The weekly chieftain. [volume] (Vinita, Craig County, Okla.) 1905-1913, 1910-10-14

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e rnzt the work = tzks1 over By t1e
Farzers & Ieeazzics szv.1g Bank q
MfzEezp polLs whlc1 Is strictly mutual
szYings bzEk with ever sfty t6o19snd
lepoeltorz s1eh Il fnst1tutso1 being
somewhat edzcztlonal Il rs purpose
sgeh a work vas. therefore, nj great
y foreign u r. TIE CLEARING kouse
association q the city soined IL TIE
Teqnest Thereupon. IN September.
1904. this bank with the express szta.
ority of the board Il edgcstloa, took
oyer the system and L. now operating
u IN about fortyseven of the grade
schools n the city. IL which there Is :
school attendance u sbo1t q 10 chII-
dren.
The method under which Il Is oper-
sted Il the following
The bank employs for is work ave
bright, intelligent and enthusiastic
young women Is collectors They 70
70 the various schools once week.
explain 70 the children. when neeez-
sary, the system and It's purpose. as
well a. the benefits Of learning u
save These collectors reeeive the
money presented b. the children. Sot
exceeding five dollars in the aggre-
gate Is the amount received from any
one child The collectors attach 70
stamp card furnished By the bank
variOusly colored lithograph stamps
equal in amount 10 the money offered
BY the child, aud the card is returned
70 the child. Accounts can Be opened
and money can be Withdrawn only up
on the written request Of the parent
or guardian of the child, and money
can be Withdrawn only by the surren-
der Of the stamps attached 70 the
ehiId's card Rules are plainly print |
20 upon the card But little bookkeeD-
ing ia necessary. Few cards are lost.
The child Is impressed vltb the inter
est Of preserving the card and Is thus
taught 10 carefully safeguard at least
one thing among lts many posses
slons.
NO bonus or reward of any kind is !
offered for accounts. 30 interest IS !
paid until the account Is transferred |
into regular Dassbook Of some saw
iugs bank 70 appeals are made ez
cept those which are purely education j
al and which suggest the right uses
for which money Is 10 BE- saved. and |
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