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The Signature Book Versus the Card System.--The use of the card system for signatures is not new to bankers, although some have not yet done away with the old signature book, that cannot possibly be kept in the way that signatures should be kept. Some books are better than others, but none so good as a proper card system.

Many bankers who have adopted the card system use only two forms, one for banks and the other for firms, corporations and individuals. This will answer

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TO THE MANUFACTURERS NATIONAL BANK, PHILADELPHIA,PA.

THE SIGNATURES BELOW ARE THE ONCE, AND ONLY ONCA, OWLY AUTHORIBED FOR YOU TO
MECOGNIZE IN THE PATIENT OF Utos On TRANSACTION OF OTHER DUSINESS ON OUR AGCOUNT.

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to a limited extent, but separate cards for each would answer to an unlimited extent.

The system here given was prepared after much study and examination of other systems, and it has been very highly commended by those who are qualified to pass judgment on it. It is especially intended for the paying teller's department, because he, by the nature of his duties, is required to refer to the signatures more than anyone else in the bank.

Figure I is for the signatures of officers of banks in the same city where the bank issuing the cards is located. Figure II shows the back of the same card. The information given on the back may be of more use than that given on the face. The names given on all the cards here illustrated are fictitious, for it would not be right to take cards from the cabinet and use them in this way. The names given are simply to show how the cards look when filled up, and the information they give.

INDIVIDUAL CAND

AUTHORIZED SIGNATURES OF

DATE
AUG. 120

JOHN L SUMMERWELL

TO THE MANUFACTURERS NATIONAL BANK, PHILADELPHIA,PA.
TNE SIGNATURE DELOW ISTNE ONE AND ONLY ONE,YOU ARE TO RECOGNIZE IN THE
PAYMENT OF FUNDS OR TRANSACTION OF OTHER BUSINESS ON MY ACCOUNT

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TO THE MANUFACTURERS NATIONAL BANK, PHILADELPHIA,PA.
TWE DIGNATURES CLOW ANE THE ONCE, AND ONLY ONE, DULY AUTWORZED FOR YOU TO
ACCOGNIEW THE PAYMENT OF TUNDI OR TRANSACTION OF OTHER SUBINESE ON OUR ACCOUNT.

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The card for out-of-town banks is Figure III. The wording of the two printed lines, beginning, “The sig. natures below,” etc., is a little different from that generally used. It is clearer and more to the point, giving special instructions, which become effective when the signature is placed below.

The individual card is shown in Figure IV. No comment about this is necessary, for it explains itself. But on the firm card (Figure V) the arrangement giving place for the name of the person who signs for the firin is very useful. The question sometimes arises as to which member of the firm signed a certain check or note. Reference to this card would tell at once.

FIRM CARD

AUTHORIZED SIGNATURES OF

Art
MAR 15,00

SMITHERS, BROWNLEY & CO.

TO THE MANUFACTURERS NATIONAL BANK, PHILADELPHIA,PA.

THE SIGNATURES BELOW ANE THE ONCE, AND ONLY ONCE, DULY AUTHORIZED FOR YOU TO
RECOGNIZE IN THE PAYMENT OF FUNDS OR TRANSACTION OF OTHER BUSINEOS ON OUR ACCOUNT.

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BUSINCES

TO THE MANUFACTURERS NATIONAL BANK, PHILADELPHIA,PA.
TMC SIGNATURCE DCLOW ARE THE ONCS, AND ONLY ONES, DULY AUTHORIZED YOU TO
ACCOGNIZE IN THE PAYMENT OF FUNDS OR TRANSACTION OF OTHER JUBINCS ON OUR ACCOUNT.

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IT IS MERLOY UNDERSTOOD THAT ONLY ONE SIGNATURE IS REQUIRED UNLESS OTHERWOE INSTAVOTED

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ADDRESS

BUSINCU

Hookers

Phuly 9. Quaker.

4.T. Moneys.
The sequatures of Treasurer and President required -

1990 Chestnut St.

Furnishings and decorations -
INTRODUCED BY 4. W.

Figures V and VI The Valuable Points of This System for Banks.-All these cards, except those for banks, give a place for the address, business—that is, the nature of the business—and by whom the party was introduced to the bank. This information is often wanted, and will be found useful in many ways on many days.

Figure VI is the corporation card; on it is a clause stating that, unless otherwise instructed, only one signature is required. Frequently the treasurer's signature is the only one used, but in the case here given the bank is instructed that two signatures are required on each check or note. Without the special instructions the bank would be authorized to pay on any one of the three signatures given.

The same card (Figure VI) is to be used for trust companies, too, as shown in Figure VII. The nature of the business in this case is understood without making note of it.

Although seven forms are here given, there are only four different kinds of cards. The two for banks are the same on the face, but some had the form printed on the back, for use with banks in the same city.

TAVOT CO. ON
COAFONATION CAND

AUTHORIZED SIGNATURES OF

DATE
SEPT. 1,

WILLIAM PENN TRUST ca, PILA

TO THE MANUFACTURERS NATIONAL BANK, PHILADELPHIA,PA

THE SIGNATUNCS DCLOW ANC THE ONES, AND ONLY ONES, DULY AUTHOMICD ron VOU TO

RECOGNIZE IN THE PAYMENT OF FUNDS OR TRANSACTION OF OTHER BUSINESS ON OUR ACCOUNT. UIT IS WEALOY UNDERSTOOD THAT ONLY ONE SIGNATURE IS REQUIRED UNLESS OTHERWIS INSTRUCTED

NEDIDENT

Edurand Du Bow-
Geo Cooper.

Brown, Clark .Co

STOP PAYKANT ORDER

THE MANUFACTURERS NATIONAL BANK,

PHILADELPHIA, PA

DATE Nou. 1

1003

125

ADDRESS

PLEASE STOP PAYMENT ON THE FOLLOWINO CHECK:

IVOINCBI

Det. 30, 1903

NO.

DATE OF CHECK

INTRODUCED BY

ORDER OF

AMOUNT

4788

Smith Hardware Co. *932.75

Brown, Clark & Co.

1900 Brown, Clack & Co. Rot last, only delayed in mail.

GION NORE

nor. 10,

ORDER CANCELLED

ACASON

Figures VII and VIII

There is really only one objection to these cards; it is that they are too wide to be enclosed in an ordinary business envelope. They are four by six inches, and require a special envelope when sent through mail. If they were three and a half by six inches, they could be enclosed in an ordinary business envelope, and would not be so liable to be broken or torn in the mail. They could very easily be so printed.

An Important Feature of the Paying Teller's Department.-Another important matter with the paying teller's department is “stop payment” orders. These or

ders are usually written on a slip of paper or letter form from the party who issued the check or note, and then desired for some reason not to have it paid, and when the item has been returned or the order canceled, the slip is torn up, and that ends the record. Some keep the record by entries, in a book kept for that purpose. But with the card system a card like Figure VIII can be used to great advantage. When the order is given to stop payment, the card is filled out, as here shown, and the card is filed in its place. If the order is canceled for any reason, the two bottom lines are filled up and the card filed back of those still in effect. It the check comes in and is returned, mention of the fact, with date, should be made on the card, and then the card is filed as if the order had been canceled.

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For these cards a four-drawer cabinet is used. First drawer for A to K cards, second for L to Z cards, third for local and out-of-town banks, fourth for stop-payment orders and to file cards of accounts that have been closed. When an account is closed, the card should be taken from its place, marked "Account Closed,” with date and reason, and then iled away in alphabetic order in the fourth drawer. If the bank has more than two ledgers for individual accounts, more drawers can bọ provided for the cards. To those who think of adopt.

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