MR. James BrowN.

Will be due April 20, 1896, at

First National Bank,

Albany, N. Y.

Checks offered in payment must be duly certified.

Where a bank has customers to which it grants a line of loans or discounts, it should also keep a "credit ledger," with an account for each maker, payer, and endorser, to which are to he posted the number, date, name of maker, payer, endorser, amount and other data respecting any paper loaned on or discounted by the bank. The value of such a record is to show at all times the total amount the bank has at risk to any maker, acceptor or endorser of paper held by it.

If the discount clerk receives payment for loans and discount paid, he should keep a memorandum of each piece of paper paid, including interest, if any, and at the close of the day make a statement of total amount received, report same to the general bookkeeper, and turn over all money, checks, etc., to the paying teller. No check should be received in payment of any maturing paper, unless it is duly certified, except from a depositor in the bank having the money to his credit. Any paper owned by the bank, or held by it for collection, which is not paid on day of maturity, should be turned over at the close of business hours by the discount clerk to a notary public to be protested, whenever this is necessary. An examination and verification of all loans and discounts on hand should be made at least once a month, to prove whether the amount on hand agrees with balance shown by general ledger.