This section of the book is from the "Canadian Banking Practice" book, by John T. P. Knight.
Question 420.— Is it proper to make payable " with interest " or " with bank charges " ?
Answer.—We doubt if a note drawn "with bank charges" is a promissory note within the Act. A note " with interest" is, and this form is certainly preferable. If it is intended to add more than the interest to the note, the amount should be ascertained and this included in the amount of the note.