A system for processing presentation instruments that includes a presentation instrument reservoir, a presentation instrument reader, a distribution stock holder, a distribution stock reader, two or more motor systems for advancing distribution stock and presentation instruments, and attaching the presentation instruments to the distribution stock when codes printed on the instruments and stock match each other. In some cases, the motor systems can interface to an interface controller via a serial interface, and the interface controller can be coupled to a process control computer via an Ethernet connection. In some cases, distribution stock is blank and has no readable code, in which case the blank stock is automatically advanced to a reject bin without interrupting the operation of system.