Glasgow Deposit of Checks ordinance (§ 115.270)

Every check, draft, or other negotiable instrument of any type which is drawn in favor of the City of Glasgow, Missouri, may be negotiated only by including in the endorsement thereof on behalf of said City the phrase "For Deposit Only" or some similar statement, and the actual deposit thereof to the credit of said City in a depository designated for receipt of the funds of said City. No such instrument shall be negotiated for cash.