I have never seen notices like this - but it was common to pay bills only once a month on the 10th for bills received by the 1st. In those days the bills were hand prepared and usually regular customers received one bill for a month (or week). A common payment term was "Net 10th Prox" (proximo means next). Which meant the net (ie full amount) was due the next month by the 10th. No packing lists or internet confirmation of orders.
— Peter Hovell
I'm just surprised the whole thing required an ad in the newspaper. You think you'd remember when you're supposed to get paid. Also, surprising it's only once a month. That's a lot of free credit to extend when these mines were going out of business overnight.
Comments
I have never seen notices like this - but it was common to pay bills only once a month on the 10th for bills received by the 1st. In those days the bills were hand prepared and usually regular customers received one bill for a month (or week). A common payment term was "Net 10th Prox" (proximo means next). Which meant the net (ie full amount) was due the next month by the 10th. No packing lists or internet confirmation of orders.
— Peter Hovell
I'm just surprised the whole thing required an ad in the newspaper. You think you'd remember when you're supposed to get paid. Also, surprising it's only once a month. That's a lot of free credit to extend when these mines were going out of business overnight.
— John Hovell