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bar of shares, and each stockholder's account should be credited with
these items in the order mentioned. If he sells any of his stock, his stock
account should be charged and show date of transfer, number of the cer-
tificate from which the transfer is made, name of party to whom transferred,



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number of the transferee's certificate, and number of shares transferred. A
stock account should then be opened for the party to whom the stock is
transferred, and this account credited with the stock issued, ' showing the
number from which it came. In the case of original stockholders, when
crediting their accounts on the stock ledger, it is well to write the word
"cash" in the column marked "from what number." These should show
the number of shares issued at the organization of the bank, and the total
when multiplied by the value per share actually paid in should agree with
the capital stock account on the general ledger.
Cash Book. — The general cash book is in some banks called a journal
and run as a journal. As the transactions of a bank in reality relate to cash,
I deem it proper to run this book as a cash book. In this book is recorded
each day the whole business of the bank, each department furnishing a
report in aggregate. The balance, as shown by this book at the close of the



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cJOUQNAL. (oi"C<soAi SooK ) Monday, cJune a, \&3Z



day, must agree with the balance of cash on hand as shown by the paying
teller. The items on this book are posted to their respective accounts in the
general ledger.
