Banks usually return to promisors and acceptors all the paper which they have collected. When you pay a note or draft you expect to receive the canceled note or draft in exchange for the money which you pay. In the same way paid checks are returned to the drawers of them, at the end of each month. This rule is not generally followed, however, between banks and their correspondents.

The canceled note or draft which you receive should not be destroyed. It may serve as an important voucher.

A good plan is to tear the signature through the middle and destroy the torn-off piece. The note is then destroyed as a credit instrument but remains sufficiently complete to serve as a voucher.

A Power of Attorney Given by Daniel Webster.