Monday, Mar. 26, 1928
Checked
One thousand U. S. banks will be able to check up their depositors' withdrawals by photography before this year's end. Eastman Kodak Company's new Recordak apparatus (rental, $300 a year, capacity 16,000 checks per $5 in films) will provide conclusive proof that checks have really been paid. The Eastman Co. convinced itself of the usefulness and salability of the machine before it incorporated Recordak Corporation for $1,000,000 last fortnight.