y. Times. Oat on lb. Judge. His Honor --I'm going to makean ex- ample of you by committing you as a nuisance. Tired Tat tere—Youse dassent, ledge. \Why not?\ \'Cause its agin de law ter commit er nuisance. Dat's why.\—Chicago Daily News. Willie Was Excused. The following note was recently received by a HiggInsville (Kan.) school teacher: \Respected Miss: please excuse Willie for absents. He fell downstairs just before school time and we feered his internal in- sides( was hurt at first, but they ain't. The doctor says that no part of his anattomy was hurt, but the brcwz- Int; of the epry fermis of the outside hide ard also his hipp hurt some. But he narrowly escaped fatal death. So kindly excuse.\ Haire PRINTING Chronicle -4.....ii t JOB done Your at the Job Office #000$0.00 We Statements in fact the at Print Letter Bill Business Visiting Posters way Lewistown everything Prices Heads Cards Cards of Job Heads Work in
