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Updated: June 20, 2025
The directors of the bank were becoming much more friendly to the old man. Next year President Kugel was going to retire. Because of his son's noted coup, as well as his long service, he was going to be made president. Frank was a large borrower from his father's bank. By the same token he was a large depositor. His connection with Edward Butler was significant.
If money is deposited in the name of one under legal age, the names of the parents and the birthplace of the minor are also recorded. The adult depositor must write his name in a book provided by the bank for the signature of clients.
Mertzheimer is back of it, somehow. The old man is a heavy depositor there, isn't he?" "Yes, but why under the sun would he say such a thing about me? I never liked Lyman and he had no love for me, but he has no cause to bear me ill will. I haven't anything he wants, I'm sure." "No?" The girl bit her lip and felt her cheeks burn. Martin looked at her, amazed. Why was she blushing?
For a long time the banks refused to carry private accounts in United States currency, but when it was offered for deposit it was changed into Mexicans with a heavy charge for the transaction, and an account opened in Mexican currency to the credit of the depositor. If the depositor afterward desired to get United States currency, he gave a check for it at the then existing rate of exchange.
The Indian has been the victim of the same kind of neglect, the same abortive processes, the same malpractices as have the life insurance policyholders, the bank depositor, the industrial and transportation shareholder. The form of organization of the trusteeship has been one which does not provide for independent audit and supervision.
The money saved may also be transferred from place to place, without expense, and may be easily paid to the depositor when required, no matter where it was originally deposited. All that is done, is done in perfect secrecy between the depositor and the postmaster, who is forbidden to disclose the names of the depositors. We have frequently alluded to Mr.
Our own conclusions were that the fact that I was already a depositor, together with the impression made by the letters and my £10,000 checks, would put the thing through. Yet we, of course, felt that a thousand things could arise to block our way effectually.
There was a mystery surrounding so much money, deposited all at once and in such a way, but the depositor proved himself all right so far as his papers and nationality were concerned; and in a very short time young Barnwell came to be known as the Fairies' Son, a man to whom they had given unlimited wealth, every rouble of which would double itself at their bidding.
For such a small amount as that I shall have to charge you at least six per cent. If you were a regular millionaire and wanted, say, half a million, I could let you have it for three or four per cent." "Yes, sir. I appreciate your generosity." The depositor handed the president of the bank, who was now almost completely bathed in a cold perspiration, a blank form. "Here," he said, "sign this."
"Well, it is on the same principle as the safe deposit boxes in a bank. The depositor has one key, and the bank the other. The box cannot be opened by either party alone. Both keys must be used. That insures that no one person alone can get into the box. It was the same way with this safe. The combination was in two parts." "And did my father set it that way?"
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