isfactory method seems to be to pay in cash, and take receipts in an ordinary journal-ruled book, in which a separate page is devoted to each employee. The book should have an index-preferably a marginal index. At the top of each page are written or printed some such words as these:-"Received from The Blank Trust Company the amounts set opposite my several signatures below, in full payment of my salary to the dates shown." On each line is written the date of the pay-day, and the amount due the employee to such date. It is a convenience to have the pages numbered, and in getting the pay-roll ready for the paying teller, the disbursing officer writes on pay-roll envelopes the page number and the amount due. After the teller has placed in each envelope the amount of cash called for on its face, the disbursing officer may, if he chooses, turn to the pages indicated and write on each envelope the name of the person who is to receive it. This method saves the trouble of preparing for the teller a list of the amounts of each denomination of currency or coin needed for the pay-roll. The disbursing officer simply hands to the paying teller a voucher for the total amount of cash needed, with the envelopes showing the separate

amounts.

For customers who wish cash prepared for their pay-rolls, a pay-roll slip like that shown in Figure 227 is provided, on which is shown the amount of each denomination wanted.

RECORDS OF THE SUPPLY DEPARTMENT.

An important task is that of looking after the supplies of various kinds-records, forms, pens, ink, etc. In the large companies a good many thousands of dollars are expended for such things each year, and a regular department is organized to care for the work. It is necessary to have a sufficient supply of each article always on hand, to buy in quantities that will insure good rates; and yet to avoid loading the expense account for any one year with the cost of supplies for several years ahead. In a small company the problem is comparatively simple, and occasional inventories under the direction of a watchful official are all that is needed. Large companies with several departments require a careful system. The buying is generally done by one of the junior officers, who has charge of the department. Each new form as ordered is given a form number, by which it is thereafter known. When supplies are received from the' printer by the supply clerk, he makes a record of same on the left side of the card form shown in Figure 228. The date of receipt, the party from whom purchased, the quantity and the price are shown. These cards are filed in a case, in which sections are set off by index cards for forms of each department and for general forms; and the cards are arranged alphabetically in each section. Supplies are delivered to the various workers only on written requisitions; and from these requisitions record of the

withdrawal of supplies is made on the record card, Figure 228, on the right side under the heading "From stock." The amount of the supply remaining is shown in the "On hand" column. The records thus show at all times the amount on hand of any given article. They also furnish a basis for estimating the necessary size of orders for the next year. Scrap-books are kept in which are pasted two copies of each new form as issued. The number 97 after the word "sample" at the top of Figure 228 refers to the page in the scrap-book on which samples of the form are pasted.

CHAPTER. X.

FORMS AND RECORDS FOR THE SAVINGS DEPARTMENT.

THE

HE savings department has come to be one of the most important departments of trust companies, particularly in communities where the savings banks have not had great development, and in many cases furnishes the largest part of the business. The records of this department are comparatively simple; and since the deposits are not as a rule active, a small clerical force can readily handle a large number of savings accounts.

The forms and records used are practically the same as those employed by the regular savings banks. For a very full treatment of printed savings bank forms, based on samples furnished by savings banks from all over the country, the reader is referred to a compilation of savings bank forms issued in June, 1906, by the Savings Bank Section of The American Bankers' Association.

OPENING AN ACCOUNT.

When a person wishes to open a savings account, assuming him to have been properly identified, the first thing necessary is to have him place his signature on the signature card as a means of identification in future transactions. Formerly signature books were used, and there are a few companies which still use them; but the advantages of cards for this purpose are so many that their use is becoming nearly universal. A few companies use both the book and the cards, keeping the former for permanent record, and using the cards for daily business. Figure 230 shows a simple form of signature card, whose size is 3x5 inches. A more elaborate form is shown in Figure 231. The amount of information called for on the card varies greatly, according to the policies of the officers and local circumstances. Besides the signature, the items always included are the address, the number of the account and the date on which the account was opened. Among the other items of information often called for are the following: Both home and business address; occupation; employer's name; age, or date of birth; birthplace; married or unmarried; father's name or mother's name, or both, sometimes the whole name being asked for, and sometimes the first name only; husband's or wife's name; maiden name (if a married woman); native state; nationality; introduced by; source of account; remarks. A few companies require the signature to be witnessed. The majority of signature cards contain a simple agreement like that shown in Figure 230, but a few contain quite elaborate contracts to abide by the rules and regulations, etc., and a few provide no agreement whatever, assuming that the opening of the account and the leaving of the signature