Elementary Banking

eposit (by putting in cash or discounting or in any other way) the total is entered in the pass book. The pass book is the depositor's evidence of deposit, and is in most banks not "balanced," a statement of the account being rendered at regular intervals instead. In a savings bank the book contains the bank's account with the depositor, has debit and credit sides, and withdrawals are entered as well as deposits. DEPOSIT TICKETS.?Deposit tickets are the slips depositors are required to make out showing the respective amounts of bills, coin, checks, etc., that are deposited. They should always be made out by the depositor, and never by bank officials, except in unusual cases, such as inability. They are kept by the banks and, if any dispute arises as to how much was deposited, these slips, in the handwriting of the depositor, are of great value. Banks frequently print in the pass books notice of the terms on which deposits are received and the same terms should also beplaced on the deposit slips. This statement usually is merely a disclaimer of liability on items deposited that are payable by other banks. This is done to notify the depositor that while the bank has acknowledged its indebtedness to him, it is subject to the DEPOSIT TICKET WITH DISCLAIMER FOR DEPOSIT BY ?WITH? Institute National Bank, RICHMOND, VA., The depositor using this ticket hereby agrees that all items payable outside of Richmond shall be forwarded by this bank as agent fo...