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Show j ONE MINUTE TALKS ONANKiNG Don't Hold Checks Either Cash Them or Deposit Them The person who keeps checks in his possession for more than a reasonable reas-onable time, believing that they are I equivalent to actual money, is as-l as-l suming a risk of losing the amount involved. As all checks are paid in order of presentation at the paying bank, and not according to the order or-der in which the drawer issued them, they should be presented for payment at as early a date as possible. poss-ible. May I suggest that you follow the only safe course, and either deposit de-posit or cash all checks within 2 4 hours of the time they come Into your possession. If it will inconvenience inconven-ience you to call at your bank, I recommend re-commend that you mall, all such checks in for credit to your account. Under no circumstance allow yourself your-self to get into the habit of holding checks beyond a reasonable time, for as sure as you do you will meet with a loss some day. There are cases ca-ses of record where persons holding checks for Uiree days did so at their peril, losing the amount Involved. By holding checks beyond a reasonable reason-able time you automatically relieve the lndorsers, and, In some circumstances, circum-stances, the drawer, from all liability. liabil-ity. From a purely business standpoint, one should cash or deposit at once all checks received, in order to keep one's funds readily and quickly a-! a-! vallable. i |