Revised And Enlarged Ed of the Science of Railways volume 10

Cover Revised And Enlarged Ed of the Science of Railways volume 10
Revised And Enlarged Ed of the Science of Railways volume 10
Marshall Monroe Kirkman
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But as the bank will insist upon its count, it will sometimes be necessary to require REMITTANCES OF AGENTS AND OTHERS. 137 the work of counting the money to be assigned to a new man, or that measures be adopted by the bank to ascertain definitely in reference to the reliability of its teller.
The same disputes and suspicions will occur if remittances are made to the treasurer, so that nothing is gained by having them sent to him.
The duty of receiving and counting the money remitted from day t
...o day is an exceedingly dis- agreeable one at best, a duty that the most up- right and courageous official will esteem himself happy in not having to perform.
When money is sent to the bank, it should render the railroad company at the close of each day's business an abstract of the amount re- ceived from each agent and conductor. This statement should . Be footed. Along with it the bank should send the statements or letters of advice which it received with the remittances. These should be entered by the treasurer upon the cash book, and if found to agree (when added together) with the amount reported by the bank, the statements may be stamped with the date they are credited and returned to the agents and conductors as receipts; this plan obviates the necessity of the treasurer's writing a formal receipt, and thus much time and cost are saved.


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