June 28, 1920
Persons who have checking accounts should carry a check book and number their checks as they are given out, according to Edward D. Hodge, business agent of the El Paso Business Men’s Protective association, which is conducting a campaign against the bad check evil.
“A great many of the worthless checks, we find,” said Mr. Hodge Sunday, “are counter checks. In a great many cases counter checks are given by persons who have failed to keep track of their bank balance and they are unaware that they are overdrawing their accounts. The practice of carrying a check book and number checks drawn would obviate this practice.”
A great man worthless checks are drawn by women who have failed to keep track of their bank balance, Mr. Hodge stated.
The association is planning to issue a weekly bulletin to members listing worthless checks which have not been made good by their drawers. This precaution will disclose persons who are giving worthless checks to more than one firm.
In some cases it has been found that persons who make a worthless check good by drawing another worthless check and cashing it with another business man.
The best precaution, Mr. Hodge believes, against overdrafts, is to keep a fifty dollar balance in the bank all of the time.
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