Part 1

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Transcriber's note:

Text enclosed by underscores is in italics (italics).

Text enclosed by tilde characters is in bold face (~bold~).

A SIMPLE EXPLANATION OF MODERN BANKING CUSTOMS

HUMPHREY ROBINSON

Edited from a Legal Standpoint by W. Overton Harris, Former Judge of the Jefferson County (Kentucky) Circuit Court, Dean of the Louisville (Kentucky) Law School

Designed for the promotion of closer and more satisfactory relations between the public and the banks; for the information of depositors generally, and of those just entering the banking business.

Boston Small, Maynard & Company Publishers

Copyright, 1909, 1910 By Humphrey Robinson

Entered at Stationers' Hall

CONTENTS

PAGE

I. General Remarks 9

II. The Choice of a Bank 14

III. Opening a Bank Account 17

IV. How to Deposit 22

V. Your Account on the Bank's Books 26

VI. Stopping Payment of a Check 32

VII. How the Bank Collects the Checks you Deposit 33

VIII. The Clearing House 36

IX. A Certified Check 49

X. Protesting Notes, Drafts, etc.,--why Necessary and how it is Executed 53

XI. The Local Collection Department 64

XII. The Loan Department 77

XIII. New York Exchange 99

XIV. The Method of Issuing National Bank Notes 102

XV. The So-called "Special Privileges" of Banks 109