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This form gives an opportunity for a brief statement of the account on its face and when properly endorsed and passed through the bank becomes an all sufficient receipt for the payment effected by such check. The original check from which the present form is taken was accompanied by a printed notice as follows:

Form 7.-Check. Receipt Form. (b) Notice Accompanying Check.

190....

Gentlemen-Enclosed herewith please find our check in payment of your account as indicated thereon.

Your endorsement on the check will be a sufficient receipt.

Yours truly,

HARRISON STEEL Co.

Frequently such notices are merely printed slips sent with the check. At times the statement "No receipt necessary" is printed in the body of the check.

The following form allows a more extended statement than is possible on the form of receipt check first presented. The space for statement might have been increased without detriment to the check, or the same space might have been secured on a check of ordinary size, by allowing the state

ment ruling to extend to the top of the check. This would bring the entire matter of the check itself to the right of the statement, but still leave it reasonable space.

Form 7.-Check. Receipt Form. (c) Extended Statement.

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The form of receipt check which follows provides for a statement of account on the back of check.

Form 8.-Check. Receipt Form. (a) Face.

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In Payment of Account Stated on the Back of This Check.

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The check as presented provides for a countersignature by either the president or vice-president, the signing officer striking out the title which does not belong to him.

The form on the reverse of this check is as follows:

Form 8.-Check. Receipt Form. (b) Back.

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The so-called voucher checks do not differ in principle from the receipt checks illustrated, being merely an extension of the same idea. They are, however, sometimes carried to such extremes in size and matter as to become a nuisance to the recipient and to the banks through which they pass.

The voucher check which follows is modest in size and not open to objection. It is in use folded so as to give a width of 84 inches and a depth of 3 13/16 inches, a reasonable check size. The check proper appears on the first page of the folder thus formed. The statement form is given below.

This statement occupies the entire inner portion of the folder-84 x 75% inches. As presented it is shortened materially in order to save space.

On the fourth or outer page of this voucher check is space for an endorsement, headed as follows: "The Endorsement of This Voucher is Sufficient Acknowledgment of the Payment of Account as Within Stated."

No Receipt Necessary.

Form 9.-Voucher Check. (a) Face.

(Size of Original-84 x 75%".)

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In full payment of account as shown on the reverse side of the Voucher.

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WINTERS NATIONAL BANK, H. G. WARING COMPANY,

Dayton, Ohio.

By

Form 9.-Voucher Check. (b) Statement.

Treasurer.

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The voucher check which follows occupies one side only of the sheet, which is folded so as to bring the statement form on one of the outer pages and the check form on the other.

It will be observed that this voucher check is not an order for the payment of money until the receipt which forms part of it is properly signed and dated. This throws on the bank the burden of deciding whether or no the check has been made effective by a proper date and signature. In practice the banks seldom object to a requirement of this kind.

Form 9.-Voucher Check. (c) Check and Statement.

(Size of Original-81⁄2 x 7 inches.)

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FIRST NATIONAL BANK OF NEW YORK.

Pay the above amount, when the receipt below is properly signed and dated.

Cash Disbursement, Recorded Folio No.
Examined and found correct:

Received,

Assistant Secretary.

Michigan Iron and Steel Mfg. Co.

Treasurer.

... 190.... of MICHIGAN IRON & STEEL

....

MANUFACTURING CO.,

in full for above account.

$..

....

. Dollars,

READ THIS.-The above receipt MUST be dated and signed by the person, firm or corporation in whose name the voucher is drawn. Any alteration to any part of this Voucher will make it void.

Do not detach this receipt. Deposit in bank same as a check.

The following form of dividend check is that employed by the United States Steel Corporation for the payment of preferred dividends.

Form 10.-Dividend Check. (a) Form of Check.

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UNITED STATES STEEL CORPORATION.
NEW YORK, August 30th, 1907. No......
THE AMERICAN EXCHANGE NATIONAL BANK
of New York.
Pay to the Order of

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