Show overdrafts AGAIN of all the vexatious problems tile he banker has to deal overdrafts anre much the most troublesome they the increase the bookkeepers work dvork t the tellers cares and the callif cashiers ers troubles past due clue notes cause bad ad bielins di earns elins but overdrafts produce hideous nightmares decreasing deposits are unpleasant but overdrafts are nerve racking sleep killing and nightmare producing bank after bank has gone down because of them all bank examiners irown frown on the practice the they report tile the offending banks cite them to the law with a i strong admonition to not do it again 1 the higher courts have declared overdrafts to be illegal and they should not in any case be allowed cashiers can be held personally responsible to stockholders abere losses I 1 jare sustained in paying overdrafts you it hare ire no more more right rig lit to draw a check on oil a bank when you yon have no jeoney money to pay it thin than anyone has to daina demand nd of you goods time labor or any anything I 1 of 0 value without offering 3 to pay ou for it you draw a check lon on your bank which is a demand to I 1 apay pay you or some one else something ayou you have not you thereby demand bior or order the bank to do something it cannot lawfully do you might just as well demand of the merchant goods without pay and yet there are people ale foolish enough to get ina mad d at a bank tor for not overpay ing their nc lie count cobit banks are glad and willing to lend you monsy money on app approved sec security tivit yand and good collateral but atit want it in the same sensible safe way they want the note made out before the check is d drawn raw n banks are absolutely necessary business would without them commerce becomes paralyzed when they suspend they afford a safe place for keeping the moneys and lend lead their credit and cash in financing enterprise ent elpis banks save men from financial min no man ever made any large success in life without the aid of some bank every man mail should feel it his duty to be absolutely sol fair with his bank and should cease once and forber the pernicious habit of overdrawing his account when you need money go to the bank officials tell them plainly tile the case make them iafe afe and it if they can accommodate you you will get tile the money but dont try to overdraw r in large places where business is business and is is done according to 0 o hoile overdrafts oer drafts are few and far between it Is only in the smaller places that it becomes such an unsafe unpleasant and undesirable practice be fair with sour nour bank and your lank bank will be fair with you E if aicher in commerce monthly |