Closed Account. A bank account may be closed by the account holder when there is a zero balance in the account. By contacting the financial institution and completing a written request authorizing the bank to close the account, the bank will immediately close the account if there are no unresolved transactions.
James Madison. James Madison, America's fourth President (1809-1817), made a major contribution to the ratification of the Constitution by writing The Federalist Papers, along with Alexander Hamilton and John Jay. In later years, he was referred to as the Father of the Constitution..
Born: March 16, 1751. Port Conway, Virginia. Died: June 28, 1836. Orange County, Virginia. American president and founding father. James Madison, the fourth president of the United States, was one of the principal founders of America's republican form of government. As a Founding Father he helped plan and approve the U.S. Constitution and the Bill of Rights, two documents that laid the foundation for the American way of life.