Abilene weekly reflector. [volume] (Abilene, Kan.) 1888-1935, 1908-10-08
DETAILS or THE MN.
POSTAL SAVINGS PLAN
Prompt Performance of Rspublicaa
Platform Promise ID certaln.
Rostal Savings Banks VIM Form
Save and Convenient ByStsm for
Accumulating savings.

A bill providing for the establish
nnent Of postal savings banks was fAv-
0rnbly reported by the unltsd States
0snate Committee on PostOmces ara
He1k Roads during the recent assslon ee
ongrs1p and y Feapenahlt certain n
y SnaetSd into laW 4fglpg the 6IAlns
isbIitn. thts eAdIhs prompt PsstSsm,
aHss 10 ~ prVnla6 u W. nspubllcAa
.usiiehal pi6sfoFm relative IA tAiA tqEln
lsnEthshinS our national cEhtSn Sg
npance.9 aBqi4agA Nli gsbNg Hggi4 \
me bill reported provides for ths
oetabliBhMsnt .of pogtal, savings dercgl.
ieritb tot dsDositins savings a interest
Ntth the security Of the Government
~ ths repayment thereof and deslg.
inetsS the money.Order pCst-odices and
such others AZ the Postmaster General
may in his discretion, from time to
time designate as savings repositories
70 receive deposits from the public and
70 account and dispose Of the same &C
eording to the terms Of the act.
The deposltories are g b kept open
for the trsnsaction Of business every
day, Sundays and legal holidays sx,
csptsd, during tAa .gsqsl pUgtomcs
BUSINESS hour Of the town and iocali-
ties where the respective depcsitories
are located, and during such additional
Aourt - the sPoStmaatsr-G General may
designate. aH aw
Accounts may BE- opened By any paF-
con Of the age of 10 years, and mar.
ried woman may opsn an account free
from iater6ereHse b hsE husband. A
trustee may obtn dn account for an.
ether person. 10 person e1h 6pSa more
than one saving account except when
Sctins as tfustsS fcr another person.
A depository pass BOOK viii be le-
livSrsd to each depositor IN which the
name and other memoFanda necessary
for IdeptIAcatiOh wiil Be entered and
entry Of alf deposits shall bs made
One dollar OF q larger amount in
multlples Of 10 cents will rbs necessary
to open an scconnt, bat deposits Of 10
cents or multlples thereof VIII be re-
celved after an account iS opened.
Upon receiving deposit the post
master IL required to enter the same
IN the pass book Of the deposltcr and
Immediately notify the PcstmasterGen-
srni Of the amount Of the deposit and
ths name Of the deposition The Pest.
nsutsr.0snsral. upOn rscsipt Of such
noees, 10 required to Ssnd an acknowl-
sd1nsnt thereof 10 the deposition, which
aSEuowiodgmsnt shall constitute eon-
evsivs evidence Of the making Of such
Deposit.
Inssrssa Allowed % Deposits.
Intsrsst ID aliowsd at he rate of ?
Der esst psF snsuA. eomputsd snnu-
aIly, On the avsrae, dspoait during
eaeA quarter Il TIE year, One thou-
osnd dollars \ tha .mazinum dspcsit
anevsd 70 the efsdIt of any one &C
esunt. ana interest VIII not b paid on
suy amount - the credit of an account
d uzcss of $500
PAS books must b forwarded b the
P..tmastsF. 0elsral On the annivsrSary
4 TIE making Of TIE hrSt dsposit fer
Voriaeution. posting, and credit Of in
ts.ssi 6ua Withdnvhls nay - mads
ulaer rules and rerulation1 10 bs pre-
n.rlb,d by he PostuagtsF- oensnl D..
porisu ars sxsnpf mn D,lsuTs unttr
~ legal procs@ agsinst ths espositor
e,s thsT ars aiso sEsmpi from taxa
- b ~ rsl.,e s|...s ?. aHI sl....