Penn State collegian. (State College, Pa.) 1911-1940, September 14, 1920, Image 3

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    i....Tuesday; September 14; 1920
LOCAL BANK-TO CHARGE - ■
STUDENT SERVICE FEE
(Continued from first page)
This expontto lu no minor detail by
. any means. in, that considerable time
i. und labor 1m required to fucilitato their
«: providing the students this privllcgo
,i Ho further utated that he did not be*
•' love that any reunonable person ox-
' 1 pccted hiH bank .to oxtend him ncco
•< modatlons at a lohm and that rather
than curtail tho studont depositor's
; privileged tho bank officialH hud do
" elded upon thcao charges. An Invos
*; ligation allowed that In most collogo
i towns tho banks charged n foo for
■ > handling such accounts and that In
; . most coses tho foo was oven groater
■ than tho local bank Is asking. In
somo cases tho foo Is as groat as one
■! • dollar a' month while In othors flvo
•*- dollars a year Is required for opening
k . an account. Somo banks requlro that
■ * depositors maintain a balanco of not
Adolph Zukor
GEORGE
Fttzmaurice
.. pnooucnoH
V "
\ \rrth Mae Murray
'l.-madiDovid Powell
y jt&araamal QHdura
1 Another groat beauty-drama
1 by the man who mado “On
I with the Dancel”
A romance of all
tbut human hearts experi
ence.
Beating with adventure. Suf
fused with the sabUo lure of
Turkish polneej nnd - per
, famed boadolr.
Every seono a thrill or a
feast of lovollDoss- '
Friday & Sat’d’y NITTANY theatre
Sept. 17 -18 TUESDAY
L. K. METZGER
.College Text
This year'we are agents for, the, famous W. A. W. Shoes. We will carry in stock at all times a complete
line of Men’s Shoes. Nothing over $lO.OO. This value compares with other shoes selling for $15.00 to
$20.00. How can they do it ? We sell direct from factory to consumer. There is no middleman’s profit.
leuft than ono hundred dollars and
Honjollmci) two hundred dollars, and
that in uuho the'dcpnsJior fails to keep
up this balance a fee of fifty cunts a
than a logical business proposition, ono
month Is dunged against him for
overy month that ho romalns below the
balance.
After some discussion tho merchants
approved thu bank'a proposal and
agreed among thomselves that they
would willingly pay tho cxclmngo char
ges on overy out-of-town chock cashed
in tho stoics and Inter’deposited to tho
merchant's "nccount In thebank.
In brief tho proposal In this:
• A xtudont who opens nn account at
tho bank will pny ono dollar a year for
sorvieo and' twentj-flvo cents for his
pass hook‘and a similar amount for a
chock book. In roturn tho bank'will
handle his .chocking account and will
also cash his out-of-town checks with*,
out u charge for exchange.
A student,,not a depositor, will have
to pay the exchange if thu bank cashos
ills check.
If ho presents an out-of-town chock
. |
PASTIME THEATRE
TUESDAY
.Return showing of DOUGLAS FAIRBANKS
in “The Mollycoddle” .
WEDNESDAY and THURSDAY
WALLACE REID
in “What's Your Hurry”
Also an exceptional comedy “Four Times Foiled”
FRIDAY and SATURDAY
WEDNESDAY
THURSDAY
FRIDAY AND SATURDAY
<Jo.
'ffi&EfflSPi "PKofqplai/s °f Qualify " \
~.. w state Cbllocfi. "Pa. ~ J
The Fastest Growing Store in State College
DRAWING
THE FAMOUS KEUFFEL AND ESSEX DRAWING INSTRUMENTS AND MATERIALS.
ARTISTS MATERIALS, MOIST COLORS, BRUSHES, OIL PAINTS, CHARCOAL, Etc.
OLD HAMPSHIRE BOND AND VELLUM STATIONERY
COLLEGE SEAL STATIONERY
to a local merchant ho will proluibly be
charged oxchango because tho mer
chant will have to pay tho exchange
charge when tho chock kook to tho
hank.
It u fraternity trcamiror or a bomd
liiff-liotiKo keeper recolvcH an out-of
town Llicck from a atudont. tho name
thing will probably hnppon, because thy
chock will bo chanced exchange when
It rcachoH tho bunk.
Plucnrdx announcing tho exchange
charges hnvo boun poHted by tho mer
chnniH In tljolr Htore*. Mont merchants
feel that Home criticism of tho charges
»itl bo mado but they fed that tho
bank's position is logically corrou
Mr. R. K. Smith, chairman of tho
board of directors of tho newly orga
nised Chamber of Commcrco, has said,
"Tho bank Is of a necessity required to
stand tho expense of handling student
accounts and Inasmuch us this Is a
privllego to tho student doposltor It Is
onl) right that he phould he assessed
accordingly. The cost on tho bank in
prodding this prlvllcgo bus boon great
GEORGE FITZMAURICE
Presents the super-photo drama
“The Right to Love”
Special Prices this production—
Adults, 30c., Children, 15c., and tax.
BRYANT WASHBURN
In “What Happened to Jones”
DOROTHY DALTON
In “Guilty of Love”
CHARLES RAY
in “The Village Sleuth”
James Oliver Curwood presents
“The Courage of Marge O’Doone”
THE MOST COMPLETE LINE OF
Books and Student
IN STATE COLLEGE
MATERIALS OF ALL
L. 14. METZGER
PENN STATI
and the picsont.movo is nothing more
w Id’ll an, student <nn understand
whin ho iuisoiih upon the mnUi-r”
Mr. A. It. Warnock. dean of men.
says, Tho local hank Is doing what
most college-town 1 sinks have hoop dn
log—U Isn't an unusual or unreason
able proposal U ought to encourage
mine students to keep bunk accounts
hero, because the snvlng on exchange
charges wilt In a year more than off
set tho fuo for handling the account,
livery young man, in college or out.
ought to keep n bank account and learn
something of business practlco In this
way*. Also, It Is A dingeious thing to
leave large amounts of cutrcncy In
one's room—the hunk vault Is a infer
place.''
Mr. Kapp has Invited n committee
leprosenUng the Student Council to
moot with him and hear a detailed pre
sentation of the hank's method of hand
ling deposit accounts and out-of-town:
checks.
PENN STATE 1915
THE STAIONERY OF A GENTLEMAN
111-115 ALLEN STREET
:e collegian
! DO
I ‘
More value for you when you
buy your clothes
I T’S going to be part of our business tbis fall to see that every eus
-1 -tomer who comes to us fo? clothes shall get more value for his
money than ever before «,
The clothes we sell will be just as fine as ever, the best quali
ties are always the most economical
Hart Schaffner ’& Marx
We ’ shall sell them at the closest margin of profit ever at
tempted. Maybe we’ll not make very much money on them; but
we shall give you some remarkable values
We intend to help in every way we can
to reduce the cost Of good clothes to you
ontgomery & Company
The home of Hart Schaffner & Marx clothes
IT NOW
Come in and see our big Fall and Winter sty]
and Fabric display. Every garment made t
order
SMITH’S TAILOR SHOP
127 ALLEN STREET
As Usual, Cleaning, Pressing and Repairing Neatly Done
make the best clothes we know of
L. K. METZGER
FRATERNITY STATIONERY
Supplies
KINDS